Chemical Analysis Instruments in Sweden 2020 Exports | Imports : $910M | $494M, World Rnk 10 / 207 Rnk 32 / 1211 | World Rnk 24 / 224 Rnk 51 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14.3M | $80.5M, Japan | United States
Exports In 2020, Sweden exported $910M in Chemical Analysis Instruments, making it the 10th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 32nd most exported product in Sweden. The main destination of Chemical Analysis Instruments exports from Sweden are: United States ($273M), Singapore ($102M), China ($86.8M), Germany ($50.2M), and Japan ($44.6M).
The fastest growing export markets for Chemical Analysis Instruments of Sweden between 2019 and 2020 were Japan ($14.3M), Italy ($7.74M), and Austria ($6.52M).
Imports In 2020, Sweden imported $494M in Chemical Analysis Instruments, becoming the 24th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 51st most imported product in Sweden. Sweden imports Chemical Analysis Instruments primarily from: United States ($162M), Germany ($108M), Netherlands ($37.9M), Japan ($36.5M), and United Kingdom ($34.6M).
The fastest growing import markets in Chemical Analysis Instruments for Sweden between 2019 and 2020 were United States ($80.5M), Japan ($15.6M), and Netherlands ($10.7M).
Tariffs In 1989, the average tariff for Sweden in Chemical Analysis Instruments was 3.8%. The countries with the highest import tariffs for Chemical Analysis Instruments were Angola (Most Favoured Nation duty rate treatement, 3.8%), Burundi (Most Favoured Nation duty rate treatement, 3.8%), Benin (Most Favoured Nation duty rate treatement, 3.8%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.8%), and Botswana (Most Favoured Nation duty rate treatement, 3.8%).
October 2021
Overview In October 2021 Sweden's Chemical Analysis Instruments exports accounted up to SEK946M and imports accounted up to SEK430M, resulting in a positive trade balance of SEK516M. Between October 2020 and October 2021 the exports of Sweden's Chemical Analysis Instruments have increased by SEK133M (16.4%) from SEK813M to SEK946M, while imports increased by SEK62.7M (17.1%) from SEK367M to SEK430M.
Destinations In October 2021, Chemical Analysis Instruments were exported mostly to United States (SEK230M), Singapore (SEK201M), China (SEK91.3M), Switzerland (SEK62.4M), and Germany (SEK41.8M), and were imported mostly from United States (SEK155M), Germany (SEK74M), Netherlands (SEK37.9M), United Kingdom (SEK34.5M), and Japan (SEK33.5M).
Growth In October 2021, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to China (SEK24.6M or 117%), Japan (SEK9.44M or 40.4%), and United Arab Emirates (SEK6.36M or 277%). In October 2021, the increase in Chemical Analysis Instruments's year-by-year imports was explained primarily by an increase in imports from United States (SEK59.2M or 159%), Japan (SEK6.01M or 37.8%), and Netherlands (SEK5.67M or 45.7%).
EXPORT GROWTH (October 2020 - October 2021): SEK133M, (16.4%)
IMPORT GROWTH (October 2020 - October 2021): SEK62.7M, (17.1%)
MAIN DESTINATION (October 2021): United States, SEK230M
This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.
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EXPORTS (2020): $910M
IMPORTS (2020): $494M
NET TRADE (2020): $416M
In 2020, Sweden exported $910M in Chemical Analysis Instruments. The main destinations of Sweden exports on Chemical Analysis Instruments were United States ($273M), Singapore ($102M), China ($86.8M), Germany ($50.2M), and Japan ($44.6M).
In 2020, Sweden imported $494M in Chemical Analysis Instruments, mainly from United States ($162M), Germany ($108M), Netherlands ($37.9M), Japan ($36.5M), and United Kingdom ($34.6M).
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Sweden WERE (2019 - 2020):
In 2019, Sweden's main exporting competitors in Chemical Analysis Instruments were:
In 2019, Sweden's main importing competitors in Chemical Analysis Instruments were:
In 1989, the average tariff for Sweden in Chemical Analysis Instruments was 3.8%.
The countries with the highest tariffs for Chemical Analysis Instruments in Sweden were Angola (Most Favoured Nation duty rate treatement, 3.8%), Burundi (Most Favoured Nation duty rate treatement, 3.8%), Benin (Most Favoured Nation duty rate treatement, 3.8%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.8%), and Botswana (Most Favoured Nation duty rate treatement, 3.8%).
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