2022
Exports
$3.92MWorld Rnk 79 / 192
Flag Rnk 443 / 1197
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$49.2MWorld Rnk 27 / 223
Flag Rnk 338 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $3.92M in Packing Bags, making it the 79th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 443rd most exported product in Norway. The main destination of Packing Bags exports from Norway are: Iceland ($2.17M), Sweden ($899k), Russia ($128k), United Kingdom ($118k), and Vietnam ($84.5k).

The fastest growing export markets for Packing Bags of Norway between 2021 and 2022 were Iceland ($822k), Sweden ($257k), and Poland ($56.7k).

Imports In 2022, Norway imported $49.2M in Packing Bags, becoming the 27th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 338th most imported product in Norway. Norway imports Packing Bags primarily from: India ($11M), Thailand ($8.9M), Vietnam ($5.2M), China ($4.64M), and Turkey ($4M).

The fastest growing import markets in Packing Bags for Norway between 2021 and 2022 were Thailand ($2.51M), Azerbaijan ($1.5M), and India ($1.37M).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (18) were at the forefront of shipping Packing Bags from Norway to the United States.

Latest Trends

Oct 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 Packing Bags. 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 (2022)$3.92M
IMPORTS (2022)$49.2M
NET TRADE (2022)-$45.3M

In 2022, Norway exported $3.92M in Packing Bags. The main destinations of Norway exports on Packing Bags were Iceland ($2.17M), Sweden ($899k), Russia ($128k), United Kingdom ($118k), and Vietnam ($84.5k).

In 2022, Norway imported $49.2M in Packing Bags, mainly from India ($11M), Thailand ($8.9M), Vietnam ($5.2M), China ($4.64M), and Turkey ($4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Iceland$822k (61.1%)
Sweden$257k (40%)
Poland$56.7k (438%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Norway WERE (2021 - 2022):
Vietnam-$58.9k (-41.1%)
Finland-$47.3k (-60.8%)
Estonia-$36.3k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Norway's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
In 2022, Norway's main importing competitors in Packing Bags were:

Explore Visualizations

Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $155k
TOP IMPORT POTENTIALChina+ $2.5M

Packing Bags’s highest export potential is Russia. With an export gap of $155k.   Packing Bags’s highest import potential is China with an import gap of $2.5M.

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