HS Icon Electric Soldering Equipment in  Flag Sweden

2020
Exports | Imports
: $313M | $74.3M, World Rnk 8 / 185
Flag Rnk 106 / 1211 | World Rnk 33 / 220
Flag Rnk 335 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $32.2M | $1.34M, Germany |  Switzerland


ECONOMIC COMPLEXITY of Sweden
: 1.59, Rnk 7 / 127


PRODUCT COMPLEXITY  IN Electric Soldering Equipment
: 1.82, Rnk 14 / 1028

Exports In 2020, Sweden exported $313M in Electric Soldering Equipment, making it the 8th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 106th most exported product in Sweden. The main destination of Electric Soldering Equipment exports from Sweden are: Germany ($105M), Italy ($37.8M), United Kingdom ($23.1M), Czechia ($21M), and France ($20.7M).

The fastest growing export markets for Electric Soldering Equipment of Sweden between 2019 and 2020 were Germany ($32.2M), United Kingdom ($6.01M), and France ($5.32M).

Imports In 2020, Sweden imported $74.3M in Electric Soldering Equipment, becoming the 33rd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 335th most imported product in Sweden. Sweden imports Electric Soldering Equipment primarily from: Germany ($18.6M), Switzerland ($8.93M), Austria ($6.44M), Italy ($6.01M), and Poland ($5.14M).

The fastest growing import markets in Electric Soldering Equipment for Sweden between 2019 and 2020 were Switzerland ($1.34M), Austria ($1.2M), and Canada ($1.14M).

Tariffs In 1989, the average tariff for Sweden in Electric Soldering Equipment was 3.8%. The countries with the highest import tariffs for Electric Soldering Equipment 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

Subnational Monthly Trade

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EXPORT GROWTH (October 2020 - October 2021): SEK22.3M, (9.01%)

IMPORT GROWTH (October 2020 - October 2021): SEK-24.1M, (-32.8%)

MAIN DESTINATION (October 2021): Germany, SEK96.4M

This section shows Electric Soldering Equipment'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 Soldering Equipment over time.

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Historical Data

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EXPORTS (2020): $313M

IMPORTS (2020): $74.3M

NET TRADE (2020): $239M

In 2020, Sweden exported $313M in Electric Soldering Equipment. The main destinations of Sweden exports on Electric Soldering Equipment were Germany ($105M), Italy ($37.8M), United Kingdom ($23.1M), Czechia ($21M), and France ($20.7M).

In 2020, Sweden imported $74.3M in Electric Soldering Equipment, mainly from Germany ($18.6M), Switzerland ($8.93M), Austria ($6.44M), Italy ($6.01M), and Poland ($5.14M).

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IN 2020, Sweden HAD A POSITIVE NET TRADE IN Electric Soldering Equipment WITH:

IN 2020, Sweden HAD A NEGATIVE NET TRADE IN Electric Soldering Equipment WITH:

Flow

THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Sweden WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Sweden WERE (2019 - 2020):

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Market Concentration

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In 2019, Sweden's main exporting competitors in Electric Soldering Equipment were:

In 2019, Sweden's main importing competitors in Electric Soldering Equipment were:

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Tariffs by Country

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In 1989, the average tariff for Sweden in Electric Soldering Equipment was 3.8%.

The countries with the highest tariffs for Electric Soldering Equipment 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%).