2022
Exports
$20.5MWorld Rnk 42 / 155
Flag Rnk 253 / 1197
falsefalse Canada
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$58.5MWorld Rnk 40 / 219
Flag Rnk 313 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $20.5M in Margarine, making it the 42nd largest exporter of Margarine in the world. At the same year, Margarine was the 253rd most exported product in Norway. The main destination of Margarine exports from Norway are: Canada ($5.4M), Poland ($2.81M), Sweden ($2.27M), United States ($1.97M), and South Korea ($1.76M).

Imports In 2022, Norway imported $58.5M in Margarine, becoming the 40th largest importer of Margarine in the world. At the same year, Margarine was the 313th most imported product in Norway. Norway imports Margarine primarily from: Sweden ($28.6M), Germany ($8.91M), Denmark ($7.45M), Finland ($3.49M), and Belgium ($2.81M).

The fastest growing import markets in Margarine for Norway between 2021 and 2022 were Sweden ($9.27M), Denmark ($3.66M), and Poland ($1.57M).

Latest Trends

Oct 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 Margarine. 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)$20.5M
IMPORTS (2022)$58.5M
NET TRADE (2022)-$38.1M

In 2022, Norway exported $20.5M in Margarine. The main destinations of Norway exports on Margarine were Canada ($5.4M), Poland ($2.81M), Sweden ($2.27M), United States ($1.97M), and South Korea ($1.76M).

In 2022, Norway imported $58.5M in Margarine, mainly from Sweden ($28.6M), Germany ($8.91M), Denmark ($7.45M), Finland ($3.49M), and Belgium ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Margarine were:
In 2022, Norway's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.06M
TOP IMPORT POTENTIALNetherlands+ $1.45M

Margarine’s highest export potential is United States. With an export gap of $1.06M.   Margarine’s highest import potential is Netherlands with an import gap of $1.45M.

See methodology.

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