2022
Exports
$4.42MWorld Rnk 79 / 207
Flag Rnk 416 / 1197
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$60.3MWorld Rnk 46 / 221
Flag Rnk 305 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.42M in Knit Men's Suits, making it the 79th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 416th most exported product in Norway. The main destination of Knit Men's Suits exports from Norway are: Sweden ($1.39M), Denmark ($909k), China ($590k), Luxembourg ($180k), and United States ($176k).

The fastest growing export markets for Knit Men's Suits of Norway between 2021 and 2022 were China ($512k), Denmark ($459k), and Sweden ($403k).

Imports In 2022, Norway imported $60.3M in Knit Men's Suits, becoming the 46th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 305th most imported product in Norway. Norway imports Knit Men's Suits primarily from: China ($19.9M), Bangladesh ($8.31M), Denmark ($8.17M), Sweden ($6.31M), and Cambodia ($2.51M).

The fastest growing import markets in Knit Men's Suits for Norway between 2021 and 2022 were China ($5.53M), Denmark ($2.82M), and Bangladesh ($1.81M).

COMPANIES In 2023, leading companies such as Helly Hansen (24) and REI (Recreational Equipment Incorporated) (1) were at the forefront of shipping Knit Men's Suits from Norway to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Men's Suits. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$4.42M
IMPORTS (2022)$60.3M
NET TRADE (2022)-$55.9M

In 2022, Norway exported $4.42M in Knit Men's Suits. The main destinations of Norway exports on Knit Men's Suits were Sweden ($1.39M), Denmark ($909k), China ($590k), Luxembourg ($180k), and United States ($176k).

In 2022, Norway imported $60.3M in Knit Men's Suits, mainly from China ($19.9M), Bangladesh ($8.31M), Denmark ($8.17M), Sweden ($6.31M), and Cambodia ($2.51M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Norway WERE (2021 - 2022):
China$512k (658%)
Denmark$459k (102%)
Sweden$403k (40.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Norway WERE (2021 - 2022):
Germany-$109k (-40%)
Russia-$96.5k (-86.2%)
Czechia-$38.6k (-48.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $402k
TOP IMPORT POTENTIALBangladesh+ $3.99M

Knit Men's Suits’s highest export potential is United States. With an export gap of $402k.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $3.99M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with