2022
Exports | Imports
$927M | $1.77BWorld Rnk 37 / 221
Flag Rnk 12 / 21
World Rnk 22 / 226
Flag Rnk 12 / 21
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124
2022
PRODUCT COMPLEXITY IN Wood Products
0.37Rnk 420 / 1025

About

Exports In 2022, Norway exported $927M in Wood Products, making it the 37th largest exporter of Wood Products in the world. At the same year, Wood Products was the 12th most exported product in Norway. The main destination of Wood Products exports from Norway are: Sweden ($405M), Germany ($109M), Denmark ($103M), United Kingdom ($68.2M), and Latvia ($60.5M).

The fastest growing export markets for Wood Products of Norway between 2021 and 2022 were Latvia ($15.6M), Germany ($15.6M), and Sweden ($13.7M).

Imports In 2022, Norway imported $1.77B in Wood Products, becoming the 22nd largest importer of Wood Products in the world. At the same year, Wood Products was the 12th most imported product in Norway. Norway imports Wood Products primarily from: Sweden ($798M), Estonia ($149M), Poland ($136M), Latvia ($101M), and Finland ($94.8M).

The fastest growing import markets in Wood Products for Norway between 2021 and 2022 were Poland ($10.6M), Indonesia ($10.6M), and Spain ($8.49M).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (56) were at the forefront of shipping Wood Products from Norway to the United States.

Latest Trends

Jan 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 Wood Products. 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)$927M
IMPORTS (2022)$1.77B
NET TRADE (2022)-$846M

In 2022, Norway exported $927M in Wood Products. The main destinations of Norway exports on Wood Products were Sweden ($405M), Germany ($109M), Denmark ($103M), United Kingdom ($68.2M), and Latvia ($60.5M).

In 2022, Norway imported $1.77B in Wood Products, mainly from Sweden ($798M), Estonia ($149M), Poland ($136M), Latvia ($101M), and Finland ($94.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Latvia$15.6M (34.8%)
Germany$15.6M (16.7%)
Sweden$13.7M (3.49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Norway WERE (2021 - 2022):
Denmark-$8.44M (-7.57%)
United Kingdom-$4.34M (-5.99%)
Belgium-$3.45M (-11.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
In 2022, Norway's main importing competitors in Wood Products were:

Explore Visualizations

Trade Value of Wood Products by Exporters

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