Chemical Analysis Instruments in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $1.18B in Chemical Analysis Instruments, making it the 10th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 28th most exported product in Sweden. The main destination of Chemical Analysis Instruments exports from Sweden are: United States ($329M), Singapore ($223M), China ($109M), South Korea ($65.6M), and Germany ($59.9M).

The fastest growing export markets for Chemical Analysis Instruments of Sweden between 2021 and 2022 were Singapore ($46.9M), South Korea ($30.1M), and United States ($26.3M).

Imports In 2022, Sweden imported $601M in Chemical Analysis Instruments, becoming the 21st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 59th most imported product in Sweden. Sweden imports Chemical Analysis Instruments primarily from: United States ($213M), Germany ($117M), Netherlands ($46.9M), United Kingdom ($37.7M), and Japan ($36.8M).

The fastest growing import markets in Chemical Analysis Instruments for Sweden between 2021 and 2022 were India ($5.74M), Netherlands ($5.43M), and Japan ($3.22M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Chemical Analysis Instruments from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Chemical Analysis Instruments exports accounted up to SEK721M and imports accounted up to SEK457M, resulting in a positive trade balance of SEK264M. Between December 2022 and December 2023 the exports of Sweden's Chemical Analysis Instruments have decreased by SEK-345M (-32.4%) from SEK1.07B to SEK721M, while imports increased by SEK22.7M (5.24%) from SEK434M to SEK457M.

Destinations In December 2023, Chemical Analysis Instruments were exported mostly to United States (SEK229M), Singapore (SEK84.7M), China (SEK61M), South Korea (SEK47.8M), and Germany (SEK35.6M), and were imported mostly from United States (SEK128M), Germany (SEK87.8M), Netherlands (SEK82.8M), United Kingdom (SEK22.3M), and France (SEK21.6M).

Growth In December 2023, the decrease in Chemical Analysis Instruments's year-by-year exports was explained primarily by a decrease in exports to Switzerland (SEK-40M or -73.9%), Belgium (SEK-30.7M or -67.9%), and Ireland (SEK-26.4M or -77.2%). In December 2023, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from United States (SEK23.1M or 15.9%), Canada (SEK17.9M or 689%), and United Kingdom (SEK15.9M or 71.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-345M(-32.4%)

IMPORT GROWTH (December 2022 - December 2023)SEK22.7M(5.24%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)United StatesSEK229M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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