2022
Exports
$2.87MWorld Rnk 21 / 82
Flag Rnk 494 / 1197
2022
PRODUCT COMPLEXITY IN Other Animal Fats
0.58Rnk 329 / 1025
2022
Imports
$1.75MWorld Rnk 27 / 154
Flag Rnk 928 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $2.87M in Other Animal Fats, making it the 21st largest exporter of Other Animal Fats in the world. At the same year, Other Animal Fats was the 494th most exported product in Norway. The main destination of Other Animal Fats exports from Norway are: Germany ($1.25M), United States ($1.02M), Canada ($238k), Thailand ($121k), and Brazil ($59.8k).

The fastest growing export markets for Other Animal Fats of Norway between 2021 and 2022 were Germany ($534k), Canada ($132k), and Brazil ($59.8k).

Imports In 2022, Norway imported $1.75M in Other Animal Fats, becoming the 27th largest importer of Other Animal Fats in the world. At the same year, Other Animal Fats was the 928th most imported product in Norway. Norway imports Other Animal Fats primarily from: China ($998k), South Korea ($654k), United States ($51.2k), Turkey ($16.1k), and Iceland ($9.25k).

The fastest growing import markets in Other Animal Fats for Norway between 2021 and 2022 were South Korea ($106k), Turkey ($15.5k), and Iceland ($9.25k).

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 Other Animal Fats. 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)$2.87M
IMPORTS (2022)$1.75M
NET TRADE (2022)$1.12M

In 2022, Norway exported $2.87M in Other Animal Fats. The main destinations of Norway exports on Other Animal Fats were Germany ($1.25M), United States ($1.02M), Canada ($238k), Thailand ($121k), and Brazil ($59.8k).

In 2022, Norway imported $1.75M in Other Animal Fats, mainly from China ($998k), South Korea ($654k), United States ($51.2k), Turkey ($16.1k), and Iceland ($9.25k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Animal Fats EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$534k (74.3%)
Canada$132k (125%)
Brazil$59.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animal Fats BY Norway WERE (2021 - 2022):
China-$466k (-96.8%)
United States-$217k (-17.6%)
Thailand-$144k (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Animal Fats were:
In 2022, Norway's main importing competitors in Other Animal Fats were:

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Trade Value of Other Animal Fats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $20.7k
TOP IMPORT POTENTIALUnited States+ $26.3k

Other Animal Fats’s highest export potential is China. With an export gap of $20.7k.   Other Animal Fats’s highest import potential is United States with an import gap of $26.3k.

See methodology.

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