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2023
Exports $223MWorld Rnk 15 / 192
Flag Rnk 149 / 1210
2023
Destination $18.7M United States
2022 - 2023
FASTEST GROWING MARKET $18.7MChina
2023
PRODUCT COMPLEXITY IN Therapeutic Appliances0.45Rnk 385 / 1025
2023
Imports $82.9MWorld Rnk 35 / 220
Flag Rnk 344 / 1213
2023
Origin $2M China
2022 - 2023
FASTEST GROWING ORIGIN $2MSpain
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $223M in Therapeutic Appliances, making it the 15th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 149th most exported product in Sweden. The main destination of Therapeutic Appliances exports from Sweden are: United States ($82.4M), China ($23.4M), Japan ($13.3M), Netherlands ($11.8M), and United Kingdom ($9.24M).

The fastest growing export markets for Therapeutic Appliances of Sweden between 2022 and 2023 were China ($18.7M), United States ($6.97M), and India ($3.48M).

Imports In 2023, Sweden imported $82.9M in Therapeutic Appliances, becoming the 35th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 344th most imported product in Sweden. Sweden imports Therapeutic Appliances primarily from: China ($23.3M), Germany ($21.6M), Denmark ($6.54M), Netherlands ($6.11M), and Chinese Taipei ($3.87M).

The fastest growing import markets in Therapeutic Appliances for Sweden between 2022 and 2023 were Spain ($2M), Ireland ($1.69M), and Chinese Taipei ($453k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Therapeutic Appliances exports accounted up to SEK180M and imports accounted up to SEK70.9M, resulting in a positive trade balance of SEK109M. Between November 2023 and November 2024 the exports of Sweden's   Therapeutic Appliances have increased by SEK10.6M (6.22%) from SEK170M to SEK180M, while imports increased by SEK3.93M (5.87%) from SEK67M to SEK70.9M.

Destinations In November 2024, Therapeutic Appliances were exported mostly to United States (SEK63.5M), Netherlands (SEK38.8M), Norway (SEK16.6M), Finland (SEK10.9M), and United Kingdom (SEK9.55M), and were imported mostly from China (SEK21.2M), United States (SEK11.5M), Germany (SEK8.16M), Denmark (SEK4.7M), and United Kingdom (SEK4.02M).

Growth In November 2024, the increase in Therapeutic Appliances's year-by-year exports was explained primarily by an increase in exports to United States (SEK63.7M or 1.06k%), China (SEK17.8M or 4.24k%), and Netherlands (SEK13.5M or 56.7%). In November 2024, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from United Kingdom (SEK1.01M or 46.3%), Norway (SEK548k or 30%), and Japan (SEK366k or 225%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK10.6M(6.22%)
IMPORT GROWTH (November 2023 - November 2024)SEK3.93M(5.87%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United StatesSEK63.5M

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$223M
IMPORTS (2023)$82.9M
NET TRADE (2023)$140M

In 2023, Sweden exported $223M in Therapeutic Appliances. The main destinations of Sweden exports on Therapeutic Appliances were United States ($82.4M), China ($23.4M), Japan ($13.3M), Netherlands ($11.8M), and United Kingdom ($9.24M).

In 2023, Sweden imported $82.9M in Therapeutic Appliances, mainly from China ($23.3M), Germany ($21.6M), Denmark ($6.54M), Netherlands ($6.11M), and Chinese Taipei ($3.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
China$18.7M (391%)
United States$6.97M (9.24%)
India$3.48M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Sweden WERE (2022 - 2023):
Japan-$5.49M (-29.3%)
Denmark-$3.17M (-34.4%)
Italy-$1.93M (-20%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Therapeutic Appliances were:
China $5.92B
Singapore $1.83B
United States $1.67B
In 2023, Sweden's main importing competitors in Therapeutic Appliances were:
United States $5.82B
Netherlands $1.15B
Germany $1.08B

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.4M
TOP IMPORT POTENTIALChina+ $6.94M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $12.4M.   Therapeutic Appliances’s highest import potential is China with an import gap of $6.94M.

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