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2022
Exports $1.09MWorld Rnk 45 / 131
Flag Rnk 955 / 1212
2022
Destination $333k Norway
2021 - 2022
FASTEST GROWING MARKET $333kDenmark
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $4.55MWorld Rnk 31 / 189
Flag Rnk 916 / 1213
2022
Origin $60.4k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $60.4kDenmark
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $1.09M in Bitumen and asphalt, making it the 45th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 955th most exported product in Sweden. The main destination of Bitumen and asphalt exports from Sweden are: Norway ($581k), Denmark ($409k), Finland ($95.9k), Netherlands ($2.55k), and Canada ($82).

The fastest growing export markets for Bitumen and asphalt of Sweden between 2021 and 2022 were Denmark ($333k) and Norway ($196k).

Imports In 2022, Sweden imported $4.55M in Bitumen and asphalt, becoming the 31st largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 916th most imported product in Sweden. Sweden imports Bitumen and asphalt primarily from: Netherlands ($4.08M), Belgium ($218k), Denmark ($183k), Norway ($41.1k), and Finland ($14k).

The fastest growing import markets in Bitumen and asphalt for Sweden between 2021 and 2022 were Denmark ($60.4k), Norway ($28k), and Belgium ($25.1k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Bitumen and asphalt exports accounted up to SEK461k and imports accounted up to SEK49k, resulting in a positive trade balance of SEK412k. Between May 2023 and August 2024 the exports of Sweden's   Bitumen and asphalt have decreased by SEK-144k (-23.8%) from SEK605k to SEK461k, while imports decreased by SEK-6.85M (-99.3%) from SEK6.9M to SEK49k.

Destinations In August 2024, Bitumen and asphalt were exported mostly to Finland (SEK461k), and were imported mostly from Finland (SEK48k) and United Kingdom (SEK1k).

Growth In August 2024, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-20k or -15.9%). In August 2024, the decrease in Bitumen and asphalt's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - August 2024)SEK-144k(-23.8%)
IMPORT GROWTH (August 2023 - August 2024)SEK-6.85M(-99.3%)
MAIN EXPORTER (August 2024)undefined665k
MAIN DESTINATION (August 2024)FinlandSEK461k

This section shows Bitumen and asphalt'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 Bitumen and asphalt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.09M
IMPORTS (2022)$4.55M
NET TRADE (2022)-$3.46M

In 2022, Sweden exported $1.09M in Bitumen and asphalt. The main destinations of Sweden exports on Bitumen and asphalt were Norway ($581k), Denmark ($409k), Finland ($95.9k), Netherlands ($2.55k), and Canada ($82).

In 2022, Sweden imported $4.55M in Bitumen and asphalt, mainly from Netherlands ($4.08M), Belgium ($218k), Denmark ($183k), Norway ($41.1k), and Finland ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$333k (433%)
Norway$196k (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Sweden WERE (2021 - 2022):
Finland-$67.9k (-41.5%)
Netherlands-$49.6k (-95.1%)
Jamaica-$13k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Sweden's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFinland+ $25.4k
TOP IMPORT POTENTIALBelgium+ $66.4k

Bitumen and asphalt’s highest export potential is Finland. With an export gap of $25.4k.   Bitumen and asphalt’s highest import potential is Belgium with an import gap of $66.4k.

See methodology.

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