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2022
Exports $1.18BWorld Rnk 10 / 214
Flag Rnk 28 / 1212
2022
Destination $46.9M United States
2021 - 2022
FASTEST GROWING MARKET $46.9MSingapore
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments1.69Rnk 26 / 1025
2022
Imports $601MWorld Rnk 21 / 225
Flag Rnk 59 / 1213
2022
Origin $5.74M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.74MIndia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $1.18B in Chemical Analysis Instruments, making it the 10th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 28th most exported product in Sweden. The main destination of Chemical Analysis Instruments exports from Sweden are: United States ($329M), Singapore ($223M), China ($109M), South Korea ($65.6M), and Germany ($59.9M).

The fastest growing export markets for Chemical Analysis Instruments of Sweden between 2021 and 2022 were Singapore ($46.9M), South Korea ($30.1M), and United States ($26.3M).

Imports In 2022, Sweden imported $601M in Chemical Analysis Instruments, becoming the 21st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 59th most imported product in Sweden. Sweden imports Chemical Analysis Instruments primarily from: United States ($213M), Germany ($117M), Netherlands ($46.9M), United Kingdom ($37.7M), and Japan ($36.8M).

The fastest growing import markets in Chemical Analysis Instruments for Sweden between 2021 and 2022 were India ($5.74M), Netherlands ($5.43M), and Japan ($3.22M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Chemical Analysis Instruments exports accounted up to SEK502M and imports accounted up to SEK397M, resulting in a positive trade balance of SEK105M. Between August 2023 and August 2024 the exports of Sweden's   Chemical Analysis Instruments have decreased by SEK-29.3M (-5.51%) from SEK531M to SEK502M, while imports increased by SEK94.6M (31.3%) from SEK302M to SEK397M.

Destinations In August 2024, Chemical Analysis Instruments were exported mostly to United States (SEK164M), Singapore (SEK48.2M), United Kingdom (SEK38.5M), China (SEK38.5M), and Japan (SEK25M), and were imported mostly from United States (SEK195M), Germany (SEK51.2M), United Kingdom (SEK35.6M), Netherlands (SEK22.3M), and Japan (SEK12.8M).

Growth In August 2024, the decrease in Chemical Analysis Instruments's year-by-year exports was explained primarily by a decrease in exports to Switzerland (SEK-40M or -73.9%), Belgium (SEK-30.7M or -67.9%), and Ireland (SEK-26.4M or -77.2%). In August 2024, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from United States (SEK23.1M or 15.9%), Canada (SEK17.9M or 689%), and United Kingdom (SEK15.9M or 71.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-29.3M(-5.51%)
IMPORT GROWTH (August 2023 - August 2024)SEK94.6M(31.3%)
MAIN EXPORTER (August 2024)undefined711M
MAIN DESTINATION (August 2024)United StatesSEK164M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18B
IMPORTS (2022)$601M
NET TRADE (2022)$584M

In 2022, Sweden exported $1.18B in Chemical Analysis Instruments. The main destinations of Sweden exports on Chemical Analysis Instruments were United States ($329M), Singapore ($223M), China ($109M), South Korea ($65.6M), and Germany ($59.9M).

In 2022, Sweden imported $601M in Chemical Analysis Instruments, mainly from United States ($213M), Germany ($117M), Netherlands ($46.9M), United Kingdom ($37.7M), and Japan ($36.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Singapore$46.9M (26.6%)
South Korea$30.1M (84.9%)
United States$26.3M (8.67%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Sweden WERE (2021 - 2022):
Germany-$13.1M (-18%)
Lithuania-$10.5M (-94.7%)
Russia-$8.14M (-83.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Chemical Analysis Instruments were:
United States $10.9B
Germany $8.97B
Japan $5.27B
In 2022, Sweden's main importing competitors in Chemical Analysis Instruments were:
China $8.3B
United States $7.97B
Germany $4.94B

Explore Visualizations

Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60.4M
TOP IMPORT POTENTIALGermany+ $19.3M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $60.4M.   Chemical Analysis Instruments’s highest import potential is Germany with an import gap of $19.3M.

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