HS Icon Refined Petroleum in  Flag Sweden

2019
Exports | Imports
: $7.56B | $6.32B, World Rnk 22 / 214
Flag Rnk 3 / 1212 | World Rnk 26 / 225
Flag Rnk 3 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $190M | $235M, Norway |  Finland

2019
ECONOMIC COMPLEXITY of Sweden
: 1.65, Rnk 8 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Sweden exported $7.56B in Refined Petroleum, making it the 22nd 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: Norway ($1.38B), Finland ($1.09B), United Kingdom ($914M), Netherlands ($881M), and Denmark ($554M).

The fastest growing export markets for Refined Petroleum of Sweden between 2018 and 2019 were Norway ($190M), Belgium ($146M), and Bahamas ($85.1M).

Imports In 2019, Sweden imported $6.32B in Refined Petroleum, becoming the 26th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Sweden. Sweden imports Refined Petroleum primarily from: Finland ($1.93B), Netherlands ($1.12B), Denmark ($923M), Russia ($662M), and Norway ($457M).

The fastest growing import markets in Refined Petroleum for Sweden between 2018 and 2019 were Finland ($235M), Angola ($62.7M), and Belgium ($57.3M).

Tariffs In 2017, the average tariff for Sweden in Refined Petroleum was 0.75%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): SEK2.97B, (94.3%)

IMPORT GROWTH (June 2020 - June 2021): SEK414M, (14.2%)

MAIN DESTINATION (June 2021): Finland, SEK1.23B

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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Historical Data

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EXPORTS (2019): $7.56B

IMPORTS (2019): $6.32B

NET TRADE (2019): $1.24B

In 2019, Sweden exported $7.56B in Refined Petroleum. The main destinations of Sweden exports on Refined Petroleum were Norway ($1.38B), Finland ($1.09B), United Kingdom ($914M), Netherlands ($881M), and Denmark ($554M).

In 2019, Sweden imported $6.32B in Refined Petroleum, mainly from Finland ($1.93B), Netherlands ($1.12B), Denmark ($923M), Russia ($662M), and Norway ($457M).

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IN 2019, Sweden HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Sweden WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Sweden WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Sweden's main exporting competitors in Refined Petroleum were:

In 2019, Sweden's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2017, the average tariff for Sweden in Refined Petroleum was 0.75%.

The countries with the highest tariffs for Refined Petroleum in Sweden were Western Sahara (Most Favoured Nation duty rate treatement, 2.54%), Gabon (Most Favoured Nation duty rate treatement, 2.54%), Libya (Most Favoured Nation duty rate treatement, 2.54%), Mayotte (Most Favoured Nation duty rate treatement, 2.54%), and Reunion (Most Favoured Nation duty rate treatement, 2.54%).