2022
Exports
$381kWorld Rnk 97 / 149
Flag Rnk 760 / 1197
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$4.06MWorld Rnk 148 / 208
Flag Rnk 798 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $381k in Palm Oil, making it the 97th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 760th most exported product in Norway. The main destination of Palm Oil exports from Norway are: Iceland ($326k), Denmark ($47.5k), Sweden ($7.76k), and Netherlands ($20).

The fastest growing export markets for Palm Oil of Norway between 2021 and 2022 were Denmark ($47.4k), Sweden ($7.76k), and Netherlands ($18).

Imports In 2022, Norway imported $4.06M in Palm Oil, becoming the 148th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 798th most imported product in Norway. Norway imports Palm Oil primarily from: Netherlands ($1.95M), Sweden ($1.64M), Malaysia ($154k), Germany ($113k), and United Kingdom ($113k).

The fastest growing import markets in Palm Oil for Norway between 2021 and 2022 were Netherlands ($1.84M), Sweden ($214k), and United Kingdom ($31.9k).

Latest Trends

Apr 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 Palm Oil. 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)$381k
IMPORTS (2022)$4.06M
NET TRADE (2022)-$3.68M

In 2022, Norway exported $381k in Palm Oil. The main destinations of Norway exports on Palm Oil were Iceland ($326k), Denmark ($47.5k), Sweden ($7.76k), and Netherlands ($20).

In 2022, Norway imported $4.06M in Palm Oil, mainly from Netherlands ($1.95M), Sweden ($1.64M), Malaysia ($154k), Germany ($113k), and United Kingdom ($113k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$47.4k (35.6k%)
Sweden$7.76k (1%)
Netherlands$18 (900%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Norway WERE (2021 - 2022):Iceland-$79.8k (-19.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Palm Oil were:
In 2022, Norway's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

Explore Visualizations

Trade Value of Palm Oil by Exporters

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