2022
Exports
$153MWorld Rnk 51 / 220
Flag Rnk 73 / 1197
2022
PRODUCT COMPLEXITY IN Plastic Lids
-0.17Rnk 606 / 1025
2022
Imports
$508MWorld Rnk 30 / 225
Flag Rnk 41 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $153M in Plastic Lids, making it the 51st largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 73rd most exported product in Norway. The main destination of Plastic Lids exports from Norway are: Sweden ($47.6M), United Kingdom ($23.9M), Denmark ($16.1M), France ($7.14M), and Switzerland ($6.99M).

The fastest growing export markets for Plastic Lids of Norway between 2021 and 2022 were Netherlands ($3.54M), Switzerland ($2.63M), and United Kingdom ($2.43M).

Imports In 2022, Norway imported $508M in Plastic Lids, becoming the 30th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 41st most imported product in Norway. Norway imports Plastic Lids primarily from: Sweden ($186M), Denmark ($55M), Germany ($47.5M), China ($35.8M), and Netherlands ($32.8M).

The fastest growing import markets in Plastic Lids for Norway between 2021 and 2022 were China ($6.37M), Germany ($5.29M), and Lithuania ($4.42M).

COMPANIES In 2023, leading companies such as TE Connectivity (2) were at the forefront of shipping Plastic Lids from Norway to the United States.

Latest Trends

Sep 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 Plastic Lids. 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)$153M
IMPORTS (2022)$508M
NET TRADE (2022)-$355M

In 2022, Norway exported $153M in Plastic Lids. The main destinations of Norway exports on Plastic Lids were Sweden ($47.6M), United Kingdom ($23.9M), Denmark ($16.1M), France ($7.14M), and Switzerland ($6.99M).

In 2022, Norway imported $508M in Plastic Lids, mainly from Sweden ($186M), Denmark ($55M), Germany ($47.5M), China ($35.8M), and Netherlands ($32.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Lids EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Netherlands$3.54M (257%)
Switzerland$2.63M (60.3%)
United Kingdom$2.43M (11.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Lids BY Norway WERE (2021 - 2022):
Sweden-$14.6M (-23.5%)
Bangladesh-$4.99M (-100%)
Russia-$2.49M (-84.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Plastic Lids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.76M
TOP IMPORT POTENTIALChina+ $23.7M

Plastic Lids’s highest export potential is Germany. With an export gap of $6.76M.   Plastic Lids’s highest import potential is China with an import gap of $23.7M.

See methodology.

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