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2022
Exports $106MWorld Rnk 18 / 110
Flag Rnk 255 / 1212
2022
Destination $1.61M United States
2021 - 2022
FASTEST GROWING MARKET $1.61MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $49.3MWorld Rnk 25 / 188
Flag Rnk 465 / 1213
2022
Origin $5.87M France
2021 - 2022
FASTEST GROWING ORIGIN $5.87MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $106M in Hormones, making it the 18th largest exporter of Hormones in the world. At the same year, Hormones was the 255th most exported product in Sweden. The main destination of Hormones exports from Sweden are: United States ($32.9M), Germany ($32.8M), Australia ($13.5M), Japan ($5.12M), and Ireland ($4.81M).

The fastest growing export markets for Hormones of Sweden between 2021 and 2022 were United Kingdom ($1.61M), Japan ($1.59M), and Switzerland ($1.29M).

Imports In 2022, Sweden imported $49.3M in Hormones, becoming the 25th largest importer of Hormones in the world. At the same year, Hormones was the 465th most imported product in Sweden. Sweden imports Hormones primarily from: France ($16.8M), Germany ($12.1M), Netherlands ($8.95M), Ireland ($4.32M), and United States ($2.6M).

The fastest growing import markets in Hormones for Sweden between 2021 and 2022 were Germany ($5.87M), France ($1.95M), and United States ($1.73M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Hormones exports accounted up to SEK787M and imports accounted up to SEK21.3M, resulting in a positive trade balance of SEK766M. Between May 2023 and May 2024 the exports of Sweden's   Hormones have increased by SEK72.7M (10.2%) from SEK715M to SEK787M, while imports decreased by SEK-12.1M (-36.2%) from SEK33.4M to SEK21.3M.

Destinations In May 2024, Hormones were exported mostly to Belgium (SEK342M), Australia (SEK237M), Germany (SEK155M), Ireland (SEK28M), and Switzerland (SEK16.9M), and were imported mostly from France (SEK20.1M), United Kingdom (SEK1.02M), Germany (SEK133k), India (SEK22k), and China (SEK16k).

Growth In May 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to Belgium (SEK244M or 97.4%), United States (SEK37.7M or 278%), and Switzerland (SEK4.64M or 94.8%). In May 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-2.25M or -21%), United Kingdom (SEK-601k or -99.2%), and Belgium (SEK-27k or -93.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK72.7M(10.2%)
IMPORT GROWTH (May 2023 - May 2024)SEK-12.1M(-36.2%)
MAIN EXPORTER (May 2024)undefined939M
MAIN DESTINATION (May 2024)BelgiumSEK342M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$106M
IMPORTS (2022)$49.3M
NET TRADE (2022)$56.6M

In 2022, Sweden exported $106M in Hormones. The main destinations of Sweden exports on Hormones were United States ($32.9M), Germany ($32.8M), Australia ($13.5M), Japan ($5.12M), and Ireland ($4.81M).

In 2022, Sweden imported $49.3M in Hormones, mainly from France ($16.8M), Germany ($12.1M), Netherlands ($8.95M), Ireland ($4.32M), and United States ($2.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United Kingdom$1.61M (87.7%)
Japan$1.59M (45.2%)
Switzerland$1.29M (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Sweden WERE (2021 - 2022):
United States-$15.2M (-31.6%)
Germany-$5.43M (-14.2%)
Australia-$5.25M (-27.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hormones were:
Ireland $7.02B
Switzerland $2.8B
United States $2.79B
In 2022, Sweden's main importing competitors in Hormones were:
United States $6.4B
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.2M
TOP IMPORT POTENTIALIreland+ $2.81M

Hormones’s highest export potential is United States. With an export gap of $21.2M.   Hormones’s highest import potential is Ireland with an import gap of $2.81M.

See methodology.

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