2023
Exports
$583kWorld Rnk 37 / 97
Flag Rnk 698 / 1199
2023
PRODUCT COMPLEXITY IN Nitrile Compounds
1.01Rnk 172 / 1025
2023
Imports
$10.1MWorld Rnk 41 / 172
Flag Rnk 633 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $583k in Nitrile Compounds, making it the 37th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 698th most exported product in Norway. The main destination of Nitrile Compounds exports from Norway are: Italy ($373k), Belgium ($150k), Paraguay ($53.4k), Chinese Taipei ($3.98k), and France ($1.48k).

The fastest growing export markets for Nitrile Compounds of Norway between 2022 and 2023 were Italy ($340k), Belgium ($81.2k), and Paraguay ($53.4k).

Imports In 2023, Norway imported $10.1M in Nitrile Compounds, becoming the 41st largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 633rd most imported product in Norway. Norway imports Nitrile Compounds primarily from: China ($9.05M), United States ($324k), Sweden ($198k), Chinese Taipei ($120k), and Switzerland ($106k).

The fastest growing import markets in Nitrile Compounds for Norway between 2022 and 2023 were China ($806k), United States ($307k), and Switzerland ($106k).

COMPANIES In 2024, leading companies such as Costco Wholesale (1) were at the forefront of shipping Nitrile Compounds from Norway to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Nitrile Compounds. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$583k
IMPORTS (2023)$10.1M
NET TRADE (2023)-$9.47M

In 2023, Norway exported $583k in Nitrile Compounds. The main destinations of Norway exports on Nitrile Compounds were Italy ($373k), Belgium ($150k), Paraguay ($53.4k), Chinese Taipei ($3.98k), and France ($1.48k).

In 2023, Norway imported $10.1M in Nitrile Compounds, mainly from China ($9.05M), United States ($324k), Sweden ($198k), Chinese Taipei ($120k), and Switzerland ($106k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Italy$340k (1.05k%)
Belgium$81.2k (118%)
Paraguay$53.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Norway WERE (2022 - 2023):
Canada-$1.98k (-100%)
Sweden-$1k (-78%)
Denmark-$646 (-73.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Norway's main exporting competitors in Nitrile Compounds were:
In 2023, Norway's main importing competitors in Nitrile Compounds were:
India $547M
China $407M

Explore Visualizations

Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $28k
TOP IMPORT POTENTIALGermany+ $311k

Nitrile Compounds’s highest export potential is Italy. With an export gap of $28k.   Nitrile Compounds’s highest import potential is Germany with an import gap of $311k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with