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2022
Exports $44.4MWorld Rnk 45 / 175
Flag Rnk 389 / 1212
2022
Destination $3.26M Finland
2021 - 2022
FASTEST GROWING MARKET $3.26MUnited States
2022
PRODUCT COMPLEXITY IN Processed Crustaceans-1.65Rnk 967 / 1025
2022
Imports $193MWorld Rnk 21 / 224
Flag Rnk 194 / 1213
2022
Origin $7.01MN/A
2021 - 2022
FASTEST GROWING ORIGIN $7.01MAlbania
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $44.4M in Processed Crustaceans, making it the 45th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 389th most exported product in Sweden. The main destination of Processed Crustaceans exports from Sweden are: Finland ($7.44M), United States ($5.92M), Norway ($5.28M), Netherlands ($4.86M), and Denmark ($4.51M).

The fastest growing export markets for Processed Crustaceans of Sweden between 2021 and 2022 were United States ($3.26M), Finland ($815k), and Netherlands ($730k).

Imports In 2022, Sweden imported $193M in Processed Crustaceans, becoming the 21st largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 194th most imported product in Sweden. Sweden imports Processed Crustaceans primarily from: N/A.

The fastest growing import markets in Processed Crustaceans for Sweden between 2021 and 2022 were Albania ($7.01M), Vietnam ($1.76M), and Canada ($799k).

Latest Trends

March 2024

About

Overview In March 2024 Sweden's Processed Crustaceans exports accounted up to SEK20.8M and imports accounted up to SEK151M, resulting in a negative trade balance of SEK131M. Between March 2023 and March 2024 the exports of Sweden's   Processed Crustaceans have decreased by SEK-4.88M (-19%) from SEK25.7M to SEK20.8M, while imports decreased by SEK-10.9M (-6.69%) from SEK162M to SEK151M.

Destinations In March 2024, Processed Crustaceans were exported mostly to Norway (SEK3.51M), Finland (SEK3.44M), Estonia (SEK2.79M), Italy (SEK2.34M), and France (SEK1.87M), and were imported mostly from Denmark (SEK46.3M), Norway (SEK31.2M), Bulgaria (SEK17M), Albania (SEK16.4M), and Morocco (SEK10.1M).

Growth In March 2024, the decrease in Processed Crustaceans's year-by-year exports was explained primarily by a decrease in exports to Lithuania (SEK-569k or -49.8%), Poland (SEK-391k or -37.6%), and Latvia (SEK-330k or -35.1%). In March 2024, the decrease in Processed Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Albania (SEK-9.24M or -51.8%), Denmark (SEK-6.04M or -15.5%), and Canada (SEK-5.03M or -57.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)SEK-4.88M(-19%)
IMPORT GROWTH (March 2023 - March 2024)SEK-10.9M(-6.69%)
MAIN EXPORTER (March 2024)undefined22.7M
MAIN DESTINATION (March 2024)NorwaySEK3.51M

This section shows Processed Crustaceans'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 Processed Crustaceans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.4M
IMPORTS (2022)$193M
NET TRADE (2022)-$149M

In 2022, Sweden exported $44.4M in Processed Crustaceans. The main destinations of Sweden exports on Processed Crustaceans were Finland ($7.44M), United States ($5.92M), Norway ($5.28M), Netherlands ($4.86M), and Denmark ($4.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$3.26M (122%)
Finland$815k (12.3%)
Netherlands$730k (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Sweden WERE (2021 - 2022):
Italy-$2.13M (-56%)
France-$1.17M (-21.5%)
Germany-$443k (-24.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
Indonesia $1.53B
In 2022, Sweden's main importing competitors in Processed Crustaceans were:
United States $4.38B
Japan $2.15B
China $1.76B

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.11M
TOP IMPORT POTENTIALChina+ $5.01M

Processed Crustaceans’s highest export potential is Germany. With an export gap of $1.11M.   Processed Crustaceans’s highest import potential is China with an import gap of $5.01M.

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