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2022
Exports $296MWorld Rnk 18 / 166
Flag Rnk 128 / 1212
2022
Destination $18.8M Oman
2021 - 2022
FASTEST GROWING MARKET $18.8MNetherlands
2022
PRODUCT COMPLEXITY IN Concentrated Milk-0.77Rnk 774 / 1025
2022
Imports $49.7MWorld Rnk 73 / 224
Flag Rnk 462 / 1213
2022
Origin $4.61M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.61MFrance
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $296M in Concentrated Milk, making it the 18th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 128th most exported product in Sweden. The main destination of Concentrated Milk exports from Sweden are: Oman ($61.4M), Netherlands ($52.8M), China ($50.9M), Germany ($30.6M), and Egypt ($14.7M).

The fastest growing export markets for Concentrated Milk of Sweden between 2021 and 2022 were Netherlands ($18.8M), Denmark ($8.68M), and Lebanon ($5.6M).

Imports In 2022, Sweden imported $49.7M in Concentrated Milk, becoming the 73rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 462nd most imported product in Sweden. Sweden imports Concentrated Milk primarily from: Germany ($18.3M), Finland ($7.57M), Netherlands ($7.47M), France ($6.41M), and Belgium ($3.02M).

The fastest growing import markets in Concentrated Milk for Sweden between 2021 and 2022 were France ($4.61M), Germany ($1.35M), and Belgium ($1M).

COMPANIES In 2023, leading companies such as IKEA Group (2) were at the forefront of shipping Concentrated Milk from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Concentrated Milk exports accounted up to SEK250M and imports accounted up to SEK53M, resulting in a positive trade balance of SEK197M. Between May 2023 and May 2024 the exports of Sweden's   Concentrated Milk have decreased by SEK-27.1M (-9.79%) from SEK277M to SEK250M, while imports increased by SEK10.7M (25.3%) from SEK42.3M to SEK53M.

Destinations In May 2024, Concentrated Milk were exported mostly to Oman (SEK117M), Germany (SEK30.7M), Netherlands (SEK17.6M), Egypt (SEK15.8M), and Philippines (SEK12M), and were imported mostly from Germany (SEK17.4M), Finland (SEK12.2M), Poland (SEK9.51M), Netherlands (SEK5.21M), and Belgium (SEK3.83M).

Growth In May 2024, the decrease in Concentrated Milk's year-by-year exports was explained primarily by a decrease in exports to Netherlands (SEK-13.8M or -44.1%), Poland (SEK-2.94M or -60.7%), and Egypt (SEK-2.63M or -18.9%). In May 2024, the increase in Concentrated Milk's year-by-year imports was explained primarily by an increase in imports from France (SEK17.1M or 3.29k%), Germany (SEK2.23M or 32.9%), and Belgium (SEK1.46M or 81.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-27.1M(-9.79%)
IMPORT GROWTH (May 2023 - May 2024)SEK10.7M(25.3%)
MAIN EXPORTER (May 2024)undefined250M
MAIN DESTINATION (May 2024)OmanSEK117M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$296M
IMPORTS (2022)$49.7M
NET TRADE (2022)$247M

In 2022, Sweden exported $296M in Concentrated Milk. The main destinations of Sweden exports on Concentrated Milk were Oman ($61.4M), Netherlands ($52.8M), China ($50.9M), Germany ($30.6M), and Egypt ($14.7M).

In 2022, Sweden imported $49.7M in Concentrated Milk, mainly from Germany ($18.3M), Finland ($7.57M), Netherlands ($7.47M), France ($6.41M), and Belgium ($3.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Netherlands$18.8M (55.2%)
Denmark$8.68M (162%)
Lebanon$5.6M (348%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Sweden WERE (2021 - 2022):
Oman-$12.2M (-16.5%)
Nigeria-$5.95M (-100%)
Pakistan-$4.88M (-51.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Concentrated Milk were:
New Zealand $6.99B
United States $3.25B
Netherlands $2.11B
In 2022, Sweden's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.9M
TOP IMPORT POTENTIALNetherlands+ $2.63M

Concentrated Milk’s highest export potential is China. With an export gap of $14.9M.   Concentrated Milk’s highest import potential is Netherlands with an import gap of $2.63M.

See methodology.

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