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2022
Exports $24.9MWorld Rnk 41 / 152
Flag Rnk 498 / 1212
2022
Destination $7.98M Germany
2021 - 2022
FASTEST GROWING MARKET $7.98MGermany
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $88.9MWorld Rnk 45 / 211
Flag Rnk 355 / 1213
2022
Origin $28.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $28.5MNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $24.9M in Seed Oils, making it the 41st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 498th most exported product in Sweden. The main destination of Seed Oils exports from Sweden are: Germany ($10.9M), Norway ($4.14M), Netherlands ($3.89M), Poland ($1.39M), and Italy ($743k).

The fastest growing export markets for Seed Oils of Sweden between 2021 and 2022 were Germany ($7.98M), Netherlands ($2.01M), and France ($415k).

Imports In 2022, Sweden imported $88.9M in Seed Oils, becoming the 45th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 355th most imported product in Sweden. Sweden imports Seed Oils primarily from: Netherlands ($57.8M), Germany ($11.8M), Ukraine ($7.43M), Turkey ($2.72M), and Poland ($2.41M).

The fastest growing import markets in Seed Oils for Sweden between 2021 and 2022 were Netherlands ($28.5M), Ukraine ($5.3M), and Greece ($1.28M).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Seed Oils exports accounted up to SEK10.8M and imports accounted up to SEK93.2M, resulting in a negative trade balance of SEK82.4M. Between June 2023 and June 2024 the exports of Sweden's   Seed Oils have decreased by SEK-12.9M (-54.3%) from SEK23.7M to SEK10.8M, while imports increased by SEK50.9M (120%) from SEK42.3M to SEK93.2M.

Destinations In June 2024, Seed Oils were exported mostly to Germany (SEK3.42M), Norway (SEK1.7M), Finland (SEK1.57M), Poland (SEK930k), and Italy (SEK765k), and were imported mostly from France (SEK59.5M), Netherlands (SEK13.7M), Germany (SEK9.02M), Ukraine (SEK5.36M), and Poland (SEK2.89M).

Growth In June 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 June 2024, the increase in Seed Oils's year-by-year imports was explained primarily by an increase in imports from Netherlands (SEK50.4M or 553%), Ukraine (SEK3.75M or 107%), and Turkey (SEK2.56M or 327%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-12.9M(-54.3%)
IMPORT GROWTH (June 2023 - June 2024)SEK50.9M(120%)
MAIN EXPORTER (June 2024)undefined24.8M
MAIN DESTINATION (June 2024)GermanySEK3.42M

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 (2022)$24.9M
IMPORTS (2022)$88.9M
NET TRADE (2022)-$64M

In 2022, Sweden exported $24.9M in Seed Oils. The main destinations of Sweden exports on Seed Oils were Germany ($10.9M), Norway ($4.14M), Netherlands ($3.89M), Poland ($1.39M), and Italy ($743k).

In 2022, Sweden imported $88.9M in Seed Oils, mainly from Netherlands ($57.8M), Germany ($11.8M), Ukraine ($7.43M), Turkey ($2.72M), and Poland ($2.41M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$7.98M (269%)
Netherlands$2.01M (107%)
France$415k (208%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Sweden WERE (2021 - 2022):
Greece-$253k (-40.7%)
Portugal-$244k (-92.5%)
Denmark-$236k (-45.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Sweden's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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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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