2023
Exports
$3.34MWorld Rnk 26 / 116
Flag Rnk 464 / 1199
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$6.32MWorld Rnk 39 / 198
Flag Rnk 706 / 1207
2023
ECONOMIC COMPLEXITY of Norway
0.47Rnk 44 / 132

About

Exports In 2023, Norway exported $3.34M in Peat, making it the 26th largest exporter of Peat in the world. At the same year, Peat was the 464th most exported product in Norway. The main destination of Peat exports from Norway are: United States ($1.11M), Canada ($1.03M), United Kingdom ($790k), Sweden ($189k), and Finland ($119k).

The fastest growing export markets for Peat of Norway between 2022 and 2023 were Canada ($1.03M), United Kingdom ($159k), and Czechia ($13.7k).

Imports In 2023, Norway imported $6.32M in Peat, becoming the 39th largest importer of Peat in the world. At the same year, Peat was the 706th most imported product in Norway. Norway imports Peat primarily from: Sweden ($3.08M), Denmark ($883k), Finland ($667k), Estonia ($628k), and Netherlands ($487k).

The fastest growing import markets in Peat for Norway between 2022 and 2023 were Denmark ($201k), Canada ($80.4k), and Finland ($43k).

Latest Trends

Dec 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 Peat. 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 (2023)$3.34M
IMPORTS (2023)$6.32M
NET TRADE (2023)-$2.98M

In 2023, Norway exported $3.34M in Peat. The main destinations of Norway exports on Peat were United States ($1.11M), Canada ($1.03M), United Kingdom ($790k), Sweden ($189k), and Finland ($119k).

In 2023, Norway imported $6.32M in Peat, mainly from Sweden ($3.08M), Denmark ($883k), Finland ($667k), Estonia ($628k), and Netherlands ($487k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Norway WERE (2022 - 2023):
Canada$1.03M (1.78M%)
United Kingdom$159k (25.3%)
Czechia$13.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Norway WERE (2022 - 2023):
United States-$1.53M (-57.9%)
Sweden-$165k (-46.6%)
Japan-$62k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Norway's main exporting competitors in Peat were:
In 2023, Norway's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $332k
TOP IMPORT POTENTIALCanada+ $222k

Peat’s highest export potential is United States. With an export gap of $332k.   Peat’s highest import potential is Canada with an import gap of $222k.

See methodology.

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