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2023
Exports $101MWorld Rnk 26 / 190
Flag Rnk 249 / 1210
2023
Destination $26M United States
2022 - 2023
FASTEST GROWING MARKET $26MUnited States
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.53Rnk 356 / 1025
2023
Imports $89.2MWorld Rnk 33 / 220
Flag Rnk 327 / 1213
2023
Origin $1.7M Belgium
2022 - 2023
FASTEST GROWING ORIGIN $1.7MBelgium
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $101M in Special Pharmaceuticals, making it the 26th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 249th most exported product in Sweden. The main destination of Special Pharmaceuticals exports from Sweden are: United States ($46.6M), Finland ($8.27M), Norway ($6.75M), Saudi Arabia ($3.93M), and Denmark ($3.28M).

The fastest growing export markets for Special Pharmaceuticals of Sweden between 2022 and 2023 were United States ($26M), Norway ($2.83M), and Saudi Arabia ($2.3M).

Imports In 2023, Sweden imported $89.2M in Special Pharmaceuticals, becoming the 33rd largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 327th most imported product in Sweden. Sweden imports Special Pharmaceuticals primarily from: Belgium ($22.5M), Germany ($15.6M), Netherlands ($9.28M), Ireland ($6.64M), and Finland ($5.33M).

The fastest growing import markets in Special Pharmaceuticals for Sweden between 2022 and 2023 were Belgium ($1.7M), Germany ($1.36M), and United Kingdom ($1.1M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Special Pharmaceuticals exports accounted up to SEK111M and imports accounted up to SEK110M, resulting in a positive trade balance of SEK452k. Between November 2023 and November 2024 the exports of Sweden's   Special Pharmaceuticals have decreased by SEK-23.9M (-17.7%) from SEK135M to SEK111M, while imports decreased by SEK-12.4M (-10.1%) from SEK123M to SEK110M.

Destinations In November 2024, Special Pharmaceuticals were exported mostly to United States (SEK43.1M), Norway (SEK28.7M), Finland (SEK16.3M), United Kingdom (SEK3.6M), and Denmark (SEK3.5M), and were imported mostly from Belgium (SEK21.8M), Netherlands (SEK17M), Germany (SEK15.4M), Czechia (SEK10.6M), and Poland (SEK8.82M).

Growth In November 2024, the decrease in Special Pharmaceuticals's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-1.47M or -55.8%), Poland (SEK-739k or -62.5%), and Australia (SEK-465k or -98.1%). In November 2024, the decrease in Special Pharmaceuticals's year-by-year imports was explained primarily by a decrease in imports from India (SEK-3.66M or -99%), United Kingdom (SEK-1.16M or -14.5%), and Austria (SEK-702k or -35.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-23.9M(-17.7%)
IMPORT GROWTH (November 2023 - November 2024)SEK-12.4M(-10.1%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United StatesSEK43.1M

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$101M
IMPORTS (2023)$89.2M
NET TRADE (2023)$11.9M

In 2023, Sweden exported $101M in Special Pharmaceuticals. The main destinations of Sweden exports on Special Pharmaceuticals were United States ($46.6M), Finland ($8.27M), Norway ($6.75M), Saudi Arabia ($3.93M), and Denmark ($3.28M).

In 2023, Sweden imported $89.2M in Special Pharmaceuticals, mainly from Belgium ($22.5M), Germany ($15.6M), Netherlands ($9.28M), Ireland ($6.64M), and Finland ($5.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
United States$26M (126%)
Norway$2.83M (72.1%)
Saudi Arabia$2.3M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Sweden WERE (2022 - 2023):
France-$838k (-51.3%)
Iran-$622k (-100%)
Turkey-$484k (-75.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Special Pharmaceuticals were:
Germany $3.28B
United States $2.16B
Netherlands $1.28B
In 2023, Sweden's main importing competitors in Special Pharmaceuticals were:
United States $3.5B
China $1.3B
Germany $1.2B

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.55M
TOP IMPORT POTENTIALGermany+ $6.16M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $8.55M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $6.16M.

See methodology.

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