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2022
Exports $9.6MWorld Rnk 26 / 194
Flag Rnk 647 / 1212
2022
Destination $421k Norway
2021 - 2022
FASTEST GROWING MARKET $421kNorway
2022
PRODUCT COMPLEXITY IN Wood Ornaments-0.4Rnk 674 / 1025
2022
Imports $20.8MWorld Rnk 23 / 217
Flag Rnk 659 / 1213
2022
Origin $1.15M China
2021 - 2022
FASTEST GROWING ORIGIN $1.15MEstonia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

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

August 2024

About

Overview In August 2024 Sweden's Wood Ornaments exports accounted up to SEK6.29M and imports accounted up to SEK8.48M, resulting in a negative trade balance of SEK2.19M. Between August 2023 and August 2024 the exports of Sweden's   Wood Ornaments have decreased by SEK-912k (-12.7%) from SEK7.2M to SEK6.29M, while imports decreased by SEK-3.25M (-27.7%) from SEK11.7M to SEK8.48M.

Destinations In August 2024, Wood Ornaments were exported mostly to Norway (SEK3.49M), Denmark (SEK1.44M), Finland (SEK472k), Germany (SEK360k), and Poland (SEK112k), and were imported mostly from China (SEK3.09M), Poland (SEK2.96M), Germany (SEK639k), Estonia (SEK482k), and Latvia (SEK393k).

Growth In August 2024, the decrease in Wood Ornaments's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-681k or -21.6%), Denmark (SEK-293k or -16.3%), and United Kingdom (SEK-136k or -84%). In August 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
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-912k(-12.7%)
IMPORT GROWTH (August 2023 - August 2024)SEK-3.25M(-27.7%)
MAIN EXPORTER (August 2024)undefined6.29M
MAIN DESTINATION (August 2024)NorwaySEK3.49M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$421k (11%)
Denmark$213k (10.6%)
Netherlands$51.2k (29.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Sweden WERE (2021 - 2022):
Germany-$1.28M (-60.1%)
Russia-$320k (-82.6%)
United States-$120k (-24.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
Indonesia $77.4M
In 2022, Sweden's main importing competitors in Wood Ornaments were:
United States $984M
Germany $226M
France $134M

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $630k
TOP IMPORT POTENTIALChina+ $1.34M

Wood Ornaments’s highest export potential is United States. With an export gap of $630k.   Wood Ornaments’s highest import potential is China with an import gap of $1.34M.

See methodology.

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