Spices in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $8.8M in Spices, making it the 43rd largest exporter of Spices in the world. At the same year, Spices was the 661st most exported product in Sweden. The main destination of Spices exports from Sweden are: Denmark ($4.4M), Norway ($1.61M), Finland ($1.28M), Estonia ($448k), and Poland ($265k).

The fastest growing export markets for Spices of Sweden between 2021 and 2022 were Poland ($47.7k), Ireland ($46.8k), and Belgium ($25k).

Imports In 2022, Sweden imported $35.4M in Spices, becoming the 22nd largest importer of Spices in the world. At the same year, Spices was the 542nd most imported product in Sweden. Sweden imports Spices primarily from: Spain ($9.56M), Netherlands ($6.91M), Germany ($4.92M), Denmark ($2.68M), and Thailand ($1.52M).

The fastest growing import markets in Spices for Sweden between 2021 and 2022 were Spain ($3.02M), Denmark ($347k), and Belgium ($187k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spices from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Spices exports accounted up to SEK5.95M and imports accounted up to SEK30.5M, resulting in a negative trade balance of SEK24.5M. Between December 2022 and December 2023 the exports of Sweden's Spices have increased by SEK911k (18.1%) from SEK5.04M to SEK5.95M, while imports decreased by SEK-1.06M (-3.36%) from SEK31.5M to SEK30.5M.

Destinations In December 2023, Spices were exported mostly to Finland (SEK1.27M), Iceland (SEK1.27M), Denmark (SEK1.16M), Norway (SEK1M), and India (SEK442k), and were imported mostly from Netherlands (SEK7.62M), Germany (SEK6.87M), Denmark (SEK3.97M), China (SEK1.3M), and Spain (SEK1.28M).

Growth In December 2023, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to Poland (SEK454k or 5.68k%), Denmark (SEK364k or 20.1%), and Norway (SEK348k or 28.1%). In December 2023, the decrease in Spices's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-2.09M or -29.4%), Spain (SEK-1.92M or -42%), and Iran (SEK-1.6M or -83.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK911k(18.1%)

IMPORT GROWTH (December 2022 - December 2023)SEK-1.06M(-3.36%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)FinlandSEK1.27M

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.8M

IMPORTS (2022)$35.4M

NET TRADE (2022)-$26.6M

In 2022, Sweden exported $8.8M in Spices. The main destinations of Sweden exports on Spices were Denmark ($4.4M), Norway ($1.61M), Finland ($1.28M), Estonia ($448k), and Poland ($265k).

In 2022, Sweden imported $35.4M in Spices, mainly from Spain ($9.56M), Netherlands ($6.91M), Germany ($4.92M), Denmark ($2.68M), and Thailand ($1.52M).

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