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2023
Exports $856MWorld Rnk 20 / 217
Flag Rnk 40 / 1210
2023
Destination $60M Denmark
2022 - 2023
FASTEST GROWING MARKET $60MNorway
2023
PRODUCT COMPLEXITY IN Other Edible Preparations0.053Rnk 538 / 1025
2023
Imports $626MWorld Rnk 29 / 226
Flag Rnk 54 / 1213
2023
Origin $28.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $28.2MPoland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $856M in Other Edible Preparations, making it the 20th largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 40th most exported product in Sweden. The main destination of Other Edible Preparations exports from Sweden are: Denmark ($144M), Norway ($110M), Finland ($83.9M), United Kingdom ($67.1M), and United States ($59.5M).

The fastest growing export markets for Other Edible Preparations of Sweden between 2022 and 2023 were Norway ($60M), Denmark ($44.3M), and United Kingdom ($19.7M).

Imports In 2023, Sweden imported $626M in Other Edible Preparations, becoming the 29th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 54th most imported product in Sweden. Sweden imports Other Edible Preparations primarily from: Germany ($103M), Denmark ($92.1M), Netherlands ($82.6M), Poland ($55.6M), and Norway ($35M).

The fastest growing import markets in Other Edible Preparations for Sweden between 2022 and 2023 were Poland ($28.2M), Denmark ($17.7M), and Netherlands ($8.73M).

COMPANIES In 2023, leading companies such as IKEA Group (1) and NOURYON FUNCTIONAL CHEMICALS LLC (1) were at the forefront of shipping Other Edible Preparations from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Other Edible Preparations exports accounted up to SEK513M and imports accounted up to SEK474M, resulting in a positive trade balance of SEK39M. Between November 2023 and November 2024 the exports of Sweden's   Other Edible Preparations have decreased by SEK-20.4M (-3.83%) from SEK534M to SEK513M, while imports decreased by SEK-38.4M (-7.48%) from SEK513M to SEK474M.

Destinations In November 2024, Other Edible Preparations were exported mostly to Denmark (SEK88.8M), Norway (SEK87.1M), Finland (SEK61.1M), Germany (SEK46.2M), and United Kingdom (SEK22.2M), and were imported mostly from Germany (SEK75.5M), Netherlands (SEK64.3M), Ireland (SEK44.3M), Poland (SEK43.5M), and Norway (SEK38.6M).

Growth In November 2024, the decrease in Other Edible Preparations's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-38.3M or -79.2%), United Kingdom (SEK-15.4M or -40.8%), and Australia (SEK-14.3M or -95.2%). In November 2024, the decrease in Other Edible Preparations's year-by-year imports was explained primarily by a decrease in imports from Thailand (SEK-12.3M or -57.2%), Denmark (SEK-7.33M or -20.5%), and China (SEK-3.16M or -40.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-20.4M(-3.83%)
IMPORT GROWTH (November 2023 - November 2024)SEK-38.4M(-7.48%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)DenmarkSEK88.8M

This section shows Other Edible Preparations'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 Other Edible Preparations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$856M
IMPORTS (2023)$626M
NET TRADE (2023)$231M

In 2023, Sweden exported $856M in Other Edible Preparations. The main destinations of Sweden exports on Other Edible Preparations were Denmark ($144M), Norway ($110M), Finland ($83.9M), United Kingdom ($67.1M), and United States ($59.5M).

In 2023, Sweden imported $626M in Other Edible Preparations, mainly from Germany ($103M), Denmark ($92.1M), Netherlands ($82.6M), Poland ($55.6M), and Norway ($35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$60M (121%)
Denmark$44.3M (44.5%)
United Kingdom$19.7M (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Sweden WERE (2022 - 2023):
United States-$5.13M (-7.93%)
France-$4.47M (-9.94%)
Canada-$3.6M (-9.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Other Edible Preparations were:
United States $7.53B
Singapore $5.65B
Germany $5.51B
In 2023, Sweden's main importing competitors in Other Edible Preparations were:
United States $7.23B
China $4.27B
Germany $2.97B

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.6M
TOP IMPORT POTENTIALChina+ $12.8M

Other Edible Preparations’s highest export potential is United States. With an export gap of $27.6M.   Other Edible Preparations’s highest import potential is China with an import gap of $12.8M.

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