Refined Petroleum in Sweden 2020 Exports | Imports : $5.25B | $4.38B, World Rnk 20 / 212 Rnk 3 / 1211 | World Rnk 28 / 224 Rnk 4 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $118M | $63.3M, United States | Spain
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Refined Petroleum: -0.94, Rnk 822 / 1029
Exports In 2020, Sweden exported $5.25B in Refined Petroleum, making it the 20th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Sweden. The main destination of Refined Petroleum exports from Sweden are: Finland ($816M), Norway ($785M), Netherlands ($603M), United States ($526M), and United Kingdom ($524M).
The fastest growing export markets for Refined Petroleum of Sweden between 2019 and 2020 were United States ($118M), France ($76.8M), and Gibraltar ($70.9M).
Imports In 2020, Sweden imported $4.38B in Refined Petroleum, becoming the 28th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in Sweden. Sweden imports Refined Petroleum primarily from: Finland ($1.26B), Netherlands ($900M), Denmark ($539M), Russia ($410M), and Norway ($409M).
The fastest growing import markets in Refined Petroleum for Sweden between 2019 and 2020 were Spain ($63.3M), United States ($39.4M), and Singapore ($10.6M).
August 2022
Overview In August 2022 Sweden's Refined Petroleum exports accounted up to SEK9.27B and imports accounted up to SEK8.89B, resulting in a positive trade balance of SEK373M. Between August 2021 and August 2022 the exports of Sweden's Refined Petroleum have increased by SEK3.21B (53%) from SEK6.06B to SEK9.27B, while imports increased by SEK4.46B (101%) from SEK4.43B to SEK8.89B.
Destinations In August 2022, Refined Petroleum were exported mostly to Norway (SEK2.26B), Finland (SEK1.78B), United Kingdom (SEK1.25B), Denmark (SEK993M), and United States (SEK708M), and were imported mostly from Netherlands (SEK1.95B), Finland (SEK1.67B), Norway (SEK1.46B), Denmark (SEK960M), and Italy (SEK655M).
Growth In August 2022, the increase in Refined Petroleum's year-by-year exports was explained primarily by an increase in exports to Bahrain (SEK74.2M or 3.71M%), Ireland (SEK64M or 16.8k%), and Spain (SEK23.8M or 14.9%). In August 2022, the increase in Refined Petroleum's year-by-year imports was explained primarily by an increase in imports from Italy (SEK144M or 2.91k%), Malta (SEK848k or 1.3k%), and Croatia (SEK48k or 98%).
EXPORT GROWTH (August 2021 - August 2022): SEK3.21B, (53%)
IMPORT GROWTH (August 2021 - August 2022): SEK4.46B, (101%)
MAIN DESTINATION (August 2022): Norway, SEK2.26B
This section shows Refined 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 Refined Petroleum over time.
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EXPORTS (2020): $5.25B
IMPORTS (2020): $4.38B
NET TRADE (2020): $876M
In 2020, Sweden exported $5.25B in Refined Petroleum. The main destinations of Sweden exports on Refined Petroleum were Finland ($816M), Norway ($785M), Netherlands ($603M), United States ($526M), and United Kingdom ($524M).
In 2020, Sweden imported $4.38B in Refined Petroleum, mainly from Finland ($1.26B), Netherlands ($900M), Denmark ($539M), Russia ($410M), and Norway ($409M).
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Sweden WERE (2019 - 2020):
In 2020, Sweden's main exporting competitors in Refined Petroleum were:
In 2020, Sweden's main importing competitors in Refined Petroleum were:
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