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2022
Exports $452MWorld Rnk 22 / 207
Flag Rnk 87 / 1212
2022
Destination $8.64M United States
2021 - 2022
FASTEST GROWING MARKET $8.64MMalaysia
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $528MWorld Rnk 24 / 221
Flag Rnk 76 / 1213
2022
Origin $12.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $12.5MMexico
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $452M in Orthopedic Appliances, making it the 22nd largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 87th most exported product in Sweden. The main destination of Orthopedic Appliances exports from Sweden are: United States ($87.1M), Netherlands ($74.8M), Germany ($47.2M), Denmark ($36.4M), and Finland ($28M).

The fastest growing export markets for Orthopedic Appliances of Sweden between 2021 and 2022 were Malaysia ($8.64M), Israel ($4.15M), and Norway ($3.01M).

Imports In 2022, Sweden imported $528M in Orthopedic Appliances, becoming the 24th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 76th most imported product in Sweden. Sweden imports Orthopedic Appliances primarily from: Netherlands ($188M), Germany ($83.2M), Belgium ($57.3M), United States ($36.6M), and Denmark ($25M).

The fastest growing import markets in Orthopedic Appliances for Sweden between 2021 and 2022 were Mexico ($12.5M), Denmark ($1.55M), and Chinese Taipei ($955k).

Latest Trends

March 2024

About

Overview In March 2024 Sweden's Orthopedic Appliances exports accounted up to SEK348M and imports accounted up to SEK451M, resulting in a negative trade balance of SEK103M. Between March 2023 and March 2024 the exports of Sweden's   Orthopedic Appliances have decreased by SEK-4.31M (-1.22%) from SEK352M to SEK348M, while imports decreased by SEK-31.6M (-6.55%) from SEK483M to SEK451M.

Destinations In March 2024, Orthopedic Appliances were exported mostly to Netherlands (SEK94.3M), Germany (SEK43.4M), United States (SEK40.8M), Finland (SEK29.6M), and Norway (SEK26.9M), and were imported mostly from Netherlands (SEK152M), Germany (SEK71.6M), Belgium (SEK68.5M), Poland (SEK21.2M), and Denmark (SEK18M).

Growth In March 2024, the decrease in Orthopedic Appliances's year-by-year exports was explained primarily by a decrease in exports to Netherlands (SEK-23.6M or -34.8%), Spain (SEK-3.76M or -78.2%), and Brazil (SEK-1.77M or -82.9%). In March 2024, the decrease in Orthopedic Appliances's year-by-year imports was explained primarily by a decrease in imports from United States (SEK-10.4M or -44%), China (SEK-3.87M or -24.9%), and France (SEK-2.41M or -28.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)SEK-4.31M(-1.22%)
IMPORT GROWTH (March 2023 - March 2024)SEK-31.6M(-6.55%)
MAIN EXPORTER (March 2024)undefined348M
MAIN DESTINATION (March 2024)NetherlandsSEK94.3M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$452M
IMPORTS (2022)$528M
NET TRADE (2022)-$75.6M

In 2022, Sweden exported $452M in Orthopedic Appliances. The main destinations of Sweden exports on Orthopedic Appliances were United States ($87.1M), Netherlands ($74.8M), Germany ($47.2M), Denmark ($36.4M), and Finland ($28M).

In 2022, Sweden imported $528M in Orthopedic Appliances, mainly from Netherlands ($188M), Germany ($83.2M), Belgium ($57.3M), United States ($36.6M), and Denmark ($25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Malaysia$8.64M (287%)
Israel$4.15M (96.2%)
Norway$3.01M (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Sweden WERE (2021 - 2022):
United Kingdom-$37.5M (-67.8%)
United States-$5.01M (-5.44%)
Spain-$3.34M (-26%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Sweden's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.5M
TOP IMPORT POTENTIALUnited States+ $20.3M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $39.5M.   Orthopedic Appliances’s highest import potential is United States with an import gap of $20.3M.

See methodology.

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