Crude Petroleum in Sweden 2021 Exports | Imports : $220M | $8.34B, World Rnk 64 / 147 Rnk 160 / 1209 | World Rnk 18 / 163 Rnk 2 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $56.9M | $2.66B, China | Norway
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Crude Petroleum: -2.38, Rnk 1024 / 1029
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).
December 2022
Overview In December 2022 Sweden's Crude Petroleum exports accounted up to SEK2.02M and imports accounted up to SEK11.9B, resulting in a negative trade balance of SEK11.9B. Between April 2021 and December 2022 the exports of Sweden's Crude Petroleum have decreased by SEK-55.9M (-96.5%) from SEK57.9M to SEK2.02M, while imports increased by SEK3.01B (33.7%) from SEK8.93B to SEK11.9B.
Destinations In December 2022, Crude Petroleum were exported mostly to United States (SEK2.02M), and were imported mostly from Norway (SEK7.7B), Nigeria (SEK2.56B), United Kingdom (SEK1.02B), United States (SEK659M), and Israel (SEK2k).
Growth In December 2022, the decrease in Crude Petroleum's year-by-year exports was explained primarily by a decrease in exports to . In December 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Norway (SEK3.64B or 97.8%), United Kingdom (SEK1.23B or 225%), and Russia (SEK722M or 176%).
EXPORT GROWTH (April 2021 - December 2022): SEK-55.9M, (-96.5%)
IMPORT GROWTH (December 2021 - December 2022): SEK3.01B, (33.7%)
MAIN DESTINATION (December 2022): United States, SEK2.02M
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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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).
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Crude Petroleum were:
In 2021, Sweden's main importing competitors in Crude Petroleum were:
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