Electric Soldering Equipment in Sweden

EXPORTS (2018): $325M, World Rnk 9 / 176
Flag Rnk 103 / 1199

TOP DESTINATION (2018): $77.4M, Germany

FASTEST GROWING MARKET (2017 - 2018): $47.7M, Germany

IMPORTS (2018): $84.2M, World Rnk 34 / 217
Flag Rnk 331 / 1208

TOP ORIGIN (2018): $21.3M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $3.74M, Switzerland

ECONOMIC COMPLEXITY of Sweden (2018): 1.66, Rnk 7 / 137

PRODUCT COMPLEXITY  IN Electric Soldering Equipment (2018): 1.66, Rnk 26 / 1018

Overview: This page contains the latest trade data of Electric Soldering Equipment in Sweden.

Exports: In 2018, Sweden exported $325M in Electric Soldering Equipment, making it the 9th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 103rd most exported product in Sweden. The main destination of Electric Soldering Equipment exports from Sweden are: Germany ($77.4M), Italy ($43.4M), Spain ($26.5M), United Kingdom ($23.4M), and France ($22.1M).

The fastest growing export markets for Electric Soldering Equipment of Sweden between 2017 and 2018 were Germany ($47.7M), Italy ($40.6M), and United Kingdom ($19.9M).

Imports: In 2018, Sweden imported $84.2M in Electric Soldering Equipment, becoming the 34th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 331st most imported product in Sweden. Sweden imports Electric Soldering Equipment primarily from: Germany ($21.3M), Poland ($8.99M), Switzerland ($8.65M), Italy ($7.48M), and Austria ($5.62M).

The fastest growing import markets in Electric Soldering Equipment for Sweden between 2017 and 2018 were Switzerland ($3.74M), Italy ($3.37M), and Denmark ($2.83M).

Tariffs: In 1989, the average tariff for Sweden in Electric Soldering Equipment was 3.8%. The countries with the highest import tariffs for Electric Soldering Equipment were Angola (3.8%), Burundi (3.8%), Benin (3.8%), Burkina Faso (3.8%), and Botswana (3.8%).

Overview: In July 2020 Sweden's Electric Soldering Equipment exports accounted up to SEK216M and imports accounted up to SEK25.2M, resulting in a positive trade balance of SEK191M. Between July 2019 and July 2020 the exports of Sweden's   Electric Soldering Equipment have decreased by SEK-41M (-16%) from SEK257M to SEK216M, while imports decreased by SEK-23.6M (-48.3%) from SEK48.8M to SEK25.2M.

Destinations: In July 2020 Electric Soldering Equipment exported mostly to Germany (SEK82.8M), Italy (SEK33.1M), United Kingdom (SEK16.8M), France (SEK12.9M), and Czechia (SEK9.36M), and imported mostly from Germany (SEK3.52M), Italy (SEK3.42M), Switzerland (SEK2.89M), France (SEK2.14M), and Finland (SEK1.91M).

Growth: In July 2020, the decrease in Electric Soldering Equipment's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-11.4M or -74.1%), Spain (SEK-8.68M or -56.8%), and Czechia (SEK-8.46M or -47.5%). In July 2020, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-7.46M or -97.3%), Poland (SEK-5M or -79.7%), and Germany (SEK-2.12M or -37.6%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (July 2019 - July 2020): SEK-41M, (-16%)

IMPORT GROWTH (July 2019 - July 2020): SEK-23.6M, (-48.3%)

MAIN DESTINATION (July 2020): Germany, SEK82.8M

This section shows Electric Soldering Equipment'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 Electric Soldering Equipment over time.

Value

EXPORTS (2018): $325M

IMPORTS (2018): $84.2M

NET TRADE (2018): $241M

In 2018, Sweden exported $325M in Electric Soldering Equipment. The main destinations of Sweden exports on Electric Soldering Equipment were Germany ($77.4M), Italy ($43.4M), Spain ($26.5M), United Kingdom ($23.4M), and France ($22.1M).

In 2018, Sweden imported $84.2M in Electric Soldering Equipment, mainly from Germany ($21.3M), Poland ($8.99M), Switzerland ($8.65M), Italy ($7.48M), and Austria ($5.62M).

Explore Visualizations

IN 2018, Sweden HAD A POSITIVE NET TRADE IN Electric Soldering Equipment WITH:

  • Germany, $56.1M ($77.4M - $21.3M)
  • Italy, $35.9M ($43.4M - $7.48M)
  • Spain, $25.8M ($26.5M - $654k)

IN 2018, Sweden HAD A NEGATIVE NET TRADE IN Electric Soldering Equipment WITH:

  • Switzerland, -$8.24M ($412k - $8.65M)
  • Netherlands, -$1.43M ($1.06M - $2.49M)
  • Poland, -$1.13M ($7.87M - $8.99M)
Flow

THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Sweden WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Sweden WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Sweden's main exporting competitors in Electric Soldering Equipment were:

In 2018, Sweden's main importing competitors in Electric Soldering Equipment were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Electric Soldering Equipment in Sweden. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

Explore Forecasts

Tariffs by Country

#permalink to section

In 1989, the average tariff for Sweden in Electric Soldering Equipment was 3.8%.

The countries with the highest tariffs for Electric Soldering Equipment in Sweden were Angola (3.8%), Burundi (3.8%), Benin (3.8%), Burkina Faso (3.8%), and Botswana (3.8%).

Explore Tariff Data