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2023
Exports $642MWorld Rnk 21 / 203
Flag Rnk 54 / 1210
2023
Destination $15.2M United States
2022 - 2023
FASTEST GROWING MARKET $15.2MNetherlands
2023
PRODUCT COMPLEXITY IN Orthopedic Appliances1.09Rnk 148 / 1025
2023
Imports $446MWorld Rnk 28 / 220
Flag Rnk 81 / 1213
2023
Origin $7.42M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $7.42MPoland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $642M in Orthopedic Appliances, making it the 21st largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 54th most exported product in Sweden. The main destination of Orthopedic Appliances exports from Sweden are: United States ($149M), Netherlands ($96.3M), Germany ($66.8M), United Kingdom ($50.3M), and Denmark ($44.6M).

The fastest growing export markets for Orthopedic Appliances of Sweden between 2022 and 2023 were Netherlands ($15.2M), Germany ($13.8M), and China ($12.1M).

Imports In 2023, Sweden imported $446M in Orthopedic Appliances, becoming the 28th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 81st most imported product in Sweden. Sweden imports Orthopedic Appliances primarily from: Netherlands ($153M), Belgium ($60.1M), Germany ($56.7M), Poland ($21.9M), and Denmark ($21.4M).

The fastest growing import markets in Orthopedic Appliances for Sweden between 2022 and 2023 were Poland ($7.42M), Ireland ($4.76M), and Netherlands ($4.68M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Orthopedic Appliances exports accounted up to SEK419M and imports accounted up to SEK525M, resulting in a negative trade balance of SEK105M. Between October 2023 and October 2024 the exports of Sweden's   Orthopedic Appliances have increased by SEK73.6M (21.3%) from SEK346M to SEK419M, while imports increased by SEK76.3M (17%) from SEK449M to SEK525M.

Destinations In October 2024, Orthopedic Appliances were exported mostly to Netherlands (SEK101M), United States (SEK58.6M), Germany (SEK50.2M), Finland (SEK38M), and Norway (SEK30.5M), and were imported mostly from Netherlands (SEK163M), Germany (SEK108M), Belgium (SEK77.9M), United States (SEK22.2M), and Finland (SEK21.4M).

Growth In October 2024, the increase in Orthopedic Appliances's year-by-year exports was explained primarily by an increase in exports to Finland (SEK13.8M or 63.9%), Denmark (SEK11M or 49.9%), and Norway (SEK10.5M or 46.1%). In October 2024, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from Netherlands (SEK32.8M or 33.5%), Germany (SEK12.6M or 22.7%), and Belgium (SEK10.9M or 23.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK73.6M(21.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK76.3M(17%)
MAIN EXPORTER (October 2024)undefined419M
MAIN DESTINATION (October 2024)NetherlandsSEK101M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$642M
IMPORTS (2023)$446M
NET TRADE (2023)$196M

In 2023, Sweden exported $642M in Orthopedic Appliances. The main destinations of Sweden exports on Orthopedic Appliances were United States ($149M), Netherlands ($96.3M), Germany ($66.8M), United Kingdom ($50.3M), and Denmark ($44.6M).

In 2023, Sweden imported $446M in Orthopedic Appliances, mainly from Netherlands ($153M), Belgium ($60.1M), Germany ($56.7M), Poland ($21.9M), and Denmark ($21.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Netherlands$15.2M (18.8%)
Germany$13.8M (26.1%)
China$12.1M (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Sweden WERE (2022 - 2023):
Japan-$16.3M (-65.3%)
Spain-$12.8M (-64.8%)
Israel-$12.7M (-95.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Orthopedic Appliances were:
United States $14.6B
Switzerland $7.92B
Ireland $7.61B
In 2023, Sweden's main importing competitors in Orthopedic Appliances were:
United States $15.8B
Netherlands $8.92B
Germany $5.08B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.5M
TOP IMPORT POTENTIALUnited States+ $20.3M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $39.5M.   Orthopedic Appliances’s highest import potential is United States with an import gap of $20.3M.

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