2022
Exports
$107kWorld Rnk 52 / 95
Flag Rnk 922 / 1197
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$9.04MWorld Rnk 43 / 178
Flag Rnk 663 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $107k in Nitrile Compounds, making it the 52nd largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 922nd most exported product in Norway. The main destination of Nitrile Compounds exports from Norway are: Belgium ($68.9k), Italy ($32.4k), Canada ($1.98k), Chinese Taipei ($1.54k), and Sweden ($1.29k).

The fastest growing export markets for Nitrile Compounds of Norway between 2021 and 2022 were Belgium ($30.3k), Italy ($25.6k), and Sweden ($1.05k).

Imports In 2022, Norway imported $9.04M in Nitrile Compounds, becoming the 43rd largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 663rd most imported product in Norway. Norway imports Nitrile Compounds primarily from: China ($8.44M), Germany ($218k), Sweden ($183k), Chinese Taipei ($76.9k), and South Africa ($43.2k).

The fastest growing import markets in Nitrile Compounds for Norway between 2021 and 2022 were China ($1.55M), Sweden ($5.82k), and Hungary ($4.69k).

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 Nitrile Compounds. 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)$107k
IMPORTS (2022)$9.04M
NET TRADE (2022)-$8.93M

In 2022, Norway exported $107k in Nitrile Compounds. The main destinations of Norway exports on Nitrile Compounds were Belgium ($68.9k), Italy ($32.4k), Canada ($1.98k), Chinese Taipei ($1.54k), and Sweden ($1.29k).

In 2022, Norway imported $9.04M in Nitrile Compounds, mainly from China ($8.44M), Germany ($218k), Sweden ($183k), Chinese Taipei ($76.9k), and South Africa ($43.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Belgium$30.3k (78.6%)
Italy$25.6k (375%)
Sweden$1.05k (452%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Norway WERE (2021 - 2022):
Poland-$1.37k (-100%)
Chinese Taipei-$67 (-4.16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Nitrile Compounds were:
In 2022, Norway's main importing competitors in Nitrile Compounds were:

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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.

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