2022
Exports
$4.35MWorld Rnk 52 / 145
Flag Rnk 421 / 1197
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$13.6MWorld Rnk 71 / 209
Flag Rnk 575 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.35M in Synthetic Rubber, making it the 52nd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 421st most exported product in Norway. The main destination of Synthetic Rubber exports from Norway are: Finland ($939k), Sweden ($829k), United States ($756k), Denmark ($444k), and Poland ($421k).

The fastest growing export markets for Synthetic Rubber of Norway between 2021 and 2022 were United States ($736k), Poland ($387k), and Australia ($189k).

Imports In 2022, Norway imported $13.6M in Synthetic Rubber, becoming the 71st largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 575th most imported product in Norway. Norway imports Synthetic Rubber primarily from: Sweden ($2.33M), Germany ($2.08M), Poland ($1.38M), Netherlands ($1.36M), and South Korea ($1.3M).

The fastest growing import markets in Synthetic Rubber for Norway between 2021 and 2022 were United States ($529k), Netherlands ($516k), and France ($465k).

Latest Trends

Sep 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 Synthetic Rubber. 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)$4.35M
IMPORTS (2022)$13.6M
NET TRADE (2022)-$9.25M

In 2022, Norway exported $4.35M in Synthetic Rubber. The main destinations of Norway exports on Synthetic Rubber were Finland ($939k), Sweden ($829k), United States ($756k), Denmark ($444k), and Poland ($421k).

In 2022, Norway imported $13.6M in Synthetic Rubber, mainly from Sweden ($2.33M), Germany ($2.08M), Poland ($1.38M), Netherlands ($1.36M), and South Korea ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$736k (3.75k%)
Poland$387k (1.15k%)
Australia$189k (26.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Norway WERE (2021 - 2022):
Finland-$244k (-20.6%)
Netherlands-$231k (-93.7%)
Sweden-$162k (-16.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Synthetic Rubber were:
In 2022, Norway's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $727k
TOP IMPORT POTENTIALGermany+ $1.26M

Synthetic Rubber’s highest export potential is United States. With an export gap of $727k.   Synthetic Rubber’s highest import potential is Germany with an import gap of $1.26M.

See methodology.

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