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2022
Exports $288MWorld Rnk 30 / 221
Flag Rnk 135 / 1212
2022
Destination $4.59M Norway
2021 - 2022
FASTEST GROWING MARKET $4.59MFinland
2022
PRODUCT COMPLEXITY IN Knit Sweaters-1.3Rnk 909 / 1025
2022
Imports $729MWorld Rnk 20 / 218
Flag Rnk 46 / 1213
2022
Origin $33.2M China
2021 - 2022
FASTEST GROWING ORIGIN $33.2MBangladesh
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $288M in Knit Sweaters, making it the 30th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 135th most exported product in Sweden. The main destination of Knit Sweaters exports from Sweden are: Norway ($66.8M), Finland ($42.7M), Denmark ($41.6M), Germany ($27.7M), and Netherlands ($18.3M).

The fastest growing export markets for Knit Sweaters of Sweden between 2021 and 2022 were Finland ($4.59M), Norway ($3.35M), and France ($1.96M).

Imports In 2022, Sweden imported $729M in Knit Sweaters, becoming the 20th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 46th most imported product in Sweden. Sweden imports Knit Sweaters primarily from: China ($164M), Bangladesh ($135M), Denmark ($83.7M), Germany ($64.5M), and Netherlands ($59.4M).

The fastest growing import markets in Knit Sweaters for Sweden between 2021 and 2022 were Bangladesh ($33.2M), China ($15.1M), and Burma ($9.46M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Knit Sweaters exports accounted up to SEK349M and imports accounted up to SEK790M, resulting in a negative trade balance of SEK441M. Between August 2023 and August 2024 the exports of Sweden's   Knit Sweaters have decreased by SEK-2.41M (-0.69%) from SEK352M to SEK349M, while imports increased by SEK12.5M (1.61%) from SEK777M to SEK790M.

Destinations In August 2024, Knit Sweaters were exported mostly to Norway (SEK88.7M), Finland (SEK52.1M), Germany (SEK51.7M), Denmark (SEK32M), and Poland (SEK20.4M), and were imported mostly from China (SEK181M), Bangladesh (SEK150M), Denmark (SEK125M), Netherlands (SEK48M), and Germany (SEK41.8M).

Growth In August 2024, the decrease in Knit Sweaters's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-4.7M or -10.1%), Iceland (SEK-2.32M or -61.4%), and United States (SEK-1.65M or -17.4%). In August 2024, the increase in Knit Sweaters's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK17.1M or 28.5%), Macau (SEK2.43M or 514%), and India (SEK2.42M or 49.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-2.41M(-0.69%)
IMPORT GROWTH (August 2023 - August 2024)SEK12.5M(1.61%)
MAIN EXPORTER (August 2024)undefined349M
MAIN DESTINATION (August 2024)NorwaySEK88.7M

This section shows Knit Sweaters'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 Sweaters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$288M
IMPORTS (2022)$729M
NET TRADE (2022)-$442M

In 2022, Sweden exported $288M in Knit Sweaters. The main destinations of Sweden exports on Knit Sweaters were Norway ($66.8M), Finland ($42.7M), Denmark ($41.6M), Germany ($27.7M), and Netherlands ($18.3M).

In 2022, Sweden imported $729M in Knit Sweaters, mainly from China ($164M), Bangladesh ($135M), Denmark ($83.7M), Germany ($64.5M), and Netherlands ($59.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Finland$4.59M (12.1%)
Norway$3.35M (5.27%)
France$1.96M (38.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Sweden WERE (2021 - 2022):
United Kingdom-$7.42M (-39.7%)
Denmark-$1.57M (-3.63%)
China-$1.36M (-41.8%)
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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 Sweaters were:
China $20.4B
Bangladesh $8.02B
Vietnam $4.83B
In 2022, Sweden's main importing competitors in Knit Sweaters were:
United States $15.9B
Germany $7.28B
Japan $4.37B

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.9M
TOP IMPORT POTENTIALChina+ $45M

Knit Sweaters’s highest export potential is Germany. With an export gap of $13.9M.   Knit Sweaters’s highest import potential is China with an import gap of $45M.

See methodology.

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