Special Pharmaceuticals in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $66.1M in Special Pharmaceuticals, making it the 27th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 319th most exported product in Sweden. The main destination of Special Pharmaceuticals exports from Sweden are: United States ($19.3M), Norway ($10.4M), Finland ($9.59M), Denmark ($3.33M), and United Kingdom ($2.57M).

The fastest growing export markets for Special Pharmaceuticals of Sweden between 2021 and 2022 were United States ($4.2M), India ($1.41M), and United Kingdom ($828k).

Imports In 2022, Sweden imported $88.7M in Special Pharmaceuticals, becoming the 31st largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 356th most imported product in Sweden. Sweden imports Special Pharmaceuticals primarily from: Belgium ($18.6M), Germany ($15.6M), Netherlands ($8.96M), Poland ($6.09M), and Ireland ($6.07M).

The fastest growing import markets in Special Pharmaceuticals for Sweden between 2021 and 2022 were China ($2.19M), Austria ($2.14M), and Belgium ($906k).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Special Pharmaceuticals exports accounted up to SEK131M and imports accounted up to SEK102M, resulting in a positive trade balance of SEK28.7M. Between January 2023 and January 2024 the exports of Sweden's Special Pharmaceuticals have increased by SEK58.8M (81.5%) from SEK72.2M to SEK131M, while imports increased by SEK5.99M (6.21%) from SEK96.3M to SEK102M.

Destinations In January 2024, Special Pharmaceuticals were exported mostly to United States (SEK72.4M), Norway (SEK20.5M), Finland (SEK19.5M), United Kingdom (SEK3.88M), and Denmark (SEK3.65M), and were imported mostly from Belgium (SEK21.1M), Netherlands (SEK16.3M), Germany (SEK14.3M), Czechia (SEK10.4M), and United Kingdom (SEK7.93M).

Growth In January 2024, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to United States (SEK10.9M or 66.2%), Finland (SEK3.22M or 45%), and Norway (SEK3.1M or 18.3%). In January 2024, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from Germany (SEK5.29M or 35.2%), Poland (SEK3.25M or 162%), and Belgium (SEK2.34M or 12.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK58.8M(81.5%)

IMPORT GROWTH (January 2023 - January 2024)SEK5.99M(6.21%)

MAIN EXPORTER (January 2024)undefined131M

MAIN DESTINATION (January 2024)United StatesSEK72.4M

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$66.1M

IMPORTS (2022)$88.7M

NET TRADE (2022)-$22.6M

In 2022, Sweden exported $66.1M in Special Pharmaceuticals. The main destinations of Sweden exports on Special Pharmaceuticals were United States ($19.3M), Norway ($10.4M), Finland ($9.59M), Denmark ($3.33M), and United Kingdom ($2.57M).

In 2022, Sweden imported $88.7M in Special Pharmaceuticals, mainly from Belgium ($18.6M), Germany ($15.6M), Netherlands ($8.96M), Poland ($6.09M), and Ireland ($6.07M).

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