Inedible Fats and Oils in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $48.6M in Inedible Fats and Oils, making it the 27th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 370th most exported product in Sweden. The main destination of Inedible Fats and Oils exports from Sweden are: Spain ($24.5M), Norway ($8.78M), Netherlands ($5.64M), Belgium ($4.97M), and Germany ($1.92M).

The fastest growing export markets for Inedible Fats and Oils of Sweden between 2021 and 2022 were Spain ($19.3M), Norway ($5.92M), and Belgium ($4.14M).

Imports In 2022, Sweden imported $201M in Inedible Fats and Oils, becoming the 13th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 186th most imported product in Sweden. Sweden imports Inedible Fats and Oils primarily from: Netherlands ($95M), Spain ($44.6M), Norway ($16.4M), France ($15.8M), and Denmark ($6.79M).

The fastest growing import markets in Inedible Fats and Oils for Sweden between 2021 and 2022 were Netherlands ($64.6M), Spain ($41.2M), and Norway ($12.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Inedible Fats and Oils from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Inedible Fats and Oils exports accounted up to SEK7.39M and imports accounted up to SEK199M, resulting in a negative trade balance of SEK191M. Between December 2022 and December 2023 the exports of Sweden's Inedible Fats and Oils have decreased by SEK-3.79M (-33.9%) from SEK11.2M to SEK7.39M, while imports increased by SEK63.7M (47.1%) from SEK135M to SEK199M.

Destinations In December 2023, Inedible Fats and Oils were exported mostly to Belgium (SEK3.4M), Norway (SEK2.91M), Germany (SEK579k), Lithuania (SEK399k), and Finland (SEK47k), and were imported mostly from Netherlands (SEK70.1M), Malaysia (SEK48.5M), Spain (SEK29.7M), United Kingdom (SEK23.6M), and Norway (SEK13M).

Growth In December 2023, the decrease in Inedible Fats and Oils's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-3.26M or -43.5%), Denmark (SEK-393k or -80%), and United Kingdom (SEK-102k or -88.7%). In December 2023, the increase in Inedible Fats and Oils's year-by-year imports was explained primarily by an increase in imports from Spain (SEK104M or 550k%), Norway (SEK11.4M or 383%), and United Kingdom (SEK120k or 111%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-3.79M(-33.9%)

IMPORT GROWTH (December 2022 - December 2023)SEK63.7M(47.1%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)BelgiumSEK3.4M

This section shows Inedible Fats and Oils's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Inedible Fats and Oils over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$48.6M

IMPORTS (2022)$201M

NET TRADE (2022)-$153M

In 2022, Sweden exported $48.6M in Inedible Fats and Oils. The main destinations of Sweden exports on Inedible Fats and Oils were Spain ($24.5M), Norway ($8.78M), Netherlands ($5.64M), Belgium ($4.97M), and Germany ($1.92M).

In 2022, Sweden imported $201M in Inedible Fats and Oils, mainly from Netherlands ($95M), Spain ($44.6M), Norway ($16.4M), France ($15.8M), and Denmark ($6.79M).

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