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2022
Exports $66.1MWorld Rnk 27 / 199
Flag Rnk 319 / 1212
2022
Destination $4.2M United States
2021 - 2022
FASTEST GROWING MARKET $4.2MUnited States
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.61Rnk 321 / 1025
2022
Imports $88.7MWorld Rnk 31 / 220
Flag Rnk 356 / 1213
2022
Origin $2.19M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $2.19MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $66.1M in Special Pharmaceuticals, making it the 27th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 319th most exported product in Sweden. The main destination of Special Pharmaceuticals exports from Sweden are: United States ($19.3M), Norway ($10.4M), Finland ($9.59M), Denmark ($3.33M), and United Kingdom ($2.57M).

The fastest growing export markets for Special Pharmaceuticals of Sweden between 2021 and 2022 were United States ($4.2M), India ($1.41M), and United Kingdom ($828k).

Imports In 2022, Sweden imported $88.7M in Special Pharmaceuticals, becoming the 31st largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 356th most imported product in Sweden. Sweden imports Special Pharmaceuticals primarily from: Belgium ($18.6M), Germany ($15.6M), Netherlands ($8.96M), Poland ($6.09M), and Ireland ($6.07M).

The fastest growing import markets in Special Pharmaceuticals for Sweden between 2021 and 2022 were China ($2.19M), Austria ($2.14M), and Belgium ($906k).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Special Pharmaceuticals exports accounted up to SEK126M and imports accounted up to SEK88.3M, resulting in a positive trade balance of SEK37.3M. Between July 2023 and July 2024 the exports of Sweden's   Special Pharmaceuticals have increased by SEK17.8M (16.5%) from SEK108M to SEK126M, while imports increased by SEK1.44M (1.66%) from SEK86.9M to SEK88.3M.

Destinations In July 2024, Special Pharmaceuticals were exported mostly to United States (SEK77.4M), Norway (SEK15.9M), Finland (SEK12.7M), Canada (SEK4.39M), and United Kingdom (SEK4.06M), and were imported mostly from Belgium (SEK15.6M), Netherlands (SEK14.2M), United Kingdom (SEK12.1M), Czechia (SEK10.5M), and Poland (SEK9.46M).

Growth In July 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to United States (SEK10.9M or 66.2%), Finland (SEK3.22M or 45%), and Norway (SEK3.1M or 18.3%). In July 2024, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from Germany (SEK5.29M or 35.2%), Poland (SEK3.25M or 162%), and Belgium (SEK2.34M or 12.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK17.8M(16.5%)
IMPORT GROWTH (July 2023 - July 2024)SEK1.44M(1.66%)
MAIN EXPORTER (July 2024)undefined131M
MAIN DESTINATION (July 2024)United StatesSEK77.4M

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.1M
IMPORTS (2022)$88.7M
NET TRADE (2022)-$22.6M

In 2022, Sweden exported $66.1M in Special Pharmaceuticals. The main destinations of Sweden exports on Special Pharmaceuticals were United States ($19.3M), Norway ($10.4M), Finland ($9.59M), Denmark ($3.33M), and United Kingdom ($2.57M).

In 2022, Sweden imported $88.7M in Special Pharmaceuticals, mainly from Belgium ($18.6M), Germany ($15.6M), Netherlands ($8.96M), Poland ($6.09M), and Ireland ($6.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$4.2M (27.8%)
India$1.41M (3.4k%)
United Kingdom$828k (47.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Sweden WERE (2021 - 2022):
Norway-$2.39M (-18.6%)
Malawi-$2.35M (-80.3%)
Finland-$1.11M (-10.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Special Pharmaceuticals were:
Germany $3.23B
United States $1.77B
Netherlands $1.25B
In 2022, Sweden's main importing competitors in Special Pharmaceuticals were:
United States $3.52B
Belgium $1.22B
China $1.01B

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.55M
TOP IMPORT POTENTIALGermany+ $6.16M

Special Pharmaceuticals’s highest export potential is United States. With an export gap of $8.55M.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $6.16M.

See methodology.

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