2022
Exports
$8.56MWorld Rnk 47 / 184
Flag Rnk 346 / 1197
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$89.6MWorld Rnk 12 / 222
Flag Rnk 228 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $8.56M in Salt, making it the 47th largest exporter of Salt in the world. At the same year, Salt was the 346th most exported product in Norway. The main destination of Salt exports from Norway are: Iceland ($3.41M), Canada ($2.92M), Denmark ($1.53M), Sweden ($516k), and Finland ($50.9k).

The fastest growing export markets for Salt of Norway between 2021 and 2022 were Iceland ($362k), Canada ($306k), and Sweden ($152k).

Imports In 2022, Norway imported $89.6M in Salt, becoming the 12th largest importer of Salt in the world. At the same year, Salt was the 228th most imported product in Norway. Norway imports Salt primarily from: Netherlands ($44M), Tunisia ($16.9M), Germany ($9.83M), Spain ($5.13M), and United Kingdom ($3.69M).

The fastest growing import markets in Salt for Norway between 2021 and 2022 were Netherlands ($4.18M), Tunisia ($3.35M), and Germany ($1.66M).

Latest Trends

Jul 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 Salt. 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)$8.56M
IMPORTS (2022)$89.6M
NET TRADE (2022)-$81.1M

In 2022, Norway exported $8.56M in Salt. The main destinations of Norway exports on Salt were Iceland ($3.41M), Canada ($2.92M), Denmark ($1.53M), Sweden ($516k), and Finland ($50.9k).

In 2022, Norway imported $89.6M in Salt, mainly from Netherlands ($44M), Tunisia ($16.9M), Germany ($9.83M), Spain ($5.13M), and United Kingdom ($3.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Iceland$362k (11.9%)
Canada$306k (11.7%)
Sweden$152k (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Norway WERE (2021 - 2022):
Nigeria-$90.5k (-99.1%)
Germany-$32k (-48.3%)
Estonia-$10.3k (-95.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $259k
TOP IMPORT POTENTIALUnited States+ $510k

Salt’s highest export potential is Sweden. With an export gap of $259k.   Salt’s highest import potential is United States with an import gap of $510k.

See methodology.

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