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2022
Exports $30.4MWorld Rnk 12 / 153
Flag Rnk 455 / 1212
falsefalse Chinese Taipei
2021 - 2022
FASTEST GROWING MARKETfalseChinese Taipei
2022
PRODUCT COMPLEXITY IN Laboratory Reagents1.53Rnk 45 / 1025
2022
Imports $507kWorld Rnk 101 / 180
Flag Rnk 1106 / 1213
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $30.4M in Laboratory Reagents, making it the 12th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 455th most exported product in Sweden. The main destination of Laboratory Reagents exports from Sweden are: Chinese Taipei ($9.49M), Philippines ($8.16M), Malawi ($1.24M), Timor-Leste ($1.17M), and Ecuador ($1.08M).

The fastest growing export markets for Laboratory Reagents of Sweden between 2021 and 2022 were Chinese Taipei ($3.57M), Togo ($957k), and Ecuador ($773k).

Imports In 2022, Sweden imported $507k in Laboratory Reagents, becoming the 101st largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 1106th most imported product in Sweden. Sweden imports Laboratory Reagents primarily from: Chinese Taipei ($507k).

Latest Trends

December 2021

About

Overview In December 2021 Sweden's Laboratory Reagents exports accounted up to SEK1.17B and imports accounted up to SEK451M, resulting in a positive trade balance of SEK720M. Between December 2020 and December 2021 the exports of Sweden's   Laboratory Reagents have increased by SEK515M (78.6%) from SEK656M to SEK1.17B, while imports increased by SEK87.8M (24.2%) from SEK363M to SEK451M.

Destinations In December 2021, Laboratory Reagents were exported mostly to , and were imported mostly from .

Growth In December 2021, the increase in Laboratory Reagents's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Laboratory Reagents's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)SEK515M(78.6%)
IMPORT GROWTH (December 2020 - December 2021)SEK87.8M(24.2%)
MAIN EXPORTER (December 2021)
MAIN DESTINATION (December 2021)

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.4M
IMPORTS (2022)$507k
NET TRADE (2022)$29.9M

In 2022, Sweden exported $30.4M in Laboratory Reagents. The main destinations of Sweden exports on Laboratory Reagents were Chinese Taipei ($9.49M), Philippines ($8.16M), Malawi ($1.24M), Timor-Leste ($1.17M), and Ecuador ($1.08M).

In 2022, Sweden imported $507k in Laboratory Reagents, mainly from Chinese Taipei ($507k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Chinese Taipei$3.57M (60.3%)
Togo$957k (25.7k%)
Ecuador$773k (251%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Sweden WERE (2021 - 2022):
United States-$366M (-100%)
Netherlands-$196M (-100%)
Japan-$99.2M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Laboratory Reagents were:
United States $521M
Chinese Taipei $423M
Germany $163M
In 2022, Sweden's main importing competitors in Laboratory Reagents were:
Chinese Taipei $427M
Philippines $176M
Argentina $174M

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41.2M
TOP IMPORT POTENTIALChina+ $21.5M

Laboratory Reagents’s highest export potential is China. With an export gap of $41.2M.   Laboratory Reagents’s highest import potential is China with an import gap of $21.5M.

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