Wood Ornaments in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $9.6M in Wood Ornaments, making it the 26th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 647th most exported product in Sweden. The main destination of Wood Ornaments exports from Sweden are: Norway ($4.23M), Denmark ($2.22M), Germany ($851k), Finland ($555k), and United States ($371k).

The fastest growing export markets for Wood Ornaments of Sweden between 2021 and 2022 were Norway ($421k), Denmark ($213k), and Netherlands ($51.2k).

Imports In 2022, Sweden imported $20.8M in Wood Ornaments, becoming the 23rd largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 659th most imported product in Sweden. Sweden imports Wood Ornaments primarily from: China ($8.6M), Denmark ($3.15M), Poland ($1.92M), Germany ($1.53M), and Estonia ($1.45M).

The fastest growing import markets in Wood Ornaments for Sweden between 2021 and 2022 were Estonia ($1.15M), Romania ($346k), and Turkey ($127k).

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Wood Ornaments exports accounted up to SEK6.07M and imports accounted up to SEK6.44M, resulting in a negative trade balance of SEK369k. Between January 2023 and January 2024 the exports of Sweden's Wood Ornaments have increased by SEK840k (16.1%) from SEK5.23M to SEK6.07M, while imports decreased by SEK-9.52M (-59.7%) from SEK16M to SEK6.44M.

Destinations In January 2024, Wood Ornaments were exported mostly to Norway (SEK2.38M), Denmark (SEK1.58M), Germany (SEK905k), Finland (SEK363k), and Austria (SEK135k), and were imported mostly from China (SEK2.02M), Poland (SEK1.88M), Germany (SEK761k), Denmark (SEK498k), and Belgium (SEK276k).

Growth In January 2024, the increase in Wood Ornaments's year-by-year exports was explained primarily by an increase in exports to Germany (SEK93k or 47.9%), Finland (SEK59k or 21.3%), and Switzerland (SEK29k or 96.7%). In January 2024, the decrease in Wood Ornaments's year-by-year imports was explained primarily by a decrease in imports from China (SEK-2.49M or -30.5%), Latvia (SEK-318k or -51%), and Finland (SEK-252k or -93.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK840k(16.1%)

IMPORT GROWTH (January 2023 - January 2024)SEK-9.52M(-59.7%)

MAIN EXPORTER (January 2024)undefined6.07M

MAIN DESTINATION (January 2024)NorwaySEK2.38M

This section shows Wood Ornaments'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 Wood Ornaments over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$9.6M

IMPORTS (2022)$20.8M

NET TRADE (2022)-$11.2M

In 2022, Sweden exported $9.6M in Wood Ornaments. The main destinations of Sweden exports on Wood Ornaments were Norway ($4.23M), Denmark ($2.22M), Germany ($851k), Finland ($555k), and United States ($371k).

In 2022, Sweden imported $20.8M in Wood Ornaments, mainly from China ($8.6M), Denmark ($3.15M), Poland ($1.92M), Germany ($1.53M), and Estonia ($1.45M).

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