Packaged Medicaments in Norway

EXPORTS (2018): $896M, World Rnk 30 / 190
Flag Rnk 14 / 1135

TOP DESTINATION (2018): $141M, Denmark

FASTEST GROWING MARKET (2017 - 2018): $61.6M, Denmark

IMPORTS (2018): $1.5B, World Rnk 38 / 217
Flag Rnk 8 / 1208

TOP ORIGIN (2018): $370M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $180M, Sweden

ECONOMIC COMPLEXITY of Norway (2018): 0.85, Rnk 34 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Norway.

Exports: In 2018, Norway exported $896M in Packaged Medicaments, making it the 30th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 14th most exported product in Norway. The main destination of Packaged Medicaments exports from Norway are: Denmark ($141M), Belgium-Luxembourg ($121M), Germany ($100M), Netherlands ($85.7M), and Japan ($67.9M).

The fastest growing export markets for Packaged Medicaments of Norway between 2017 and 2018 were Denmark ($61.6M), China ($34.4M), and Japan ($29.9M).

Imports: In 2018, Norway imported $1.5B in Packaged Medicaments, becoming the 38th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 8th most imported product in Norway. Norway imports Packaged Medicaments primarily from: Germany ($370M), Sweden ($283M), Switzerland ($142M), Netherlands ($97.3M), and United States ($93.2M).

The fastest growing import markets in Packaged Medicaments for Norway between 2017 and 2018 were Sweden ($180M), Germany ($74.9M), and Poland ($34.5M).

Value

EXPORTS (2018): $896M

IMPORTS (2018): $1.5B

NET TRADE (2018): -$603M

In 2018, Norway exported $896M in Packaged Medicaments. The main destinations of Norway exports on Packaged Medicaments were Denmark ($141M), Belgium-Luxembourg ($121M), Germany ($100M), Netherlands ($85.7M), and Japan ($67.9M).

In 2018, Norway imported $1.5B in Packaged Medicaments, mainly from Germany ($370M), Sweden ($283M), Switzerland ($142M), Netherlands ($97.3M), and United States ($93.2M).

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IN 2018, Norway HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Denmark, $90.8M ($141M - $50.6M)
  • Belgium-Luxembourg, $67.6M ($121M - $53.7M)
  • Japan, $65.4M ($67.9M - $2.41M)

IN 2018, Norway HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Sweden, -$270M ($13.3M - $283M)
  • Germany, -$269M ($100M - $370M)
  • Switzerland, -$115M ($27M - $142M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Norway WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Norway WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Norway's main exporting competitors in Packaged Medicaments were:

In 2018, Norway's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Norway. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Packaged Medicaments in the imports of Norway were of 0% around the world.

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