Vehicle Parts in Sweden

EXPORTS (2018): $5.6B, World Rnk 18 / 211
Flag Rnk 4 / 1199

TOP DESTINATION (2018): $1.22B, Belgium-Luxembourg

FASTEST GROWING MARKET (2017 - 2018): $208M, Germany

IMPORTS (2018): $6.42B, World Rnk 18 / 219
Flag Rnk 4 / 1208

TOP ORIGIN (2018): $1.74B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $155M, Poland

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

PRODUCT COMPLEXITY  IN Vehicle Parts (2018): 1.01, Rnk 170 / 1018

Overview: This page contains the latest trade data of Vehicle Parts in Sweden.

Exports: In 2018, Sweden exported $5.6B in Vehicle Parts, making it the 18th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 4th most exported product in Sweden. The main destination of Vehicle Parts exports from Sweden are: Belgium-Luxembourg ($1.22B), Netherlands ($729M), Germany ($671M), France ($597M), and United States ($221M).

The fastest growing export markets for Vehicle Parts of Sweden between 2017 and 2018 were Germany ($208M), Norway ($89.6M), and United States ($75.6M).

Imports: In 2018, Sweden imported $6.42B in Vehicle Parts, becoming the 18th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 4th most imported product in Sweden. Sweden imports Vehicle Parts primarily from: Germany ($1.74B), Poland ($525M), Netherlands ($478M), Belgium-Luxembourg ($474M), and Czechia ($415M).

The fastest growing import markets in Vehicle Parts for Sweden between 2017 and 2018 were Poland ($155M), Italy ($83.5M), and France ($75.5M).

Tariffs: In 1989, the average tariff for Sweden in Vehicle Parts was 5.77%. The countries with the highest import tariffs for Vehicle Parts were Angola (5.77%), Burundi (5.77%), Benin (5.77%), Burkina Faso (5.77%), and Botswana (5.77%).

Overview: In July 2020 Sweden's Vehicle Parts exports accounted up to SEK2.6B and imports accounted up to SEK2.15B, resulting in a positive trade balance of SEK457M. Between July 2019 and July 2020 the exports of Sweden's   Vehicle Parts have decreased by SEK-547M (-17.4%) from SEK3.15B to SEK2.6B, while imports decreased by SEK-923M (-30.1%) from SEK3.07B to SEK2.15B.

Destinations: In July 2020 Vehicle Parts exported mostly to Germany (SEK660M), Belgium (SEK330M), Netherlands (SEK265M), France (SEK154M), and Norway (SEK141M), and imported mostly from Germany (SEK586M), Netherlands (SEK224M), Poland (SEK201M), Italy (SEK151M), and Czechia (SEK145M).

Growth: In July 2020, the decrease in Vehicle Parts's year-by-year exports was explained primarily by a decrease in exports to Belgium (SEK-158M or -32.4%), Netherlands (SEK-112M or -29.7%), and France (SEK-88.5M or -36.5%). In July 2020, the decrease in Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-180M or -23.5%), Czechia (SEK-91.1M or -38.6%), and Netherlands (SEK-88.1M or -28.2%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (July 2019 - July 2020): SEK-547M, (-17.4%)

IMPORT GROWTH (July 2019 - July 2020): SEK-923M, (-30.1%)

MAIN DESTINATION (July 2020): Germany, SEK660M

This section shows Vehicle Parts'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 Vehicle Parts over time.

Value

EXPORTS (2018): $5.6B

IMPORTS (2018): $6.42B

NET TRADE (2018): -$825M

In 2018, Sweden exported $5.6B in Vehicle Parts. The main destinations of Sweden exports on Vehicle Parts were Belgium-Luxembourg ($1.22B), Netherlands ($729M), Germany ($671M), France ($597M), and United States ($221M).

In 2018, Sweden imported $6.42B in Vehicle Parts, mainly from Germany ($1.74B), Poland ($525M), Netherlands ($478M), Belgium-Luxembourg ($474M), and Czechia ($415M).

Explore Visualizations

IN 2018, Sweden HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

  • Belgium-Luxembourg, $750M ($1.22B - $474M)
  • Netherlands, $250M ($729M - $478M)
  • France, $218M ($597M - $379M)

IN 2018, Sweden HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

  • Germany, -$1.06B ($671M - $1.74B)
  • Czechia, -$351M ($64.1M - $415M)
  • Poland, -$323M ($202M - $525M)
Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Sweden WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Sweden WERE (2017 - 2018):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Sweden's main exporting competitors in Vehicle Parts were:

In 2018, Sweden's main importing competitors in Vehicle Parts were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

This section shows forecasts for total exports and imports, for Vehicle Parts 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 Vehicle Parts was 5.77%.

The countries with the highest tariffs for Vehicle Parts in Sweden were Angola (5.77%), Burundi (5.77%), Benin (5.77%), Burkina Faso (5.77%), and Botswana (5.77%).

Explore Tariff Data