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2023
Exports $438MWorld Rnk 16 / 202
Flag Rnk 84 / 1210
2023
Destination $22.9M Denmark
2022 - 2023
FASTEST GROWING MARKET $22.9MDenmark
2023
PRODUCT COMPLEXITY IN Chocolate0.3Rnk 459 / 1025
2023
Imports $499MWorld Rnk 17 / 225
Flag Rnk 77 / 1213
2023
Origin $9.87M Germany
2022 - 2023
FASTEST GROWING ORIGIN $9.87MFrance
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $438M in Chocolate, making it the 16th largest exporter of Chocolate in the world. At the same year, Chocolate was the 84th most exported product in Sweden. The main destination of Chocolate exports from Sweden are: Denmark ($107M), Finland ($80.9M), Norway ($42.6M), Germany ($40.3M), and Netherlands ($35.2M).

The fastest growing export markets for Chocolate of Sweden between 2022 and 2023 were Denmark ($22.9M), Netherlands ($20.4M), and United Kingdom ($14.1M).

Imports In 2023, Sweden imported $499M in Chocolate, becoming the 17th largest importer of Chocolate in the world. At the same year, Chocolate was the 77th most imported product in Sweden. Sweden imports Chocolate primarily from: Germany ($115M), Netherlands ($53.2M), Poland ($48.4M), Finland ($44.9M), and Denmark ($42.8M).

The fastest growing import markets in Chocolate for Sweden between 2022 and 2023 were France ($9.87M), Denmark ($5.45M), and Lithuania ($4.67M).

COMPANIES In 2023, leading companies such as IKEA Group (155), Barry Callebaut (27), and Barilla (25) were at the forefront of shipping Chocolate from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Chocolate exports accounted up to SEK700M and imports accounted up to SEK716M, resulting in a negative trade balance of SEK16.2M. Between October 2023 and October 2024 the exports of Sweden's   Chocolate have increased by SEK111M (18.8%) from SEK589M to SEK700M, while imports increased by SEK134M (23%) from SEK582M to SEK716M.

Destinations In October 2024, Chocolate were exported mostly to Norway (SEK169M), Denmark (SEK126M), Finland (SEK125M), Netherlands (SEK66.7M), and Germany (SEK45.7M), and were imported mostly from Germany (SEK169M), Finland (SEK97.8M), Denmark (SEK65.8M), Netherlands (SEK63M), and Belgium (SEK57.4M).

Growth In October 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Finland (SEK30.9M or 51.9%), Denmark (SEK29.7M or 46.4%), and Norway (SEK9.95M or 11.6%). In October 2024, the increase in Chocolate's year-by-year imports was explained primarily by an increase in imports from Belgium (SEK42.6M or 164%), France (SEK21.6M or 277%), and Germany (SEK17.8M or 22.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK111M(18.8%)
IMPORT GROWTH (October 2023 - October 2024)SEK134M(23%)
MAIN EXPORTER (October 2024)undefined700M
MAIN DESTINATION (October 2024)NorwaySEK169M

This section shows Chocolate'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 Chocolate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$438M
IMPORTS (2023)$499M
NET TRADE (2023)-$61.1M

In 2023, Sweden exported $438M in Chocolate. The main destinations of Sweden exports on Chocolate were Denmark ($107M), Finland ($80.9M), Norway ($42.6M), Germany ($40.3M), and Netherlands ($35.2M).

In 2023, Sweden imported $499M in Chocolate, mainly from Germany ($115M), Netherlands ($53.2M), Poland ($48.4M), Finland ($44.9M), and Denmark ($42.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$22.9M (27.4%)
Netherlands$20.4M (138%)
United Kingdom$14.1M (75.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Sweden WERE (2022 - 2023):
Belgium-$3.35M (-33.1%)
Malaysia-$3.32M (-63.1%)
Spain-$2.81M (-62.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Chocolate were:
Germany $6.26B
Belgium $4.09B
Italy $2.74B
In 2023, Sweden's main importing competitors in Chocolate were:
United States $4.04B
United Kingdom $3.01B
Germany $2.95B

Explore Visualizations

Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.3M
TOP IMPORT POTENTIALItaly+ $9.65M

Chocolate’s highest export potential is Germany. With an export gap of $14.3M.   Chocolate’s highest import potential is Italy with an import gap of $9.65M.

See methodology.

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