2022
Exports
$602MWorld Rnk 16 / 162
Flag Rnk 57 / 1212
2022
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.22Rnk 103 / 1025
2022
Imports
$537MWorld Rnk 26 / 211
Flag Rnk 74 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $602M 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 57th most exported product in Sweden. The main destination of Nitrogen Heterocyclic Compounds exports from Sweden are: Belgium ($209M), Russia ($136M), China ($107M), Germany ($97.8M), and United Kingdom ($12.4M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Sweden between 2021 and 2022 were Russia ($59.4M), Belgium ($38.6M), and United Kingdom ($11M).

Imports In 2022, Sweden imported $537M in Nitrogen Heterocyclic Compounds, becoming the 26th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 74th most imported product in Sweden. Sweden imports Nitrogen Heterocyclic Compounds primarily from: France ($228M), Switzerland ($165M), Belgium ($34.6M), Japan ($32.3M), and Germany ($20M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Sweden between 2021 and 2022 were Switzerland ($11.3M), Japan ($6.56M), and China ($4.58M).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK454M(808%)
IMPORT GROWTH (August 2023 - August 2024)SEK-76.3M(-15.4%)
MAIN EXPORTER (August 2024)undefined510M
MAIN DESTINATION (August 2024)RussiaSEK326M

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 (2022)$602M
IMPORTS (2022)$537M
NET TRADE (2022)$65.1M

In 2022, Sweden exported $602M in Nitrogen Heterocyclic Compounds. The main destinations of Sweden exports on Nitrogen Heterocyclic Compounds were Belgium ($209M), Russia ($136M), China ($107M), Germany ($97.8M), and United Kingdom ($12.4M).

In 2022, Sweden imported $537M in Nitrogen Heterocyclic Compounds, mainly from France ($228M), Switzerland ($165M), Belgium ($34.6M), Japan ($32.3M), and Germany ($20M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Russia$59.4M (77.3%)
Belgium$38.6M (22.6%)
United Kingdom$11M (748%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Sweden WERE (2021 - 2022):
United States-$42.5M (-82.9%)
Ireland-$9M (-46.7%)
Australia-$3.09M (-69.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2022, 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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