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2023
Exports $4.51MWorld Rnk 36 / 198
Flag Rnk 743 / 1210
2023
Destination $233k Denmark
2022 - 2023
FASTEST GROWING MARKET $233kGermany
2023
PRODUCT COMPLEXITY IN Wood Ornaments-0.64Rnk 744 / 1025
2023
Imports $15.8MWorld Rnk 24 / 216
Flag Rnk 694 / 1213
2023
Origin $544k China
2022 - 2023
FASTEST GROWING ORIGIN $544kEstonia
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $4.51M in Wood Ornaments, making it the 36th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 743rd most exported product in Sweden. The main destination of Wood Ornaments exports from Sweden are: Denmark ($2.2M), Norway ($535k), United States ($385k), Germany ($329k), and Netherlands ($206k).

The fastest growing export markets for Wood Ornaments of Sweden between 2022 and 2023 were Germany ($233k), Kazakhstan ($67.7k), and Poland ($39.7k).

Imports In 2023, Sweden imported $15.8M in Wood Ornaments, becoming the 24th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 694th most imported product in Sweden. Sweden imports Wood Ornaments primarily from: China ($6.17M), Denmark ($2.58M), Estonia ($1.98M), Poland ($1.47M), and Germany ($1.12M).

The fastest growing import markets in Wood Ornaments for Sweden between 2022 and 2023 were Estonia ($544k), Denmark ($408k), and Italy ($119k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Wood Ornaments exports accounted up to SEK6.75M and imports accounted up to SEK14.9M, resulting in a negative trade balance of SEK8.19M. Between October 2023 and October 2024 the exports of Sweden's   Wood Ornaments have increased by SEK403k (6.35%) from SEK6.35M to SEK6.75M, while imports increased by SEK1.57M (11.7%) from SEK13.4M to SEK14.9M.

Destinations In October 2024, Wood Ornaments were exported mostly to Norway (SEK3.21M), Denmark (SEK1.86M), Germany (SEK532k), Finland (SEK359k), and United Kingdom (SEK107k), and were imported mostly from China (SEK8.22M), Poland (SEK2.56M), Denmark (SEK872k), Germany (SEK785k), and Latvia (SEK659k).

Growth In October 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 October 2024, the increase in Wood Ornaments's year-by-year imports was explained primarily by an increase in imports from Estonia (SEK4.71M or 58.9k%), Germany (SEK1.15M or 105%), and Denmark (SEK247k or 86.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK403k(6.35%)
IMPORT GROWTH (October 2023 - October 2024)SEK1.57M(11.7%)
MAIN EXPORTER (October 2024)undefined6.75M
MAIN DESTINATION (October 2024)NorwaySEK3.21M

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 (2023)$4.51M
IMPORTS (2023)$15.8M
NET TRADE (2023)-$11.3M

In 2023, Sweden exported $4.51M in Wood Ornaments. The main destinations of Sweden exports on Wood Ornaments were Denmark ($2.2M), Norway ($535k), United States ($385k), Germany ($329k), and Netherlands ($206k).

In 2023, Sweden imported $15.8M in Wood Ornaments, mainly from China ($6.17M), Denmark ($2.58M), Estonia ($1.98M), Poland ($1.47M), and Germany ($1.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$233k (244%)
Kazakhstan$67.7k (22.3k%)
Poland$39.7k (35.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Sweden WERE (2022 - 2023):
Netherlands-$389k (-65.4%)
Denmark-$159k (-6.73%)
United States-$124k (-24.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Wood Ornaments were:
China $1.2B
India $104M
Indonesia $65.4M
In 2023, Sweden's main importing competitors in Wood Ornaments were:
United States $677M
Germany $179M
France $136M

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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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