Packaged Medicaments in Sweden

EXPORTS (2018): $6.9B, World Rnk 15 / 190
Flag Rnk 3 / 1199

TOP DESTINATION (2018): $1.37B, China

FASTEST GROWING MARKET (2017 - 2018): $423M, United States

IMPORTS (2018): $2.53B, World Rnk 26 / 217
Flag Rnk 7 / 1208

TOP ORIGIN (2018): $447M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $51.3M, Germany

ECONOMIC COMPLEXITY of Sweden (2018): 1.66, Rnk 7 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Sweden.

Exports: In 2018, Sweden exported $6.9B in Packaged Medicaments, making it the 15th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in Sweden. The main destination of Packaged Medicaments exports from Sweden are: China ($1.37B), United States ($764M), Japan ($635M), Germany ($593M), and France ($371M).

The fastest growing export markets for Packaged Medicaments of Sweden between 2017 and 2018 were United States ($423M), China ($222M), and Norway ($180M).

Imports: In 2018, Sweden imported $2.53B in Packaged Medicaments, becoming the 26th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Sweden. Sweden imports Packaged Medicaments primarily from: Germany ($447M), Denmark ($390M), United Kingdom ($310M), Belgium-Luxembourg ($256M), and Netherlands ($194M).

The fastest growing import markets in Packaged Medicaments for Sweden between 2017 and 2018 were Germany ($51.3M), Italy ($48.6M), and Belgium-Luxembourg ($37.7M).

Overview: In July 2020 Sweden's Packaged Medicaments exports accounted up to SEK6.51B and imports accounted up to SEK2.58B, resulting in a positive trade balance of SEK3.93B. Between July 2019 and July 2020 the exports of Sweden's   Packaged Medicaments have decreased by SEK-346M (-5.04%) from SEK6.86B to SEK6.51B, while imports increased by SEK170M (7.05%) from SEK2.41B to SEK2.58B.

Destinations: In July 2020 Packaged Medicaments exported mostly to United States (SEK1.26B), China (SEK1.25B), Japan (SEK483M), Saudi Arabia (SEK384M), and Italy (SEK384M), and imported mostly from Denmark (SEK499M), Germany (SEK415M), Belgium (SEK344M), Netherlands (SEK268M), and France (SEK188M).

Growth: In July 2020, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-610M or -70.4%), United Kingdom (SEK-337M or -70.4%), and China (SEK-331M or -21%). In July 2020, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Belgium (SEK76.2M or 28.5%), Germany (SEK56.8M or 15.9%), and Switzerland (SEK56.2M or 94.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): SEK-346M, (-5.04%)

IMPORT GROWTH (July 2019 - July 2020): SEK170M, (7.05%)

MAIN DESTINATION (July 2020): United States, SEK1.26B

This section shows Packaged Medicaments'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 Packaged Medicaments over time.

Value

EXPORTS (2018): $6.9B

IMPORTS (2018): $2.53B

NET TRADE (2018): $4.37B

In 2018, Sweden exported $6.9B in Packaged Medicaments. The main destinations of Sweden exports on Packaged Medicaments were China ($1.37B), United States ($764M), Japan ($635M), Germany ($593M), and France ($371M).

In 2018, Sweden imported $2.53B in Packaged Medicaments, mainly from Germany ($447M), Denmark ($390M), United Kingdom ($310M), Belgium-Luxembourg ($256M), and Netherlands ($194M).

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IN 2018, Sweden HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • China, $1.37B ($1.37B - $7.42M)
  • United States, $660M ($764M - $105M)
  • Japan, $628M ($635M - $7.35M)

IN 2018, Sweden HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Denmark, -$292M ($98.3M - $390M)
  • Netherlands, -$147M ($47.6M - $194M)
  • United Kingdom, -$120M ($191M - $310M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Sweden WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Sweden WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Sweden's main exporting competitors in Packaged Medicaments were:

In 2018, Sweden's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Sweden. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 1989, the tariffs for Packaged Medicaments in the imports of Sweden were of 0% around the world.

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