2022
Exports
$1.91MWorld Rnk 30 / 105
Flag Rnk 558 / 1197
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$6.95MWorld Rnk 37 / 195
Flag Rnk 708 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.91M in Peat, making it the 30th largest exporter of Peat in the world. At the same year, Peat was the 558th most exported product in Norway. The main destination of Peat exports from Norway are: United States ($996k), Sweden ($382k), United Kingdom ($257k), Finland ($95.8k), and Japan ($62k).

The fastest growing export markets for Peat of Norway between 2021 and 2022 were United States ($939k), United Kingdom ($255k), and Finland ($95.5k).

Imports In 2018, Norway imported $6.95M in Peat, becoming the 37th largest importer of Peat in the world. At the same year, Peat was the 708th most imported product in Norway. Norway imports Peat primarily from: Sweden ($3.88M), Estonia ($717k), Netherlands ($659k), Denmark ($647k), and Finland ($547k).

The fastest growing import markets in Peat for Norway between 2021 and 2022 were Netherlands ($198k), Canada ($83.5k), and Denmark ($70.5k).

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 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 (2022)$1.91M
IMPORTS (2022)$6.95M
NET TRADE (2022)-$5.04M

In 2022, Norway exported $1.91M in Peat. The main destinations of Norway exports on Peat were United States ($996k), Sweden ($382k), United Kingdom ($257k), Finland ($95.8k), and Japan ($62k).

In 2022, Norway imported $6.95M in Peat, mainly from Sweden ($3.88M), Estonia ($717k), Netherlands ($659k), Denmark ($647k), and Finland ($547k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$939k (1.66k%)
United Kingdom$255k (10.8k%)
Finland$95.5k (32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Norway WERE (2021 - 2022):
Canada-$51.5k (-99.9%)
Malaysia-$27.1k (-49.4%)
Czechia-$11.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Peat were:
In 2022, 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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