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2022
Exports $190MWorld Rnk 41 / 226
Flag Rnk 177 / 1212
2022
Destination $3.47M Norway
2021 - 2022
FASTEST GROWING MARKET $3.47MNorway
2022
PRODUCT COMPLEXITY IN Knit T-shirts-1.34Rnk 921 / 1025
2022
Imports $474MWorld Rnk 25 / 223
Flag Rnk 88 / 1213
2022
Origin $35.5M Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $35.5MBangladesh
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $190M in Knit T-shirts, making it the 41st largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 177th most exported product in Sweden. The main destination of Knit T-shirts exports from Sweden are: Norway ($39.4M), Finland ($33.3M), Denmark ($29.6M), Germany ($15.3M), and Israel ($10.7M).

The fastest growing export markets for Knit T-shirts of Sweden between 2021 and 2022 were Norway ($3.47M), Slovakia ($2.29M), and Israel ($1.59M).

Imports In 2022, Sweden imported $474M in Knit T-shirts, becoming the 25th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 88th most imported product in Sweden. Sweden imports Knit T-shirts primarily from: Bangladesh ($133M), Germany ($52.1M), China ($49.7M), Denmark ($45.3M), and Turkey ($34.6M).

The fastest growing import markets in Knit T-shirts for Sweden between 2021 and 2022 were Bangladesh ($35.5M), China ($7.88M), and India ($4.1M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Knit T-shirts exports accounted up to SEK212M and imports accounted up to SEK443M, resulting in a negative trade balance of SEK231M. Between August 2023 and August 2024 the exports of Sweden's   Knit T-shirts have increased by SEK16.2M (8.29%) from SEK195M to SEK212M, while imports increased by SEK88.2M (24.9%) from SEK354M to SEK443M.

Destinations In August 2024, Knit T-shirts were exported mostly to Norway (SEK50.3M), Finland (SEK40.6M), Germany (SEK31.1M), Denmark (SEK19.1M), and Poland (SEK14.4M), and were imported mostly from Bangladesh (SEK98.7M), Turkey (SEK46.1M), China (SEK43.3M), Germany (SEK40.5M), and Denmark (SEK34.7M).

Growth In August 2024, the increase in Knit T-shirts's year-by-year exports was explained primarily by an increase in exports to Finland (SEK8.59M or 44.2%), Poland (SEK4.52M or 70%), and Belgium (SEK3.65M or 136%). In August 2024, the increase in Knit T-shirts's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK11.4M or 38.4%), Bangladesh (SEK9.7M or 11.2%), and Turkey (SEK6.85M or 30.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK16.2M(8.29%)
IMPORT GROWTH (August 2023 - August 2024)SEK88.2M(24.9%)
MAIN EXPORTER (August 2024)undefined244M
MAIN DESTINATION (August 2024)NorwaySEK50.3M

This section shows Knit T-shirts'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 T-shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$190M
IMPORTS (2022)$474M
NET TRADE (2022)-$285M

In 2022, Sweden exported $190M in Knit T-shirts. The main destinations of Sweden exports on Knit T-shirts were Norway ($39.4M), Finland ($33.3M), Denmark ($29.6M), Germany ($15.3M), and Israel ($10.7M).

In 2022, Sweden imported $474M in Knit T-shirts, mainly from Bangladesh ($133M), Germany ($52.1M), China ($49.7M), Denmark ($45.3M), and Turkey ($34.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$3.47M (9.68%)
Slovakia$2.29M (306%)
Israel$1.59M (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Sweden WERE (2021 - 2022):
Germany-$7.7M (-33.4%)
Denmark-$3.29M (-10%)
United Kingdom-$1.25M (-16.8%)
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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 T-shirts were:
China $9.12B
Bangladesh $9.06B
Turkey $2.8B
In 2022, Sweden's main importing competitors in Knit T-shirts were:
United States $11.5B
Germany $5.63B
France $2.7B

Explore Visualizations

Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.9M
TOP IMPORT POTENTIALBangladesh+ $33.4M

Knit T-shirts’s highest export potential is Germany. With an export gap of $10.9M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $33.4M.

See methodology.

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