HS Icon Refined Petroleum in  Flag Norway

2019
Exports | Imports
: $6.11B | $2.76B, World Rnk 27 / 214
Flag Rnk 4 / 1176 | World Rnk 56 / 225
Flag Rnk 2 / 1211

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $163M | $190M, Denmark |  Sweden

2019
ECONOMIC COMPLEXITY of Norway
: 0.78, Rnk 38 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Norway exported $6.11B in Refined Petroleum, making it the 27th 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: United States ($819M), Netherlands ($703M), Denmark ($639M), United Kingdom ($574M), and Nigeria ($557M).

The fastest growing export markets for Refined Petroleum of Norway between 2018 and 2019 were Denmark ($163M), United Arab Emirates ($120M), and United Kingdom ($104M).

Imports In 2019, Norway imported $2.76B in Refined Petroleum, becoming the 56th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Norway. Norway imports Refined Petroleum primarily from: Sweden ($1.38B), Russia ($347M), Netherlands ($319M), Denmark ($153M), and United States ($148M).

The fastest growing import markets in Refined Petroleum for Norway between 2018 and 2019 were Sweden ($190M), United States ($99.1M), and Belgium ($32.2M).

Historical Data

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EXPORTS (2019): $6.11B

IMPORTS (2019): $2.76B

NET TRADE (2019): $3.35B

In 2019, Norway exported $6.11B in Refined Petroleum. The main destinations of Norway exports on Refined Petroleum were United States ($819M), Netherlands ($703M), Denmark ($639M), United Kingdom ($574M), and Nigeria ($557M).

In 2019, Norway imported $2.76B in Refined Petroleum, mainly from Sweden ($1.38B), Russia ($347M), Netherlands ($319M), Denmark ($153M), and United States ($148M).

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IN 2019, Norway HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Norway HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Norway WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Norway WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2019, Norway's main exporting competitors in Refined Petroleum were:

In 2019, Norway's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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