2022
Exports
$49.7MWorld Rnk 59 / 223
Flag Rnk 172 / 1197
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$1.3BWorld Rnk 19 / 225
Flag Rnk 10 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $49.7M in Other Furniture, making it the 59th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 172nd most exported product in Norway. The main destination of Other Furniture exports from Norway are: Sweden ($19.7M), Vietnam ($6.13M), Denmark ($5.33M), Germany ($3.71M), and United States ($1.74M).

The fastest growing export markets for Other Furniture of Norway between 2021 and 2022 were Vietnam ($5.56M), Germany ($1.39M), and Denmark ($613k).

Imports In 2022, Norway imported $1.3B in Other Furniture, becoming the 19th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 10th most imported product in Norway. Norway imports Other Furniture primarily from: Sweden ($380M), Denmark ($338M), Lithuania ($132M), Poland ($116M), and China ($108M).

The fastest growing import markets in Other Furniture for Norway between 2021 and 2022 were Poland ($15.7M), Estonia ($5.55M), and Germany ($4.27M).

COMPANIES In 2023, leading companies such as Costco Wholesale (68), CITY Furniture (56), and Tmall (45) were at the forefront of shipping Other Furniture from Norway to the United States.

Latest Trends

Oct 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 Other Furniture. 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)$49.7M
IMPORTS (2022)$1.3B
NET TRADE (2022)-$1.25B

In 2022, Norway exported $49.7M in Other Furniture. The main destinations of Norway exports on Other Furniture were Sweden ($19.7M), Vietnam ($6.13M), Denmark ($5.33M), Germany ($3.71M), and United States ($1.74M).

In 2022, Norway imported $1.3B in Other Furniture, mainly from Sweden ($380M), Denmark ($338M), Lithuania ($132M), Poland ($116M), and China ($108M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Vietnam$5.56M (973%)
Germany$1.39M (60.2%)
Denmark$613k (13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Norway WERE (2021 - 2022):
Sweden-$1M (-4.83%)
United States-$550k (-24%)
Finland-$452k (-23.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Norway's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.85M
TOP IMPORT POTENTIALChina+ $73.4M

Other Furniture’s highest export potential is Germany. With an export gap of $4.85M.   Other Furniture’s highest import potential is China with an import gap of $73.4M.

See methodology.

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