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2023
Exports $99.6MWorld Rnk 36 / 186
Flag Rnk 250 / 1210
2023
Destination $3.04M Denmark
2022 - 2023
FASTEST GROWING MARKET $3.04MFinland
2023
PRODUCT COMPLEXITY IN Malt Extract-0.019Rnk 566 / 1025
2023
Imports $228MWorld Rnk 28 / 224
Flag Rnk 154 / 1213
2023
Origin $11.5M Germany
2022 - 2023
FASTEST GROWING ORIGIN $11.5MDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $99.6M in Malt Extract, making it the 36th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 250th most exported product in Sweden. The main destination of Malt Extract exports from Sweden are: Denmark ($18.8M), Finland ($16.3M), Netherlands ($13.2M), Norway ($10.4M), and Czechia ($6.55M).

The fastest growing export markets for Malt Extract of Sweden between 2022 and 2023 were Finland ($3.04M), Denmark ($1.99M), and Italy ($605k).

Imports In 2023, Sweden imported $228M in Malt Extract, becoming the 28th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 154th most imported product in Sweden. Sweden imports Malt Extract primarily from: Germany ($37.8M), France ($33.7M), Denmark ($31.9M), Spain ($24.5M), and Estonia ($20M).

The fastest growing import markets in Malt Extract for Sweden between 2022 and 2023 were Denmark ($11.5M), Germany ($9.28M), and Italy ($6.8M).

COMPANIES In 2023, leading companies such as IKEA Group (29) were at the forefront of shipping Malt Extract from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Malt Extract exports accounted up to SEK92.3M and imports accounted up to SEK203M, resulting in a negative trade balance of SEK111M. Between October 2023 and October 2024 the exports of Sweden's   Malt Extract have decreased by SEK-11.3M (-10.9%) from SEK104M to SEK92.3M, while imports decreased by SEK-15.6M (-7.13%) from SEK219M to SEK203M.

Destinations In October 2024, Malt Extract were exported mostly to Norway (SEK26.1M), Denmark (SEK19.9M), Finland (SEK10.8M), Netherlands (SEK8.92M), and China (SEK6.71M), and were imported mostly from France (SEK33.2M), Denmark (SEK29.2M), Germany (SEK27.2M), Estonia (SEK25.3M), and Spain (SEK17.3M).

Growth In October 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Vietnam (SEK-7.28M or -86.6%), France (SEK-2.37M or -87.1%), and Poland (SEK-1.97M or -48.5%). In October 2024, the decrease in Malt Extract's year-by-year imports was explained primarily by a decrease in imports from Thailand (SEK-402k or -79.6%), India (SEK-355k or -81.4%), and United States (SEK-152k or -85.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-11.3M(-10.9%)
IMPORT GROWTH (October 2023 - October 2024)SEK-15.6M(-7.13%)
MAIN EXPORTER (October 2024)undefined119M
MAIN DESTINATION (October 2024)NorwaySEK26.1M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$99.6M
IMPORTS (2023)$228M
NET TRADE (2023)-$128M

In 2023, Sweden exported $99.6M in Malt Extract. The main destinations of Sweden exports on Malt Extract were Denmark ($18.8M), Finland ($16.3M), Netherlands ($13.2M), Norway ($10.4M), and Czechia ($6.55M).

In 2023, Sweden imported $228M in Malt Extract, mainly from Germany ($37.8M), France ($33.7M), Denmark ($31.9M), Spain ($24.5M), and Estonia ($20M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Finland$3.04M (23%)
Denmark$1.99M (11.8%)
Italy$605k (63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Sweden WERE (2022 - 2023):
Oman-$14.3M (-100%)
Vietnam-$8.93M (-97.2%)
Spain-$3.92M (-50.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Malt Extract were:
Netherlands $3.27B
Germany $2.72B
France $2.57B
In 2023, Sweden's main importing competitors in Malt Extract were:
China $4.38B
United States $1.58B
United Kingdom $1.02B

Explore Visualizations

Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.65M
TOP IMPORT POTENTIALNetherlands+ $6.09M

Malt Extract’s highest export potential is China. With an export gap of $7.65M.   Malt Extract’s highest import potential is Netherlands with an import gap of $6.09M.

See methodology.

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