2022
Exports
$554kWorld Rnk 61 / 123
Flag Rnk 716 / 1197
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$12.7MWorld Rnk 53 / 197
Flag Rnk 591 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $554k in Petroleum Resins, making it the 61st largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 716th most exported product in Norway. The main destination of Petroleum Resins exports from Norway are: Turkey ($178k), Denmark ($105k), United Kingdom ($78.4k), Germany ($65.5k), and Sweden ($54k).

The fastest growing export markets for Petroleum Resins of Norway between 2021 and 2022 were Turkey ($93.2k), Denmark ($91.3k), and United Kingdom ($74.9k).

Imports In 2022, Norway imported $12.7M in Petroleum Resins, becoming the 53rd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 591st most imported product in Norway. Norway imports Petroleum Resins primarily from: Spain ($2.59M), Germany ($2.45M), United Kingdom ($2.16M), Belgium ($1.06M), and Netherlands ($866k).

The fastest growing import markets in Petroleum Resins for Norway between 2021 and 2022 were France ($318k), United Kingdom ($255k), and Spain ($251k).

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 Petroleum Resins. 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)$554k
IMPORTS (2022)$12.7M
NET TRADE (2022)-$12.1M

In 2022, Norway exported $554k in Petroleum Resins. The main destinations of Norway exports on Petroleum Resins were Turkey ($178k), Denmark ($105k), United Kingdom ($78.4k), Germany ($65.5k), and Sweden ($54k).

In 2022, Norway imported $12.7M in Petroleum Resins, mainly from Spain ($2.59M), Germany ($2.45M), United Kingdom ($2.16M), Belgium ($1.06M), and Netherlands ($866k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Turkey$93.2k (109%)
Denmark$91.3k (687%)
United Kingdom$74.9k (2.11k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Norway WERE (2021 - 2022):
Russia-$616k (-100%)
Sweden-$46.2k (-46.1%)
Australia-$11.6k (-98.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $87.2k
TOP IMPORT POTENTIALGermany+ $1.01M

Petroleum Resins’s highest export potential is Germany. With an export gap of $87.2k.   Petroleum Resins’s highest import potential is Germany with an import gap of $1.01M.

See methodology.

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