2022
Exports
$3.15MWorld Rnk 66 / 208
Flag Rnk 479 / 1197
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$53.5MWorld Rnk 26 / 220
Flag Rnk 322 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $3.15M in Knitted Hats, making it the 66th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 479th most exported product in Norway. The main destination of Knitted Hats exports from Norway are: Sweden ($1.24M), Denmark ($465k), France ($270k), Germany ($244k), and United Kingdom ($122k).

The fastest growing export markets for Knitted Hats of Norway between 2021 and 2022 were Sweden ($516k), France ($222k), and Denmark ($220k).

Imports In 2022, Norway imported $53.5M in Knitted Hats, becoming the 26th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 322nd most imported product in Norway. Norway imports Knitted Hats primarily from: N/A.

The fastest growing import markets in Knitted Hats for Norway between 2021 and 2022 were China ($1.23M), Germany ($617k), and Sri Lanka ($574k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (1) were at the forefront of shipping Knitted Hats 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 Knitted Hats. 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)$3.15M
IMPORTS (2022)$53.5M
NET TRADE (2022)-$50.3M

In 2022, Norway exported $3.15M in Knitted Hats. The main destinations of Norway exports on Knitted Hats were Sweden ($1.24M), Denmark ($465k), France ($270k), Germany ($244k), and United Kingdom ($122k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$516k (71.4%)
France$222k (465%)
Denmark$220k (89.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Norway WERE (2021 - 2022):
Germany-$212k (-46.5%)
Lithuania-$130k (-73%)
Iceland-$77.4k (-76.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Knitted Hats were:
In 2022, Norway's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $273k
TOP IMPORT POTENTIALBangladesh+ $1.83M

Knitted Hats’s highest export potential is Germany. With an export gap of $273k.   Knitted Hats’s highest import potential is Bangladesh with an import gap of $1.83M.

See methodology.

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