Electric Soldering Equipment in Sweden 2020 Exports | Imports : $313M | $74.3M, World Rnk 8 / 185 Rnk 106 / 1211 | World Rnk 33 / 220 Rnk 335 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $32.2M | $1.34M, Germany | Switzerland
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Electric Soldering Equipment: 1.78, Rnk 16 / 1029
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%).
November 2022
Overview In November 2022 Sweden's Electric Soldering Equipment exports accounted up to SEK273M and imports accounted up to SEK64.2M, resulting in a positive trade balance of SEK209M. Between November 2021 and November 2022 the exports of Sweden's Electric Soldering Equipment have increased by SEK35.4M (14.9%) from SEK237M to SEK273M, while imports decreased by SEK-41.9M (-39.5%) from SEK106M to SEK64.2M.
Destinations In November 2022, Electric Soldering Equipment were exported mostly to Germany (SEK66.9M), Italy (SEK53.5M), United States (SEK26.3M), Spain (SEK20.7M), and France (SEK17.8M), and were imported mostly from Germany (SEK13.6M), China (SEK12.5M), Switzerland (SEK7.7M), Austria (SEK5.09M), and Finland (SEK4.13M).
Growth In November 2022, the increase in Electric Soldering Equipment's year-by-year exports was explained primarily by an increase in exports to Slovakia (SEK6.65M or 340%), Czechia (SEK4.98M or 29.9%), and Austria (SEK3.97M or 51.5%). In November 2022, the decrease in Electric Soldering Equipment's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-12.3M or -70.8%), Finland (SEK-2.72M or -54.2%), and Austria (SEK-2.13M or -55.9%).
EXPORT GROWTH (November 2021 - November 2022): SEK35.4M, (14.9%)
IMPORT GROWTH (November 2021 - November 2022): SEK-41.9M, (-39.5%)
MAIN DESTINATION (November 2022): Germany, SEK66.9M
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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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).
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):
In 2020, Sweden's main exporting competitors in Electric Soldering Equipment were:
In 2020, Sweden's main importing competitors in Electric Soldering Equipment were:
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