2022
Exports
$20MWorld Rnk 79 / 221
Flag Rnk 257 / 1197
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$454MWorld Rnk 29 / 218
Flag Rnk 51 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $20M in Knit Sweaters, making it the 79th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 257th most exported product in Norway. The main destination of Knit Sweaters exports from Norway are: Sweden ($10.3M), Germany ($2.32M), United States ($1.45M), Denmark ($1.01M), and France ($660k).

The fastest growing export markets for Knit Sweaters of Norway between 2021 and 2022 were Sweden ($2.98M), United States ($438k), and Poland ($371k).

Imports In 2022, Norway imported $454M in Knit Sweaters, becoming the 29th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 51st most imported product in Norway. Norway imports Knit Sweaters primarily from: China ($143M), Bangladesh ($78.5M), Sweden ($66.8M), Denmark ($36.9M), and Poland ($18.6M).

The fastest growing import markets in Knit Sweaters for Norway between 2021 and 2022 were China ($31.8M), Bangladesh ($10.2M), and Sweden ($3.35M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (3), Helly Hansen (2), and Guess Clothing (1) were at the forefront of shipping Knit Sweaters 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 Knit Sweaters. 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)$20M
IMPORTS (2022)$454M
NET TRADE (2022)-$434M

In 2022, Norway exported $20M in Knit Sweaters. The main destinations of Norway exports on Knit Sweaters were Sweden ($10.3M), Germany ($2.32M), United States ($1.45M), Denmark ($1.01M), and France ($660k).

In 2022, Norway imported $454M in Knit Sweaters, mainly from China ($143M), Bangladesh ($78.5M), Sweden ($66.8M), Denmark ($36.9M), and Poland ($18.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$2.98M (41%)
United States$438k (43.3%)
Poland$371k (548%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Norway WERE (2021 - 2022):
Germany-$5.12M (-68.8%)
Iceland-$582k (-70%)
United Kingdom-$315k (-45.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.63M
TOP IMPORT POTENTIALBangladesh+ $26M

Knit Sweaters’s highest export potential is United States. With an export gap of $2.63M.   Knit Sweaters’s highest import potential is Bangladesh with an import gap of $26M.

See methodology.

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