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2023
Exports $30.7MWorld Rnk 21 / 124
Flag Rnk 425 / 1210
2023
Destination $4.06M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $4.06MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Petroleum Resins1.47Rnk 49 / 1025
2023
Imports $42.4MWorld Rnk 35 / 200
Flag Rnk 488 / 1213
2023
Origin $1.67M Germany
2022 - 2023
FASTEST GROWING ORIGIN $1.67MItaly
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $30.7M in Petroleum Resins, making it the 21st largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 425th most exported product in Sweden. The main destination of Petroleum Resins exports from Sweden are: United Kingdom ($14.8M), Netherlands ($5.15M), Germany ($3.35M), Denmark ($3.07M), and United States ($1.06M).

The fastest growing export markets for Petroleum Resins of Sweden between 2022 and 2023 were United Kingdom ($4.06M), Netherlands ($2.23M), and Estonia ($342k).

Imports In 2023, Sweden imported $42.4M in Petroleum Resins, becoming the 35th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 488th most imported product in Sweden. Sweden imports Petroleum Resins primarily from: Germany ($12.4M), Netherlands ($5.93M), France ($4.59M), Belgium ($3.58M), and Denmark ($3.36M).

The fastest growing import markets in Petroleum Resins for Sweden between 2022 and 2023 were Italy ($1.67M), Finland ($573k), and Spain ($354k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Petroleum Resins exports accounted up to SEK20.3M and imports accounted up to SEK27.3M, resulting in a negative trade balance of SEK6.98M. Between November 2023 and November 2024 the exports of Sweden's   Petroleum Resins have increased by SEK8.56M (72.8%) from SEK11.8M to SEK20.3M, while imports decreased by SEK-1.08M (-3.81%) from SEK28.4M to SEK27.3M.

Destinations In November 2024, Petroleum Resins were exported mostly to United Kingdom (SEK11.8M), Denmark (SEK2.8M), Netherlands (SEK1.05M), United States (SEK862k), and Norway (SEK647k), and were imported mostly from Germany (SEK15.8M), Belgium (SEK3.73M), Italy (SEK2.71M), Netherlands (SEK1.16M), and Spain (SEK1.13M).

Growth In November 2024, the increase in Petroleum Resins's year-by-year exports was explained primarily by an increase in exports to United Kingdom (SEK18.8M or 134k%), Germany (SEK1.12M or 1.47k%), and Finland (SEK701k or 241%). In November 2024, the decrease in Petroleum Resins's year-by-year imports was explained primarily by a decrease in imports from South Korea (SEK-3.2M or -80%), Denmark (SEK-1.04M or -62.2%), and Finland (SEK-424k or -62.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK8.56M(72.8%)
IMPORT GROWTH (November 2023 - November 2024)SEK-1.08M(-3.81%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United KingdomSEK11.8M

This section shows Petroleum Resins'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 Petroleum Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$30.7M
IMPORTS (2023)$42.4M
NET TRADE (2023)-$11.7M

In 2023, Sweden exported $30.7M in Petroleum Resins. The main destinations of Sweden exports on Petroleum Resins were United Kingdom ($14.8M), Netherlands ($5.15M), Germany ($3.35M), Denmark ($3.07M), and United States ($1.06M).

In 2023, Sweden imported $42.4M in Petroleum Resins, mainly from Germany ($12.4M), Netherlands ($5.93M), France ($4.59M), Belgium ($3.58M), and Denmark ($3.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
United Kingdom$4.06M (37.9%)
Netherlands$2.23M (76.5%)
Estonia$342k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Sweden WERE (2022 - 2023):
Denmark-$1.52M (-33.1%)
Germany-$1.06M (-24.1%)
Brazil-$689k (-99%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Petroleum Resins were:
China $1.2B
United States $1.15B
Germany $1.08B
In 2023, Sweden's main importing competitors in Petroleum Resins were:
China $757M
Germany $578M
United States $568M

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.2M
TOP IMPORT POTENTIALChina+ $1.42M

Petroleum Resins’s highest export potential is Germany. With an export gap of $1.2M.   Petroleum Resins’s highest import potential is China with an import gap of $1.42M.

See methodology.

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