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2023
Exports $83.1MWorld Rnk 2 / 62
Flag Rnk 279 / 1210
2023
Destination $22.2M Finland
2022 - 2023
FASTEST GROWING MARKET $22.2MFinland
2023
Imports $127MWorld Rnk 2 / 121
Flag Rnk 257 / 1213
2023
Origin $115M United States
2022 - 2023
FASTEST GROWING ORIGIN $115MUnited States
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $83.1M in Tall Oil, making it the 2nd largest exporter of Tall Oil in the world. At the same year, Tall Oil was the 279th most exported product in Sweden. The main destination of Tall Oil exports from Sweden are: Finland ($68.3M), Germany ($3.82M), Norway ($2.13M), China ($1.75M), and South Korea ($1.54M).

The fastest growing export markets for Tall Oil of Sweden between 2022 and 2023 were Finland ($22.2M), South Korea ($1.28M), and Norway ($990k).

Imports In 2023, Sweden imported $127M in Tall Oil, becoming the 2nd largest importer of Tall Oil in the world. At the same year, Tall Oil was the 257th most imported product in Sweden. Sweden imports Tall Oil primarily from: United States ($116M), Poland ($5.69M), Germany ($4.01M), Finland ($1.21M), and Belgium ($14.5k).

The fastest growing import markets in Tall Oil for Sweden between 2022 and 2023 were United States ($115M), Germany ($3.71M), and Lithuania ($4.63k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Tall Oil exports accounted up to SEK20.3M and imports accounted up to SEK36.9M, resulting in a negative trade balance of SEK16.6M. Between October 2023 and October 2024 the exports of Sweden's   Tall Oil have increased by SEK1.23M (6.46%) from SEK19M to SEK20.3M, while imports increased by SEK3.93M (11.9%) from SEK32.9M to SEK36.9M.

Destinations In October 2024, Tall Oil were exported mostly to Finland (SEK5.42M), Germany (SEK3.36M), Norway (SEK2.59M), Switzerland (SEK2.29M), and South Korea (SEK1.23M), and were imported mostly from .

Growth In October 2024, the increase in Tall Oil's year-by-year exports was explained primarily by an increase in exports to Netherlands (SEK1.78M or 473%), Germany (SEK1.32M or 29.3%), and Switzerland (SEK1.01M or 94.7%). In December 2017, the increase in Tall Oil's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK1.23M(6.46%)
IMPORT GROWTH (December 2016 - December 2017)SEK3.93M(11.9%)
MAIN EXPORTER (October 2024)undefined135M
MAIN DESTINATION (October 2024)FinlandSEK5.42M

This section shows Tall 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 Tall Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$83.1M
IMPORTS (2023)$127M
NET TRADE (2023)-$44.2M

In 2023, Sweden exported $83.1M in Tall Oil. The main destinations of Sweden exports on Tall Oil were Finland ($68.3M), Germany ($3.82M), Norway ($2.13M), China ($1.75M), and South Korea ($1.54M).

In 2023, Sweden imported $127M in Tall Oil, mainly from United States ($116M), Poland ($5.69M), Germany ($4.01M), Finland ($1.21M), and Belgium ($14.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tall Oil EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Finland$22.2M (48.1%)
South Korea$1.28M (498%)
Norway$990k (86.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tall Oil BY Sweden WERE (2022 - 2023):
India-$217k (-47.7%)
South Africa-$200k (-71.1%)
United States-$164k (-29.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Tall Oil were:
United States $352M
Poland $29.5M
In 2023, Sweden's main importing competitors in Tall Oil were:
Finland $205M
Japan $62M

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Trade Value of Tall Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $281k
TOP IMPORT POTENTIALNetherlands+ $57.2k

Tall Oil’s highest export potential is United States. With an export gap of $281k.   Tall Oil’s highest import potential is Netherlands with an import gap of $57.2k.

See methodology.

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