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2022
Exports $6.61MWorld Rnk 42 / 118
Flag Rnk 708 / 1212
2022
Destination $311k Finland
2021 - 2022
FASTEST GROWING MARKET $311kSouth Korea
2022
PRODUCT COMPLEXITY IN Fish oil-1.83Rnk 985 / 1025
2022
Imports $6.01MWorld Rnk 44 / 171
Flag Rnk 885 / 1213
2022
Origin $269k Norway
2021 - 2022
FASTEST GROWING ORIGIN $269kNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $6.61M in Fish oil, making it the 42nd largest exporter of Fish oil in the world. At the same year, Fish oil was the 708th most exported product in Sweden. The main destination of Fish oil exports from Sweden are: Finland ($1.27M), Austria ($947k), Belgium ($793k), Ireland ($658k), and South Korea ($519k).

The fastest growing export markets for Fish oil of Sweden between 2021 and 2022 were South Korea ($311k), China ($186k), and Czechia ($146k).

Imports In 2022, Sweden imported $6.01M in Fish oil, becoming the 44th largest importer of Fish oil in the world. At the same year, Fish oil was the 885th most imported product in Sweden. Sweden imports Fish oil primarily from: Norway ($3.37M), Iceland ($1.5M), Netherlands ($631k), Germany ($239k), and Portugal ($50k).

The fastest growing import markets in Fish oil for Sweden between 2021 and 2022 were Netherlands ($269k), Iceland ($118k), and China ($40.8k).

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Fish oil exports accounted up to SEK6.9M and imports accounted up to SEK8.33M, resulting in a negative trade balance of SEK1.43M. Between September 2023 and September 2024 the exports of Sweden's   Fish oil have decreased by SEK-1.6M (-18.8%) from SEK8.5M to SEK6.9M, while imports decreased by SEK-5.34M (-39.1%) from SEK13.7M to SEK8.33M.

Destinations In September 2024, Fish oil were exported mostly to China (SEK1.77M), Austria (SEK1.53M), Belgium (SEK1.22M), Ireland (SEK683k), and Germany (SEK647k), and were imported mostly from Iceland (SEK3.48M), Norway (SEK3.04M), Netherlands (SEK904k), Germany (SEK804k), and Belgium (SEK68k).

Growth In September 2024, the decrease in Fish oil's year-by-year exports was explained primarily by a decrease in exports to Belgium (SEK-1.06M or -77.3%), Norway (SEK-178k or -26.8%), and Hungary (SEK-146k or -32.7%). In September 2024, the decrease in Fish oil's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-1.14M or -32.1%), Germany (SEK-455k or -36.3%), and Poland (SEK-1k or -20%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK-1.6M(-18.8%)
IMPORT GROWTH (September 2023 - September 2024)SEK-5.34M(-39.1%)
MAIN EXPORTER (September 2024)undefined9.63M
MAIN DESTINATION (September 2024)ChinaSEK1.77M

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.61M
IMPORTS (2022)$6.01M
NET TRADE (2022)$595k

In 2022, Sweden exported $6.61M in Fish oil. The main destinations of Sweden exports on Fish oil were Finland ($1.27M), Austria ($947k), Belgium ($793k), Ireland ($658k), and South Korea ($519k).

In 2022, Sweden imported $6.01M in Fish oil, mainly from Norway ($3.37M), Iceland ($1.5M), Netherlands ($631k), Germany ($239k), and Portugal ($50k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
South Korea$311k (150%)
China$186k (495%)
Czechia$146k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Sweden WERE (2021 - 2022):
Ireland-$216k (-24.7%)
Slovenia-$202k (-100%)
Finland-$176k (-12.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Fish oil were:
Peru $556M
Norway $253M
Chile $249M
In 2022, Sweden's main importing competitors in Fish oil were:
Norway $563M
China $258M
Denmark $232M

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $367k
TOP IMPORT POTENTIALDenmark+ $200k

Fish oil’s highest export potential is Norway. With an export gap of $367k.   Fish oil’s highest import potential is Denmark with an import gap of $200k.

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