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2022
Exports $37.5MWorld Rnk 30 / 190
Flag Rnk 416 / 1212
2022
Destination $718k Norway
2021 - 2022
FASTEST GROWING MARKET $718kPoland
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments-1.37Rnk 926 / 1025
2022
Imports $118MWorld Rnk 16 / 217
Flag Rnk 289 / 1213
2022
Origin $10.2M China
2021 - 2022
FASTEST GROWING ORIGIN $10.2MBangladesh
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $37.5M in Knit Men's Undergarments, making it the 30th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 416th most exported product in Sweden. The main destination of Knit Men's Undergarments exports from Sweden are: Norway ($7.9M), Finland ($7.89M), Denmark ($4.68M), Netherlands ($4.31M), and Poland ($2.85M).

The fastest growing export markets for Knit Men's Undergarments of Sweden between 2021 and 2022 were Poland ($718k), China ($308k), and Italy ($226k).

Imports In 2022, Sweden imported $118M in Knit Men's Undergarments, becoming the 16th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 289th most imported product in Sweden. Sweden imports Knit Men's Undergarments primarily from: China ($38.1M), Bangladesh ($25.8M), Denmark ($11M), Netherlands ($9.29M), and Germany ($6.81M).

The fastest growing import markets in Knit Men's Undergarments for Sweden between 2021 and 2022 were Bangladesh ($10.2M), China ($2.96M), and Poland ($1.79M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Knit Men's Undergarments exports accounted up to SEK36.9M and imports accounted up to SEK48.5M, resulting in a negative trade balance of SEK11.6M. Between May 2023 and May 2024 the exports of Sweden's   Knit Men's Undergarments have increased by SEK9.1M (32.8%) from SEK27.8M to SEK36.9M, while imports decreased by SEK-13.4M (-21.7%) from SEK61.9M to SEK48.5M.

Destinations In May 2024, Knit Men's Undergarments were exported mostly to Germany (SEK9.47M), Norway (SEK9.13M), Finland (SEK4.91M), Poland (SEK4.33M), and Netherlands (SEK2.5M), and were imported mostly from Bangladesh (SEK11.3M), China (SEK8.49M), Denmark (SEK7.08M), Netherlands (SEK4.75M), and Germany (SEK4.51M).

Growth In May 2024, the increase in Knit Men's Undergarments's year-by-year exports was explained primarily by an increase in exports to Finland (SEK7.01M or 165%), Netherlands (SEK2.62M or 164%), and Denmark (SEK2.36M or 87.9%). In May 2024, the decrease in Knit Men's Undergarments's year-by-year imports was explained primarily by a decrease in imports from China (SEK-26.6M or -50.8%), Netherlands (SEK-1.18M or -17%), and France (SEK-726k or -74.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK9.1M(32.8%)
IMPORT GROWTH (May 2023 - May 2024)SEK-13.4M(-21.7%)
MAIN EXPORTER (May 2024)undefined48.1M
MAIN DESTINATION (May 2024)GermanySEK9.47M

This section shows Knit Men's Undergarments'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 Knit Men's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.5M
IMPORTS (2022)$118M
NET TRADE (2022)-$80.6M

In 2022, Sweden exported $37.5M in Knit Men's Undergarments. The main destinations of Sweden exports on Knit Men's Undergarments were Norway ($7.9M), Finland ($7.89M), Denmark ($4.68M), Netherlands ($4.31M), and Poland ($2.85M).

In 2022, Sweden imported $118M in Knit Men's Undergarments, mainly from China ($38.1M), Bangladesh ($25.8M), Denmark ($11M), Netherlands ($9.29M), and Germany ($6.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Poland$718k (33.6%)
China$308k (977%)
Italy$226k (343%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Sweden WERE (2021 - 2022):
Germany-$4.37M (-61.8%)
Netherlands-$1.66M (-27.8%)
Norway-$1.27M (-13.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Knit Men's Undergarments were:
China $3.23B
Bangladesh $1.2B
Vietnam $715M
In 2022, Sweden's main importing competitors in Knit Men's Undergarments were:
United States $2.31B
Germany $772M
United Kingdom $503M

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.51M
TOP IMPORT POTENTIALBangladesh+ $6.41M

Knit Men's Undergarments’s highest export potential is Germany. With an export gap of $1.51M.   Knit Men's Undergarments’s highest import potential is Bangladesh with an import gap of $6.41M.

See methodology.

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