2021
Exports | Imports
$220M | $8.34BWorld Rnk 64 / 147
Flag Rnk 160 / 1209
World Rnk 18 / 163
Flag Rnk 2 / 1211
2021
ECONOMIC COMPLEXITY of Sweden
1.54Rnk 8 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Sweden exported $220M in Crude Petroleum, making it the 64th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 160th most exported product in Sweden. The main destination of Crude Petroleum exports from Sweden are: China ($56.9M), United States ($43.8M), Netherlands ($42.4M), Denmark ($39.4M), and United Kingdom ($37.6M).

The fastest growing export markets for Crude Petroleum of Sweden between 2020 and 2021 were China ($56.9M), United States ($43.8M), and Netherlands ($42.4M).

Imports In 2021, Sweden imported $8.34B in Crude Petroleum, becoming the 18th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Sweden. Sweden imports Crude Petroleum primarily from: Norway ($6.15B), United Kingdom ($675M), United States ($594M), Nigeria ($427M), and Libya ($282M).

The fastest growing import markets in Crude Petroleum for Sweden between 2020 and 2021 were Norway ($2.66B), Libya ($258M), and United States ($128M).

Latest Trends

October 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2021 - October 2023)SEK110k(1k%)
IMPORT GROWTH (October 2022 - October 2023)SEK742M(7.1%)
MAIN EXPORTER (October 2023)undefined274k
MAIN DESTINATION (October 2023)NorwaySEK121k

This section shows Crude Petroleum'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 Crude Petroleum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$220M
IMPORTS (2021)$8.34B
NET TRADE (2021)-$8.12B

In 2021, Sweden exported $220M in Crude Petroleum. The main destinations of Sweden exports on Crude Petroleum were China ($56.9M), United States ($43.8M), Netherlands ($42.4M), Denmark ($39.4M), and United Kingdom ($37.6M).

In 2021, Sweden imported $8.34B in Crude Petroleum, mainly from Norway ($6.15B), United Kingdom ($675M), United States ($594M), Nigeria ($427M), and Libya ($282M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
China$56.9M (1%)
United States$43.8M (1%)
Netherlands$42.4M (7.74M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Sweden WERE (2020 - 2021):
United Arab Emirates-$12.1M (-100%)
Spain-$11.4M (-100%)
Norway-$17.9k (-83.2%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Sweden's main exporting competitors in Crude Petroleum were:
In 2021, Sweden's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

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