2022
Exports
$70.3MWorld Rnk 25 / 157
Flag Rnk 140 / 1197
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$37.6MWorld Rnk 47 / 215
Flag Rnk 385 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $70.3M in Unpackaged Medicaments, making it the 25th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 140th most exported product in Norway. The main destination of Unpackaged Medicaments exports from Norway are: Japan ($51.6M), South Korea ($9.87M), China ($7.09M), Denmark ($666k), and Italy ($429k).

The fastest growing export markets for Unpackaged Medicaments of Norway between 2021 and 2022 were Japan ($10.2M), France ($224k), and Namibia ($30.7k).

Imports In 2022, Norway imported $37.6M in Unpackaged Medicaments, becoming the 47th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 385th most imported product in Norway. Norway imports Unpackaged Medicaments primarily from: Denmark ($14.8M), Poland ($7.19M), United States ($6.81M), Sweden ($4.95M), and Spain ($2.03M).

The fastest growing import markets in Unpackaged Medicaments for Norway between 2021 and 2022 were Denmark ($6.38M), Sweden ($2.38M), and Poland ($918k).

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 Unpackaged Medicaments. 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)$70.3M
IMPORTS (2022)$37.6M
NET TRADE (2022)$32.7M

In 2022, Norway exported $70.3M in Unpackaged Medicaments. The main destinations of Norway exports on Unpackaged Medicaments were Japan ($51.6M), South Korea ($9.87M), China ($7.09M), Denmark ($666k), and Italy ($429k).

In 2022, Norway imported $37.6M in Unpackaged Medicaments, mainly from Denmark ($14.8M), Poland ($7.19M), United States ($6.81M), Sweden ($4.95M), and Spain ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Japan$10.2M (24.5%)
France$224k (23.2k%)
Namibia$30.7k (229%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Norway WERE (2021 - 2022):
Denmark-$4.23M (-86.4%)
South Korea-$3.99M (-28.8%)
China-$1.88M (-21%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Unpackaged Medicaments were:
In 2022, Norway's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.94M
TOP IMPORT POTENTIALUnited States+ $1.17M

Unpackaged Medicaments’s highest export potential is China. With an export gap of $1.94M.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $1.17M.

See methodology.

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