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2022
Exports $18.4MWorld Rnk 38 / 175
Flag Rnk 548 / 1212
2022
Destination $224k Norway
2021 - 2022
FASTEST GROWING MARKET $224kSlovakia
2022
PRODUCT COMPLEXITY IN Soups and Broths-0.5Rnk 704 / 1025
2022
Imports $81.9MWorld Rnk 10 / 223
Flag Rnk 369 / 1213
2022
Origin $6.2M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $6.2MNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $18.4M in Soups and Broths, making it the 38th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 548th most exported product in Sweden. The main destination of Soups and Broths exports from Sweden are: Norway ($5.36M), Denmark ($4.37M), Finland ($3.89M), Germany ($1.38M), and Netherlands ($538k).

The fastest growing export markets for Soups and Broths of Sweden between 2021 and 2022 were Slovakia ($224k), Lithuania ($207k), and Greece ($161k).

Imports In 2022, Sweden imported $81.9M in Soups and Broths, becoming the 10th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 369th most imported product in Sweden. Sweden imports Soups and Broths primarily from: Belgium ($12.9M), Denmark ($11.3M), Netherlands ($11.1M), Spain ($10.6M), and Czechia ($8.23M).

The fastest growing import markets in Soups and Broths for Sweden between 2021 and 2022 were Netherlands ($6.2M), Czechia ($2.18M), and Norway ($1.35M).

COMPANIES In 2023, leading companies such as H&M Clothing (1) were at the forefront of shipping Soups and Broths from Sweden to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Soups and Broths exports accounted up to SEK14.8M and imports accounted up to SEK54.4M, resulting in a negative trade balance of SEK39.6M. Between June 2023 and June 2024 the exports of Sweden's   Soups and Broths have decreased by SEK-850k (-5.44%) from SEK15.6M to SEK14.8M, while imports decreased by SEK-43.2M (-44.3%) from SEK97.6M to SEK54.4M.

Destinations In June 2024, Soups and Broths were exported mostly to Norway (SEK5.44M), Denmark (SEK4.01M), Finland (SEK3.18M), Germany (SEK1.16M), and Iceland (SEK333k), and were imported mostly from Belgium (SEK12M), Denmark (SEK7.83M), Czechia (SEK6.15M), Spain (SEK5.29M), and Norway (SEK3.27M).

Growth In June 2024, the decrease in Soups and Broths's year-by-year exports was explained primarily by a decrease in exports to Finland (SEK-977k or -24%), Belgium (SEK-861k or -99.7%), and Germany (SEK-799k or -59.5%). In June 2024, the decrease in Soups and Broths's year-by-year imports was explained primarily by a decrease in imports from Croatia (SEK-1.74M or -49.4%), Italy (SEK-1.02M or -91.4%), and Denmark (SEK-633k or -5.43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-850k(-5.44%)
IMPORT GROWTH (June 2023 - June 2024)SEK-43.2M(-44.3%)
MAIN EXPORTER (June 2024)undefined18.7M
MAIN DESTINATION (June 2024)NorwaySEK5.44M

This section shows Soups and Broths'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 Soups and Broths over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.4M
IMPORTS (2022)$81.9M
NET TRADE (2022)-$63.5M

In 2022, Sweden exported $18.4M in Soups and Broths. The main destinations of Sweden exports on Soups and Broths were Norway ($5.36M), Denmark ($4.37M), Finland ($3.89M), Germany ($1.38M), and Netherlands ($538k).

In 2022, Sweden imported $81.9M in Soups and Broths, mainly from Belgium ($12.9M), Denmark ($11.3M), Netherlands ($11.1M), Spain ($10.6M), and Czechia ($8.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Slovakia$224k (186k%)
Lithuania$207k (247%)
Greece$161k (941%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Sweden WERE (2021 - 2022):
Netherlands-$1.23M (-69.5%)
Portugal-$560k (-91%)
Belgium-$216k (-53.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Soups and Broths were:
United States $701M
Germany $209M
Canada $195M
In 2022, Sweden's main importing competitors in Soups and Broths were:
United States $398M
Mexico $342M
Canada $302M

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $515k
TOP IMPORT POTENTIALGermany+ $936k

Soups and Broths’s highest export potential is Germany. With an export gap of $515k.   Soups and Broths’s highest import potential is Germany with an import gap of $936k.

See methodology.

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