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2022
Exports $62.2MWorld Rnk 25 / 113
Flag Rnk 332 / 1212
2022
Destination $4.49M Norway
2021 - 2022
FASTEST GROWING MARKET $4.49MPoland
2022
PRODUCT COMPLEXITY IN Rapeseed Oil0.26Rnk 466 / 1025
2022
Imports $234MWorld Rnk 11 / 208
Flag Rnk 163 / 1213
2022
Origin $1.21M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $1.21MEstonia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $62.2M in Rapeseed Oil, making it the 25th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 332nd most exported product in Sweden. The main destination of Rapeseed Oil exports from Sweden are: Norway ($23.5M), Netherlands ($13.5M), Poland ($6.48M), Romania ($2.18M), and Germany ($2.13M).

The fastest growing export markets for Rapeseed Oil of Sweden between 2021 and 2022 were Poland ($4.49M), Norway ($2.83M), and Netherlands ($2.83M).

Imports In 2022, Sweden imported $234M in Rapeseed Oil, becoming the 11th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 163rd most imported product in Sweden. Sweden imports Rapeseed Oil primarily from: Denmark ($142M), United Kingdom ($23.3M), Germany ($22.4M), Belgium ($14.2M), and France ($9.56M).

The fastest growing import markets in Rapeseed Oil for Sweden between 2021 and 2022 were Estonia ($1.21M), Belgium ($1.07M), and Italy ($127k).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Rapeseed Oil exports accounted up to SEK41.2M and imports accounted up to SEK117M, resulting in a negative trade balance of SEK76.1M. Between July 2023 and July 2024 the exports of Sweden's   Rapeseed Oil have decreased by SEK-8.05M (-16.4%) from SEK49.2M to SEK41.2M, while imports decreased by SEK-53.9M (-31.5%) from SEK171M to SEK117M.

Destinations In July 2024, Rapeseed Oil were exported mostly to Norway (SEK18.5M), Netherlands (SEK10M), Denmark (SEK2.32M), Poland (SEK2.19M), and Romania (SEK1.26M), and were imported mostly from Denmark (SEK79.5M), Germany (SEK14.6M), Belgium (SEK8.07M), Finland (SEK6.5M), and Italy (SEK2.91M).

Growth In July 2024, the decrease in Rapeseed Oil's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-1.81M or -93.4%), Netherlands (SEK-105k or -0.93%), and Finland (SEK-39k or -2.16%). In July 2024, the decrease in Rapeseed Oil's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (SEK-46.4M or -100%), Netherlands (SEK-2.65M or -66%), and India (SEK-33k or -86.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-8.05M(-16.4%)
IMPORT GROWTH (July 2023 - July 2024)SEK-53.9M(-31.5%)
MAIN EXPORTER (July 2024)undefined47.6M
MAIN DESTINATION (July 2024)NorwaySEK18.5M

This section shows Rapeseed 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 Rapeseed Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$62.2M
IMPORTS (2022)$234M
NET TRADE (2022)-$171M

In 2022, Sweden exported $62.2M in Rapeseed Oil. The main destinations of Sweden exports on Rapeseed Oil were Norway ($23.5M), Netherlands ($13.5M), Poland ($6.48M), Romania ($2.18M), and Germany ($2.13M).

In 2022, Sweden imported $234M in Rapeseed Oil, mainly from Denmark ($142M), United Kingdom ($23.3M), Germany ($22.4M), Belgium ($14.2M), and France ($9.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Poland$4.49M (226%)
Norway$2.83M (13.7%)
Netherlands$2.83M (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Sweden WERE (2021 - 2022):
Germany-$3.72M (-63.6%)
United Kingdom-$1.73M (-97%)
Canada-$709k (-98.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Sweden's main importing competitors in Rapeseed Oil were:
United States $4.01B
China $1.49B
Netherlands $1.38B

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.26M
TOP IMPORT POTENTIALGermany+ $5.56M

Rapeseed Oil’s highest export potential is Germany. With an export gap of $2.26M.   Rapeseed Oil’s highest import potential is Germany with an import gap of $5.56M.

See methodology.

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