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2022
Exports $9.21MWorld Rnk 22 / 183
Flag Rnk 653 / 1212
2022
Destination $568k Norway
2021 - 2022
FASTEST GROWING MARKET $568kFinland
2022
PRODUCT COMPLEXITY IN Basketwork-1.47Rnk 944 / 1025
2022
Imports $33.5MWorld Rnk 16 / 216
Flag Rnk 555 / 1213
2022
Origin $281k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $281kBurma
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $9.21M in Basketwork, making it the 22nd largest exporter of Basketwork in the world. At the same year, Basketwork was the 653rd most exported product in Sweden. The main destination of Basketwork exports from Sweden are: Norway ($3.28M), Denmark ($2.89M), Finland ($1.87M), Germany ($284k), and Poland ($171k).

The fastest growing export markets for Basketwork of Sweden between 2021 and 2022 were Finland ($568k), Denmark ($368k), and Germany ($59.4k).

Imports In 2022, Sweden imported $33.5M in Basketwork, becoming the 16th largest importer of Basketwork in the world. At the same year, Basketwork was the 555th most imported product in Sweden. Sweden imports Basketwork primarily from: Vietnam ($13.5M), China ($9.73M), Bangladesh ($2.57M), Indonesia ($2.11M), and Denmark ($1.56M).

The fastest growing import markets in Basketwork for Sweden between 2021 and 2022 were Burma ($281k), India ($273k), and Denmark ($190k).

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Basketwork exports accounted up to SEK7.87M and imports accounted up to SEK20.2M, resulting in a negative trade balance of SEK12.3M. Between September 2023 and September 2024 the exports of Sweden's   Basketwork have decreased by SEK-3.19M (-28.8%) from SEK11.1M to SEK7.87M, while imports increased by SEK3.69M (22.4%) from SEK16.5M to SEK20.2M.

Destinations In September 2024, Basketwork were exported mostly to Norway (SEK3.1M), Denmark (SEK1.95M), Finland (SEK1.13M), United Kingdom (SEK819k), and Germany (SEK260k), and were imported mostly from Vietnam (SEK7.61M), China (SEK7.4M), Bangladesh (SEK1.61M), Indonesia (SEK804k), and Germany (SEK698k).

Growth In September 2024, the decrease in Basketwork's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-326k or -7.57%), Iceland (SEK-77k or -39.7%), and United Kingdom (SEK-19k or -20%). In September 2024, the increase in Basketwork's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK1.03M or 187%), Indonesia (SEK487k or 29.1%), and Poland (SEK451k or 188%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK-3.19M(-28.8%)
IMPORT GROWTH (September 2023 - September 2024)SEK3.69M(22.4%)
MAIN EXPORTER (September 2024)undefined10.7M
MAIN DESTINATION (September 2024)NorwaySEK3.1M

This section shows Basketwork'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 Basketwork over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.21M
IMPORTS (2022)$33.5M
NET TRADE (2022)-$24.3M

In 2022, Sweden exported $9.21M in Basketwork. The main destinations of Sweden exports on Basketwork were Norway ($3.28M), Denmark ($2.89M), Finland ($1.87M), Germany ($284k), and Poland ($171k).

In 2022, Sweden imported $33.5M in Basketwork, mainly from Vietnam ($13.5M), China ($9.73M), Bangladesh ($2.57M), Indonesia ($2.11M), and Denmark ($1.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Finland$568k (43.5%)
Denmark$368k (14.6%)
Germany$59.4k (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Sweden WERE (2021 - 2022):
Norway-$67.1k (-2%)
Poland-$22.1k (-11.4%)
South Korea-$21.5k (-84.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Basketwork were:
China $1.3B
Vietnam $407M
India $158M
In 2022, Sweden's main importing competitors in Basketwork were:
United States $910M
Germany $217M
United Kingdom $161M

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $271k
TOP IMPORT POTENTIALChina+ $1.65M

Basketwork’s highest export potential is Germany. With an export gap of $271k.   Basketwork’s highest import potential is China with an import gap of $1.65M.

See methodology.

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