2021
Exports | Imports
$57.7B | $337MWorld Rnk 2 / 165
Flag Rnk 1 / 1186
World Rnk 63 / 221
Flag Rnk 65 / 1210
2021
ECONOMIC COMPLEXITY of Norway
0.69Rnk 38 / 131
2021
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1001 / 1024

About

Exports In 2021, Norway exported $57.7B in Petroleum Gas, making it the 2nd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 1st most exported product in Norway. The main destination of Petroleum Gas exports from Norway are: Germany ($24.2B), United Kingdom ($17.2B), Belgium ($7.7B), France ($6B), and Italy ($869M).

The fastest growing export markets for Petroleum Gas of Norway between 2020 and 2021 were Germany ($18.8B), United Kingdom ($13.6B), and Belgium ($5.8B).

Imports In 2021, Norway imported $337M in Petroleum Gas, becoming the 63rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 65th most imported product in Norway. Norway imports Petroleum Gas primarily from: United States ($142M), Sweden ($97.2M), Russia ($48.5M), United Kingdom ($26.9M), and Finland ($13.7M).

The fastest growing import markets in Petroleum Gas for Norway between 2020 and 2021 were United States ($129M), Sweden ($52.6M), and Finland ($13.1M).

Latest Trends

Dec 2023

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 Petroleum Gas. 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 (2021)$57.7B
IMPORTS (2021)$337M
NET TRADE (2021)$57.4B

In 2021, Norway exported $57.7B in Petroleum Gas. The main destinations of Norway exports on Petroleum Gas were Germany ($24.2B), United Kingdom ($17.2B), Belgium ($7.7B), France ($6B), and Italy ($869M).

In 2021, Norway imported $337M in Petroleum Gas, mainly from United States ($142M), Sweden ($97.2M), Russia ($48.5M), United Kingdom ($26.9M), and Finland ($13.7M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Norway WERE (2020 - 2021):
Germany$18.8B (346%)
United Kingdom$13.6B (382%)
Belgium$5.8B (306%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Norway WERE (2020 - 2021):
Spain-$172M (-74.9%)
Lithuania-$91.3M (-91.7%)
Morocco-$54M (-82.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Norway's main exporting competitors in Petroleum Gas were:
In 2021, Norway's main importing competitors in Petroleum Gas were:
China $56.6B
Japan $40.2B
Italy $30.5B

Explore Visualizations

Trade Value of Petroleum Gas by Exporters

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