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2023
Exports $23.6MWorld Rnk 20 / 151
Flag Rnk 475 / 1210
2023
Destination $1.09M Algeria
2022 - 2023
FASTEST GROWING MARKET $1.09MAlgeria
2023
PRODUCT COMPLEXITY IN Coconut Oil-1.7Rnk 972 / 1025
2023
Imports $91.8MWorld Rnk 15 / 210
Flag Rnk 318 / 1213
2023
Origin $2.47M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $2.47MFrance
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $23.6M in Coconut Oil, making it the 20th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 475th most exported product in Sweden. The main destination of Coconut Oil exports from Sweden are: Algeria ($2.96M), Slovakia ($2.75M), Netherlands ($1.85M), Bulgaria ($1.77M), and Norway ($1.68M).

The fastest growing export markets for Coconut Oil of Sweden between 2022 and 2023 were Algeria ($1.09M), Finland ($653k), and Bulgaria ($638k).

Imports In 2023, Sweden imported $91.8M in Coconut Oil, becoming the 15th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 318th most imported product in Sweden. Sweden imports Coconut Oil primarily from: Netherlands ($32.9M), Malaysia ($25.8M), Germany ($18.4M), Indonesia ($9.05M), and France ($2.49M).

The fastest growing import markets in Coconut Oil for Sweden between 2022 and 2023 were France ($2.47M), Indonesia ($1.32M), and Philippines ($1.07M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Coconut Oil exports accounted up to SEK9.98M and imports accounted up to SEK89.5M, resulting in a negative trade balance of SEK79.5M. Between November 2023 and November 2024 the exports of Sweden's   Coconut Oil have decreased by SEK-6.62M (-39.9%) from SEK16.6M to SEK9.98M, while imports decreased by SEK-16.7M (-15.7%) from SEK106M to SEK89.5M.

Destinations In November 2024, Coconut Oil were exported mostly to Netherlands (SEK1.62M), Algeria (SEK1.37M), Norway (SEK1.35M), Poland (SEK1.06M), and United States (SEK778k), and were imported mostly from Indonesia (SEK41.6M), Netherlands (SEK35.1M), Germany (SEK6.36M), Malaysia (SEK4.51M), and Sri Lanka (SEK978k).

Growth In November 2024, the decrease in Coconut Oil's year-by-year exports was explained primarily by a decrease in exports to Netherlands (SEK-1.25M or -61.1%), Greece (SEK-608k or -96.8%), and Algeria (SEK-471k or -17.5%). In November 2024, the decrease in Coconut Oil's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-4.14M or -17.1%), Indonesia (SEK-3.87M or -47.9%), and Sri Lanka (SEK-2.43M or -92.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-6.62M(-39.9%)
IMPORT GROWTH (November 2023 - November 2024)SEK-16.7M(-15.7%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NetherlandsSEK1.62M

This section shows Coconut 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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$23.6M
IMPORTS (2023)$91.8M
NET TRADE (2023)-$68.2M

In 2023, Sweden exported $23.6M in Coconut Oil. The main destinations of Sweden exports on Coconut Oil were Algeria ($2.96M), Slovakia ($2.75M), Netherlands ($1.85M), Bulgaria ($1.77M), and Norway ($1.68M).

In 2023, Sweden imported $91.8M in Coconut Oil, mainly from Netherlands ($32.9M), Malaysia ($25.8M), Germany ($18.4M), Indonesia ($9.05M), and France ($2.49M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Algeria$1.09M (58.3%)
Finland$653k (148%)
Bulgaria$638k (56.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Sweden WERE (2022 - 2023):
Austria-$4.69M (-100%)
Ukraine-$1.69M (-53.5%)
Greece-$838k (-45.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Coconut Oil were:
Indonesia $2.54B
Philippines $1.17B
Malaysia $1.09B
In 2023, Sweden's main importing competitors in Coconut Oil were:
United States $1.05B
China $893M
Germany $678M

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.14M
TOP IMPORT POTENTIALIndonesia+ $6.72M

Coconut Oil’s highest export potential is Germany. With an export gap of $1.14M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $6.72M.

See methodology.

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