NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $209kWorld Rnk 103 / 150
Flag Rnk 1073 / 1210
2023
Destination $57.6k United States
2022 - 2023
FASTEST GROWING MARKET $57.6kNorway
2023
PRODUCT COMPLEXITY IN Crude Petroleum-2.37Rnk 1015 / 1025
2023
Imports $11.2BWorld Rnk 20 / 159
Flag Rnk 2 / 1213
2023
Origin $102M Norway
2022 - 2023
FASTEST GROWING ORIGIN $102MGuyana
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $209k in Crude Petroleum, making it the 103rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1073rd most exported product in Sweden. The main destination of Crude Petroleum exports from Sweden are: United States ($104k), Norway ($71.1k), Netherlands ($30.9k), Togo ($1.93k), and United Kingdom ($660).

The fastest growing export markets for Crude Petroleum of Sweden between 2022 and 2023 were Norway ($57.6k), Netherlands ($12.3k), and Togo ($1.93k).

Imports In 2023, Sweden imported $11.2B in Crude Petroleum, becoming the 20th 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 ($6.8B), United Kingdom ($1.59B), United States ($1.26B), Nigeria ($673M), and Libya ($386M).

The fastest growing import markets in Crude Petroleum for Sweden between 2022 and 2023 were Guyana ($102M), Niger ($83.1M), and Angola ($79.5M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Crude Petroleum exports accounted up to SEK23k and imports accounted up to SEK9.48B, resulting in a negative trade balance of SEK9.48B. Between December 2022 and October 2024 the exports of Sweden's   Crude Petroleum have decreased by SEK-2M (-98.9%) from SEK2.02M to SEK23k, while imports decreased by SEK-1.71B (-15.2%) from SEK11.2B to SEK9.48B.

Destinations In October 2024, Crude Petroleum were exported mostly to New Zealand (SEK23k), and were imported mostly from Norway (SEK4.22B), Guyana (SEK1.6B), United Kingdom (SEK1.47B), Nigeria (SEK793M), and Denmark (SEK715M).

Growth In October 2024, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Crude Petroleum's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (SEK-1.37B or -76.8%) and Norway (SEK-164M or -2.22%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - October 2024)SEK-2M(-98.9%)
IMPORT GROWTH (October 2023 - October 2024)SEK-1.71B(-15.2%)
MAIN EXPORTER (October 2024)undefined874k
MAIN DESTINATION (October 2024)New ZealandSEK23k

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$209k
IMPORTS (2023)$11.2B
NET TRADE (2023)-$11.2B

In 2023, Sweden exported $209k in Crude Petroleum. The main destinations of Sweden exports on Crude Petroleum were United States ($104k), Norway ($71.1k), Netherlands ($30.9k), Togo ($1.93k), and United Kingdom ($660).

In 2023, Sweden imported $11.2B in Crude Petroleum, mainly from Norway ($6.8B), United Kingdom ($1.59B), United States ($1.26B), Nigeria ($673M), and Libya ($386M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$57.6k (429%)
Netherlands$12.3k (66.3%)
Togo$1.93k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Sweden WERE (2022 - 2023):
Spain-$10.9M (-100%)
United States-$95.7k (-47.9%)
Mexico-$2.37k (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Crude Petroleum were:
Saudi Arabia $181B
United States $125B
Russia $122B
In 2023, Sweden's main importing competitors in Crude Petroleum were:
China $319B
United States $170B
India $140B

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $3.86M
TOP IMPORT POTENTIALRussia+ $286M

Crude Petroleum’s highest export potential is Spain. With an export gap of $3.86M.   Crude Petroleum’s highest import potential is Russia with an import gap of $286M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms