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Who buys Sweden’s medicines? Export destinations 2024

In 2024, Sweden exported $9.1 billion of medicines (67 thousand tonnes), 1.9% of the world total. Its main destinations were China (12%), Germany (10%) and Japan (8%). Sweden was the world’s 16th-largest exporter of medicines.

Summary

Value
$9.1billion
Tonnes
67thousand tonnes
Share of world total
1.9%
World rank
16th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1Tonnes: 4,966USD per tonne: $211,23111.5%Air
Germany0.95Tonnes: 10,124USD per tonne: $93,77610.4%Air
Japan0.73Tonnes: 434USD per tonne: $1,676,6578%Air
France0.51Tonnes: 3,821USD per tonne: $134,3125.6%Air
United States0.46Tonnes: 3,378USD per tonne: $135,5895%Air
Spain0.44Tonnes: 1,765USD per tonne: $251,8474.9%Air
Italy0.42Tonnes: 2,581USD per tonne: $161,4304.6%Air
Canada0.38Tonnes: 1,570USD per tonne: $240,5444.1%Air
United Kingdom0.34Tonnes: 1,330USD per tonne: $253,5663.7%Air
Denmark0.3Tonnes: 2,607USD per tonne: $114,5423.3%Air
Russia0.26Tonnes: 1,022USD per tonne: $252,5042.8%Air
Saudi Arabia0.23Tonnes: 415USD per tonne: $563,7932.6%Air
Brazil0.17Tonnes: 669USD per tonne: $260,1801.9%Air
Egypt0.16Tonnes: 522USD per tonne: $303,2011.7%Air
Hungary0.16Tonnes: 734USD per tonne: $213,9051.7%Air
Switzerland0.13Tonnes: 201USD per tonne: $659,4361.5%Air
Mexico0.13Tonnes: 750USD per tonne: $170,3381.4%Air
Austria0.12Tonnes: 974USD per tonne: $120,1331.3%Air
Poland0.11Tonnes: 1,315USD per tonne: $85,5591.2%Air
Netherlands re-exports0.11Tonnes: 3,122USD per tonne: $35,7481.2%Sea

Trend

Who it sells to

China has been its main destination since 2023

Value in USD billions. The five largest destinations in 2024.

  • China 1
  • Germany 0.95
  • Japan 0.73
  • France 0.51
  • United States 0.46

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.011
Germany0.370.95
Japan0.270.73
France0.250.51
United States0.190.46

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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