Overview: In July 2020 Sweden's Machinery Having Individual Functions exports accounted up to SEK579M and imports accounted up to SEK390M, resulting in a positive trade balance of SEK189M. Between July 2019 and July 2020 the exports of Sweden's Machinery Having Individual Functions have decreased by SEK-177M (-23.4%) from SEK756M to SEK579M, while imports decreased by SEK-145M (-27.1%) from SEK535M to SEK390M.
Destinations: In July 2020 Machinery Having Individual Functions exported mostly to United States (SEK96.2M), China (SEK74.1M), Germany (SEK41.6M), Norway (SEK41.3M), and Italy (SEK32.6M), and imported mostly from Germany (SEK124M), Czechia (SEK36.2M), China (SEK28.4M), United States (SEK28.4M), and Norway (SEK21.7M).
Growth: In July 2020, the decrease in Machinery Having Individual Functions's year-by-year exports was explained primarily by a decrease in exports to India (SEK-60.1M or -89.2%), China (SEK-42.3M or -36.4%), and Argentina (SEK-27.1M or -98.1%). In July 2020, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from Czechia (SEK-63.1M or -63.6%), Japan (SEK-38.6M or -76.4%), and China (SEK-27.2M or -48.9%).