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2022
Exports $64.4kWorld Rnk 40 / 99
Flag Rnk 1140 / 1212
2022
Destination $7.06k Norway
2021 - 2022
FASTEST GROWING MARKET $7.06kNetherlands
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $475kWorld Rnk 27 / 185
Flag Rnk 1110 / 1213
2022
Origin $290k Senegal
2021 - 2022
FASTEST GROWING ORIGIN $290kSenegal
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $64.4k in Ground Nut Oil, making it the 40th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1140th most exported product in Sweden. The main destination of Ground Nut Oil exports from Sweden are: Norway ($49k), Netherlands ($7.15k), Finland ($6.14k), Denmark ($1.65k), and Iceland ($297).

The fastest growing export markets for Ground Nut Oil of Sweden between 2021 and 2022 were Netherlands ($7.06k), Denmark ($601), and Iceland ($297).

Imports In 2022, Sweden imported $475k in Ground Nut Oil, becoming the 27th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1110th most imported product in Sweden. Sweden imports Ground Nut Oil primarily from: Senegal ($290k), Italy ($102k), Germany ($28.1k), Denmark ($17.8k), and Spain ($16.2k).

The fastest growing import markets in Ground Nut Oil for Sweden between 2021 and 2022 were Senegal ($290k), Germany ($11.3k), and Belgium ($2.97k).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Ground Nut Oil exports accounted up to SEK47k and imports accounted up to SEK394k, resulting in a negative trade balance of SEK347k. Between April 2023 and June 2024 the exports of Sweden's   Ground Nut Oil have increased by SEK33k (236%) from SEK14k to SEK47k, while imports decreased by SEK-997k (-71.7%) from SEK1.39M to SEK394k.

Destinations In June 2024, Ground Nut Oil were exported mostly to Norway (SEK42k) and Denmark (SEK5k), and were imported mostly from Czechia (SEK250k), Italy (SEK98k), Belgium (SEK27k), United Kingdom (SEK13k), and India (SEK6k).

Growth In June 2024, the increase in Ground Nut Oil's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Ground Nut Oil's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-12k or -23.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)SEK33k(236%)
IMPORT GROWTH (June 2023 - June 2024)SEK-997k(-71.7%)
MAIN EXPORTER (June 2024)undefined47k
MAIN DESTINATION (June 2024)NorwaySEK42k

This section shows Ground Nut 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 Ground Nut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.4k
IMPORTS (2022)$475k
NET TRADE (2022)-$410k

In 2022, Sweden exported $64.4k in Ground Nut Oil. The main destinations of Sweden exports on Ground Nut Oil were Norway ($49k), Netherlands ($7.15k), Finland ($6.14k), Denmark ($1.65k), and Iceland ($297).

In 2022, Sweden imported $475k in Ground Nut Oil, mainly from Senegal ($290k), Italy ($102k), Germany ($28.1k), Denmark ($17.8k), and Spain ($16.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Netherlands$7.06k (8.12k%)
Denmark$601 (57.3%)
Iceland$297 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Sweden WERE (2021 - 2022):
Norway-$42.6k (-46.5%)
Italy-$1.05k (-100%)
Finland-$1.03k (-14.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Sweden's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $6.28k
TOP IMPORT POTENTIALIndia+ $13.4k

Ground Nut Oil’s highest export potential is Netherlands. With an export gap of $6.28k.   Ground Nut Oil’s highest import potential is India with an import gap of $13.4k.

See methodology.

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