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2022
Exports $4.5MWorld Rnk 7 / 72
Flag Rnk 775 / 1212
2022
Destination $1.3M Norway
2021 - 2022
FASTEST GROWING MARKET $1.3MNorway
2022
Imports $96.7MWorld Rnk 1 / 147
Flag Rnk 337 / 1213
2022
Origin $23.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $23.3MUnited States
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $4.5M in Wood Tar, Oils and Pitch, making it the 7th largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 775th most exported product in Sweden. The main destination of Wood Tar, Oils and Pitch exports from Sweden are: Norway ($2.04M), Finland ($1.17M), Netherlands ($207k), Denmark ($145k), and United States ($117k).

The fastest growing export markets for Wood Tar, Oils and Pitch of Sweden between 2021 and 2022 were Norway ($1.3M), Finland ($977k), and France ($57.6k).

Imports In 2022, Sweden imported $96.7M in Wood Tar, Oils and Pitch, becoming the 1st largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 337th most imported product in Sweden. Sweden imports Wood Tar, Oils and Pitch primarily from: United States ($44.6M), Finland ($24M), Netherlands ($20.3M), France ($5.37M), and Denmark ($1.18M).

The fastest growing import markets in Wood Tar, Oils and Pitch for Sweden between 2021 and 2022 were United States ($23.3M), Finland ($6.51M), and Netherlands ($1.34M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Wood Tar, Oils and Pitch exports accounted up to SEK41.2M and imports accounted up to SEK77.1M, resulting in a negative trade balance of SEK35.9M. Between May 2023 and May 2024 the exports of Sweden's   Wood Tar, Oils and Pitch have increased by SEK20.5M (99%) from SEK20.7M to SEK41.2M, while imports increased by SEK32.3M (72.3%) from SEK44.8M to SEK77.1M.

Destinations In May 2024, Wood Tar, Oils and Pitch were exported mostly to Finland (SEK27.8M), Norway (SEK10.3M), United States (SEK779k), Lithuania (SEK460k), and United Kingdom (SEK455k), and were imported mostly from Finland (SEK37.5M), France (SEK29.7M), Netherlands (SEK8.17M), China (SEK1.45M), and Germany (SEK327k).

Growth In May 2024, the increase in Wood Tar, Oils and Pitch's year-by-year exports was explained primarily by an increase in exports to Finland (SEK168k or 3.36k%), Ireland (SEK38k or 62.3%), and Lithuania (SEK15k or 39.5%). In May 2024, the increase in Wood Tar, Oils and Pitch's year-by-year imports was explained primarily by an increase in imports from Finland (SEK10.7M or 323%), United States (SEK7.79M or 27.3%), and Netherlands (SEK6.01M or 147%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK20.5M(99%)
IMPORT GROWTH (May 2023 - May 2024)SEK32.3M(72.3%)
MAIN EXPORTER (May 2024)undefined41.2M
MAIN DESTINATION (May 2024)FinlandSEK27.8M

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.5M
IMPORTS (2022)$96.7M
NET TRADE (2022)-$92.2M

In 2022, Sweden exported $4.5M in Wood Tar, Oils and Pitch. The main destinations of Sweden exports on Wood Tar, Oils and Pitch were Norway ($2.04M), Finland ($1.17M), Netherlands ($207k), Denmark ($145k), and United States ($117k).

In 2022, Sweden imported $96.7M in Wood Tar, Oils and Pitch, mainly from United States ($44.6M), Finland ($24M), Netherlands ($20.3M), France ($5.37M), and Denmark ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Tar, Oils and Pitch EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$1.3M (174%)
Finland$977k (513%)
France$57.6k (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY Sweden WERE (2021 - 2022):
United Kingdom-$60.6k (-50.9%)
Poland-$47.8k (-71.8%)
South Africa-$47.5k (-86.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Wood Tar, Oils and Pitch were:
United States $57.4M
Finland $25.9M
Netherlands $23.5M
In 2022, Sweden's main importing competitors in Wood Tar, Oils and Pitch were:
Spain $8.3M
Philippines $5.16M

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $46.2k
TOP IMPORT POTENTIALChina+ $117k

Wood Tar, Oils and Pitch’s highest export potential is France. With an export gap of $46.2k.   Wood Tar, Oils and Pitch’s highest import potential is China with an import gap of $117k.

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