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2023
Exports $159MWorld Rnk 19 / 168
Flag Rnk 188 / 1210
2023
Destination $15.5M Russia
2022 - 2023
FASTEST GROWING MARKET $15.5MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.55Rnk 344 / 1025
2023
Imports $69.4MWorld Rnk 33 / 220
Flag Rnk 381 / 1213
2023
Origin $7.36M Germany
2022 - 2023
FASTEST GROWING ORIGIN $7.36MNetherlands
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $159M in Unpackaged Medicaments, making it the 19th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 188th most exported product in Sweden. The main destination of Unpackaged Medicaments exports from Sweden are: Russia ($26.6M), China ($25.7M), Turkey ($21.1M), France ($19.1M), and Greece ($15.8M).

The fastest growing export markets for Unpackaged Medicaments of Sweden between 2022 and 2023 were Saudi Arabia ($15.5M), France ($11M), and Greece ($10.6M).

Imports In 2023, Sweden imported $69.4M in Unpackaged Medicaments, becoming the 33rd largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 381st most imported product in Sweden. Sweden imports Unpackaged Medicaments primarily from: Germany ($15.8M), Lithuania ($12.7M), Denmark ($11.2M), Netherlands ($8.08M), and Spain ($4.27M).

The fastest growing import markets in Unpackaged Medicaments for Sweden between 2022 and 2023 were Netherlands ($7.36M), Ireland ($3.43M), and Spain ($2.02M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Unpackaged Medicaments exports accounted up to SEK156M and imports accounted up to SEK38.4M, resulting in a positive trade balance of SEK117M. Between October 2023 and October 2024 the exports of Sweden's   Unpackaged Medicaments have decreased by SEK-14.1M (-8.3%) from SEK170M to SEK156M, while imports decreased by SEK-12.6M (-24.8%) from SEK51M to SEK38.4M.

Destinations In October 2024, Unpackaged Medicaments were exported mostly to Russia (SEK47.8M), Algeria (SEK46.8M), Saudi Arabia (SEK19.2M), Norway (SEK9.7M), and Germany (SEK8.49M), and were imported mostly from Lithuania (SEK19.4M), Denmark (SEK13M), Germany (SEK2.1M), United Kingdom (SEK2M), and Hungary (SEK1.33M).

Growth In October 2024, the decrease in Unpackaged Medicaments's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-1k or -50%). In October 2024, the decrease in Unpackaged Medicaments's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-34.2M or -75.3%), Lithuania (SEK-1.46M or -17.2%), and Netherlands (SEK-16k or -72.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-14.1M(-8.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK-12.6M(-24.8%)
MAIN EXPORTER (October 2024)undefined156M
MAIN DESTINATION (October 2024)RussiaSEK47.8M

This section shows Unpackaged Medicaments'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 Unpackaged Medicaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$159M
IMPORTS (2023)$69.4M
NET TRADE (2023)$89.9M

In 2023, Sweden exported $159M in Unpackaged Medicaments. The main destinations of Sweden exports on Unpackaged Medicaments were Russia ($26.6M), China ($25.7M), Turkey ($21.1M), France ($19.1M), and Greece ($15.8M).

In 2023, Sweden imported $69.4M in Unpackaged Medicaments, mainly from Germany ($15.8M), Lithuania ($12.7M), Denmark ($11.2M), Netherlands ($8.08M), and Spain ($4.27M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Saudi Arabia$15.5M (7.82k%)
France$11M (135%)
Greece$10.6M (207%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Sweden WERE (2022 - 2023):
China-$36.3M (-58.5%)
Russia-$8.51M (-24.2%)
India-$6.02M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Unpackaged Medicaments were:
Ireland $3.03B
Portugal $2.97B
United States $2.92B
In 2023, Sweden's main importing competitors in Unpackaged Medicaments were:
Belgium $3.73B
United States $2.15B
Canada $1.87B

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.8M
TOP IMPORT POTENTIALUnited States+ $2.44M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $2.8M.   Unpackaged Medicaments’s highest import potential is United States with an import gap of $2.44M.

See methodology.

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