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2022
Exports $154BWorld Rnk 1 / 160
Flag Rnk 1 / 1197
2022
Destination $37B Germany
2021 - 2022
FASTEST GROWING MARKET $37BGermany
2022
PRODUCT COMPLEXITY IN Petroleum Gas-1.98Rnk 1000 / 1025
2022
Imports $262MWorld Rnk 75 / 222
Flag Rnk 92 / 1211
2022
Origin $14.9M Sweden
2021 - 2022
FASTEST GROWING ORIGIN $14.9MSweden
2022
ECONOMIC COMPLEXITY of Norway0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $154B in Petroleum Gas, making it the 1st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 1st most exported product in Norway. The main destination of Petroleum Gas exports from Norway are: Germany ($65.7B), United Kingdom ($35.5B), France ($22.4B), Belgium ($18.8B), and Italy ($5.78B).

The fastest growing export markets for Petroleum Gas of Norway between 2021 and 2022 were Germany ($37B), United Kingdom ($15.6B), and France ($15.5B).

Imports In 2022, Norway imported $262M in Petroleum Gas, becoming the 75th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 92nd most imported product in Norway. Norway imports Petroleum Gas primarily from: Sweden ($112M), United States ($75.7M), United Kingdom ($28.5M), Russia ($23.4M), and Netherlands ($11M).

The fastest growing import markets in Petroleum Gas for Norway between 2021 and 2022 were Sweden ($14.9M), Netherlands ($4.8M), and Spain ($2.03M).

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 Petroleum Gas. 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)$154B
IMPORTS (2022)$262M
NET TRADE (2022)$154B

In 2022, Norway exported $154B in Petroleum Gas. The main destinations of Norway exports on Petroleum Gas were Germany ($65.7B), United Kingdom ($35.5B), France ($22.4B), Belgium ($18.8B), and Italy ($5.78B).

In 2022, Norway imported $262M in Petroleum Gas, mainly from Sweden ($112M), United States ($75.7M), United Kingdom ($28.5M), Russia ($23.4M), and Netherlands ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$37B (129%)
United Kingdom$15.6B (78.5%)
France$15.5B (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Norway WERE (2021 - 2022):
Netherlands-$155M (-20.8%)
Turkey-$128M (-80.8%)
Portugal-$8.06M (-27%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Petroleum Gas were:
United States $116B
Russia $71.5B
In 2022, Norway's main importing competitors in Petroleum Gas were:
Germany $98B
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.17B
TOP IMPORT POTENTIALRussia+ $46M

Petroleum Gas’s highest export potential is Netherlands. With an export gap of $1.17B.   Petroleum Gas’s highest import potential is Russia with an import gap of $46M.

See methodology.

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