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2022
Exports $16.2MWorld Rnk 49 / 192
Flag Rnk 562 / 1212
2022
Destination $609k Denmark
2021 - 2022
FASTEST GROWING MARKET $609kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $51.9MWorld Rnk 25 / 223
Flag Rnk 452 / 1213
2022
Origin $1.97M India
2021 - 2022
FASTEST GROWING ORIGIN $1.97MUkraine
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $16.2M in Packing Bags, making it the 49th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 562nd most exported product in Sweden. The main destination of Packing Bags exports from Sweden are: Denmark ($6.02M), Finland ($3.59M), Germany ($2.16M), Norway ($914k), and France ($814k).

The fastest growing export markets for Packing Bags of Sweden between 2021 and 2022 were United Kingdom ($609k), Germany ($418k), and Japan ($219k).

Imports In 2022, Sweden imported $51.9M in Packing Bags, becoming the 25th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 452nd most imported product in Sweden. Sweden imports Packing Bags primarily from: India ($13.5M), Thailand ($5.22M), Denmark ($4.71M), Turkey ($4.35M), and Estonia ($3.93M).

The fastest growing import markets in Packing Bags for Sweden between 2021 and 2022 were Ukraine ($1.97M), Estonia ($1.55M), and India ($1.09M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Packing Bags exports accounted up to SEK16.4M and imports accounted up to SEK41.1M, resulting in a negative trade balance of SEK24.6M. Between May 2023 and May 2024 the exports of Sweden's   Packing Bags have increased by SEK3.55M (27.5%) from SEK12.9M to SEK16.4M, while imports increased by SEK7.92M (23.9%) from SEK33.1M to SEK41.1M.

Destinations In May 2024, Packing Bags were exported mostly to Denmark (SEK9.45M), Finland (SEK2.13M), France (SEK1.72M), Norway (SEK798k), and United Kingdom (SEK758k), and were imported mostly from India (SEK12.2M), Turkey (SEK8.76M), Ukraine (SEK7.27M), Thailand (SEK3.28M), and China (SEK1.77M).

Growth In May 2024, the increase in Packing Bags's year-by-year exports was explained primarily by an increase in exports to Germany (SEK7.22M or 558%), Denmark (SEK1.48M or 24.5%), and Finland (SEK695k or 24.1%). In May 2024, the increase in Packing Bags's year-by-year imports was explained primarily by an increase in imports from China (SEK2.32M or 201%), Latvia (SEK585k or 210%), and Georgia (SEK521k or 1.49k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK3.55M(27.5%)
IMPORT GROWTH (May 2023 - May 2024)SEK7.92M(23.9%)
MAIN EXPORTER (May 2024)undefined19.4M
MAIN DESTINATION (May 2024)DenmarkSEK9.45M

This section shows Packing Bags'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 Packing Bags over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.2M
IMPORTS (2022)$51.9M
NET TRADE (2022)-$35.7M

In 2022, Sweden exported $16.2M in Packing Bags. The main destinations of Sweden exports on Packing Bags were Denmark ($6.02M), Finland ($3.59M), Germany ($2.16M), Norway ($914k), and France ($814k).

In 2022, Sweden imported $51.9M in Packing Bags, mainly from India ($13.5M), Thailand ($5.22M), Denmark ($4.71M), Turkey ($4.35M), and Estonia ($3.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United Kingdom$609k (1.39k%)
Germany$418k (24%)
Japan$219k (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Sweden WERE (2021 - 2022):
Denmark-$929k (-13.4%)
Finland-$221k (-5.8%)
Belgium-$178k (-98.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Sweden's main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $605k
TOP IMPORT POTENTIALIndia+ $2.9M

Packing Bags’s highest export potential is Germany. With an export gap of $605k.   Packing Bags’s highest import potential is India with an import gap of $2.9M.

See methodology.

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