2022
Exports
$1.83BWorld Rnk 54 / 226
Flag Rnk 7 / 21
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.72Rnk 19 / 1025
2022
Imports
$4.16BWorld Rnk 47 / 226
Flag Rnk 9 / 21
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.83B in Plastics and Rubbers, making it the 54th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 7th most exported product in Norway. The main destination of Plastics and Rubbers exports from Norway are: Sweden ($543M), United States ($159M), United Kingdom ($121M), Germany ($102M), and Turkey ($77.2M).

The fastest growing export markets for Plastics and Rubbers of Norway between 2021 and 2022 were United States ($79.5M), Lithuania ($47.2M), and Germany ($37.2M).

Imports In 2022, Norway imported $4.16B in Plastics and Rubbers, becoming the 47th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 9th most imported product in Norway. Norway imports Plastics and Rubbers primarily from: Sweden ($866M), Germany ($644M), China ($291M), Finland ($276M), and Denmark ($269M).

The fastest growing import markets in Plastics and Rubbers for Norway between 2021 and 2022 were South Korea ($105M), Germany ($78.6M), and United States ($45.6M).

COMPANIES In 2023, leading companies such as QVC, INC (204), HYOSUNG USA, INC. (122), and SAILUN TIRE AMERICAS INC. (99) were at the forefront of shipping Plastics and Rubbers from Norway to the United States.

Latest Trends

Mar 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 Plastics and Rubbers. 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)$1.83B
IMPORTS (2022)$4.16B
NET TRADE (2022)-$2.33B

In 2022, Norway exported $1.83B in Plastics and Rubbers. The main destinations of Norway exports on Plastics and Rubbers were Sweden ($543M), United States ($159M), United Kingdom ($121M), Germany ($102M), and Turkey ($77.2M).

In 2022, Norway imported $4.16B in Plastics and Rubbers, mainly from Sweden ($866M), Germany ($644M), China ($291M), Finland ($276M), and Denmark ($269M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$79.5M (99.6%)
Lithuania$47.2M (526%)
Germany$37.2M (57.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Norway WERE (2021 - 2022):
Russia-$22.2M (-80.5%)
India-$20.5M (-38.6%)
Poland-$16.8M (-28.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Plastics and Rubbers were:
In 2022, Norway's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

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