2022
Exports
$349MWorld Rnk 40 / 226
Flag Rnk 30 / 1197
2022
PRODUCT COMPLEXITY IN Other Plastic Products
0.78Rnk 253 / 1025
2022
Imports
$727MWorld Rnk 41 / 226
Flag Rnk 23 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $349M in Other Plastic Products, making it the 40th largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 30th most exported product in Norway. The main destination of Other Plastic Products exports from Norway are: United States ($91.8M), Lithuania ($35.3M), Sweden ($29.9M), Netherlands ($29.5M), and Germany ($25.8M).

The fastest growing export markets for Other Plastic Products of Norway between 2021 and 2022 were United States ($88.9M), Lithuania ($34.3M), and Netherlands ($26.5M).

Imports In 2022, Norway imported $727M in Other Plastic Products, becoming the 41st largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 23rd most imported product in Norway. Norway imports Other Plastic Products primarily from: Germany ($123M), South Korea ($102M), Sweden ($88.1M), China ($72.6M), and Denmark ($64.9M).

The fastest growing import markets in Other Plastic Products for Norway between 2021 and 2022 were South Korea ($101M), Germany ($61.8M), and United States ($40.4M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (7) and Coaster Fine Furniture (1) were at the forefront of shipping Other Plastic Products from Norway to the United States.

Latest Trends

Sep 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 Plastic Products. 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)$349M
IMPORTS (2022)$727M
NET TRADE (2022)-$379M

In 2022, Norway exported $349M in Other Plastic Products. The main destinations of Norway exports on Other Plastic Products were United States ($91.8M), Lithuania ($35.3M), Sweden ($29.9M), Netherlands ($29.5M), and Germany ($25.8M).

In 2022, Norway imported $727M in Other Plastic Products, mainly from Germany ($123M), South Korea ($102M), Sweden ($88.1M), China ($72.6M), and Denmark ($64.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$88.9M (3.11k%)
Lithuania$34.3M (3.39k%)
Netherlands$26.5M (888%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Norway WERE (2021 - 2022):
Guyana-$8.63M (-99.9%)
Estonia-$867k (-42.6%)
United Arab Emirates-$669k (-31.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.87M
TOP IMPORT POTENTIALChina+ $44.1M

Other Plastic Products’s highest export potential is United States. With an export gap of $5.87M.   Other Plastic Products’s highest import potential is China with an import gap of $44.1M.

See methodology.

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