2022
Exports
$1.82BWorld Rnk 35 / 214
Flag Rnk 10 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$1.28BWorld Rnk 49 / 225
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.82B in Organic chemicals, making it the 35th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 10th most exported product in Norway. The main destination of Organic chemicals exports from Norway are: China ($396M), Ireland ($358M), Sweden ($198M), Germany ($164M), and Belgium ($154M).

The fastest growing export markets for Organic chemicals of Norway between 2021 and 2022 were Ireland ($66.8M), Poland ($34M), and Belgium ($31.7M).

Imports In 2022, Norway imported $1.28B in Organic chemicals, becoming the 49th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 20th most imported product in Norway. Norway imports Organic chemicals primarily from: United States ($426M), Netherlands ($234M), China ($101M), Germany ($95.5M), and India ($88.9M).

The fastest growing import markets in Organic chemicals for Norway between 2021 and 2022 were United States ($147M), United Kingdom ($33.6M), and China ($28.4M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (15), Coaster Fine Furniture (4), and GE RENEWABLES NORTH AMERICA LLC (4) were at the forefront of shipping Organic chemicals from Norway to the United States.

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 Organic chemicals. 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)$1.82B
IMPORTS (2022)$1.28B
NET TRADE (2022)$541M

In 2022, Norway exported $1.82B in Organic chemicals. The main destinations of Norway exports on Organic chemicals were China ($396M), Ireland ($358M), Sweden ($198M), Germany ($164M), and Belgium ($154M).

In 2022, Norway imported $1.28B in Organic chemicals, mainly from United States ($426M), Netherlands ($234M), China ($101M), Germany ($95.5M), and India ($88.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Ireland$66.8M (22.9%)
Poland$34M (45.4%)
Belgium$31.7M (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Norway WERE (2021 - 2022):
China-$612M (-60.7%)
United Kingdom-$130M (-57.8%)
Sweden-$83.2M (-29.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Organic chemicals were:
In 2022, Norway's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $33.7M
TOP IMPORT POTENTIALChina+ $46.6M

Organic chemicals’s highest export potential is Germany. With an export gap of $33.7M.   Organic chemicals’s highest import potential is China with an import gap of $46.6M.

See methodology.

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