Crude Petroleum in Sweden 2019 Exports | Imports : $56.8M | $6.93B, World Rnk 74 / 135 Rnk 319 / 1212 | World Rnk 22 / 156 Rnk 2 / 1210
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $56.8M | $604M, United Kingdom | Norway
2019 ECONOMIC COMPLEXITY of Sweden: 1.65, Rnk 8 / 147
2019 PRODUCT COMPLEXITY IN Crude Petroleum: -3.02, Rnk 1029 / 1029
Exports In 2019, Sweden exported $56.8M in Crude Petroleum, making it the 74th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 319th most exported product in Sweden. The main destination of Crude Petroleum exports from Sweden are: United Kingdom ($56.8M), Finland ($13.5k), Japan ($8.99k), Denmark ($7.4k), and Belgium ($2.5k).
The fastest growing export markets for Crude Petroleum of Sweden between 2018 and 2019 were United Kingdom ($56.8M), Finland ($9.41k), and Belgium ($2.5k).
Imports In 2019, Sweden imported $6.93B in Crude Petroleum, becoming the 22nd 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 ($2.93B), Nigeria ($1.05B), Russia ($936M), United Kingdom ($762M), and Denmark ($512M).
The fastest growing import markets in Crude Petroleum for Sweden between 2018 and 2019 were Norway ($604M), United States ($112M), and Denmark ($39.6M).
June 2021
Overview In June 2021 Sweden's Crude Petroleum exports accounted up to SEK3k and imports accounted up to SEK6.87B, resulting in a negative trade balance of SEK6.87B. Between June 2020 and June 2021 the exports of Sweden's Crude Petroleum have increased by SEK2k (200%) from SEK1k to SEK3k, while imports increased by SEK3.07B (80.8%) from SEK3.8B to SEK6.87B.
Destinations In June 2021, Crude Petroleum were exported mostly to Thailand (SEK2k) and Norway (SEK1k), and were imported mostly from Norway (SEK3.67B), United States (SEK1.27B), Nigeria (SEK594M), Russia (SEK542M), and Libya (SEK468M).
Growth In June 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to . In June 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Norway (SEK1.09B or 42.1%), United States (SEK702M or 124%), and Germany (SEK2k or 25%).
EXPORT GROWTH (June 2020 - June 2021): SEK2k, (200%)
IMPORT GROWTH (June 2020 - June 2021): SEK3.07B, (80.8%)
MAIN DESTINATION (June 2021): Thailand, SEK2k
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 (2019): $56.8M
IMPORTS (2019): $6.93B
NET TRADE (2019): -$6.87B
In 2019, Sweden exported $56.8M in Crude Petroleum. The main destinations of Sweden exports on Crude Petroleum were United Kingdom ($56.8M), Finland ($13.5k), Japan ($8.99k), Denmark ($7.4k), and Belgium ($2.5k).
In 2019, Sweden imported $6.93B in Crude Petroleum, mainly from Norway ($2.93B), Nigeria ($1.05B), Russia ($936M), United Kingdom ($762M), and Denmark ($512M).
IN 2019, Sweden HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:
IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Sweden WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Sweden WERE (2018 - 2019):
In 2019, Sweden's main exporting competitors in Crude Petroleum were:
In 2019, Sweden's main importing competitors in Crude Petroleum were:
In 1989, the tariffs for Crude Petroleum in the imports of Sweden were of 0% around the world.