2022
Exports
$16MWorld Rnk 77 / 221
Flag Rnk 276 / 1197
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$327MWorld Rnk 30 / 225
Flag Rnk 75 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $16M in Non-Knit Men's Suits, making it the 77th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 276th most exported product in Norway. The main destination of Non-Knit Men's Suits exports from Norway are: Sweden ($10.9M), Germany ($983k), Ukraine ($859k), Denmark ($674k), and Finland ($457k).

The fastest growing export markets for Non-Knit Men's Suits of Norway between 2021 and 2022 were Sweden ($7.19M), Ukraine ($859k), and Finland ($408k).

Imports In 2022, Norway imported $327M in Non-Knit Men's Suits, becoming the 30th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 75th most imported product in Norway. Norway imports Non-Knit Men's Suits primarily from: China ($59M), Sweden ($47.4M), Bangladesh ($40.1M), Germany ($23.9M), and Poland ($23.4M).

The fastest growing import markets in Non-Knit Men's Suits for Norway between 2021 and 2022 were China ($10.2M), Bangladesh ($6.18M), and Vietnam ($6.17M).

COMPANIES In 2023, leading companies such as POC Sports (8), David Peyser Sportswear (1), and Nike (1) were at the forefront of shipping Non-Knit Men's Suits 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 Non-Knit Men's Suits. 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)$16M
IMPORTS (2022)$327M
NET TRADE (2022)-$311M

In 2022, Norway exported $16M in Non-Knit Men's Suits. The main destinations of Norway exports on Non-Knit Men's Suits were Sweden ($10.9M), Germany ($983k), Ukraine ($859k), Denmark ($674k), and Finland ($457k).

In 2022, Norway imported $327M in Non-Knit Men's Suits, mainly from China ($59M), Sweden ($47.4M), Bangladesh ($40.1M), Germany ($23.9M), and Poland ($23.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Sweden$7.19M (195%)
Ukraine$859k (1%)
Finland$408k (825%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Norway WERE (2021 - 2022):
Germany-$6.96M (-87.6%)
Iceland-$344k (-63.3%)
Spain-$208k (-74.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.3M
TOP IMPORT POTENTIALBangladesh+ $24.2M

Non-Knit Men's Suits’s highest export potential is Germany. With an export gap of $1.3M.   Non-Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $24.2M.

See methodology.

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