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2023
Exports $55.6MWorld Rnk 23 / 117
Flag Rnk 329 / 1210
2023
Destination $812k Norway
2022 - 2023
FASTEST GROWING MARKET $812kNorway
2023
PRODUCT COMPLEXITY IN Rapeseed Oil0.16Rnk 502 / 1025
2023
Imports $241MWorld Rnk 9 / 209
Flag Rnk 146 / 1213
2023
Origin $27.8M Denmark
2022 - 2023
FASTEST GROWING ORIGIN $27.8MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $55.6M in Rapeseed Oil, making it the 23rd largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 329th most exported product in Sweden. The main destination of Rapeseed Oil exports from Sweden are: Norway ($25.1M), Netherlands ($7.78M), Germany ($3.63M), Poland ($2.73M), and Romania ($2.36M).

The fastest growing export markets for Rapeseed Oil of Sweden between 2022 and 2023 were Norway ($812k), United Kingdom ($786k), and Hungary ($669k).

Imports In 2023, Sweden imported $241M in Rapeseed Oil, becoming the 9th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 146th most imported product in Sweden. Sweden imports Rapeseed Oil primarily from: Denmark ($113M), Germany ($52M), France ($40.6M), Belgium ($19.6M), and Finland ($7.67M).

The fastest growing import markets in Rapeseed Oil for Sweden between 2022 and 2023 were Germany ($27.8M), France ($23.5M), and Belgium ($4.86M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Rapeseed Oil exports accounted up to SEK48.9M and imports accounted up to SEK147M, resulting in a negative trade balance of SEK98.4M. Between October 2023 and October 2024 the exports of Sweden's   Rapeseed Oil have decreased by SEK-1.81M (-3.56%) from SEK50.7M to SEK48.9M, while imports decreased by SEK-56.3M (-27.6%) from SEK204M to SEK147M.

Destinations In October 2024, Rapeseed Oil were exported mostly to Norway (SEK19.9M), Netherlands (SEK10M), Poland (SEK4.6M), Finland (SEK4M), and Denmark (SEK3.06M), and were imported mostly from Denmark (SEK81.4M), Germany (SEK48.2M), Belgium (SEK7.72M), Finland (SEK2.58M), and Poland (SEK2.06M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK-1.81M(-3.56%)
IMPORT GROWTH (October 2023 - October 2024)SEK-56.3M(-27.6%)
MAIN EXPORTER (October 2024)undefined48.9M
MAIN DESTINATION (October 2024)NorwaySEK19.9M

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 (2023)$55.6M
IMPORTS (2023)$241M
NET TRADE (2023)-$186M

In 2023, Sweden exported $55.6M in Rapeseed Oil. The main destinations of Sweden exports on Rapeseed Oil were Norway ($25.1M), Netherlands ($7.78M), Germany ($3.63M), Poland ($2.73M), and Romania ($2.36M).

In 2023, Sweden imported $241M in Rapeseed Oil, mainly from Denmark ($113M), Germany ($52M), France ($40.6M), Belgium ($19.6M), and Finland ($7.67M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$812k (3.35%)
United Kingdom$786k (510%)
Hungary$669k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Sweden WERE (2022 - 2023):
Poland-$8.03M (-74.6%)
Netherlands-$2.08M (-21.1%)
Germany-$963k (-21%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, Sweden's main importing competitors in Rapeseed Oil were:
United States $4.91B
China $2.6B
Netherlands $1.13B

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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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