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2023
Exports $216MWorld Rnk 3 / 125
Flag Rnk 151 / 1210
2023
Destination $7.45M Germany
2022 - 2023
FASTEST GROWING MARKET $7.45MGermany
2023
PRODUCT COMPLEXITY IN Dairy Machinery0.9Rnk 204 / 1025
2023
Imports $51.1MWorld Rnk 14 / 182
Flag Rnk 450 / 1213
2023
Origin $3.99M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $3.99MPoland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $216M in Dairy Machinery, making it the 3rd largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 151st most exported product in Sweden. The main destination of Dairy Machinery exports from Sweden are: Germany ($54.1M), China ($14.4M), United States ($13M), Switzerland ($10.4M), and Canada ($10.3M).

The fastest growing export markets for Dairy Machinery of Sweden between 2022 and 2023 were Germany ($7.45M), Canada ($6.26M), and Poland ($5.25M).

Imports In 2023, Sweden imported $51.1M in Dairy Machinery, becoming the 14th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 450th most imported product in Sweden. Sweden imports Dairy Machinery primarily from: Netherlands ($15M), Poland ($10.2M), Germany ($9.1M), Denmark ($8.56M), and Finland ($2.04M).

The fastest growing import markets in Dairy Machinery for Sweden between 2022 and 2023 were Poland ($3.99M), Germany ($1.62M), and Netherlands ($1.59M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Dairy Machinery exports accounted up to SEK296M and imports accounted up to SEK48.4M, resulting in a positive trade balance of SEK248M. Between October 2023 and October 2024 the exports of Sweden's   Dairy Machinery have increased by SEK66.5M (29%) from SEK230M to SEK296M, while imports increased by SEK9.26M (23.7%) from SEK39.1M to SEK48.4M.

Destinations In October 2024, Dairy Machinery were exported mostly to Germany (SEK144M), United States (SEK40.2M), Spain (SEK22.8M), Norway (SEK11.8M), and United Arab Emirates (SEK10.6M), and were imported mostly from Netherlands (SEK18M), Poland (SEK12.8M), Denmark (SEK6.12M), Germany (SEK3.69M), and Finland (SEK3.6M).

Growth In October 2024, the increase in Dairy Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (SEK125M or 374%), Norway (SEK9.79M or 420%), and Poland (SEK7.33M or 623%). In October 2024, the increase in Dairy Machinery's year-by-year imports was explained primarily by an increase in imports from Netherlands (SEK17.3M or 267%), Germany (SEK2.63M or 50.7%), and Finland (SEK1.2M or 148%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK66.5M(29%)
IMPORT GROWTH (October 2023 - October 2024)SEK9.26M(23.7%)
MAIN EXPORTER (October 2024)undefined347M
MAIN DESTINATION (October 2024)GermanySEK144M

This section shows Dairy Machinery'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 Dairy Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$216M
IMPORTS (2023)$51.1M
NET TRADE (2023)$165M

In 2023, Sweden exported $216M in Dairy Machinery. The main destinations of Sweden exports on Dairy Machinery were Germany ($54.1M), China ($14.4M), United States ($13M), Switzerland ($10.4M), and Canada ($10.3M).

In 2023, Sweden imported $51.1M in Dairy Machinery, mainly from Netherlands ($15M), Poland ($10.2M), Germany ($9.1M), Denmark ($8.56M), and Finland ($2.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$7.45M (16%)
Canada$6.26M (157%)
Poland$5.25M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Sweden WERE (2022 - 2023):
China-$5.27M (-26.8%)
Indonesia-$4.41M (-86.4%)
Chile-$2.4M (-85.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Dairy Machinery were:
Netherlands $552M
Germany $344M
In 2023, Sweden's main importing competitors in Dairy Machinery were:
Germany $240M
France $209M
United States $125M

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.78M
TOP IMPORT POTENTIALGermany+ $889k

Dairy Machinery’s highest export potential is France. With an export gap of $1.78M.   Dairy Machinery’s highest import potential is Germany with an import gap of $889k.

See methodology.

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