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%).