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2023
Exports $39.5MWorld Rnk 29 / 187
Flag Rnk 377 / 1210
2023
Destination $2.28M Ireland
2022 - 2023
FASTEST GROWING MARKET $2.28MFrance
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils-1.06Rnk 848 / 1025
2023
Imports $110MWorld Rnk 13 / 223
Flag Rnk 283 / 1213
2023
Origin $3.35M Denmark
2022 - 2023
FASTEST GROWING ORIGIN $3.35MSpain
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $39.5M in Other Pure Vegetable Oils, making it the 29th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 377th most exported product in Sweden. The main destination of Other Pure Vegetable Oils exports from Sweden are: Ireland ($6.17M), France ($5.35M), United States ($4.37M), Germany ($4.26M), and Netherlands ($3.06M).

The fastest growing export markets for Other Pure Vegetable Oils of Sweden between 2022 and 2023 were France ($2.28M), Netherlands ($1.02M), and Germany ($629k).

Imports In 2023, Sweden imported $110M in Other Pure Vegetable Oils, becoming the 13th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 283rd most imported product in Sweden. Sweden imports Other Pure Vegetable Oils primarily from: Denmark ($84.7M), Germany ($12M), Spain ($3.5M), Netherlands ($2.4M), and France ($1.04M).

The fastest growing import markets in Other Pure Vegetable Oils for Sweden between 2022 and 2023 were Spain ($3.35M), Austria ($540k), and France ($390k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Other Pure Vegetable Oils exports accounted up to SEK35.8M and imports accounted up to SEK145M, resulting in a negative trade balance of SEK109M. Between October 2023 and October 2024 the exports of Sweden's   Other Pure Vegetable Oils have increased by SEK19M (113%) from SEK16.9M to SEK35.8M, while imports increased by SEK62.7M (76.6%) from SEK81.8M to SEK145M.

Destinations In October 2024, Other Pure Vegetable Oils were exported mostly to Netherlands (SEK7.14M), Japan (SEK3.28M), Belgium (SEK2.7M), Germany (SEK2.68M), and Australia (SEK2.38M), and were imported mostly from Denmark (SEK111M), Germany (SEK16.9M), Netherlands (SEK8.85M), France (SEK2.43M), and India (SEK1.07M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK19M(113%)
IMPORT GROWTH (October 2023 - October 2024)SEK62.7M(76.6%)
MAIN EXPORTER (October 2024)undefined37.9M
MAIN DESTINATION (October 2024)NetherlandsSEK7.14M

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 (2023)$39.5M
IMPORTS (2023)$110M
NET TRADE (2023)-$70.3M

In 2023, Sweden exported $39.5M in Other Pure Vegetable Oils. The main destinations of Sweden exports on Other Pure Vegetable Oils were Ireland ($6.17M), France ($5.35M), United States ($4.37M), Germany ($4.26M), and Netherlands ($3.06M).

In 2023, Sweden imported $110M in Other Pure Vegetable Oils, mainly from Denmark ($84.7M), Germany ($12M), Spain ($3.5M), Netherlands ($2.4M), and France ($1.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
France$2.28M (74.4%)
Netherlands$1.02M (49.8%)
Germany$629k (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Sweden WERE (2022 - 2023):
Russia-$4.12M (-100%)
United States-$3.65M (-45.5%)
Ireland-$986k (-13.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Other Pure Vegetable Oils were:
India $1.17B
United States $491M
Mexico $396M
In 2023, Sweden's main importing competitors in Other Pure Vegetable Oils were:
United States $929M
China $649M
France $391M

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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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