Key Market Indicators
Norway's import and export of natural rubber is expected to see a modest decline and increase, respectively, over the next five years. This year, the country ranked 74th in imports with $587,000, lower than Armenia, which topped the list at $587,000. The top four importers include the United States, Malaysia, and Japan. Norway's export of natural rubber is expected to grow 3.3% annually to $229,000 by 2026, up from $189,000 this year. Costa Rica ranked first in exports. Indonesia, Ivory Coast, and Malaysia were the other top three exporters. Since 1998, Norway's supply has seen a 25.3% year-on-year increase.