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2022
Exports $596MWorld Rnk 19 / 210
Flag Rnk 58 / 1212
2022
Destination $7.76M Norway
2021 - 2022
FASTEST GROWING MARKET $7.76MDenmark
2022
PRODUCT COMPLEXITY IN Baked Goods-0.32Rnk 655 / 1025
2022
Imports $530MWorld Rnk 21 / 226
Flag Rnk 75 / 1213
2022
Origin $17.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.8MPoland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $596M in Baked Goods, making it the 19th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 58th most exported product in Sweden. The main destination of Baked Goods exports from Sweden are: Norway ($162M), Denmark ($109M), Finland ($85.6M), Germany ($76.6M), and France ($31.6M).

The fastest growing export markets for Baked Goods of Sweden between 2021 and 2022 were Denmark ($7.76M), Belgium ($2.87M), and United States ($2M).

Imports In 2022, Sweden imported $530M in Baked Goods, becoming the 21st largest importer of Baked Goods in the world. At the same year, Baked Goods was the 75th most imported product in Sweden. Sweden imports Baked Goods primarily from: Germany ($126M), Denmark ($60.6M), Poland ($55.3M), Belgium ($51.9M), and Netherlands ($41.9M).

The fastest growing import markets in Baked Goods for Sweden between 2021 and 2022 were Poland ($17.8M), Denmark ($11.7M), and Germany ($9.75M).

COMPANIES In 2023, leading companies such as IKEA Group (20) were at the forefront of shipping Baked Goods from Sweden to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Baked Goods exports accounted up to SEK651M and imports accounted up to SEK572M, resulting in a positive trade balance of SEK79M. Between September 2023 and September 2024 the exports of Sweden's   Baked Goods have increased by SEK8.39M (1.31%) from SEK643M to SEK651M, while imports increased by SEK18.5M (3.35%) from SEK553M to SEK572M.

Destinations In September 2024, Baked Goods were exported mostly to Norway (SEK159M), Denmark (SEK108M), Finland (SEK95.1M), Germany (SEK81.8M), and United Kingdom (SEK39.1M), and were imported mostly from Germany (SEK131M), Denmark (SEK62.9M), Belgium (SEK55.3M), Italy (SEK50.1M), and Poland (SEK44M).

Growth In September 2024, the increase in Baked Goods's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK32.3M or 45.2%), Norway (SEK20.8M or 16.5%), and Finland (SEK14.9M or 27.4%). In September 2024, the increase in Baked Goods's year-by-year imports was explained primarily by an increase in imports from Germany (SEK23.8M or 26.9%), Poland (SEK19.8M or 68.1%), and Denmark (SEK17.5M or 37.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK8.39M(1.31%)
IMPORT GROWTH (September 2023 - September 2024)SEK18.5M(3.35%)
MAIN EXPORTER (September 2024)undefined651M
MAIN DESTINATION (September 2024)NorwaySEK159M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$596M
IMPORTS (2022)$530M
NET TRADE (2022)$66.1M

In 2022, Sweden exported $596M in Baked Goods. The main destinations of Sweden exports on Baked Goods were Norway ($162M), Denmark ($109M), Finland ($85.6M), Germany ($76.6M), and France ($31.6M).

In 2022, Sweden imported $530M in Baked Goods, mainly from Germany ($126M), Denmark ($60.6M), Poland ($55.3M), Belgium ($51.9M), and Netherlands ($41.9M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$7.76M (7.7%)
Belgium$2.87M (27.6%)
United States$2M (15.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Sweden WERE (2021 - 2022):
Russia-$5.21M (-73.5%)
Netherlands-$4.94M (-32.1%)
Italy-$3.15M (-24.3%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Sweden's main importing competitors in Baked Goods were:
United States $9.29B
Germany $3.27B
United Kingdom $3.24B

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.1M
TOP IMPORT POTENTIALItaly+ $11M

Baked Goods’s highest export potential is United States. With an export gap of $20.1M.   Baked Goods’s highest import potential is Italy with an import gap of $11M.

See methodology.

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