2022
Exports
$4.77MWorld Rnk 79 / 180
Flag Rnk 408 / 1197
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$97.4MWorld Rnk 60 / 224
Flag Rnk 211 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.77M in Malt Extract, making it the 79th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 408th most exported product in Norway. The main destination of Malt Extract exports from Norway are: Sweden ($2.52M), Denmark ($801k), Iceland ($366k), Sri Lanka ($312k), and United States ($254k).

The fastest growing export markets for Malt Extract of Norway between 2021 and 2022 were Sweden ($945k), Sri Lanka ($271k), and United Kingdom ($68.5k).

Imports In 2022, Norway imported $97.4M in Malt Extract, becoming the 60th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 211th most imported product in Norway. Norway imports Malt Extract primarily from: Denmark ($26.5M), Sweden ($20.6M), Germany ($8.22M), France ($6.75M), and Austria ($6.56M).

The fastest growing import markets in Malt Extract for Norway between 2021 and 2022 were Italy ($893k), Denmark ($646k), and Germany ($584k).

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 Malt Extract. 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)$4.77M
IMPORTS (2022)$97.4M
NET TRADE (2022)-$92.7M

In 2022, Norway exported $4.77M in Malt Extract. The main destinations of Norway exports on Malt Extract were Sweden ($2.52M), Denmark ($801k), Iceland ($366k), Sri Lanka ($312k), and United States ($254k).

In 2022, Norway imported $97.4M in Malt Extract, mainly from Denmark ($26.5M), Sweden ($20.6M), Germany ($8.22M), France ($6.75M), and Austria ($6.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$945k (60.1%)
Sri Lanka$271k (651%)
United Kingdom$68.5k (92.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Norway WERE (2021 - 2022):
United States-$74.4k (-22.7%)
Iceland-$63.2k (-14.7%)
Austria-$39.3k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Malt Extract were:
In 2022, Norway's main importing competitors in Malt Extract were:

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $419k
TOP IMPORT POTENTIALGermany+ $3.68M

Malt Extract’s highest export potential is United States. With an export gap of $419k.   Malt Extract’s highest import potential is Germany with an import gap of $3.68M.

See methodology.

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