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2022
Exports $35.9MWorld Rnk 33 / 186
Flag Rnk 421 / 1212
2022
Destination $745k Ireland
2021 - 2022
FASTEST GROWING MARKET $745kUnited States
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-0.9Rnk 810 / 1025
2022
Imports $80.4MWorld Rnk 20 / 221
Flag Rnk 374 / 1213
2022
Origin $1.26M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $1.26MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $35.9M in Other Pure Vegetable Oils, making it the 33rd largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 421st most exported product in Sweden. The main destination of Other Pure Vegetable Oils exports from Sweden are: Ireland ($6.93M), Russia ($4.12M), United States ($3.41M), France ($2.87M), and Netherlands ($2.59M).

The fastest growing export markets for Other Pure Vegetable Oils of Sweden between 2021 and 2022 were United States ($745k), Japan ($535k), and Ireland ($484k).

Imports In 2022, Sweden imported $80.4M in Other Pure Vegetable Oils, becoming the 20th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 374th most imported product in Sweden. Sweden imports Other Pure Vegetable Oils primarily from: Denmark ($63.7M), Germany ($4.61M), Netherlands ($3.8M), Hungary ($1.92M), and Singapore ($739k).

The fastest growing import markets in Other Pure Vegetable Oils for Sweden between 2021 and 2022 were Germany ($1.26M), Hungary ($330k), and Russia ($329k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Other Pure Vegetable Oils exports accounted up to SEK24.2M and imports accounted up to SEK126M, resulting in a negative trade balance of SEK101M. Between August 2023 and August 2024 the exports of Sweden's   Other Pure Vegetable Oils have increased by SEK5.18M (27.3%) from SEK19M to SEK24.2M, while imports increased by SEK16.8M (15.4%) from SEK109M to SEK126M.

Destinations In August 2024, Other Pure Vegetable Oils were exported mostly to Germany (SEK6.37M), Ukraine (SEK4.17M), France (SEK3.05M), Poland (SEK1.86M), and Denmark (SEK1.26M), and were imported mostly from Denmark (SEK106M), Netherlands (SEK6.12M), Germany (SEK4.31M), India (SEK3.59M), and United States (SEK1.32M).

Growth In August 2024, the increase in Other Pure Vegetable Oils's year-by-year exports was explained primarily by an increase in exports to United Kingdom (SEK2.36M or 114%), France (SEK1.91M or 84.3%), and Japan (SEK1.07M or 40.8%). In August 2024, the increase in Other Pure Vegetable Oils's year-by-year imports was explained primarily by an increase in imports from Germany (SEK44.9M or 1.42k%), Italy (SEK1.01M or 347%), and Netherlands (SEK790k or 74.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK5.18M(27.3%)
IMPORT GROWTH (August 2023 - August 2024)SEK16.8M(15.4%)
MAIN EXPORTER (August 2024)undefined37.9M
MAIN DESTINATION (August 2024)GermanySEK6.37M

This section shows Other Pure Vegetable Oils'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 Other Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35.9M
IMPORTS (2022)$80.4M
NET TRADE (2022)-$44.5M

In 2022, Sweden exported $35.9M in Other Pure Vegetable Oils. The main destinations of Sweden exports on Other Pure Vegetable Oils were Ireland ($6.93M), Russia ($4.12M), United States ($3.41M), France ($2.87M), and Netherlands ($2.59M).

In 2022, Sweden imported $80.4M in Other Pure Vegetable Oils, mainly from Denmark ($63.7M), Germany ($4.61M), Netherlands ($3.8M), Hungary ($1.92M), and Singapore ($739k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$745k (27.9%)
Japan$535k (30.2%)
Ireland$484k (7.51%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Sweden WERE (2021 - 2022):
Russia-$21.3M (-83.8%)
Germany-$3.12M (-59.1%)
Turkey-$412k (-32.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Other Pure Vegetable Oils were:
India $1.28B
United States $905M
Mexico $308M
In 2022, Sweden's main importing competitors in Other Pure Vegetable Oils were:
United States $868M
China $620M
Kuwait $416M

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.23M
TOP IMPORT POTENTIALGermany+ $993k

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $2.23M.   Other Pure Vegetable Oils’s highest import potential is Germany with an import gap of $993k.

See methodology.

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