Seed Oils in Sweden | The Observatory of Economic Complexity

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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

January 2024

About

Overview In January 2024 Sweden's Seed Oils exports accounted up to SEK15.8M and imports accounted up to SEK72.2M, resulting in a negative trade balance of SEK56.5M. Between January 2023 and January 2024 the exports of Sweden's Seed Oils have decreased by SEK-5.66M (-26.4%) from SEK21.4M to SEK15.8M, while imports decreased by SEK-11.6M (-13.8%) from SEK83.8M to SEK72.2M.

Destinations In January 2024, Seed Oils were exported mostly to Germany (SEK3.8M), Norway (SEK3.56M), Netherlands (SEK2.57M), Finland (SEK1.11M), and Thailand (SEK979k), and were imported mostly from Netherlands (SEK38.4M), Germany (SEK11.4M), Ukraine (SEK10.1M), Poland (SEK5.32M), and Hungary (SEK1.81M).

Growth In January 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 January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-5.66M(-26.4%)

IMPORT GROWTH (January 2023 - January 2024)SEK-11.6M(-13.8%)

MAIN EXPORTER (January 2024)undefined15.8M

MAIN DESTINATION (January 2024)GermanySEK3.8M

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

Trade Value

Growth

Growth (%)

Year

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).

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