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2023
Exports $118MWorld Rnk 16 / 175
Flag Rnk 226 / 1210
2023
Destination $3.4M Netherlands
2022 - 2023
FASTEST GROWING MARKET $3.4MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Bandages0.86Rnk 224 / 1025
2023
Imports $145MWorld Rnk 17 / 221
Flag Rnk 236 / 1213
2023
Origin $4.21M Czechia
2022 - 2023
FASTEST GROWING ORIGIN $4.21MCzechia
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $118M in Bandages, making it the 16th largest exporter of Bandages in the world. At the same year, Bandages was the 226th most exported product in Sweden. The main destination of Bandages exports from Sweden are: Netherlands ($23.2M), Denmark ($20.3M), Germany ($13.6M), Finland ($12.8M), and United Kingdom ($6.74M).

The fastest growing export markets for Bandages of Sweden between 2022 and 2023 were United Kingdom ($3.4M), Denmark ($2.33M), and South Korea ($1.59M).

Imports In 2023, Sweden imported $145M in Bandages, becoming the 17th largest importer of Bandages in the world. At the same year, Bandages was the 236th most imported product in Sweden. Sweden imports Bandages primarily from: Czechia ($25.3M), Netherlands ($21.2M), Belgium ($17.7M), Germany ($17M), and China ($16.6M).

The fastest growing import markets in Bandages for Sweden between 2022 and 2023 were Czechia ($4.21M), Estonia ($1.85M), and Germany ($1.4M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Bandages exports accounted up to SEK157M and imports accounted up to SEK157M, resulting in a positive trade balance of SEK66k. Between October 2023 and October 2024 the exports of Sweden's   Bandages have increased by SEK23M (17.2%) from SEK134M to SEK157M, while imports increased by SEK10.2M (6.98%) from SEK146M to SEK157M.

Destinations In October 2024, Bandages were exported mostly to Norway (SEK29.6M), Netherlands (SEK26.8M), Denmark (SEK23.8M), Finland (SEK21.8M), and Estonia (SEK19.2M), and were imported mostly from Netherlands (SEK25.1M), Czechia (SEK24.4M), China (SEK24.2M), Belgium (SEK22.3M), and Estonia (SEK19.2M).

Growth In October 2024, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Norway (SEK7.81M or 35.9%), Bulgaria (SEK5.18M or 86.4k%), and Denmark (SEK3.05M or 19.3%). In October 2024, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Czechia (SEK4.94M or 37.3%), Belgium (SEK4.14M or 32.2%), and Netherlands (SEK4.13M or 27.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK23M(17.2%)
IMPORT GROWTH (October 2023 - October 2024)SEK10.2M(6.98%)
MAIN EXPORTER (October 2024)undefined157M
MAIN DESTINATION (October 2024)NorwaySEK29.6M

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$118M
IMPORTS (2023)$145M
NET TRADE (2023)-$26.8M

In 2023, Sweden exported $118M in Bandages. The main destinations of Sweden exports on Bandages were Netherlands ($23.2M), Denmark ($20.3M), Germany ($13.6M), Finland ($12.8M), and United Kingdom ($6.74M).

In 2023, Sweden imported $145M in Bandages, mainly from Czechia ($25.3M), Netherlands ($21.2M), Belgium ($17.7M), Germany ($17M), and China ($16.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
United Kingdom$3.4M (102%)
Denmark$2.33M (13%)
South Korea$1.59M (318%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Sweden WERE (2022 - 2023):
United States-$7.78M (-78.6%)
Finland-$1.42M (-10%)
Czechia-$629k (-65.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Bandages were:
China $2.61B
United States $1.07B
Germany $951M
In 2023, Sweden's main importing competitors in Bandages were:
United States $1.61B
Germany $1.02B
Netherlands $700M

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.13M
TOP IMPORT POTENTIALChina+ $7.52M

Bandages’s highest export potential is United States. With an export gap of $6.13M.   Bandages’s highest import potential is China with an import gap of $7.52M.

See methodology.

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