Combustion Engines in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $2.46B in Combustion Engines, making it the 5th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 14th most exported product in Sweden. The main destination of Combustion Engines exports from Sweden are: Belgium ($659M), France ($543M), Netherlands ($444M), Italy ($98.1M), and United States ($90.4M).

The fastest growing export markets for Combustion Engines of Sweden between 2021 and 2022 were Belgium ($24.9M), Italy ($19.6M), and France ($15.6M).

Imports In 2022, Sweden imported $208M in Combustion Engines, becoming the 35th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 177th most imported product in Sweden. Sweden imports Combustion Engines primarily from: Germany ($71.8M), France ($58.5M), United Kingdom ($26.2M), Belgium ($13.7M), and Finland ($10.3M).

The fastest growing import markets in Combustion Engines for Sweden between 2021 and 2022 were United States ($1.74M), Denmark ($930k), and Lithuania ($649k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Combustion Engines from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Combustion Engines exports accounted up to SEK2.26B and imports accounted up to SEK213M, resulting in a positive trade balance of SEK2.05B. Between December 2022 and December 2023 the exports of Sweden's Combustion Engines have increased by SEK54.2M (2.45%) from SEK2.21B to SEK2.26B, while imports decreased by SEK-6.26M (-2.85%) from SEK219M to SEK213M.

Destinations In December 2023, Combustion Engines were exported mostly to France (SEK551M), Belgium (SEK511M), Netherlands (SEK498M), Australia (SEK111M), and United States (SEK72.2M), and were imported mostly from Germany (SEK79.1M), France (SEK33M), Belgium (SEK27.1M), United Kingdom (SEK24.1M), and Finland (SEK13.9M).

Growth In December 2023, the increase in Combustion Engines's year-by-year exports was explained primarily by an increase in exports to France (SEK318M or 90.6%), Belgium (SEK254M or 43%), and Netherlands (SEK242M or 79.4%). In December 2023, the decrease in Combustion Engines's year-by-year imports was explained primarily by a decrease in imports from France (SEK-12.2M or -19.4%), Denmark (SEK-6.57M or -50.6%), and Norway (SEK-4.52M or -73.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK54.2M(2.45%)

IMPORT GROWTH (December 2022 - December 2023)SEK-6.26M(-2.85%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)FranceSEK551M

This section shows Combustion Engines'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 Combustion Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.46B

IMPORTS (2022)$208M

NET TRADE (2022)$2.25B

In 2022, Sweden exported $2.46B in Combustion Engines. The main destinations of Sweden exports on Combustion Engines were Belgium ($659M), France ($543M), Netherlands ($444M), Italy ($98.1M), and United States ($90.4M).

In 2022, Sweden imported $208M in Combustion Engines, mainly from Germany ($71.8M), France ($58.5M), United Kingdom ($26.2M), Belgium ($13.7M), and Finland ($10.3M).

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