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2023
Exports $1.5MWorld Rnk 29 / 141
Flag Rnk 901 / 1210
2023
Destination $189k Germany
2022 - 2023
FASTEST GROWING MARKET $189kHungary
2023
PRODUCT COMPLEXITY IN Cooking Hand Tools0.89Rnk 210 / 1025
2023
Imports $6.29MWorld Rnk 22 / 209
Flag Rnk 851 / 1213
2023
Origin $323k China
2022 - 2023
FASTEST GROWING ORIGIN $323kFrance
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $1.5M in Cooking Hand Tools, making it the 29th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 901st most exported product in Sweden. The main destination of Cooking Hand Tools exports from Sweden are: Germany ($202k), Norway ($198k), Hungary ($194k), Denmark ($160k), and France ($142k).

The fastest growing export markets for Cooking Hand Tools of Sweden between 2022 and 2023 were Hungary ($189k), France ($137k), and Norway ($84.5k).

Imports In 2023, Sweden imported $6.29M in Cooking Hand Tools, becoming the 22nd largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 851st most imported product in Sweden. Sweden imports Cooking Hand Tools primarily from: China ($2.4M), Denmark ($1.33M), France ($996k), Germany ($570k), and Netherlands ($302k).

The fastest growing import markets in Cooking Hand Tools for Sweden between 2022 and 2023 were France ($323k), Netherlands ($203k), and China ($144k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Cooking Hand Tools exports accounted up to SEK3.2M and imports accounted up to SEK9.53M, resulting in a negative trade balance of SEK6.33M. Between October 2023 and October 2024 the exports of Sweden's   Cooking Hand Tools have decreased by SEK-815k (-20.3%) from SEK4.01M to SEK3.2M, while imports increased by SEK2.05M (27.3%) from SEK7.48M to SEK9.53M.

Destinations In October 2024, Cooking Hand Tools were exported mostly to Norway (SEK1.11M), Germany (SEK926k), Denmark (SEK421k), Finland (SEK243k), and France (SEK50k), and were imported mostly from China (SEK2.23M), Norway (SEK1.86M), France (SEK1.82M), Germany (SEK1.14M), and Denmark (SEK1.02M).

Growth In October 2024, the decrease in Cooking Hand Tools's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-94k or -31.8%), United States (SEK-94k or -79%), and Poland (SEK-78k or -57.8%). In October 2024, the increase in Cooking Hand Tools's year-by-year imports was explained primarily by an increase in imports from Belgium (SEK128k or 3.2k%), Norway (SEK112k or 120%), and France (SEK103k or 28.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-815k(-20.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK2.05M(27.3%)
MAIN EXPORTER (October 2024)undefined3.2M
MAIN DESTINATION (October 2024)NorwaySEK1.11M

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.5M
IMPORTS (2023)$6.29M
NET TRADE (2023)-$4.79M

In 2023, Sweden exported $1.5M in Cooking Hand Tools. The main destinations of Sweden exports on Cooking Hand Tools were Germany ($202k), Norway ($198k), Hungary ($194k), Denmark ($160k), and France ($142k).

In 2023, Sweden imported $6.29M in Cooking Hand Tools, mainly from China ($2.4M), Denmark ($1.33M), France ($996k), Germany ($570k), and Netherlands ($302k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Hungary$189k (3.68k%)
France$137k (3.2k%)
Norway$84.5k (74.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Sweden WERE (2022 - 2023):
Denmark-$75.8k (-32.1%)
South Korea-$37.8k (-95.2%)
Spain-$25.8k (-47.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Cooking Hand Tools were:
China $359M
France $34.6M
Germany $33.9M
In 2023, Sweden's main importing competitors in Cooking Hand Tools were:
United States $123M
Germany $52.4M
Canada $32.1M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $132k
TOP IMPORT POTENTIALChina+ $116k

Cooking Hand Tools’s highest export potential is United States. With an export gap of $132k.   Cooking Hand Tools’s highest import potential is China with an import gap of $116k.

See methodology.

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