Packaged Medicaments in Sweden 2020 Exports | Imports : $9.29B | $2.92B, World Rnk 14 / 210 Rnk 2 / 1211 | World Rnk 26 / 224 Rnk 7 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.17B | $95.4M, United States | Germany
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.6, Rnk 320 / 1029
Exports In 2020, Sweden exported $9.29B in Packaged Medicaments, making it the 14th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Sweden. The main destination of Packaged Medicaments exports from Sweden are: China ($1.82B), United States ($1.54B), Japan ($868M), Germany ($616M), and France ($525M).
The fastest growing export markets for Packaged Medicaments of Sweden between 2019 and 2020 were United States ($1.17B), France ($161M), and Japan ($115M).
Imports In 2020, Sweden imported $2.92B in Packaged Medicaments, becoming the 26th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Sweden. Sweden imports Packaged Medicaments primarily from: Germany ($512M), Denmark ($418M), Netherlands ($304M), France ($267M), and Belgium ($265M).
The fastest growing import markets in Packaged Medicaments for Sweden between 2019 and 2020 were Germany ($95.4M), Belgium ($41.9M), and United States ($34.1M).
November 2022
Overview In November 2022 Sweden's Packaged Medicaments exports accounted up to SEK7.87B and imports accounted up to SEK2.43B, resulting in a positive trade balance of SEK5.44B. Between November 2021 and November 2022 the exports of Sweden's Packaged Medicaments have increased by SEK468M (6.32%) from SEK7.4B to SEK7.87B, while imports increased by SEK225M (10.2%) from SEK2.21B to SEK2.43B.
Destinations In November 2022, Packaged Medicaments were exported mostly to Germany (SEK1.25B), United States (SEK930M), China (SEK826M), Japan (SEK550M), and Norway (SEK478M), and were imported mostly from Denmark (SEK628M), Germany (SEK420M), Netherlands (SEK252M), Ireland (SEK214M), and Italy (SEK185M).
Growth In November 2022, the increase in Packaged Medicaments's year-by-year exports was explained primarily by an increase in exports to United States (SEK295M or 24.1%), Italy (SEK202M or 172%), and United Kingdom (SEK70.5M or 41.2%). In November 2022, the increase in Packaged Medicaments's year-by-year imports was explained primarily by an increase in imports from Italy (SEK142M or 166%), Belgium (SEK67.6M or 27.5%), and Denmark (SEK54.9M or 9.39%).
EXPORT GROWTH (November 2021 - November 2022): SEK468M, (6.32%)
IMPORT GROWTH (November 2021 - November 2022): SEK225M, (10.2%)
MAIN DESTINATION (November 2022): Germany, SEK1.25B
This section shows Packaged Medicaments'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 Packaged Medicaments over time.
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EXPORTS (2020): $9.29B
IMPORTS (2020): $2.92B
NET TRADE (2020): $6.37B
In 2020, Sweden exported $9.29B in Packaged Medicaments. The main destinations of Sweden exports on Packaged Medicaments were China ($1.82B), United States ($1.54B), Japan ($868M), Germany ($616M), and France ($525M).
In 2020, Sweden imported $2.92B in Packaged Medicaments, mainly from Germany ($512M), Denmark ($418M), Netherlands ($304M), France ($267M), and Belgium ($265M).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Sweden WERE (2019 - 2020):
In 2020, Sweden's main exporting competitors in Packaged Medicaments were:
In 2020, Sweden's main importing competitors in Packaged Medicaments were:
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