2022
Exports
$605kWorld Rnk 63 / 146
Flag Rnk 704 / 1197
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics
-0.22Rnk 620 / 1025
2022
Imports
$3.42MWorld Rnk 107 / 198
Flag Rnk 826 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $605k in Other Synthetic Fabrics, making it the 63rd largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 704th most exported product in Norway. The main destination of Other Synthetic Fabrics exports from Norway are: Latvia ($190k), Denmark ($119k), Lithuania ($53.1k), Germany ($37.8k), and Iceland ($35.7k).

The fastest growing export markets for Other Synthetic Fabrics of Norway between 2021 and 2022 were Latvia ($130k), Iceland ($35.7k), and Sweden ($20.3k).

Imports In 2022, Norway imported $3.42M in Other Synthetic Fabrics, becoming the 107th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 826th most imported product in Norway. Norway imports Other Synthetic Fabrics primarily from: Netherlands ($1.01M), China ($742k), Germany ($484k), Italy ($261k), and Poland ($216k).

The fastest growing import markets in Other Synthetic Fabrics for Norway between 2021 and 2022 were Netherlands ($733k), Germany ($205k), and Italy ($92.1k).

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 Other Synthetic Fabrics. 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)$605k
IMPORTS (2022)$3.42M
NET TRADE (2022)-$2.82M

In 2022, Norway exported $605k in Other Synthetic Fabrics. The main destinations of Norway exports on Other Synthetic Fabrics were Latvia ($190k), Denmark ($119k), Lithuania ($53.1k), Germany ($37.8k), and Iceland ($35.7k).

In 2022, Norway imported $3.42M in Other Synthetic Fabrics, mainly from Netherlands ($1.01M), China ($742k), Germany ($484k), Italy ($261k), and Poland ($216k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Latvia$130k (218%)
Iceland$35.7k (1%)
Sweden$20.3k (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Synthetic Fabrics BY Norway WERE (2021 - 2022):
Lithuania-$31.4k (-37.1%)
Australia-$25k (-60.8%)
Germany-$17.6k (-31.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Other Synthetic Fabrics were:
China $1.73B
India $400M
In 2022, Norway's main importing competitors in Other Synthetic Fabrics were:

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $43.8k
TOP IMPORT POTENTIALChina+ $583k

Other Synthetic Fabrics’s highest export potential is Germany. With an export gap of $43.8k.   Other Synthetic Fabrics’s highest import potential is China with an import gap of $583k.

See methodology.

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