2022
Exports | Imports
$82.4k | $20.4MWorld Rnk 108 / 152
Flag Rnk 945 / 1197
World Rnk 89 / 211
Flag Rnk 504 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.58Rnk 41 / 124
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.93Rnk 825 / 1025

About

Exports In 2022, Norway exported $82.4k in Seed Oils, making it the 108th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 945th most exported product in Norway. The main destination of Seed Oils exports from Norway are: Poland ($62.2k), Canada ($11.5k), China ($4.76k), Sweden ($1.5k), and Namibia ($1.15k).

The fastest growing export markets for Seed Oils of Norway between 2021 and 2022 were Poland ($21k), Canada ($11.5k), and China ($4.76k).

Imports In 2022, Norway imported $20.4M in Seed Oils, becoming the 89th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 504th most imported product in Norway. Norway imports Seed Oils primarily from: Netherlands ($4.26M), Sweden ($4.14M), Poland ($2.67M), Germany ($2.17M), and Ukraine ($1.53M).

The fastest growing import markets in Seed Oils for Norway between 2021 and 2022 were Poland ($1.51M), Netherlands ($815k), and Hungary ($461k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Seed Oils from Norway to the United States.

Latest Trends

Feb 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 Seed Oils. 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)$82.4k
IMPORTS (2022)$20.4M
NET TRADE (2022)-$20.3M

In 2022, Norway exported $82.4k in Seed Oils. The main destinations of Norway exports on Seed Oils were Poland ($62.2k), Canada ($11.5k), China ($4.76k), Sweden ($1.5k), and Namibia ($1.15k).

In 2022, Norway imported $20.4M in Seed Oils, mainly from Netherlands ($4.26M), Sweden ($4.14M), Poland ($2.67M), Germany ($2.17M), and Ukraine ($1.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$21k (51%)
Canada$11.5k (1%)
China$4.76k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Norway WERE (2021 - 2022):
Hungary-$34.5k (-100%)
Switzerland-$127 (-100%)
Denmark-$62 (-78.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Norway's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

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