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The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of Norway between 2021 and 2022 were United Kingdom ($6.14B), Finland ($4.32B), and Germany ($3.58B).

Imports In 2022, Norway imported $711M in Petroleum oils, oils from bituminous minerals, crude, becoming the 56th largest importer of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 14th most imported product in Norway. Norway imports Petroleum oils, oils from bituminous minerals, crude primarily from: United States ($415M), Libya ($124M), Azerbaijan ($64.3M), Brazil ($54M), and United Kingdom ($54M).

The fastest growing import markets in Petroleum oils, oils from bituminous minerals, crude for Norway between 2021 and 2022 were Libya ($124M), Azerbaijan ($64.3M), and Namibia ($32k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Petroleum oils, oils from bituminous minerals, crude. 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

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IMPORTS (2022)$711M

In 2022, Norway imported $711M in Petroleum oils, oils from bituminous minerals, crude, mainly from United States ($415M), Libya ($124M), Azerbaijan ($64.3M), Brazil ($54M), and United Kingdom ($54M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

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THE FASTEST GROWING Petroleum oils, oils from bituminous minerals, crude EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United Kingdom$6.14B (50.6%)
Finland$4.32B (590%)
Germany$3.58B (169%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum oils, oils from bituminous minerals, crude BY Norway WERE (2021 - 2022):
China-$3.37B (-52.5%)
India-$881M (-89.9%)
South Korea-$783M (-71%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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In 2022, Norway's main exporting competitors in Petroleum oils, oils from bituminous minerals, crude were:
In 2022, Norway's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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