2022
Exports
$153MWorld Rnk 28 / 169
Flag Rnk 74 / 1197
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$81.4MWorld Rnk 31 / 217
Flag Rnk 241 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $153M in Crustaceans, making it the 28th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 74th most exported product in Norway. The main destination of Crustaceans exports from Norway are: United States ($33.5M), Iceland ($25.4M), Denmark ($23.5M), Japan ($14M), and China ($9.3M).

The fastest growing export markets for Crustaceans of Norway between 2021 and 2022 were Iceland ($16.3M), China ($4.59M), and Canada ($4.16M).

Imports In 2022, Norway imported $81.4M in Crustaceans, becoming the 31st largest importer of Crustaceans in the world. At the same year, Crustaceans was the 241st most imported product in Norway. Norway imports Crustaceans primarily from: Denmark ($34.5M), Greenland ($15.5M), Vietnam ($10.6M), India ($2.76M), and Canada ($2.18M).

The fastest growing import markets in Crustaceans for Norway between 2021 and 2022 were Vietnam ($1.08M), Argentina ($1.05M), and Lithuania ($710k).

COMPANIES In 2023, leading companies such as Chicken of the Sea (14) and Wismettac Asian Foods (1) were at the forefront of shipping Crustaceans from Norway to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Crustaceans. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$153M
IMPORTS (2022)$81.4M
NET TRADE (2022)$71.4M

In 2022, Norway exported $153M in Crustaceans. The main destinations of Norway exports on Crustaceans were United States ($33.5M), Iceland ($25.4M), Denmark ($23.5M), Japan ($14M), and China ($9.3M).

In 2022, Norway imported $81.4M in Crustaceans, mainly from Denmark ($34.5M), Greenland ($15.5M), Vietnam ($10.6M), India ($2.76M), and Canada ($2.18M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Iceland$16.3M (179%)
China$4.59M (97.6%)
Canada$4.16M (790%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Norway WERE (2021 - 2022):
United States-$37.4M (-52.7%)
Netherlands-$7.46M (-66.1%)
Denmark-$6.2M (-20.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Norway's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Norway's main importing competitors in Crustaceans were:

Explore Visualizations

Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.3M
TOP IMPORT POTENTIALIndia+ $3.65M

Crustaceans’s highest export potential is United States. With an export gap of $18.3M.   Crustaceans’s highest import potential is India with an import gap of $3.65M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with