Balances in Sweden 2021 Exports | Imports : $1.19M | $3.05M, World Rnk 18 / 124 Rnk 951 / 1209 | World Rnk 26 / 200 Rnk 960 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $214k | $541k, Germany | Netherlands
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
Exports In 2021, Sweden exported $1.19M in Balances, making it the 18th largest exporter of Balances in the world. At the same year, Balances was the 951st most exported product in Sweden. The main destination of Balances exports from Sweden are: Germany ($308k), France ($144k), Norway ($105k), United States ($79.9k), and Dominican Republic ($70.6k).
The fastest growing export markets for Balances of Sweden between 2020 and 2021 were Germany ($214k), France ($119k), and Dominican Republic ($70.6k).
Imports In 2021, Sweden imported $3.05M in Balances, becoming the 26th largest importer of Balances in the world. At the same year, Balances was the 960th most imported product in Sweden. Sweden imports Balances primarily from: Netherlands ($1.98M), Germany ($447k), Switzerland ($117k), Denmark ($107k), and China ($59.2k).
The fastest growing import markets in Balances for Sweden between 2020 and 2021 were Netherlands ($541k), Germany ($226k), and Sri Lanka ($39.8k).
Tariffs In 1989, the average tariff for Sweden in Balances was 3.8%. The countries with the highest import tariffs for Balances were Angola (Most Favoured Nation duty rate treatment, 3.8%), Burundi (Most Favoured Nation duty rate treatment, 3.8%), Benin (Most Favoured Nation duty rate treatment, 3.8%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.8%), and Botswana (Most Favoured Nation duty rate treatment, 3.8%).
January 2023
Overview In January 2023 Sweden's Balances exports accounted up to SEK869k and imports accounted up to SEK1.6M, resulting in a negative trade balance of SEK734k. Between January 2022 and January 2023 the exports of Sweden's Balances have increased by SEK341k (64.6%) from SEK528k to SEK869k, while imports increased by SEK225k (16.3%) from SEK1.38M to SEK1.6M.
Destinations In January 2023, Balances were exported mostly to France (SEK166k), Taiwan (SEK165k), Norway (SEK161k), Brazil (SEK151k), and Finland (SEK140k), and were imported mostly from Netherlands (SEK837k), Germany (SEK457k), Denmark (SEK205k), Switzerland (SEK73k), and Belgium (SEK14k).
Growth In January 2023, the increase in Balances's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK24k or 185%). In January 2023, the increase in Balances's year-by-year imports was explained primarily by an increase in imports from Switzerland (SEK190k or 297%), United Kingdom (SEK174k or 17.4k%), and Denmark (SEK165k or 183%).
EXPORT GROWTH (January 2022 - January 2023): SEK341k, (64.6%)
IMPORT GROWTH (January 2022 - January 2023): SEK225k, (16.3%)
MAIN DESTINATION (January 2023): France, SEK166k
This section shows Balances'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 Balances over time.
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EXPORTS (2021): $1.19M
IMPORTS (2021): $3.05M
NET TRADE (2021): -$1.86M
In 2021, Sweden exported $1.19M in Balances. The main destinations of Sweden exports on Balances were Germany ($308k), France ($144k), Norway ($105k), United States ($79.9k), and Dominican Republic ($70.6k).
In 2021, Sweden imported $3.05M in Balances, mainly from Netherlands ($1.98M), Germany ($447k), Switzerland ($117k), Denmark ($107k), and China ($59.2k).
THE FASTEST GROWING Balances EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Balances were:
In 2021, Sweden's main importing competitors in Balances were:
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