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Exports In 2022, Norway exported $22.1M in Nitric Acids, making it the 4th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 247th most exported product in Norway. The main destination of Nitric Acids exports from Norway are: Denmark ($13.5M), Belgium ($4.49M), Finland ($3.56M), Germany ($385k), and Sweden ($164k).

The fastest growing export markets for Nitric Acids of Norway between 2021 and 2022 were Denmark ($7.07M), Finland ($2.91M), and United States ($10.3k).

Imports In 2022, Norway imported $2.13M in Nitric Acids, becoming the 40th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 901st most imported product in Norway. Norway imports Nitric Acids primarily from: Finland ($903k), Belgium ($536k), Denmark ($310k), Poland ($193k), and Sweden ($76.7k).

The fastest growing import markets in Nitric Acids for Norway between 2021 and 2022 were Finland ($903k), Belgium ($252k), and Denmark ($172k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Nitric Acids. 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)$22.1M
IMPORTS (2022)$2.13M
NET TRADE (2022)$20M

In 2022, Norway exported $22.1M in Nitric Acids. The main destinations of Norway exports on Nitric Acids were Denmark ($13.5M), Belgium ($4.49M), Finland ($3.56M), Germany ($385k), and Sweden ($164k).

In 2022, Norway imported $2.13M in Nitric Acids, mainly from Finland ($903k), Belgium ($536k), Denmark ($310k), Poland ($193k), and Sweden ($76.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Denmark$7.07M (110%)
Finland$2.91M (453%)
United States$10.3k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Norway WERE (2021 - 2022):
Germany-$1.85M (-82.8%)
Belgium-$1.37M (-23.4%)
Sweden-$905k (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Norway's main exporting competitors in Nitric Acids were:
In 2022, Norway's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $358k
TOP IMPORT POTENTIALBelgium+ $42k

Nitric Acids’s highest export potential is Germany. With an export gap of $358k.   Nitric Acids’s highest import potential is Belgium with an import gap of $42k.

See methodology.

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