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2022
Exports $166MWorld Rnk 17 / 157
Flag Rnk 193 / 1212
2022
Destination $59.5M China
2021 - 2022
FASTEST GROWING MARKET $59.5MChina
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments0.61Rnk 312 / 1025
2022
Imports $101MWorld Rnk 26 / 215
Flag Rnk 323 / 1213
2022
Origin $7.61M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.61MItaly
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $166M in Unpackaged Medicaments, making it the 17th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 193rd most exported product in Sweden. The main destination of Unpackaged Medicaments exports from Sweden are: China ($62.1M), Russia ($35.1M), Turkey ($19.7M), France ($9.48M), and India ($6.02M).

The fastest growing export markets for Unpackaged Medicaments of Sweden between 2021 and 2022 were China ($59.5M), Russia ($23.2M), and India ($6.02M).

Imports In 2022, Sweden imported $101M in Unpackaged Medicaments, becoming the 26th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 323rd most imported product in Sweden. Sweden imports Unpackaged Medicaments primarily from: Germany ($25.6M), Denmark ($20.5M), Spain ($14.7M), Lithuania ($13M), and Italy ($10.2M).

The fastest growing import markets in Unpackaged Medicaments for Sweden between 2021 and 2022 were Italy ($7.61M), Lithuania ($4.39M), and Belgium ($3.85M).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Unpackaged Medicaments exports accounted up to SEK56M and imports accounted up to SEK32.7M, resulting in a positive trade balance of SEK23.3M. Between June 2023 and June 2024 the exports of Sweden's   Unpackaged Medicaments have decreased by SEK-46.5M (-45.3%) from SEK102M to SEK56M, while imports decreased by SEK-35.8M (-52.3%) from SEK68.6M to SEK32.7M.

Destinations In June 2024, Unpackaged Medicaments were exported mostly to Russia (SEK29.2M), Saudi Arabia (SEK8.44M), Norway (SEK7.57M), Germany (SEK3.89M), and Denmark (SEK2.75M), and were imported mostly from Denmark (SEK16M), Lithuania (SEK13M), France (SEK1.65M), United Kingdom (SEK1.09M), and Ireland (SEK474k).

Growth In June 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 June 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 (June 2023 - June 2024)SEK-46.5M(-45.3%)
IMPORT GROWTH (June 2023 - June 2024)SEK-35.8M(-52.3%)
MAIN EXPORTER (June 2024)undefined145M
MAIN DESTINATION (June 2024)RussiaSEK29.2M

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 (2022)$166M
IMPORTS (2022)$101M
NET TRADE (2022)$64.3M

In 2022, Sweden exported $166M in Unpackaged Medicaments. The main destinations of Sweden exports on Unpackaged Medicaments were China ($62.1M), Russia ($35.1M), Turkey ($19.7M), France ($9.48M), and India ($6.02M).

In 2022, Sweden imported $101M in Unpackaged Medicaments, mainly from Germany ($25.6M), Denmark ($20.5M), Spain ($14.7M), Lithuania ($13M), and Italy ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
China$59.5M (2.32k%)
Russia$23.2M (194%)
India$6.02M (469k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Sweden WERE (2021 - 2022):
Algeria-$23.2M (-100%)
Austria-$15.5M (-97.4%)
Japan-$13.5M (-85.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Unpackaged Medicaments were:
United States $1.31B
Israel $1.25B
China $1.05B
In 2022, Sweden's main importing competitors in Unpackaged Medicaments were:
United States $1.37B
United Kingdom $1.35B
Germany $971M

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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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