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2022
Exports $69.1MWorld Rnk 32 / 149
Flag Rnk 314 / 1212
2022
Destination $5.55M Poland
2021 - 2022
FASTEST GROWING MARKET $5.55MPoland
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2022
Imports $170MWorld Rnk 52 / 208
Flag Rnk 218 / 1213
2022
Origin $11.3M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $11.3MMalaysia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $69.1M in Palm Oil, making it the 32nd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 314th most exported product in Sweden. The main destination of Palm Oil exports from Sweden are: Poland ($13.4M), Algeria ($6.17M), Ukraine ($5.3M), Austria ($5.13M), and Russia ($5.1M).

The fastest growing export markets for Palm Oil of Sweden between 2021 and 2022 were Poland ($5.55M), Algeria ($5.08M), and Slovakia ($1.99M).

Imports In 2022, Sweden imported $170M in Palm Oil, becoming the 52nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 218th most imported product in Sweden. Sweden imports Palm Oil primarily from: Malaysia ($59M), Indonesia ($58.4M), Denmark ($42.8M), Germany ($4.47M), and Singapore ($2.93M).

The fastest growing import markets in Palm Oil for Sweden between 2021 and 2022 were Malaysia ($11.3M), Germany ($1.55M), and Denmark ($1.45M).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Palm Oil exports accounted up to SEK45.3M and imports accounted up to SEK151M, resulting in a negative trade balance of SEK105M. Between June 2023 and June 2024 the exports of Sweden's   Palm Oil have decreased by SEK-4.84M (-9.65%) from SEK50.1M to SEK45.3M, while imports increased by SEK52.9M (54.1%) from SEK97.8M to SEK151M.

Destinations In June 2024, Palm Oil were exported mostly to Poland (SEK17.3M), Germany (SEK5.86M), Finland (SEK3.91M), Ukraine (SEK3.58M), and Algeria (SEK2.16M), and were imported mostly from Indonesia (SEK52.7M), Denmark (SEK52.4M), Malaysia (SEK45.4M), Germany (SEK153k), and Liberia (SEK47k).

Growth In June 2024, the decrease in Palm Oil's year-by-year exports was explained primarily by a decrease in exports to Turkey (SEK-4M or -88%), Netherlands (SEK-1.87M or -84.7%), and Bosnia and Herzegovina (SEK-510k or -83.3%). In June 2024, the increase in Palm Oil's year-by-year imports was explained primarily by an increase in imports from Indonesia (SEK99.6M or 133%), Malaysia (SEK30.3M or 122%), and Germany (SEK236k or 10.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-4.84M(-9.65%)
IMPORT GROWTH (June 2023 - June 2024)SEK52.9M(54.1%)
MAIN EXPORTER (June 2024)undefined82.9M
MAIN DESTINATION (June 2024)PolandSEK17.3M

This section shows Palm 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 Palm Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$69.1M
IMPORTS (2022)$170M
NET TRADE (2022)-$100M

In 2022, Sweden exported $69.1M in Palm Oil. The main destinations of Sweden exports on Palm Oil were Poland ($13.4M), Algeria ($6.17M), Ukraine ($5.3M), Austria ($5.13M), and Russia ($5.1M).

In 2022, Sweden imported $170M in Palm Oil, mainly from Malaysia ($59M), Indonesia ($58.4M), Denmark ($42.8M), Germany ($4.47M), and Singapore ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Poland$5.55M (70.6%)
Algeria$5.08M (463%)
Slovakia$1.99M (84.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Sweden WERE (2021 - 2022):
Russia-$13.3M (-72.3%)
Finland-$2.95M (-61.3%)
Austria-$2.04M (-28.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Sweden's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.54M
TOP IMPORT POTENTIALIndonesia+ $9.35M

Palm Oil’s highest export potential is Germany. With an export gap of $2.54M.   Palm Oil’s highest import potential is Indonesia with an import gap of $9.35M.

See methodology.

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