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2022
Exports $744MWorld Rnk 23 / 218
Flag Rnk 45 / 1212
2022
Destination $10.3M Norway
2021 - 2022
FASTEST GROWING MARKET $10.3MBelgium
2022
PRODUCT COMPLEXITY IN Other Edible Preparations0.054Rnk 531 / 1025
2022
Imports $550MWorld Rnk 31 / 226
Flag Rnk 69 / 1213
2022
Origin $16.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $16.4MDenmark
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $744M in Other Edible Preparations, making it the 23rd largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 45th most exported product in Sweden. The main destination of Other Edible Preparations exports from Sweden are: Norway ($108M), Denmark ($95.6M), Finland ($81.2M), United States ($63.4M), and United Kingdom ($49.4M).

The fastest growing export markets for Other Edible Preparations of Sweden between 2021 and 2022 were Belgium ($10.3M), United Kingdom ($9.91M), and Denmark ($9.55M).

Imports In 2022, Sweden imported $550M in Other Edible Preparations, becoming the 31st largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 69th most imported product in Sweden. Sweden imports Other Edible Preparations primarily from: Germany ($98.2M), Netherlands ($76.2M), Denmark ($73.5M), Norway ($35M), and Poland ($34.8M).

The fastest growing import markets in Other Edible Preparations for Sweden between 2021 and 2022 were Denmark ($16.4M), Netherlands ($13.2M), and Germany ($11.3M).

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

August 2024

About

Overview In August 2024 Sweden's Other Edible Preparations exports accounted up to SEK473M and imports accounted up to SEK463M, resulting in a positive trade balance of SEK9.46M. Between August 2023 and August 2024 the exports of Sweden's   Other Edible Preparations have decreased by SEK-40.4M (-7.87%) from SEK513M to SEK473M, while imports decreased by SEK-33M (-6.64%) from SEK496M to SEK463M.

Destinations In August 2024, Other Edible Preparations were exported mostly to Norway (SEK99.9M), Denmark (SEK84.8M), Finland (SEK56.5M), Germany (SEK40.8M), and China (SEK25.7M), and were imported mostly from Netherlands (SEK70.4M), Germany (SEK64.7M), Ireland (SEK49.5M), Norway (SEK34.4M), and Finland (SEK30.8M).

Growth In August 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 August 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 (August 2023 - August 2024)SEK-40.4M(-7.87%)
IMPORT GROWTH (August 2023 - August 2024)SEK-33M(-6.64%)
MAIN EXPORTER (August 2024)undefined544M
MAIN DESTINATION (August 2024)NorwaySEK99.9M

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 (2022)$744M
IMPORTS (2022)$550M
NET TRADE (2022)$194M

In 2022, Sweden exported $744M in Other Edible Preparations. The main destinations of Sweden exports on Other Edible Preparations were Norway ($108M), Denmark ($95.6M), Finland ($81.2M), United States ($63.4M), and United Kingdom ($49.4M).

In 2022, Sweden imported $550M in Other Edible Preparations, mainly from Germany ($98.2M), Netherlands ($76.2M), Denmark ($73.5M), Norway ($35M), and Poland ($34.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Belgium$10.3M (259%)
United Kingdom$9.91M (25.1%)
Denmark$9.55M (11.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Sweden WERE (2021 - 2022):
Norway-$7.3M (-6.33%)
United States-$3.92M (-5.82%)
Russia-$3.44M (-62.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Other Edible Preparations were:
United States $7.48B
Singapore $6.77B
Germany $4.94B
In 2022, Sweden's main importing competitors in Other Edible Preparations were:
United States $8.4B
China $2.83B
Germany $2.64B

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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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