Packing Bags in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $16.2M in Packing Bags, making it the 49th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 562nd most exported product in Sweden. The main destination of Packing Bags exports from Sweden are: Denmark ($6.02M), Finland ($3.59M), Germany ($2.16M), Norway ($914k), and France ($814k).

The fastest growing export markets for Packing Bags of Sweden between 2021 and 2022 were United Kingdom ($609k), Germany ($418k), and Japan ($219k).

Imports In 2022, Sweden imported $51.9M in Packing Bags, becoming the 25th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 452nd most imported product in Sweden. Sweden imports Packing Bags primarily from: India ($13.5M), Thailand ($5.22M), Denmark ($4.71M), Turkey ($4.35M), and Estonia ($3.93M).

The fastest growing import markets in Packing Bags for Sweden between 2021 and 2022 were Ukraine ($1.97M), Estonia ($1.55M), and India ($1.09M).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Packing Bags exports accounted up to SEK17.9M and imports accounted up to SEK27.5M, resulting in a negative trade balance of SEK9.65M. Between January 2023 and January 2024 the exports of Sweden's Packing Bags have decreased by SEK-3.63M (-16.9%) from SEK21.5M to SEK17.9M, while imports decreased by SEK-6.34M (-18.7%) from SEK33.9M to SEK27.5M.

Destinations In January 2024, Packing Bags were exported mostly to Denmark (SEK7.12M), Finland (SEK3.86M), France (SEK1.3M), Germany (SEK1.23M), and Norway (SEK1.2M), and were imported mostly from India (SEK8.64M), Ukraine (SEK5.01M), Turkey (SEK4.49M), Thailand (SEK2.01M), and China (SEK1.6M).

Growth In January 2024, the decrease in Packing Bags's year-by-year exports was explained primarily by a decrease in exports to Japan (SEK-885k or -97.1%), Switzerland (SEK-804k or -98.5%), and Norway (SEK-126k or -12.5%). In January 2024, the decrease in Packing Bags's year-by-year imports was explained primarily by a decrease in imports from Thailand (SEK-3.85M or -60%), India (SEK-3.6M or -28.9%), and Bulgaria (SEK-2.25M or -98.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-3.63M(-16.9%)

IMPORT GROWTH (January 2023 - January 2024)SEK-6.34M(-18.7%)

MAIN EXPORTER (January 2024)undefined17.9M

MAIN DESTINATION (January 2024)DenmarkSEK7.12M

This section shows Packing Bags'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 Packing Bags over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$16.2M

IMPORTS (2022)$51.9M

NET TRADE (2022)-$35.7M

In 2022, Sweden exported $16.2M in Packing Bags. The main destinations of Sweden exports on Packing Bags were Denmark ($6.02M), Finland ($3.59M), Germany ($2.16M), Norway ($914k), and France ($814k).

In 2022, Sweden imported $51.9M in Packing Bags, mainly from India ($13.5M), Thailand ($5.22M), Denmark ($4.71M), Turkey ($4.35M), and Estonia ($3.93M).

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