Processed Tobacco in Sweden 2020 Exports | Imports : $422M | $45.5M, World Rnk 6 / 143 Rnk 73 / 1211 | World Rnk 41 / 209 Rnk 437 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $45.9M | $6.3M, Norway | Denmark
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Processed Tobacco: -0.76, Rnk 764 / 1029
Exports In 2020, Sweden exported $422M in Processed Tobacco, making it the 6th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 73rd most exported product in Sweden. The main destination of Processed Tobacco exports from Sweden are: Norway ($284M), Switzerland ($36.5M), United States ($32.5M), Germany ($14M), and Denmark ($12M).
The fastest growing export markets for Processed Tobacco of Sweden between 2019 and 2020 were Norway ($45.9M), Switzerland ($15M), and Denmark ($7.6M).
Imports In 2020, Sweden imported $45.5M in Processed Tobacco, becoming the 41st largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 437th most imported product in Sweden. Sweden imports Processed Tobacco primarily from: Denmark ($36.3M), Romania ($4.87M), Hungary ($917k), United States ($680k), and Lithuania ($624k).
The fastest growing import markets in Processed Tobacco for Sweden between 2019 and 2020 were Denmark ($6.3M), Romania ($4.84M), and Hungary ($820k).
Tariffs In 2019, the average tariff for Sweden in Processed Tobacco was 19%. The countries with the highest import tariffs for Processed Tobacco were Republic of the Congo (Most Favoured Nation duty rate treatement, 49.9%), Western Sahara (Most Favoured Nation duty rate treatement, 49.9%), Gabon (Most Favoured Nation duty rate treatement, 49.9%), Libya (Most Favoured Nation duty rate treatement, 49.9%), and Mayotte (Most Favoured Nation duty rate treatement, 49.9%).
November 2022
Overview In November 2022 Sweden's Processed Tobacco exports accounted up to SEK325M and imports accounted up to SEK28M, resulting in a positive trade balance of SEK297M. Between November 2021 and November 2022 the exports of Sweden's Processed Tobacco have decreased by SEK-25.9M (-7.37%) from SEK351M to SEK325M, while imports decreased by SEK-30.9M (-52.5%) from SEK59M to SEK28M.
Destinations In November 2022, Processed Tobacco were exported mostly to Norway (SEK235M), Switzerland (SEK40M), United States (SEK13.2M), Liechtenstein (SEK10M), and Denmark (SEK7.33M), and were imported mostly from Denmark (SEK22.1M), Latvia (SEK3.1M), Poland (SEK672k), Belgium (SEK581k), and Lithuania (SEK352k).
Growth In November 2022, the decrease in Processed Tobacco's year-by-year exports was explained primarily by a decrease in exports to Hungary (SEK-5.57M or -96.3%), Japan (SEK-2.81M or -74.9%), and Kenya (SEK-1.06M or -99.8%). In November 2022, the decrease in Processed Tobacco's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates (SEK-345k or -99.4%) and Netherlands (SEK-14k or -1.19%).
EXPORT GROWTH (November 2021 - November 2022): SEK-25.9M, (-7.37%)
IMPORT GROWTH (November 2021 - November 2022): SEK-30.9M, (-52.5%)
MAIN DESTINATION (November 2022): Norway, SEK235M
This section shows Processed Tobacco'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 Tobacco over time.
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EXPORTS (2020): $422M
IMPORTS (2020): $45.5M
NET TRADE (2020): $376M
In 2020, Sweden exported $422M in Processed Tobacco. The main destinations of Sweden exports on Processed Tobacco were Norway ($284M), Switzerland ($36.5M), United States ($32.5M), Germany ($14M), and Denmark ($12M).
In 2020, Sweden imported $45.5M in Processed Tobacco, mainly from Denmark ($36.3M), Romania ($4.87M), Hungary ($917k), United States ($680k), and Lithuania ($624k).
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Sweden WERE (2019 - 2020):
In 2020, Sweden's main exporting competitors in Processed Tobacco were:
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