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2022
Exports $216kWorld Rnk 87 / 124
Flag Rnk 1084 / 1212
2022
Destination $132k Denmark
2021 - 2022
FASTEST GROWING MARKET $132kDenmark
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2022
Imports $142MWorld Rnk 49 / 174
Flag Rnk 255 / 1213
2022
Origin $17.8M Norway
2021 - 2022
FASTEST GROWING ORIGIN $17.8MNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $216k in Soybean Meal, making it the 87th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 1084th most exported product in Sweden. The main destination of Soybean Meal exports from Sweden are: Denmark ($132k), France ($41.4k), Netherlands ($39.5k), and Norway ($2.85k).

The fastest growing export markets for Soybean Meal of Sweden between 2021 and 2022 were Denmark ($132k), France ($41.4k), and Netherlands ($31.5k).

Imports In 2022, Sweden imported $142M in Soybean Meal, becoming the 49th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 255th most imported product in Sweden. Sweden imports Soybean Meal primarily from: Norway ($81M), Netherlands ($26.4M), Denmark ($9.57M), China ($7.3M), and Russia ($4.82M).

The fastest growing import markets in Soybean Meal for Sweden between 2021 and 2022 were Netherlands ($17.8M), Norway ($9.39M), and Latvia ($4.65M).

Latest Trends

March 2024

About

Overview In March 2024 Sweden's Soybean Meal exports accounted up to SEK292k and imports accounted up to SEK142M, resulting in a negative trade balance of SEK142M. Between August 2017 and March 2024 the exports of Sweden's   Soybean Meal have increased by SEK291k (29.1k%) from SEK1k to SEK292k, while imports increased by SEK29.5M (26.1%) from SEK113M to SEK142M.

Destinations In March 2024, Soybean Meal were exported mostly to , and were imported mostly from Norway (SEK87.4M), Netherlands (SEK33.9M), and Denmark (SEK20.9M).

Growth In March 2024, the increase in Soybean Meal's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Soybean Meal's year-by-year imports was explained primarily by an increase in imports from Norway (SEK103M or 227%) and Denmark (SEK3.74M or 45.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2017 - March 2024)SEK291k(29.1k%)
IMPORT GROWTH (September 2023 - September 2024)SEK29.5M(26.1%)
MAIN EXPORTER (March 2024)undefined2.82M
MAIN DESTINATION (March 2024)

This section shows Soybean Meal'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 Soybean Meal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$216k
IMPORTS (2022)$142M
NET TRADE (2022)-$142M

In 2022, Sweden exported $216k in Soybean Meal. The main destinations of Sweden exports on Soybean Meal were Denmark ($132k), France ($41.4k), Netherlands ($39.5k), and Norway ($2.85k).

In 2022, Sweden imported $142M in Soybean Meal, mainly from Norway ($81M), Netherlands ($26.4M), Denmark ($9.57M), China ($7.3M), and Russia ($4.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$132k (1%)
France$41.4k (1%)
Netherlands$31.5k (391%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, Sweden's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $64.4k
TOP IMPORT POTENTIALGermany+ $2.62M

Soybean Meal’s highest export potential is France. With an export gap of $64.4k.   Soybean Meal’s highest import potential is Germany with an import gap of $2.62M.

See methodology.

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