2022
Exports
$441kWorld Rnk 64 / 142
Flag Rnk 739 / 1197
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$5.57MWorld Rnk 90 / 208
Flag Rnk 752 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $441k in Synthetic Fabrics, making it the 64th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 739th most exported product in Norway. The main destination of Synthetic Fabrics exports from Norway are: Denmark ($202k), Poland ($59.9k), Latvia ($33.7k), Estonia ($28.4k), and United Kingdom ($27k).

The fastest growing export markets for Synthetic Fabrics of Norway between 2021 and 2022 were Poland ($46.4k), Denmark ($42.9k), and United Kingdom ($23.5k).

Imports In 2022, Norway imported $5.57M in Synthetic Fabrics, becoming the 90th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 752nd most imported product in Norway. Norway imports Synthetic Fabrics primarily from: Sweden ($2.37M), Austria ($519k), France ($501k), China ($284k), and Germany ($261k).

The fastest growing import markets in Synthetic Fabrics for Norway between 2021 and 2022 were France ($207k), United Kingdom ($118k), and Belgium ($108k).

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 Synthetic Fabrics. 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)$441k
IMPORTS (2022)$5.57M
NET TRADE (2022)-$5.13M

In 2022, Norway exported $441k in Synthetic Fabrics. The main destinations of Norway exports on Synthetic Fabrics were Denmark ($202k), Poland ($59.9k), Latvia ($33.7k), Estonia ($28.4k), and United Kingdom ($27k).

In 2022, Norway imported $5.57M in Synthetic Fabrics, mainly from Sweden ($2.37M), Austria ($519k), France ($501k), China ($284k), and Germany ($261k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Poland$46.4k (344%)
Denmark$42.9k (26.9%)
United Kingdom$23.5k (673%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Norway WERE (2021 - 2022):
Germany-$11.9k (-62.4%)
Australia-$7.48k (-100%)
China-$4.2k (-53.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $29.4k
TOP IMPORT POTENTIALChina+ $323k

Synthetic Fabrics’s highest export potential is Poland. With an export gap of $29.4k.   Synthetic Fabrics’s highest import potential is China with an import gap of $323k.

See methodology.

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