2022
Exports
$73.6kWorld Rnk 90 / 131
Flag Rnk 953 / 1197
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$1.08MWorld Rnk 87 / 192
Flag Rnk 976 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $73.6k in Rubber, making it the 90th largest exporter of Rubber in the world. At the same year, Rubber was the 953rd most exported product in Norway. The main destination of Rubber exports from Norway are: Sweden ($13.8k), Brazil ($10.5k), Finland ($9.22k), Hungary ($8.88k), and Turkey ($7.61k).

The fastest growing export markets for Rubber of Norway between 2021 and 2022 were Brazil ($10.5k), Finland ($9.22k), and Turkey ($7.61k).

Imports In 2022, Norway imported $1.08M in Rubber, becoming the 87th largest importer of Rubber in the world. At the same year, Rubber was the 976th most imported product in Norway. Norway imports Rubber primarily from: Sweden ($330k), Denmark ($178k), Malaysia ($143k), India ($108k), and United States ($73.7k).

The fastest growing import markets in Rubber for Norway between 2021 and 2022 were Sweden ($163k), India ($105k), and Denmark ($38.1k).

Latest Trends

Nov 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 Rubber. 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)$73.6k
IMPORTS (2022)$1.08M
NET TRADE (2022)-$1M

In 2022, Norway exported $73.6k in Rubber. The main destinations of Norway exports on Rubber were Sweden ($13.8k), Brazil ($10.5k), Finland ($9.22k), Hungary ($8.88k), and Turkey ($7.61k).

In 2022, Norway imported $1.08M in Rubber, mainly from Sweden ($330k), Denmark ($178k), Malaysia ($143k), India ($108k), and United States ($73.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Brazil$10.5k (1%)
Finland$9.22k (1%)
Turkey$7.61k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Norway WERE (2021 - 2022):
Malaysia-$61.6k (-100%)
China-$24.3k (-100%)
Latvia-$21.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.8k
TOP IMPORT POTENTIALMalaysia+ $127k

Rubber’s highest export potential is United States. With an export gap of $18.8k.   Rubber’s highest import potential is Malaysia with an import gap of $127k.

See methodology.

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