2022
Exports
$2.17MWorld Rnk 48 / 144
Flag Rnk 536 / 1197
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$8.4MWorld Rnk 56 / 203
Flag Rnk 678 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $2.17M in Waxes, making it the 48th largest exporter of Waxes in the world. At the same year, Waxes was the 536th most exported product in Norway. The main destination of Waxes exports from Norway are: United States ($294k), Canada ($286k), Germany ($275k), Czechia ($240k), and Netherlands ($207k).

The fastest growing export markets for Waxes of Norway between 2021 and 2022 were Netherlands ($202k), United States ($94.1k), and Iceland ($78.2k).

Imports In 2022, Norway imported $8.4M in Waxes, becoming the 56th largest importer of Waxes in the world. At the same year, Waxes was the 678th most imported product in Norway. Norway imports Waxes primarily from: China ($1.52M), Germany ($1.4M), Netherlands ($994k), Switzerland ($678k), and Poland ($537k).

The fastest growing import markets in Waxes for Norway between 2021 and 2022 were Switzerland ($624k), China ($514k), and Malaysia ($333k).

Latest Trends

Oct 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 Waxes. 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)$2.17M
IMPORTS (2022)$8.4M
NET TRADE (2022)-$6.22M

In 2022, Norway exported $2.17M in Waxes. The main destinations of Norway exports on Waxes were United States ($294k), Canada ($286k), Germany ($275k), Czechia ($240k), and Netherlands ($207k).

In 2022, Norway imported $8.4M in Waxes, mainly from China ($1.52M), Germany ($1.4M), Netherlands ($994k), Switzerland ($678k), and Poland ($537k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$202k (3.93k%)
United States$94.1k (47%)
Iceland$78.2k (92.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Norway WERE (2021 - 2022):
Russia-$276k (-89.9%)
China-$139k (-72.2%)
Finland-$96.1k (-78.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $245k
TOP IMPORT POTENTIALGermany+ $662k

Waxes’s highest export potential is United States. With an export gap of $245k.   Waxes’s highest import potential is Germany with an import gap of $662k.

See methodology.

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