2022
Exports
$8.3BWorld Rnk 40 / 226
Flag Rnk 4 / 21
2022
PRODUCT COMPLEXITY IN Chemical Products
2.43Rnk 1 / 1025
2022
Imports
$9.33BWorld Rnk 47 / 226
Flag Rnk 5 / 21
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $8.3B in Chemical Products, making it the 40th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 4th most exported product in Norway. The main destination of Chemical Products exports from Norway are: Germany ($861M), United States ($753M), Sweden ($744M), China ($728M), and Brazil ($528M).

The fastest growing export markets for Chemical Products of Norway between 2021 and 2022 were Brazil ($348M), Germany ($218M), and Ireland ($149M).

Imports In 2022, Norway imported $9.33B in Chemical Products, becoming the 47th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 5th most imported product in Norway. Norway imports Chemical Products primarily from: Sweden ($1.21B), Germany ($1.12B), United States ($1.04B), Brazil ($835M), and Netherlands ($824M).

The fastest growing import markets in Chemical Products for Norway between 2021 and 2022 were United States ($358M), Spain ($122M), and Brazil ($92.1M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (17), L'Oreal (16), and Walmart (10) were at the forefront of shipping Chemical Products 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. 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)$8.3B
IMPORTS (2022)$9.33B
NET TRADE (2022)-$1.03B

In 2022, Norway exported $8.3B in Chemical Products. The main destinations of Norway exports on Chemical Products were Germany ($861M), United States ($753M), Sweden ($744M), China ($728M), and Brazil ($528M).

In 2022, Norway imported $9.33B in Chemical Products, mainly from Sweden ($1.21B), Germany ($1.12B), United States ($1.04B), Brazil ($835M), and Netherlands ($824M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Brazil$348M (193%)
Germany$218M (33.9%)
Ireland$149M (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Norway WERE (2021 - 2022):
China-$650M (-47.2%)
Sweden-$90.2M (-10.8%)
United Kingdom-$79.3M (-15.7%)

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 were:
In 2022, Norway's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $117M
TOP IMPORT POTENTIALGermany+ $263M

Chemical Products’s highest export potential is United States. With an export gap of $117M.   Chemical Products’s highest import potential is Germany with an import gap of $263M.

See methodology.

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