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2022
Exports $34.6MWorld Rnk 28 / 152
Flag Rnk 428 / 1212
2022
Destination $2.3M Denmark
2021 - 2022
FASTEST GROWING MARKET $2.3MFinland
2022
PRODUCT COMPLEXITY IN Fermented Milk Products-0.22Rnk 622 / 1025
2022
Imports $108MWorld Rnk 12 / 219
Flag Rnk 307 / 1213
2022
Origin $5.29M Finland
2021 - 2022
FASTEST GROWING ORIGIN $5.29MPoland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $34.6M in Fermented Milk Products, making it the 28th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 428th most exported product in Sweden. The main destination of Fermented Milk Products exports from Sweden are: Denmark ($8.57M), Norway ($7.19M), Finland ($6.88M), Netherlands ($3.39M), and Philippines ($1.26M).

The fastest growing export markets for Fermented Milk Products of Sweden between 2021 and 2022 were Finland ($2.3M), Singapore ($1.11M), and Saudi Arabia ($603k).

Imports In 2022, Sweden imported $108M in Fermented Milk Products, becoming the 12th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 307th most imported product in Sweden. Sweden imports Fermented Milk Products primarily from: Finland ($39.1M), Germany ($23.6M), Poland ($8.96M), Netherlands ($8.51M), and Belgium ($5.39M).

The fastest growing import markets in Fermented Milk Products for Sweden between 2021 and 2022 were Poland ($5.29M), Spain ($1.22M), and Germany ($1.09M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Fermented Milk Products from Sweden to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Fermented Milk Products exports accounted up to SEK15.2M and imports accounted up to SEK19M, resulting in a negative trade balance of SEK3.87M. Between July 2023 and July 2024 the exports of Sweden's   Fermented Milk Products have increased by SEK861k (6.02%) from SEK14.3M to SEK15.2M, while imports increased by SEK3.73M (24.4%) from SEK15.3M to SEK19M.

Destinations In July 2024, Fermented Milk Products were exported mostly to Philippines (SEK3.41M), Netherlands (SEK2.66M), Indonesia (SEK2.54M), Denmark (SEK2.43M), and United Arab Emirates (SEK1.28M), and were imported mostly from Finland (SEK8.3M), Germany (SEK3.86M), Denmark (SEK2.35M), Belgium (SEK1.42M), and Czechia (SEK928k).

Growth In July 2024, the increase in Fermented Milk Products's year-by-year exports was explained primarily by an increase in exports to Germany (SEK1.47M or 358%), China (SEK1.12M or 906%), and Finland (SEK826k or 23.4%). In July 2024, the increase in Fermented Milk Products's year-by-year imports was explained primarily by an increase in imports from Finland (SEK2.86M or 54.5%), Germany (SEK2.03M or 47.2%), and Poland (SEK692k or 41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK861k(6.02%)
IMPORT GROWTH (July 2023 - July 2024)SEK3.73M(24.4%)
MAIN EXPORTER (July 2024)undefined17.3M
MAIN DESTINATION (July 2024)PhilippinesSEK3.41M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.6M
IMPORTS (2022)$108M
NET TRADE (2022)-$73.2M

In 2022, Sweden exported $34.6M in Fermented Milk Products. The main destinations of Sweden exports on Fermented Milk Products were Denmark ($8.57M), Norway ($7.19M), Finland ($6.88M), Netherlands ($3.39M), and Philippines ($1.26M).

In 2022, Sweden imported $108M in Fermented Milk Products, mainly from Finland ($39.1M), Germany ($23.6M), Poland ($8.96M), Netherlands ($8.51M), and Belgium ($5.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Finland$2.3M (50.2%)
Singapore$1.11M (778%)
Saudi Arabia$603k (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Sweden WERE (2021 - 2022):
United Kingdom-$946k (-67%)
Norway-$800k (-10%)
France-$364k (-57.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Fermented Milk Products were:
Germany $1.01B
France $597M
Belgium $347M
In 2022, Sweden's main importing competitors in Fermented Milk Products were:
Italy $477M
United Kingdom $452M
Netherlands $348M

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $690k
TOP IMPORT POTENTIALFrance+ $2.07M

Fermented Milk Products’s highest export potential is France. With an export gap of $690k.   Fermented Milk Products’s highest import potential is France with an import gap of $2.07M.

See methodology.

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