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2022
Exports $82.6MWorld Rnk 9 / 188
Flag Rnk 286 / 1212
2022
Destination $3.16M Norway
2021 - 2022
FASTEST GROWING MARKET $3.16MGermany
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs-0.91Rnk 811 / 1025
2022
Imports $101MWorld Rnk 12 / 217
Flag Rnk 324 / 1213
2022
Origin $556k India
2021 - 2022
FASTEST GROWING ORIGIN $556kBangladesh
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $82.6M in Hand-Woven Rugs, making it the 9th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 286th most exported product in Sweden. The main destination of Hand-Woven Rugs exports from Sweden are: Norway ($15.6M), Denmark ($10.3M), United Kingdom ($7.39M), Germany ($6.68M), and Finland ($5.91M).

The fastest growing export markets for Hand-Woven Rugs of Sweden between 2021 and 2022 were Germany ($3.16M), Finland ($1.09M), and United Kingdom ($1.08M).

Imports In 2022, Sweden imported $101M in Hand-Woven Rugs, becoming the 12th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 324th most imported product in Sweden. Sweden imports Hand-Woven Rugs primarily from: India ($32.7M), Turkey ($25.4M), Belgium ($9.01M), Denmark ($7.93M), and Germany ($7.48M).

The fastest growing import markets in Hand-Woven Rugs for Sweden between 2021 and 2022 were Bangladesh ($556k), United Kingdom ($288k), and Spain ($225k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Hand-Woven Rugs exports accounted up to SEK97.4M and imports accounted up to SEK76.7M, resulting in a positive trade balance of SEK20.7M. Between May 2023 and May 2024 the exports of Sweden's   Hand-Woven Rugs have increased by SEK2.57M (2.71%) from SEK94.9M to SEK97.4M, while imports decreased by SEK-13.6M (-15.1%) from SEK90.3M to SEK76.7M.

Destinations In May 2024, Hand-Woven Rugs were exported mostly to Norway (SEK14.8M), United Kingdom (SEK10.4M), Denmark (SEK9.97M), Germany (SEK9.8M), and France (SEK8.72M), and were imported mostly from India (SEK23.7M), Turkey (SEK16.9M), Germany (SEK6.96M), Denmark (SEK5.88M), and Belgium (SEK5.53M).

Growth In May 2024, the increase in Hand-Woven Rugs's year-by-year exports was explained primarily by an increase in exports to Germany (SEK10.5M or 269%), France (SEK6.72M or 207%), and Finland (SEK4.66M or 151%). In May 2024, the decrease in Hand-Woven Rugs's year-by-year imports was explained primarily by a decrease in imports from India (SEK-13.8M or -41.2%), Turkey (SEK-6.95M or -22.9%), and China (SEK-4.47M or -77.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK2.57M(2.71%)
IMPORT GROWTH (May 2023 - May 2024)SEK-13.6M(-15.1%)
MAIN EXPORTER (May 2024)undefined118M
MAIN DESTINATION (May 2024)NorwaySEK14.8M

This section shows Hand-Woven Rugs'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 Hand-Woven Rugs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.6M
IMPORTS (2022)$101M
NET TRADE (2022)-$18.6M

In 2022, Sweden exported $82.6M in Hand-Woven Rugs. The main destinations of Sweden exports on Hand-Woven Rugs were Norway ($15.6M), Denmark ($10.3M), United Kingdom ($7.39M), Germany ($6.68M), and Finland ($5.91M).

In 2022, Sweden imported $101M in Hand-Woven Rugs, mainly from India ($32.7M), Turkey ($25.4M), Belgium ($9.01M), Denmark ($7.93M), and Germany ($7.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$3.16M (90.1%)
Finland$1.09M (22.8%)
United Kingdom$1.08M (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Sweden WERE (2021 - 2022):
China-$1.61M (-83.7%)
Norway-$806k (-4.92%)
Denmark-$768k (-6.93%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Sweden's main importing competitors in Hand-Woven Rugs were:
United States $1.61B
Germany $392M
Saudi Arabia $218M

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.88M
TOP IMPORT POTENTIALChina+ $1.99M

Hand-Woven Rugs’s highest export potential is United States. With an export gap of $3.88M.   Hand-Woven Rugs’s highest import potential is China with an import gap of $1.99M.

See methodology.

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