Sweden’s involvement in the tapioca starch trade highlights its growing presence in the global market. Expanding export destinations and diversifying import sources contribute to Sweden’s position as a significant player in the industry.
Sweden’s Tapioca Starch Exports
In 2021, Sweden exported a total of $259k worth of tapioca starch, establishing itself as the 31st largest global exporter of this product. Tapioca starch ranked 3378th among Sweden’s most exported goods, indicating its relatively moderate prominence within the country’s overall export landscape.
Poland emerged as the primary destination for Sweden’s tapioca starch exports, with imports valued at $159k. Germany, Spain, the United Kingdom, and Finland were also significant importers, contributing respective values of $40k, $17.6k, $15.2k, and $12.7k.
Noteworthy growth in export markets for Swedish tapioca starch between 2020 and 2021 was observed in the United Kingdom, with an increase of $15.2k. Germany and Nigeria also demonstrated positive growth during this period, with increases of $6.88k and $6.49k, respectively.
Continent | Country | Trade Value |
Africa | Nigeria | 6,486 |
Europe | Germany | 39,988 |
Europe | Denmark | 6,483 |
Europe | Spain | 17,607 |
Europe | Estonia | 36 |
Europe | Finland | 12,709 |
Europe | France | 492 |
Europe | United Kingdom | 15,203 |
Europe | Iceland | 431 |
Europe | Netherlands | 233 |
Europe | Norway | 233 |
Europe | Poland | 158,731 |
Sweden’s Tapioca Starch Imports
In 2021, Sweden imported approximately $1.79M worth of tapioca starch, positioning itself as the 36th largest global importer of this product. Tapioca starch ranked 2995th among Sweden’s most imported goods, signifying its relatively moderate significance within the country’s overall import portfolio.
Sweden primarily sourced tapioca starch imports from Thailand, with imports valued at $1.51M. Germany, Belgium, the Netherlands, and Uganda also played a role as import partners, contributing respective values of $116k, $108k, $41.9k, and $2.99k.
The fastest-growing import markets for tapioca starch in Sweden between 2020 and 2021 were Belgium, with an increase of $108k, followed by Germany with an increase of $88.4k. The Netherlands also experienced positive growth during this period, with an increase of $5.42k.
Continent | Country | Trade Value |
Africa | Kenya | 19 |
Africa | Nigeria | 726 |
Africa | Togo | 933 |
Africa | Uganda | 2,987 |
Asia | China | 930 |
Asia | Thailand | 1,512,299 |
Asia | Vietnam | 355 |
Europe | Belgium | 107,852 |
Europe | Germany | 116,197 |
Europe | Spain | 202 |
Europe | Finland | 26 |
Europe | United Kingdom | 106 |
Europe | Netherlands | 41,852 |
Europe | Poland | 172 |
Europe | Portugal | 645 |
North America | United States | 929 |
South America | Brazil | 616 |
Sweden’s Tapioca Starch Tariffs
In 2017, the average tariff for tapioca starch in Sweden was recorded at 22.6%. Notably, several countries imposed the highest import tariffs on tapioca starch. The Republic of the Congo, Cape Verde, Algeria, Western Sahara, and Gabon all implemented a Most Favoured Nation duty rate treatment of 47.9%.
Importing Tapioca Starch from Vietnam
Vietnam has emerged as a prominent supplier of tapioca starch to the Sweden market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $355. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Sweden in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.
Sweden benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Sweden’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Sweden’s demand for this essential product.
Source: BACI and General Statistics Office of Vietnam