2022
Exports
$926MWorld Rnk 37 / 221
Flag Rnk 17 / 96
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$1.75BWorld Rnk 22 / 226
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $926M in Wood, wood articles, & charcoal, making it the 37th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 17th most exported product in Norway. The main destination of Wood, wood articles, & charcoal exports from Norway are: Sweden ($405M), Germany ($109M), Denmark ($103M), United Kingdom ($68.2M), and Latvia ($60.5M).

The fastest growing export markets for Wood, wood articles, & charcoal of Norway between 2021 and 2022 were Latvia ($15.6M), Germany ($15.6M), and Sweden ($13.7M).

Imports In 2022, Norway imported $1.75B in Wood, wood articles, & charcoal, becoming the 22nd largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 13th most imported product in Norway. Norway imports Wood, wood articles, & charcoal primarily from: Sweden ($794M), Estonia ($149M), Poland ($136M), Latvia ($101M), and Finland ($94.7M).

The fastest growing import markets in Wood, wood articles, & charcoal for Norway between 2021 and 2022 were Indonesia ($10.8M), Poland ($10.4M), and Spain ($8.52M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (5) and ABB Motors and Mechanical (1) were at the forefront of shipping Wood, wood articles, & charcoal from Norway to the United States.

Latest Trends

Sep 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 Wood, wood articles, & charcoal. 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)$926M
IMPORTS (2022)$1.75B
NET TRADE (2022)-$824M

In 2022, Norway exported $926M in Wood, wood articles, & charcoal. The main destinations of Norway exports on Wood, wood articles, & charcoal were Sweden ($405M), Germany ($109M), Denmark ($103M), United Kingdom ($68.2M), and Latvia ($60.5M).

In 2022, Norway imported $1.75B in Wood, wood articles, & charcoal, mainly from Sweden ($794M), Estonia ($149M), Poland ($136M), Latvia ($101M), and Finland ($94.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Latvia$15.6M (34.8%)
Germany$15.6M (16.7%)
Sweden$13.7M (3.49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Norway WERE (2021 - 2022):
Denmark-$8.44M (-7.56%)
United Kingdom-$4.34M (-5.98%)
Belgium-$3.45M (-11.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Norway's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $25.2M
TOP IMPORT POTENTIALChina+ $22.7M

Wood, wood articles, & charcoal’s highest export potential is United Kingdom. With an export gap of $25.2M.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $22.7M.

See methodology.

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