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2022
Exports $50.8kWorld Rnk 38 / 58
Flag Rnk 1149 / 1212
2022
Destination $5.03k Spain
2021 - 2022
FASTEST GROWING MARKET $5.03kIndonesia
2022
PRODUCT COMPLEXITY IN Electric Locomotives1.09Rnk 138 / 1025
2022
Imports $39.1MWorld Rnk 10 / 110
Flag Rnk 522 / 1213
2022
Origin $14.3M Spain
2021 - 2022
FASTEST GROWING ORIGIN $14.3MSpain
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $50.8k in Electric Locomotives, making it the 38th largest exporter of Electric Locomotives in the world. At the same year, Electric Locomotives was the 1149th most exported product in Sweden. The main destination of Electric Locomotives exports from Sweden are: Spain ($39.6k), Indonesia ($5.03k), Greece ($4.81k), and United Kingdom ($1.38k).

The fastest growing export markets for Electric Locomotives of Sweden between 2021 and 2022 were Indonesia ($5.03k) and Greece ($4.81k).

Imports In 2022, Sweden imported $39.1M in Electric Locomotives, becoming the 10th largest importer of Electric Locomotives in the world. At the same year, Electric Locomotives was the 522nd most imported product in Sweden. Sweden imports Electric Locomotives primarily from: Spain ($14.3M), Romania ($13.3M), Germany ($9.94M), Norway ($1.49M), and Netherlands ($284).

The fastest growing import markets in Electric Locomotives for Sweden between 2021 and 2022 were Spain ($14.3M) and Germany ($8.36M).

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Electric Locomotives exports accounted up to SEK402k and imports accounted up to SEK75.2M, resulting in a negative trade balance of SEK74.8M. Between February 2020 and December 2023 the exports of Sweden's   Electric Locomotives have decreased by SEK-36M (-98.9%) from SEK36.4M to SEK402k, while imports increased by SEK75.2M (578k%) from SEK13k to SEK75.2M.

Destinations In December 2023, Electric Locomotives were exported mostly to , and were imported mostly from Romania (SEK75.2M).

Growth In December 2023, the decrease in Electric Locomotives's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the increase in Electric Locomotives's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2020 - December 2023)SEK-36M(-98.9%)
IMPORT GROWTH (July 2022 - March 2024)SEK75.2M(578k%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)

This section shows Electric Locomotives'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 Electric Locomotives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.8k
IMPORTS (2022)$39.1M
NET TRADE (2022)-$39M

In 2022, Sweden exported $50.8k in Electric Locomotives. The main destinations of Sweden exports on Electric Locomotives were Spain ($39.6k), Indonesia ($5.03k), Greece ($4.81k), and United Kingdom ($1.38k).

In 2022, Sweden imported $39.1M in Electric Locomotives, mainly from Spain ($14.3M), Romania ($13.3M), Germany ($9.94M), Norway ($1.49M), and Netherlands ($284).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Locomotives EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Indonesia$5.03k (1%)
Greece$4.81k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Locomotives BY Sweden WERE (2021 - 2022):
Norway-$13.6M (-100%)
Spain-$180k (-81.9%)
United Kingdom-$42.3k (-96.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electric Locomotives were:
Germany $477M
Italy $208M
China $170M
In 2022, Sweden's main importing competitors in Electric Locomotives were:
Spain $190M
Czechia $123M
Austria $112M

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Trade Value of Electric Locomotives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $16k
TOP IMPORT POTENTIALChina+ $2.55k

Electric Locomotives’s highest export potential is Spain. With an export gap of $16k.   Electric Locomotives’s highest import potential is China with an import gap of $2.55k.

See methodology.

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