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2022
Exports $25.9MWorld Rnk 31 / 193
Flag Rnk 490 / 1212
2022
Destination $659k Norway
2021 - 2022
FASTEST GROWING MARKET $659kNorway
2022
PRODUCT COMPLEXITY IN Knit Active Wear-0.86Rnk 791 / 1025
2022
Imports $54.1MWorld Rnk 25 / 212
Flag Rnk 444 / 1213
2022
Origin $2.24M China
2021 - 2022
FASTEST GROWING ORIGIN $2.24MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $25.9M in Knit Active Wear, making it the 31st largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 490th most exported product in Sweden. The main destination of Knit Active Wear exports from Sweden are: Norway ($6.11M), Denmark ($5.52M), Finland ($3.52M), Poland ($2.47M), and Germany ($1.93M).

The fastest growing export markets for Knit Active Wear of Sweden between 2021 and 2022 were Norway ($659k), Poland ($634k), and Germany ($469k).

Imports In 2022, Sweden imported $54.1M in Knit Active Wear, becoming the 25th largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 444th most imported product in Sweden. Sweden imports Knit Active Wear primarily from: China ($13.8M), Germany ($8.78M), Bangladesh ($5.68M), Denmark ($4.25M), and Netherlands ($3.49M).

The fastest growing import markets in Knit Active Wear for Sweden between 2021 and 2022 were China ($2.24M), Bangladesh ($1.4M), and Hong Kong ($828k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Knit Active Wear exports accounted up to SEK35.2M and imports accounted up to SEK55.6M, resulting in a negative trade balance of SEK20.4M. Between May 2023 and May 2024 the exports of Sweden's   Knit Active Wear have decreased by SEK-408k (-1.15%) from SEK35.6M to SEK35.2M, while imports decreased by SEK-6.81M (-10.9%) from SEK62.4M to SEK55.6M.

Destinations In May 2024, Knit Active Wear were exported mostly to Norway (SEK13.4M), Finland (SEK6.05M), Denmark (SEK3.18M), Germany (SEK2.99M), and Poland (SEK2.62M), and were imported mostly from China (SEK13.9M), Bangladesh (SEK10.4M), Poland (SEK6.6M), Germany (SEK5.32M), and Norway (SEK3.41M).

Growth In May 2024, the decrease in Knit Active Wear's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-345k or -42.8%), Iceland (SEK-324k or -90.5%), and United States (SEK-118k or -16.5%). In May 2024, the decrease in Knit Active Wear's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-1.05M or -42.2%), Germany (SEK-607k or -8.91%), and United Kingdom (SEK-221k or -32.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-408k(-1.15%)
IMPORT GROWTH (May 2023 - May 2024)SEK-6.81M(-10.9%)
MAIN EXPORTER (May 2024)undefined35.2M
MAIN DESTINATION (May 2024)NorwaySEK13.4M

This section shows Knit Active Wear'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 Knit Active Wear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.9M
IMPORTS (2022)$54.1M
NET TRADE (2022)-$28.2M

In 2022, Sweden exported $25.9M in Knit Active Wear. The main destinations of Sweden exports on Knit Active Wear were Norway ($6.11M), Denmark ($5.52M), Finland ($3.52M), Poland ($2.47M), and Germany ($1.93M).

In 2022, Sweden imported $54.1M in Knit Active Wear, mainly from China ($13.8M), Germany ($8.78M), Bangladesh ($5.68M), Denmark ($4.25M), and Netherlands ($3.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$659k (12.1%)
Poland$634k (34.5%)
Germany$469k (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY Sweden WERE (2021 - 2022):
Finland-$713k (-16.8%)
Denmark-$317k (-5.43%)
Austria-$246k (-56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Knit Active Wear were:
China $2.33B
Vietnam $632M
Germany $400M
In 2022, Sweden's main importing competitors in Knit Active Wear were:
United States $1.42B
Germany $708M
United Kingdom $426M

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Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.21M
TOP IMPORT POTENTIALChina+ $3.84M

Knit Active Wear’s highest export potential is Germany. With an export gap of $1.21M.   Knit Active Wear’s highest import potential is China with an import gap of $3.84M.

See methodology.

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