Packaged Medicaments in Sweden 2019 Exports | Imports : $8.04B | $2.78B, World Rnk 13 / 205 Rnk 2 / 1212 | World Rnk 26 / 224 Rnk 7 / 1210
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $418M | $90.7M, United States | Netherlands
2019 ECONOMIC COMPLEXITY of Sweden: 1.65, Rnk 8 / 147
2019 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.64, Rnk 320 / 1029
Exports In 2019, Sweden exported $8.04B in Packaged Medicaments, making it the 13th 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 ($1.78B), United States ($1.17B), Japan ($751M), Germany ($613M), and France ($412M).
The fastest growing export markets for Packaged Medicaments of Sweden between 2018 and 2019 were United States ($418M), China ($408M), and Japan ($113M).
Imports In 2019, Sweden imported $2.78B 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: Denmark ($425M), Germany ($416M), Belgium ($301M), Netherlands ($285M), and France ($232M).
The fastest growing import markets in Packaged Medicaments for Sweden between 2018 and 2019 were Netherlands ($90.7M), Switzerland ($87.6M), and Italy ($74.9M).
June 2021
Overview In June 2021 Sweden's Packaged Medicaments exports accounted up to SEK6.85B and imports accounted up to SEK2.32B, resulting in a positive trade balance of SEK4.53B. Between June 2020 and June 2021 the exports of Sweden's Packaged Medicaments have decreased by SEK-2.3B (-25.1%) from SEK9.15B to SEK6.85B, while imports decreased by SEK-224M (-8.8%) from SEK2.55B to SEK2.32B.
Destinations In June 2021, Packaged Medicaments were exported mostly to United States (SEK1.67B), Germany (SEK830M), United Kingdom (SEK722M), China (SEK545M), and Japan (SEK387M), and were imported mostly from Denmark (SEK612M), Germany (SEK369M), Belgium (SEK310M), Netherlands (SEK251M), and Italy (SEK170M).
Growth In June 2021, the decrease in Packaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-1.93B or -53.6%), China (SEK-1.12B or -67.4%), and Japan (SEK-214M or -35.6%). In June 2021, the decrease in Packaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (SEK-172M or -89.2%), Netherlands (SEK-68.8M or -21.5%), and France (SEK-52.3M or -36.8%).
EXPORT GROWTH (June 2020 - June 2021): SEK-2.3B, (-25.1%)
IMPORT GROWTH (June 2020 - June 2021): SEK-224M, (-8.8%)
MAIN DESTINATION (June 2021): United States, SEK1.67B
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 (2019): $8.04B
IMPORTS (2019): $2.78B
NET TRADE (2019): $5.26B
In 2019, Sweden exported $8.04B in Packaged Medicaments. The main destinations of Sweden exports on Packaged Medicaments were China ($1.78B), United States ($1.17B), Japan ($751M), Germany ($613M), and France ($412M).
In 2019, Sweden imported $2.78B in Packaged Medicaments, mainly from Denmark ($425M), Germany ($416M), Belgium ($301M), Netherlands ($285M), and France ($232M).
IN 2019, Sweden HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:
IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Sweden WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Sweden WERE (2018 - 2019):
In 2019, Sweden's main exporting competitors in Packaged Medicaments were:
In 2019, Sweden's main importing competitors in Packaged Medicaments were:
In 1989, the tariffs for Packaged Medicaments in the imports of Sweden were of 0% around the world.