2022
Exports
$10.9kWorld Rnk 114 / 154
Flag Rnk 1096 / 1197
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$3.97MWorld Rnk 81 / 212
Flag Rnk 803 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $10.9k in Coconut Oil, making it the 114th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 1096th most exported product in Norway. The main destination of Coconut Oil exports from Norway are: Canada ($4.09k), Sweden ($3.57k), United Kingdom ($1.7k), Netherlands ($869), and Germany ($579).

The fastest growing export markets for Coconut Oil of Norway between 2021 and 2022 were Canada ($4.09k), Germany ($579), and Netherlands ($343).

Imports In 2022, Norway imported $3.97M in Coconut Oil, becoming the 81st largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 803rd most imported product in Norway. Norway imports Coconut Oil primarily from: Sweden ($1.76M), Germany ($515k), Sri Lanka ($472k), Philippines ($436k), and Netherlands ($361k).

The fastest growing import markets in Coconut Oil for Norway between 2021 and 2022 were Philippines ($276k), Sweden ($225k), and Sri Lanka ($82.2k).

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 Coconut Oil. 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)$10.9k
IMPORTS (2022)$3.97M
NET TRADE (2022)-$3.96M

In 2022, Norway exported $10.9k in Coconut Oil. The main destinations of Norway exports on Coconut Oil were Canada ($4.09k), Sweden ($3.57k), United Kingdom ($1.7k), Netherlands ($869), and Germany ($579).

In 2022, Norway imported $3.97M in Coconut Oil, mainly from Sweden ($1.76M), Germany ($515k), Sri Lanka ($472k), Philippines ($436k), and Netherlands ($361k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Canada$4.09k (1%)
Germany$579 (1%)
Netherlands$343 (65.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Norway WERE (2021 - 2022):
Sweden-$217k (-98.4%)
United Kingdom-$1.62k (-48.8%)
Denmark-$221 (-74.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $8.57k
TOP IMPORT POTENTIALIndonesia+ $468k

Coconut Oil’s highest export potential is Sweden. With an export gap of $8.57k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $468k.

See methodology.

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