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2023
Exports $26.5MWorld Rnk 32 / 153
Flag Rnk 453 / 1210
2023
Destination $1.22M Denmark
2022 - 2023
FASTEST GROWING MARKET $1.22MPortugal
2023
PRODUCT COMPLEXITY IN Fermented Milk Products-0.17Rnk 610 / 1025
2023
Imports $124MWorld Rnk 11 / 223
Flag Rnk 263 / 1213
2023
Origin $3.81M Finland
2022 - 2023
FASTEST GROWING ORIGIN $3.81MBelgium
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $26.5M in Fermented Milk Products, making it the 32nd largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 453rd most exported product in Sweden. The main destination of Fermented Milk Products exports from Sweden are: Denmark ($7.63M), Netherlands ($4.23M), Finland ($4.2M), Portugal ($2.09M), and Norway ($1.51M).

The fastest growing export markets for Fermented Milk Products of Sweden between 2022 and 2023 were Portugal ($1.22M), Germany ($1.02M), and Egypt ($308k).

Imports In 2023, Sweden imported $124M in Fermented Milk Products, becoming the 11th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 263rd most imported product in Sweden. Sweden imports Fermented Milk Products primarily from: Finland ($41.3M), Germany ($29.1M), Belgium ($9.74M), Poland ($8.94M), and Netherlands ($8.71M).

The fastest growing import markets in Fermented Milk Products for Sweden between 2022 and 2023 were Belgium ($3.81M), Spain ($2.65M), and Finland ($2.07M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Fermented Milk Products from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Fermented Milk Products exports accounted up to SEK14.1M and imports accounted up to SEK17.8M, resulting in a negative trade balance of SEK3.68M. Between November 2023 and November 2024 the exports of Sweden's   Fermented Milk Products have increased by SEK6.18M (77.9%) from SEK7.93M to SEK14.1M, while imports increased by SEK584k (3.4%) from SEK17.2M to SEK17.8M.

Destinations In November 2024, Fermented Milk Products were exported mostly to South Africa (SEK2.93M), Netherlands (SEK2.84M), Denmark (SEK1.94M), Spain (SEK1.51M), and Philippines (SEK1.47M), and were imported mostly from Finland (SEK7.79M), Denmark (SEK2.64M), Germany (SEK2.41M), Czechia (SEK919k), and Belgium (SEK915k).

Growth In November 2024, the increase in Fermented Milk Products's year-by-year exports was explained primarily by an increase in exports to Germany (SEK1.47M or 358%), China (SEK1.12M or 906%), and Finland (SEK826k or 23.4%). In November 2024, the increase in Fermented Milk Products's year-by-year imports was explained primarily by an increase in imports from Finland (SEK2.86M or 54.5%), Germany (SEK2.03M or 47.2%), and Poland (SEK692k or 41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK6.18M(77.9%)
IMPORT GROWTH (November 2023 - November 2024)SEK584k(3.4%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)South AfricaSEK2.93M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$26.5M
IMPORTS (2023)$124M
NET TRADE (2023)-$97.9M

In 2023, Sweden exported $26.5M in Fermented Milk Products. The main destinations of Sweden exports on Fermented Milk Products were Denmark ($7.63M), Netherlands ($4.23M), Finland ($4.2M), Portugal ($2.09M), and Norway ($1.51M).

In 2023, Sweden imported $124M in Fermented Milk Products, mainly from Finland ($41.3M), Germany ($29.1M), Belgium ($9.74M), Poland ($8.94M), and Netherlands ($8.71M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Portugal$1.22M (139%)
Germany$1.02M (282%)
Egypt$308k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Sweden WERE (2022 - 2023):
Finland-$7.74M (-64.8%)
Denmark-$2.22M (-22.5%)
Singapore-$1.18M (-90.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Fermented Milk Products were:
Germany $1.11B
France $695M
Belgium $431M
In 2023, Sweden's main importing competitors in Fermented Milk Products were:
Italy $585M
United Kingdom $542M
Netherlands $372M

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $690k
TOP IMPORT POTENTIALFrance+ $2.07M

Fermented Milk Products’s highest export potential is France. With an export gap of $690k.   Fermented Milk Products’s highest import potential is France with an import gap of $2.07M.

See methodology.

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