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2022
Exports $205kWorld Rnk 64 / 131
Flag Rnk 837 / 1197
2022
Destination $28k United States
2021 - 2022
FASTEST GROWING MARKET $28kSweden
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $1.98MWorld Rnk 50 / 189
Flag Rnk 914 / 1211
2022
Origin $352k Sweden
2021 - 2022
FASTEST GROWING ORIGIN $352kDenmark
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $205k in Bitumen and asphalt, making it the 64th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 837th most exported product in Norway. The main destination of Bitumen and asphalt exports from Norway are: United States ($135k), Sweden ($41.1k), United Kingdom ($14.3k), Netherlands ($9.15k), and Finland ($3.61k).

The fastest growing export markets for Bitumen and asphalt of Norway between 2021 and 2022 were Sweden ($28k), United Kingdom ($14.3k), and Netherlands ($9.15k).

Imports In 2022, Norway imported $1.98M in Bitumen and asphalt, becoming the 50th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 914th most imported product in Norway. Norway imports Bitumen and asphalt primarily from: Sweden ($581k), United States ($439k), Netherlands ($418k), Denmark ($362k), and Albania ($146k).

The fastest growing import markets in Bitumen and asphalt for Norway between 2021 and 2022 were Denmark ($352k), United States ($339k), and Sweden ($196k).

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 Bitumen and asphalt. 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)$205k
IMPORTS (2022)$1.98M
NET TRADE (2022)-$1.77M

In 2022, Norway exported $205k in Bitumen and asphalt. The main destinations of Norway exports on Bitumen and asphalt were United States ($135k), Sweden ($41.1k), United Kingdom ($14.3k), Netherlands ($9.15k), and Finland ($3.61k).

In 2022, Norway imported $1.98M in Bitumen and asphalt, mainly from Sweden ($581k), United States ($439k), Netherlands ($418k), Denmark ($362k), and Albania ($146k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$28k (215%)
United Kingdom$14.3k (1%)
Netherlands$9.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Norway WERE (2021 - 2022):
United States-$40.3k (-23%)
Denmark-$21.9k (-95.9%)
Lithuania-$823 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Norway's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $35.4k
TOP IMPORT POTENTIALUnited States+ $97k

Bitumen and asphalt’s highest export potential is United States. With an export gap of $35.4k.   Bitumen and asphalt’s highest import potential is United States with an import gap of $97k.

See methodology.

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