2022
Exports
$113kWorld Rnk 72 / 174
Flag Rnk 915 / 1197
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$15.4MWorld Rnk 41 / 218
Flag Rnk 550 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $113k in Umbrellas, making it the 72nd largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 915th most exported product in Norway. The main destination of Umbrellas exports from Norway are: Sweden ($36.1k), Iceland ($17k), France ($14.8k), Netherlands ($13.2k), and Germany ($9.84k).

The fastest growing export markets for Umbrellas of Norway between 2021 and 2022 were France ($13.8k), Spain ($2.87k), and United States ($2.62k).

Imports In 2022, Norway imported $15.4M in Umbrellas, becoming the 41st largest importer of Umbrellas in the world. At the same year, Umbrellas was the 550th most imported product in Norway. Norway imports Umbrellas primarily from: China ($9.39M), Sweden ($2.05M), Denmark ($1.13M), Germany ($359k), and Poland ($274k).

The fastest growing import markets in Umbrellas for Norway between 2021 and 2022 were China ($680k), Sweden ($234k), and Switzerland ($140k).

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 Umbrellas. 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)$113k
IMPORTS (2022)$15.4M
NET TRADE (2022)-$15.3M

In 2022, Norway exported $113k in Umbrellas. The main destinations of Norway exports on Umbrellas were Sweden ($36.1k), Iceland ($17k), France ($14.8k), Netherlands ($13.2k), and Germany ($9.84k).

In 2022, Norway imported $15.4M in Umbrellas, mainly from China ($9.39M), Sweden ($2.05M), Denmark ($1.13M), Germany ($359k), and Poland ($274k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Norway WERE (2021 - 2022):
France$13.8k (1.39k%)
Spain$2.87k (121%)
United States$2.62k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Norway WERE (2021 - 2022):
Denmark-$31.7k (-78.7%)
Sweden-$16.7k (-31.6%)
Iceland-$10.9k (-39.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $16.2k
TOP IMPORT POTENTIALChina+ $924k

Umbrellas’s highest export potential is Germany. With an export gap of $16.2k.   Umbrellas’s highest import potential is China with an import gap of $924k.

See methodology.

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