2022
Exports
$1.73BWorld Rnk 50 / 226
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$3.27BWorld Rnk 49 / 226
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $1.73B in Plastics & articles thereof, making it the 50th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 12th most exported product in Norway. The main destination of Plastics & articles thereof exports from Norway are: Sweden ($528M), United States ($151M), United Kingdom ($110M), Germany ($98.3M), and Turkey ($73.7M).

The fastest growing export markets for Plastics & articles thereof of Norway between 2021 and 2022 were United States ($87.9M), Lithuania ($47.4M), and Germany ($36.7M).

Imports In 2022, Norway imported $3.27B in Plastics & articles thereof, becoming the 49th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 8th most imported product in Norway. Norway imports Plastics & articles thereof primarily from: Sweden ($735M), Germany ($529M), Denmark ($246M), China ($195M), and Netherlands ($191M).

The fastest growing import markets in Plastics & articles thereof for Norway between 2021 and 2022 were South Korea ($103M), Germany ($77.2M), and United States ($44.4M).

COMPANIES In 2023, leading companies such as QVC Inc (203), Lollicup (47), and Cali Bamboo Flooring (13) were at the forefront of shipping Plastics & articles thereof from Norway to the United States.

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 Plastics & articles thereof. 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)$1.73B
IMPORTS (2022)$3.27B
NET TRADE (2022)-$1.54B

In 2022, Norway exported $1.73B in Plastics & articles thereof. The main destinations of Norway exports on Plastics & articles thereof were Sweden ($528M), United States ($151M), United Kingdom ($110M), Germany ($98.3M), and Turkey ($73.7M).

In 2022, Norway imported $3.27B in Plastics & articles thereof, mainly from Sweden ($735M), Germany ($529M), Denmark ($246M), China ($195M), and Netherlands ($191M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Norway WERE (2021 - 2022):
United States$87.9M (140%)
Lithuania$47.4M (574%)
Germany$36.7M (59.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Norway WERE (2021 - 2022):
Russia-$22M (-85.7%)
India-$20.7M (-39.1%)
Poland-$17.3M (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Plastics & articles thereof were:
In 2022, Norway's main importing competitors in Plastics & articles thereof were:

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $60.7M
TOP IMPORT POTENTIALChina+ $131M

Plastics & articles thereof’s highest export potential is Germany. With an export gap of $60.7M.   Plastics & articles thereof’s highest import potential is China with an import gap of $131M.

See methodology.

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