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2023
Exports $30.9MWorld Rnk 34 / 150
Flag Rnk 423 / 1210
2023
Destination $717k Germany
2022 - 2023
FASTEST GROWING MARKET $717kMexico
2023
PRODUCT COMPLEXITY IN Seed Oils-0.97Rnk 825 / 1025
2023
Imports $76.4MWorld Rnk 39 / 216
Flag Rnk 362 / 1213
2023
Origin $1.74M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $1.74MUkraine
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $30.9M in Seed Oils, making it the 34th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 423rd most exported product in Sweden. The main destination of Seed Oils exports from Sweden are: Germany ($9.55M), Netherlands ($9.46M), Norway ($4.69M), Poland ($1.89M), and Italy ($1.04M).

The fastest growing export markets for Seed Oils of Sweden between 2022 and 2023 were Mexico ($717k), Norway ($452k), and Thailand ($410k).

Imports In 2023, Sweden imported $76.4M in Seed Oils, becoming the 39th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 362nd most imported product in Sweden. Sweden imports Seed Oils primarily from: Netherlands ($37.5M), Germany ($13.9M), Ukraine ($9.93M), Poland ($5.49M), and Greece ($2.32M).

The fastest growing import markets in Seed Oils for Sweden between 2022 and 2023 were Ukraine ($1.74M), Germany ($1.58M), and Hungary ($1.32M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Seed Oils exports accounted up to SEK11.2M and imports accounted up to SEK65.4M, resulting in a negative trade balance of SEK54.2M. Between November 2023 and November 2024 the exports of Sweden's   Seed Oils have decreased by SEK-5.53M (-33%) from SEK16.7M to SEK11.2M, while imports decreased by SEK-5.31M (-7.51%) from SEK70.7M to SEK65.4M.

Destinations In November 2024, Seed Oils were exported mostly to Germany (SEK2.96M), Norway (SEK2.43M), Netherlands (SEK1.28M), Belgium (SEK764k), and United States (SEK684k), and were imported mostly from Netherlands (SEK41.8M), Germany (SEK10.1M), Ukraine (SEK7.91M), Turkey (SEK2.25M), and Poland (SEK2.22M).

Growth In November 2024, the decrease in Seed Oils's year-by-year exports was explained primarily by a decrease in exports to Italy (SEK-751k or -93.2%), Netherlands (SEK-544k or -87.6%), and Chile (SEK-481k or -49.6%). In November 2024, the decrease in Seed Oils's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-20.2M or -74.7%), Lithuania (SEK-777k or -96.2%), and Italy (SEK-85k or -35.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-5.53M(-33%)
IMPORT GROWTH (November 2023 - November 2024)SEK-5.31M(-7.51%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)GermanySEK2.96M

This section shows Seed Oils'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 Seed Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$30.9M
IMPORTS (2023)$76.4M
NET TRADE (2023)-$45.5M

In 2023, Sweden exported $30.9M in Seed Oils. The main destinations of Sweden exports on Seed Oils were Germany ($9.55M), Netherlands ($9.46M), Norway ($4.69M), Poland ($1.89M), and Italy ($1.04M).

In 2023, Sweden imported $76.4M in Seed Oils, mainly from Netherlands ($37.5M), Germany ($13.9M), Ukraine ($9.93M), Poland ($5.49M), and Greece ($2.32M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Mexico$717k (2.47k%)
Norway$452k (10.7%)
Thailand$410k (1.52k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Sweden WERE (2022 - 2023):
Germany-$964k (-9.17%)
Netherlands-$813k (-7.92%)
Chile-$359k (-78.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Sweden's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.1M
TOP IMPORT POTENTIALUkraine+ $7M

Seed Oils’s highest export potential is Poland. With an export gap of $1.1M.   Seed Oils’s highest import potential is Ukraine with an import gap of $7M.

See methodology.

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