2022
Exports
$268MWorld Rnk 36 / 216
Flag Rnk 40 / 1197
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$560MWorld Rnk 33 / 222
Flag Rnk 35 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $268M in Industrial Fatty Acids, Oils and Alcohols, making it the 36th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 40th most exported product in Norway. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Norway are: Sweden ($87.3M), Netherlands ($37M), United Kingdom ($35.9M), Japan ($16.6M), and Belgium ($15.5M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Norway between 2021 and 2022 were Belgium ($15.4M), Netherlands ($14.6M), and Denmark ($8.65M).

Imports In 2022, Norway imported $560M in Industrial Fatty Acids, Oils and Alcohols, becoming the 33rd largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 35th most imported product in Norway. Norway imports Industrial Fatty Acids, Oils and Alcohols primarily from: Netherlands ($171M), United States ($97.9M), Sweden ($63.6M), Denmark ($45.5M), and Germany ($43M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Norway between 2021 and 2022 were Denmark ($36.2M), Belgium ($27.1M), and Sweden ($13.2M).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$268M
IMPORTS (2022)$560M
NET TRADE (2022)-$292M

In 2022, Norway exported $268M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Norway exports on Industrial Fatty Acids, Oils and Alcohols were Sweden ($87.3M), Netherlands ($37M), United Kingdom ($35.9M), Japan ($16.6M), and Belgium ($15.5M).

In 2022, Norway imported $560M in Industrial Fatty Acids, Oils and Alcohols, mainly from Netherlands ($171M), United States ($97.9M), Sweden ($63.6M), Denmark ($45.5M), and Germany ($43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Belgium$15.4M (42.4k%)
Netherlands$14.6M (65%)
Denmark$8.65M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Norway WERE (2021 - 2022):
Sweden-$23.6M (-21.3%)
United Kingdom-$12.3M (-25.5%)
Kazakhstan-$1.86M (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Norway's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $354k
TOP IMPORT POTENTIALGermany+ $765k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is Italy. With an export gap of $354k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Germany with an import gap of $765k.

See methodology.

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