Refined Petroleum in Norway | OEC - The Observatory of Economic Complexity

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Exports In 2020, Norway exported $3.68B in Refined Petroleum, making it the 28th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most exported product in Norway. The main destination of Refined Petroleum exports from Norway are: Nigeria ($659M), Netherlands ($468M), Sweden ($409M), Denmark ($335M), and Belgium ($274M).

The fastest growing export markets for Refined Petroleum of Norway between 2019 and 2020 were Nigeria ($102M), South Korea ($30M), and Malaysia ($23.1M).

Imports In 2020, Norway imported $1.82B in Refined Petroleum, becoming the 55th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Norway. Norway imports Refined Petroleum primarily from: Sweden ($785M), Netherlands ($203M), United States ($167M), Russia ($165M), and Denmark ($120M).

The fastest growing import markets in Refined Petroleum for Norway between 2019 and 2020 were Qatar ($39.2M), Ireland ($26.1M), and United States ($19.4M).

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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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2020): $3.68B

IMPORTS (2020): $1.82B

NET TRADE (2020): $1.86B

In 2020, Norway exported $3.68B in Refined Petroleum. The main destinations of Norway exports on Refined Petroleum were Nigeria ($659M), Netherlands ($468M), Sweden ($409M), Denmark ($335M), and Belgium ($274M).

In 2020, Norway imported $1.82B in Refined Petroleum, mainly from Sweden ($785M), Netherlands ($203M), United States ($167M), Russia ($165M), and Denmark ($120M).