2022
Exports
$5.73MWorld Rnk 26 / 147
Flag Rnk 382 / 1197
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$8.11MWorld Rnk 58 / 215
Flag Rnk 686 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $5.73M in Cocoa Powder, making it the 26th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 382nd most exported product in Norway. The main destination of Cocoa Powder exports from Norway are: Sweden ($4.03M), Denmark ($980k), Finland ($637k), Germany ($62.6k), and Iceland ($18.3k).

The fastest growing export markets for Cocoa Powder of Norway between 2021 and 2022 were Denmark ($131k), Finland ($54.2k), and Germany ($26.2k).

Imports In 2022, Norway imported $8.11M in Cocoa Powder, becoming the 58th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 686th most imported product in Norway. Norway imports Cocoa Powder primarily from: Netherlands ($4.46M), France ($1.54M), Germany ($1.18M), Spain ($320k), and Austria ($319k).

The fastest growing import markets in Cocoa Powder for Norway between 2021 and 2022 were France ($78k), Cote d'Ivoire ($40.1k), and Germany ($29.1k).

Latest Trends

Aug 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 Cocoa Powder. 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)$5.73M
IMPORTS (2022)$8.11M
NET TRADE (2022)-$2.38M

In 2022, Norway exported $5.73M in Cocoa Powder. The main destinations of Norway exports on Cocoa Powder were Sweden ($4.03M), Denmark ($980k), Finland ($637k), Germany ($62.6k), and Iceland ($18.3k).

In 2022, Norway imported $8.11M in Cocoa Powder, mainly from Netherlands ($4.46M), France ($1.54M), Germany ($1.18M), Spain ($320k), and Austria ($319k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$131k (15.5%)
Finland$54.2k (9.29%)
Germany$26.2k (72.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Norway WERE (2021 - 2022):
Sweden-$62.2k (-1.52%)
Russia-$34.7k (-100%)
Austria-$14.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Cocoa Powder were:
In 2022, Norway's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $115k
TOP IMPORT POTENTIALGermany+ $338k

Cocoa Powder’s highest export potential is Germany. With an export gap of $115k.   Cocoa Powder’s highest import potential is Germany with an import gap of $338k.

See methodology.

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