Chocolate in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $442M in Chocolate, making it the 17th largest exporter of Chocolate in the world. At the same year, Chocolate was the 89th most exported product in Sweden. The main destination of Chocolate exports from Sweden are: Norway ($83.5M), Denmark ($82.3M), Finland ($81.3M), Belgium ($45.5M), and Germany ($33.8M).

The fastest growing export markets for Chocolate of Sweden between 2021 and 2022 were Belgium ($38.2M), Norway ($16.8M), and Chinese Taipei ($1.76M).

Imports In 2022, Sweden imported $482M in Chocolate, becoming the 16th largest importer of Chocolate in the world. At the same year, Chocolate was the 85th most imported product in Sweden. Sweden imports Chocolate primarily from: Germany ($123M), Netherlands ($51.7M), Poland ($46.2M), Finland ($42.8M), and Denmark ($36.2M).

The fastest growing import markets in Chocolate for Sweden between 2021 and 2022 were Netherlands ($9.94M), Belgium ($6.85M), and France ($3.22M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (157), BARRY CALLEBAUT USA, LLC (30), and BARILLA AMERICA INC. (25) were at the forefront of shipping Chocolate from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Chocolate exports accounted up to SEK512M and imports accounted up to SEK444M, resulting in a positive trade balance of SEK68.3M. Between January 2023 and January 2024 the exports of Sweden's Chocolate have increased by SEK53.5M (11.7%) from SEK458M to SEK512M, while imports decreased by SEK-30.8M (-6.49%) from SEK474M to SEK444M.

Destinations In January 2024, Chocolate were exported mostly to Finland (SEK108M), Denmark (SEK105M), Norway (SEK90.6M), Netherlands (SEK34.2M), and United Kingdom (SEK33M), and were imported mostly from Germany (SEK95.3M), Belgium (SEK50.4M), Finland (SEK44.5M), Poland (SEK43.3M), and Denmark (SEK38.3M).

Growth In January 2024, the increase in Chocolate's year-by-year exports was explained primarily by an increase in exports to Finland (SEK30.9M or 51.9%), Denmark (SEK29.7M or 46.4%), and Norway (SEK9.95M or 11.6%). In January 2024, the decrease in Chocolate's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-2.5M or -8.08%), Austria (SEK-1.17M or -20.5%), and United States (SEK-889k or -65%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK53.5M(11.7%)

IMPORT GROWTH (January 2023 - January 2024)SEK-30.8M(-6.49%)

MAIN EXPORTER (January 2024)undefined512M

MAIN DESTINATION (January 2024)FinlandSEK108M

This section shows Chocolate'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 Chocolate over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$442M

IMPORTS (2022)$482M

NET TRADE (2022)-$40M

In 2022, Sweden exported $442M in Chocolate. The main destinations of Sweden exports on Chocolate were Norway ($83.5M), Denmark ($82.3M), Finland ($81.3M), Belgium ($45.5M), and Germany ($33.8M).

In 2022, Sweden imported $482M in Chocolate, mainly from Germany ($123M), Netherlands ($51.7M), Poland ($46.2M), Finland ($42.8M), and Denmark ($36.2M).

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