2023
Exports
$96.3MWorld Rnk 19 / 197
Flag Rnk 254 / 1210
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$78MWorld Rnk 36 / 224
Flag Rnk 353 / 1213
2023
ECONOMIC COMPLEXITY of Sweden
1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $96.3M in Electric Soldering Equipment, making it the 19th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 254th most exported product in Sweden. The main destination of Electric Soldering Equipment exports from Sweden are: United States ($21.1M), Italy ($11.4M), Denmark ($9.09M), Norway ($5.57M), and Germany ($4.27M).

The fastest growing export markets for Electric Soldering Equipment of Sweden between 2022 and 2023 were Denmark ($4.26M), Norway ($2.69M), and Italy ($2.47M).

Imports In 2023, Sweden imported $78M in Electric Soldering Equipment, becoming the 36th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 353rd most imported product in Sweden. Sweden imports Electric Soldering Equipment primarily from: Germany ($23.6M), Austria ($7.51M), China ($7.29M), Finland ($7.11M), and Italy ($7.06M).

The fastest growing import markets in Electric Soldering Equipment for Sweden between 2022 and 2023 were Germany ($6.73M), Italy ($2.23M), and Austria ($1.65M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (3) were at the forefront of shipping Electric Soldering Equipment from Sweden to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-16.5M(-18.4%)
IMPORT GROWTH (October 2023 - October 2024)SEK18.6M(33.9%)
MAIN EXPORTER (October 2024)undefined163M
MAIN DESTINATION (October 2024)United StatesSEK9.26M

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

Trade Balance

Color
EXPORTS (2023)$96.3M
IMPORTS (2023)$78M
NET TRADE (2023)$18.3M

In 2023, Sweden exported $96.3M in Electric Soldering Equipment. The main destinations of Sweden exports on Electric Soldering Equipment were United States ($21.1M), Italy ($11.4M), Denmark ($9.09M), Norway ($5.57M), and Germany ($4.27M).

In 2023, Sweden imported $78M in Electric Soldering Equipment, mainly from Germany ($23.6M), Austria ($7.51M), China ($7.29M), Finland ($7.11M), and Italy ($7.06M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$4.26M (88%)
Norway$2.69M (93.4%)
Italy$2.47M (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Sweden WERE (2022 - 2023):
Spain-$13.9M (-90.2%)
Austria-$8.99M (-86.4%)
Germany-$7.81M (-64.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electric Soldering Equipment were:
In 2023, Sweden's main importing competitors in Electric Soldering Equipment were:

Explore Visualizations

Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.06M
TOP IMPORT POTENTIALChina+ $5.48M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $8.06M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $5.48M.

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