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2022
Destination $49.4k United States
2021 - 2022
FASTEST GROWING MARKET $49.4kUnited States
2022
PRODUCT COMPLEXITY IN Essential Oils-1.09Rnk 855 / 1025
2022
ImportsfalseWorld Rnk 44 / 214
Flag Rnk 619 / 1211
2022
Origin $1.06M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.06MNetherlands
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported N/A in Essential Oils, making it the 130th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 908th most exported product in Norway. The main destination of Essential Oils exports from Norway are: United States ($50k), Sweden ($22.7k), Canada ($19k), Netherlands ($6.38k), and Germany ($5.7k).

The fastest growing export markets for Essential Oils of Norway between 2021 and 2022 were United States ($49.4k), Canada ($18.8k), and Poland ($5.1k).

Imports In 2022, Norway imported $11.2M in Essential Oils, becoming the 44th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 619th most imported product in Norway. Norway imports Essential Oils primarily from: United States ($4.37M), Netherlands ($4.23M), United Kingdom ($605k), Denmark ($306k), and Sweden ($288k).

The fastest growing import markets in Essential Oils for Norway between 2021 and 2022 were Netherlands ($1.06M), China ($78.7k), and India ($51.2k).

Latest Trends

Jul 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 Essential Oils. 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
IMPORTS (2022)$11.2M

In N/A, Norway exported N/A in Essential Oils. The main destinations of Norway exports on Essential Oils were United States ($50k), Sweden ($22.7k), Canada ($19k), Netherlands ($6.38k), and Germany ($5.7k).

In 2022, Norway imported $11.2M in Essential Oils, mainly from United States ($4.37M), Netherlands ($4.23M), United Kingdom ($605k), Denmark ($306k), and Sweden ($288k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$49.4k (8.51k%)
Canada$18.8k (10.7k%)
Poland$5.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Norway WERE (2021 - 2022):
Netherlands-$15.4k (-70.7%)
Indonesia-$2.52k (-100%)
Austria-$2.01k (-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 Essential Oils were:
India $879M
United States $693M
Brazil $425M
In 2022, Norway's main importing competitors in Essential Oils were:
United States $1.25B
France $440M
Germany $357M

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $69k
TOP IMPORT POTENTIALIndia+ $469k

Essential Oils’s highest export potential is United States. With an export gap of $69k.   Essential Oils’s highest import potential is India with an import gap of $469k.

See methodology.

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