2022
Exports
$587MWorld Rnk 45 / 225
Flag Rnk 25 / 96
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$3.34BWorld Rnk 21 / 225
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $587M in Furniture, bedding, lamps, & prefab buildings, making it the 45th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 25th most exported product in Norway. The main destination of Furniture, bedding, lamps, & prefab buildings exports from Norway are: Sweden ($120M), Germany ($83.1M), Denmark ($79.2M), United States ($74.7M), and United Kingdom ($36M).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of Norway between 2021 and 2022 were Vietnam ($6.43M), Cyprus ($5.44M), and China ($3.55M).

Imports In 2022, Norway imported $3.34B in Furniture, bedding, lamps, & prefab buildings, becoming the 21st largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 7th most imported product in Norway. Norway imports Furniture, bedding, lamps, & prefab buildings primarily from: Sweden ($780M), China ($556M), Denmark ($519M), Lithuania ($361M), and Poland ($250M).

The fastest growing import markets in Furniture, bedding, lamps, & prefab buildings for Norway between 2021 and 2022 were Estonia ($9.59M), Poland ($4.04M), and Finland ($3.55M).

COMPANIES In 2023, leading companies such as Costco Wholesale (108), CITY Furniture (56), and Tmall (50) were at the forefront of shipping Furniture, bedding, lamps, & prefab buildings from Norway to the United States.

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 Furniture, bedding, lamps, & prefab buildings. 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)$587M
IMPORTS (2022)$3.34B
NET TRADE (2022)-$2.76B

In 2022, Norway exported $587M in Furniture, bedding, lamps, & prefab buildings. The main destinations of Norway exports on Furniture, bedding, lamps, & prefab buildings were Sweden ($120M), Germany ($83.1M), Denmark ($79.2M), United States ($74.7M), and United Kingdom ($36M).

In 2022, Norway imported $3.34B in Furniture, bedding, lamps, & prefab buildings, mainly from Sweden ($780M), China ($556M), Denmark ($519M), Lithuania ($361M), and Poland ($250M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Vietnam$6.43M (527%)
Cyprus$5.44M (2.15k%)
China$3.55M (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY Norway WERE (2021 - 2022):
Sweden-$12.3M (-9.25%)
United States-$11.2M (-13%)
Germany-$8.91M (-9.68%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, Norway's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $53.2M
TOP IMPORT POTENTIALChina+ $162M

Furniture, bedding, lamps, & prefab buildings’s highest export potential is United States. With an export gap of $53.2M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is China with an import gap of $162M.

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