2022
Exports
$764MWorld Rnk 38 / 222
Flag Rnk 20 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$883MWorld Rnk 51 / 226
Flag Rnk 27 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $764M in Chemical products n.e.s., making it the 38th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 20th most exported product in Norway. The main destination of Chemical products n.e.s. exports from Norway are: Sweden ($152M), Netherlands ($68M), United Kingdom ($55.5M), China ($39.8M), and United States ($38.9M).

The fastest growing export markets for Chemical products n.e.s. of Norway between 2021 and 2022 were Belgium ($15.4M), Denmark ($5.31M), and Chile ($3.92M).

Imports In 2022, Norway imported $883M in Chemical products n.e.s., becoming the 51st largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 27th most imported product in Norway. Norway imports Chemical products n.e.s. primarily from: Netherlands ($185M), Sweden ($132M), Germany ($114M), United States ($109M), and Denmark ($83M).

The fastest growing import markets in Chemical products n.e.s. for Norway between 2021 and 2022 were Denmark ($29.5M), Belgium ($21.6M), and Latvia ($5.85M).

COMPANIES In 2023, leading companies such as Walmart (10), Hyosung (1), and REI (Recreational Equipment Incorporated) (1) were at the forefront of shipping Chemical products n.e.s. from Norway to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Chemical products n.e.s.. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$764M
IMPORTS (2022)$883M
NET TRADE (2022)-$118M

In 2022, Norway exported $764M in Chemical products n.e.s.. The main destinations of Norway exports on Chemical products n.e.s. were Sweden ($152M), Netherlands ($68M), United Kingdom ($55.5M), China ($39.8M), and United States ($38.9M).

In 2022, Norway imported $883M in Chemical products n.e.s., mainly from Netherlands ($185M), Sweden ($132M), Germany ($114M), United States ($109M), and Denmark ($83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Belgium$15.4M (1.48k%)
Denmark$5.31M (34.9%)
Chile$3.92M (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Norway WERE (2021 - 2022):
United States-$97.4M (-71.5%)
Sweden-$34M (-18.3%)
Lithuania-$33.4M (-90.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Chemical products n.e.s. were:
In 2022, Norway's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $21.8M
TOP IMPORT POTENTIALChina+ $32.7M

Chemical products n.e.s.’s highest export potential is Germany. With an export gap of $21.8M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $32.7M.

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