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2022
Exports $12.5MWorld Rnk 21 / 153
Flag Rnk 601 / 1212
2022
Destination $285k Denmark
2021 - 2022
FASTEST GROWING MARKET $285kGermany
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.19Rnk 491 / 1025
2022
Imports $7.28MWorld Rnk 48 / 215
Flag Rnk 850 / 1213
2022
Origin $307k Denmark
2021 - 2022
FASTEST GROWING ORIGIN $307kFinland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $12.5M in Pharmaceutical Rubber Products, making it the 21st largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 601st most exported product in Sweden. The main destination of Pharmaceutical Rubber Products exports from Sweden are: Denmark ($4.61M), Hungary ($1.72M), Finland ($1.62M), Norway ($1.21M), and Switzerland ($613k).

The fastest growing export markets for Pharmaceutical Rubber Products of Sweden between 2021 and 2022 were Germany ($285k), Italy ($188k), and United States ($141k).

Imports In 2022, Sweden imported $7.28M in Pharmaceutical Rubber Products, becoming the 48th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 850th most imported product in Sweden. Sweden imports Pharmaceutical Rubber Products primarily from: Denmark ($1.4M), Thailand ($1.33M), Germany ($538k), Austria ($518k), and United States ($459k).

The fastest growing import markets in Pharmaceutical Rubber Products for Sweden between 2021 and 2022 were Finland ($307k), Malaysia ($222k), and Thailand ($220k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Pharmaceutical Rubber Products exports accounted up to SEK13.1M and imports accounted up to SEK14M, resulting in a negative trade balance of SEK904k. Between May 2023 and May 2024 the exports of Sweden's   Pharmaceutical Rubber Products have increased by SEK762k (6.18%) from SEK12.3M to SEK13.1M, while imports increased by SEK8.47M (153%) from SEK5.53M to SEK14M.

Destinations In May 2024, Pharmaceutical Rubber Products were exported mostly to Denmark (SEK2.56M), Finland (SEK2.06M), Switzerland (SEK1.59M), Norway (SEK1.38M), and China (SEK1.02M), and were imported mostly from Thailand (SEK8.36M), Denmark (SEK1.72M), Austria (SEK1.38M), Malaysia (SEK549k), and United Kingdom (SEK447k).

Growth In May 2024, the increase in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK2.09M or 97.9%), Germany (SEK1.27M or 1.31k%), and United States (SEK605k or 488%). In May 2024, the increase in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by an increase in imports from Austria (SEK1.25M or 96%), Thailand (SEK1.07M or 122%), and Denmark (SEK595k or 228%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK762k(6.18%)
IMPORT GROWTH (May 2023 - May 2024)SEK8.47M(153%)
MAIN EXPORTER (May 2024)undefined13.1M
MAIN DESTINATION (May 2024)DenmarkSEK2.56M

This section shows Pharmaceutical Rubber Products'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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.5M
IMPORTS (2022)$7.28M
NET TRADE (2022)$5.26M

In 2022, Sweden exported $12.5M in Pharmaceutical Rubber Products. The main destinations of Sweden exports on Pharmaceutical Rubber Products were Denmark ($4.61M), Hungary ($1.72M), Finland ($1.62M), Norway ($1.21M), and Switzerland ($613k).

In 2022, Sweden imported $7.28M in Pharmaceutical Rubber Products, mainly from Denmark ($1.4M), Thailand ($1.33M), Germany ($538k), Austria ($518k), and United States ($459k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$285k (121%)
Italy$188k (175%)
United States$141k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Sweden WERE (2021 - 2022):
Norway-$1.83M (-60.2%)
Hungary-$754k (-30.5%)
Denmark-$588k (-11.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $317M
China $246M
Malaysia $121M
In 2022, Sweden's main importing competitors in Pharmaceutical Rubber Products were:
China $110M
United States $92.6M
Germany $82.3M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $336k
TOP IMPORT POTENTIALChina+ $301k

Pharmaceutical Rubber Products’s highest export potential is Germany. With an export gap of $336k.   Pharmaceutical Rubber Products’s highest import potential is China with an import gap of $301k.

See methodology.

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