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).
August 2022
Overview In August 2022 Sweden's Electric Soldering Equipment exports accounted up to SEK272M and imports accounted up to SEK41.7M, resulting in a positive trade balance of SEK230M. Between August 2021 and August 2022 the exports of Sweden's Electric Soldering Equipment have increased by SEK61.8M (29.4%) from SEK210M to SEK272M, while imports decreased by SEK-4.74M (-10.2%) from SEK46.4M to SEK41.7M.
Destinations In August 2022, Electric Soldering Equipment were exported mostly to Germany (SEK66.6M), Italy (SEK56.7M), Spain (SEK22.5M), France (SEK17.7M), and United States (SEK17.2M), and were imported mostly from Germany (SEK5.79M), China (SEK5.43M), Austria (SEK4.84M), Finland (SEK3.69M), and United States (SEK3.52M).
Growth In August 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 August 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 (August 2021 - August 2022): SEK61.8M, (29.4%)
IMPORT GROWTH (August 2021 - August 2022): SEK-4.74M, (-10.2%)
MAIN DESTINATION (August 2022): Germany, SEK66.6M
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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