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2022
Exports $27.3MWorld Rnk 14 / 197
Flag Rnk 481 / 1212
2022
Destination $312k Norway
2021 - 2022
FASTEST GROWING MARKET $312kEstonia
2022
PRODUCT COMPLEXITY IN Drafting Tools1.71Rnk 23 / 1025
2022
Imports $25.9MWorld Rnk 31 / 220
Flag Rnk 619 / 1213
2022
Origin $109k China
2021 - 2022
FASTEST GROWING ORIGIN $109kSwitzerland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $27.3M in Drafting Tools, making it the 14th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 481st most exported product in Sweden. The main destination of Drafting Tools exports from Sweden are: Norway ($5.55M), Germany ($5.1M), Denmark ($4.16M), Switzerland ($3.04M), and Netherlands ($1.25M).

The fastest growing export markets for Drafting Tools of Sweden between 2021 and 2022 were Estonia ($312k), Belgium ($312k), and Switzerland ($264k).

Imports In 2022, Sweden imported $25.9M in Drafting Tools, becoming the 31st largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 619th most imported product in Sweden. Sweden imports Drafting Tools primarily from: China ($4.94M), Romania ($4.59M), Germany ($3.23M), Netherlands ($2.92M), and Denmark ($2.24M).

The fastest growing import markets in Drafting Tools for Sweden between 2021 and 2022 were Switzerland ($109k), Ireland ($46.9k), and Japan ($31.4k).

COMPANIES In 2023, leading companies such as Konecranes (2) were at the forefront of shipping Drafting Tools from Sweden to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Sweden's Drafting Tools exports accounted up to SEK27.4M and imports accounted up to SEK18.5M, resulting in a positive trade balance of SEK8.88M. Between March 2023 and March 2024 the exports of Sweden's   Drafting Tools have increased by SEK4.32M (18.7%) from SEK23.1M to SEK27.4M, while imports increased by SEK3.6M (24.1%) from SEK14.9M to SEK18.5M.

Destinations In March 2024, Drafting Tools were exported mostly to Germany (SEK6.69M), Norway (SEK6.2M), Denmark (SEK4.99M), Switzerland (SEK2.12M), and Netherlands (SEK1.37M), and were imported mostly from Romania (SEK5.07M), China (SEK3.44M), Germany (SEK2.66M), United Kingdom (SEK2.13M), and Netherlands (SEK1.76M).

Growth In March 2024, the increase in Drafting Tools's year-by-year exports was explained primarily by an increase in exports to . In March 2024, the increase in Drafting Tools's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)SEK4.32M(18.7%)
IMPORT GROWTH (March 2023 - March 2024)SEK3.6M(24.1%)
MAIN EXPORTER (March 2024)undefined30.9M
MAIN DESTINATION (March 2024)GermanySEK6.69M

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.3M
IMPORTS (2022)$25.9M
NET TRADE (2022)$1.45M

In 2022, Sweden exported $27.3M in Drafting Tools. The main destinations of Sweden exports on Drafting Tools were Norway ($5.55M), Germany ($5.1M), Denmark ($4.16M), Switzerland ($3.04M), and Netherlands ($1.25M).

In 2022, Sweden imported $25.9M in Drafting Tools, mainly from China ($4.94M), Romania ($4.59M), Germany ($3.23M), Netherlands ($2.92M), and Denmark ($2.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Estonia$312k (276%)
Belgium$312k (126%)
Switzerland$264k (9.52%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Sweden WERE (2021 - 2022):
Germany-$1.69M (-25%)
Denmark-$1.4M (-25.2%)
Netherlands-$973k (-43.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Drafting Tools were:
China $1.11B
United States $260M
Germany $221M
In 2022, Sweden's main importing competitors in Drafting Tools were:
United States $382M
Germany $193M
Canada $100M

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $853k
TOP IMPORT POTENTIALChina+ $1.67M

Drafting Tools’s highest export potential is United States. With an export gap of $853k.   Drafting Tools’s highest import potential is China with an import gap of $1.67M.

See methodology.

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