2023
Exports
$790MWorld Rnk 16 / 153
Flag Rnk 44 / 1210
2023
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.11Rnk 141 / 1025
2023
Imports
$961MWorld Rnk 21 / 208
Flag Rnk 28 / 1213
2023
ECONOMIC COMPLEXITY of Sweden
1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $790M in Nitrogen Heterocyclic Compounds, making it the 16th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 44th most exported product in Sweden. The main destination of Nitrogen Heterocyclic Compounds exports from Sweden are: Belgium ($436M), Russia ($183M), China ($72.7M), Germany ($40.6M), and United States ($21.4M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Sweden between 2022 and 2023 were Belgium ($215M), Russia ($46.5M), and United States ($8.04M).

Imports In 2023, Sweden imported $961M in Nitrogen Heterocyclic Compounds, becoming the 21st largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 28th most imported product in Sweden. Sweden imports Nitrogen Heterocyclic Compounds primarily from: Switzerland ($494M), France ($320M), Japan ($45.1M), Belgium ($30.6M), and China ($24M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Sweden between 2022 and 2023 were Switzerland ($353M), France ($81M), and China ($4.51M).

COMPANIES In 2023, leading companies such as NOURYON FUNCTIONAL CHEMICALS LLC (21), Volvo (2), and IKEA Group (1) were at the forefront of shipping Nitrogen Heterocyclic Compounds from Sweden to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-237M(-62.3%)
IMPORT GROWTH (November 2023 - November 2024)SEK-198M(-29.8%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)RussiaSEK86M

This section shows Nitrogen Heterocyclic Compounds'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 Nitrogen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$790M
IMPORTS (2023)$961M
NET TRADE (2023)-$171M

In 2023, Sweden exported $790M in Nitrogen Heterocyclic Compounds. The main destinations of Sweden exports on Nitrogen Heterocyclic Compounds were Belgium ($436M), Russia ($183M), China ($72.7M), Germany ($40.6M), and United States ($21.4M).

In 2023, Sweden imported $961M in Nitrogen Heterocyclic Compounds, mainly from Switzerland ($494M), France ($320M), Japan ($45.1M), Belgium ($30.6M), and China ($24M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Belgium$215M (97.7%)
Russia$46.5M (34.1%)
United States$8.04M (60.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Sweden WERE (2022 - 2023):
Germany-$57.3M (-58.5%)
Ireland-$3.83M (-36.9%)
Portugal-$3.73M (-99.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2023, Sweden's main importing competitors in Nitrogen Heterocyclic Compounds were:

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Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15M
TOP IMPORT POTENTIALChina+ $22.5M

Nitrogen Heterocyclic Compounds’s highest export potential is United States. With an export gap of $15M.   Nitrogen Heterocyclic Compounds’s highest import potential is China with an import gap of $22.5M.

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