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2023
Exports $8.81MWorld Rnk 21 / 184
Flag Rnk 644 / 1210
2023
Destination $413k Denmark
2022 - 2023
FASTEST GROWING MARKET $413kSlovakia
2023
PRODUCT COMPLEXITY IN Wood Kitchenware-0.26Rnk 635 / 1025
2023
Imports $24.7MWorld Rnk 17 / 222
Flag Rnk 598 / 1213
2023
Origin $1.74M China
2022 - 2023
FASTEST GROWING ORIGIN $1.74MDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $8.81M in Wood Kitchenware, making it the 21st largest exporter of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 644th most exported product in Sweden. The main destination of Wood Kitchenware exports from Sweden are: Denmark ($1.8M), Norway ($1.48M), Finland ($831k), South Korea ($714k), and Slovakia ($507k).

The fastest growing export markets for Wood Kitchenware of Sweden between 2022 and 2023 were Slovakia ($413k), South Korea ($281k), and Germany ($208k).

Imports In 2023, Sweden imported $24.7M in Wood Kitchenware, becoming the 17th largest importer of Wood Kitchenware in the world. At the same year, Wood Kitchenware was the 598th most imported product in Sweden. Sweden imports Wood Kitchenware primarily from: China ($10.1M), Denmark ($3.8M), Germany ($3.03M), India ($1.88M), and Romania ($1.01M).

The fastest growing import markets in Wood Kitchenware for Sweden between 2022 and 2023 were Denmark ($1.74M), Portugal ($617k), and Slovenia ($157k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Wood Kitchenware exports accounted up to SEK12.8M and imports accounted up to SEK23.9M, resulting in a negative trade balance of SEK11.1M. Between October 2023 and October 2024 the exports of Sweden's   Wood Kitchenware have decreased by SEK-2.26M (-15%) from SEK15M to SEK12.8M, while imports increased by SEK3.33M (16.2%) from SEK20.5M to SEK23.9M.

Destinations In October 2024, Wood Kitchenware were exported mostly to Norway (SEK4.36M), Denmark (SEK1.65M), United Kingdom (SEK1.3M), Finland (SEK1.23M), and Slovakia (SEK935k), and were imported mostly from China (SEK9.89M), Denmark (SEK3.51M), Germany (SEK2.26M), Belgium (SEK1.73M), and India (SEK1.33M).

Growth In October 2024, the decrease in Wood Kitchenware's year-by-year exports was explained primarily by a decrease in exports to France (SEK-371k or -58.8%), Denmark (SEK-186k or -12.8%), and Netherlands (SEK-147k or -88.6%). In October 2024, the increase in Wood Kitchenware's year-by-year imports was explained primarily by an increase in imports from China (SEK433k or 5.13%), Slovenia (SEK366k or 125%), and Finland (SEK266k or 333%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-2.26M(-15%)
IMPORT GROWTH (October 2023 - October 2024)SEK3.33M(16.2%)
MAIN EXPORTER (October 2024)undefined14M
MAIN DESTINATION (October 2024)NorwaySEK4.36M

This section shows Wood Kitchenware'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 Wood Kitchenware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.81M
IMPORTS (2023)$24.7M
NET TRADE (2023)-$15.9M

In 2023, Sweden exported $8.81M in Wood Kitchenware. The main destinations of Sweden exports on Wood Kitchenware were Denmark ($1.8M), Norway ($1.48M), Finland ($831k), South Korea ($714k), and Slovakia ($507k).

In 2023, Sweden imported $24.7M in Wood Kitchenware, mainly from China ($10.1M), Denmark ($3.8M), Germany ($3.03M), India ($1.88M), and Romania ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Kitchenware EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Slovakia$413k (439%)
South Korea$281k (64.7%)
Germany$208k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Kitchenware BY Sweden WERE (2022 - 2023):
United States-$441k (-47.7%)
Denmark-$288k (-13.8%)
Norway-$286k (-16.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Wood Kitchenware were:
China $1.31B
India $154M
Vietnam $79.7M
In 2023, Sweden's main importing competitors in Wood Kitchenware were:
United States $429M
Japan $257M
Germany $139M

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Trade Value of Wood Kitchenware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $754k
TOP IMPORT POTENTIALChina+ $911k

Wood Kitchenware’s highest export potential is United States. With an export gap of $754k.   Wood Kitchenware’s highest import potential is China with an import gap of $911k.

See methodology.

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