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2022
Exports $4.5MWorld Rnk 7 / 72
Flag Rnk 775 / 1212
2022
Destination $1.3M Norway
2021 - 2022
FASTEST GROWING MARKET $1.3MNorway
2022
Imports $96.7MWorld Rnk 1 / 147
Flag Rnk 337 / 1213
2022
Origin $23.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $23.3MUnited States
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $4.5M in Wood Tar, Oils and Pitch, making it the 7th largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 775th most exported product in Sweden. The main destination of Wood Tar, Oils and Pitch exports from Sweden are: Norway ($2.04M), Finland ($1.17M), Netherlands ($207k), Denmark ($145k), and United States ($117k).

The fastest growing export markets for Wood Tar, Oils and Pitch of Sweden between 2021 and 2022 were Norway ($1.3M), Finland ($977k), and France ($57.6k).

Imports In 2022, Sweden imported $96.7M in Wood Tar, Oils and Pitch, becoming the 1st largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 337th most imported product in Sweden. Sweden imports Wood Tar, Oils and Pitch primarily from: United States ($44.6M), Finland ($24M), Netherlands ($20.3M), France ($5.37M), and Denmark ($1.18M).

The fastest growing import markets in Wood Tar, Oils and Pitch for Sweden between 2021 and 2022 were United States ($23.3M), Finland ($6.51M), and Netherlands ($1.34M).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Wood Tar, Oils and Pitch exports accounted up to SEK13.3M and imports accounted up to SEK67.2M, resulting in a negative trade balance of SEK53.9M. Between July 2023 and July 2024 the exports of Sweden's   Wood Tar, Oils and Pitch have decreased by SEK-6.02M (-31.2%) from SEK19.3M to SEK13.3M, while imports increased by SEK7.01M (11.6%) from SEK60.2M to SEK67.2M.

Destinations In July 2024, Wood Tar, Oils and Pitch were exported mostly to Norway (SEK8.51M), Finland (SEK3.43M), United Kingdom (SEK533k), Germany (SEK379k), and Netherlands (SEK179k), and were imported mostly from United States (SEK29.7M), Netherlands (SEK25.7M), Finland (SEK10.4M), China (SEK714k), and Turkey (SEK378k).

Growth In July 2024, the decrease in Wood Tar, Oils and Pitch's year-by-year exports was explained primarily by a decrease in exports to Estonia (SEK-121k or -55%), Netherlands (SEK-35k or -26.5%), and Norway (SEK-8k or -23.5%). In July 2024, the increase in Wood Tar, Oils and Pitch's year-by-year imports was explained primarily by an increase in imports from Finland (SEK10.7M or 323%), United States (SEK7.79M or 27.3%), and Netherlands (SEK6.01M or 147%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-6.02M(-31.2%)
IMPORT GROWTH (July 2023 - July 2024)SEK7.01M(11.6%)
MAIN EXPORTER (July 2024)undefined41.2M
MAIN DESTINATION (July 2024)NorwaySEK8.51M

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.5M
IMPORTS (2022)$96.7M
NET TRADE (2022)-$92.2M

In 2022, Sweden exported $4.5M in Wood Tar, Oils and Pitch. The main destinations of Sweden exports on Wood Tar, Oils and Pitch were Norway ($2.04M), Finland ($1.17M), Netherlands ($207k), Denmark ($145k), and United States ($117k).

In 2022, Sweden imported $96.7M in Wood Tar, Oils and Pitch, mainly from United States ($44.6M), Finland ($24M), Netherlands ($20.3M), France ($5.37M), and Denmark ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Tar, Oils and Pitch EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$1.3M (174%)
Finland$977k (513%)
France$57.6k (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY Sweden WERE (2021 - 2022):
United Kingdom-$60.6k (-50.9%)
Poland-$47.8k (-71.8%)
South Africa-$47.5k (-86.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Wood Tar, Oils and Pitch were:
United States $57.4M
Finland $25.9M
Netherlands $23.5M
In 2022, Sweden's main importing competitors in Wood Tar, Oils and Pitch were:
Spain $8.3M
Philippines $5.16M

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $46.2k
TOP IMPORT POTENTIALChina+ $117k

Wood Tar, Oils and Pitch’s highest export potential is France. With an export gap of $46.2k.   Wood Tar, Oils and Pitch’s highest import potential is China with an import gap of $117k.

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