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2022
Exports $7.87MWorld Rnk 23 / 153
Flag Rnk 679 / 1212
2022
Destination $246k Germany
2021 - 2022
FASTEST GROWING MARKET $246kChina
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $6.13MWorld Rnk 46 / 211
Flag Rnk 878 / 1213
2022
Origin $621k Germany
2021 - 2022
FASTEST GROWING ORIGIN $621kLatvia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $7.87M in Friction Material, making it the 23rd largest exporter of Friction Material in the world. At the same year, Friction Material was the 679th most exported product in Sweden. The main destination of Friction Material exports from Sweden are: Germany ($3.46M), China ($956k), Finland ($526k), Poland ($414k), and France ($314k).

The fastest growing export markets for Friction Material of Sweden between 2021 and 2022 were China ($246k), Poland ($236k), and Belgium ($231k).

Imports In 2022, Sweden imported $6.13M in Friction Material, becoming the 46th largest importer of Friction Material in the world. At the same year, Friction Material was the 878th most imported product in Sweden. Sweden imports Friction Material primarily from: Germany ($2.68M), Japan ($1.08M), Latvia ($777k), Poland ($456k), and China ($234k).

The fastest growing import markets in Friction Material for Sweden between 2021 and 2022 were Latvia ($621k), Germany ($462k), and China ($125k).

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Friction Material exports accounted up to SEK4.81M and imports accounted up to SEK1.87M, resulting in a positive trade balance of SEK2.94M. Between September 2023 and September 2024 the exports of Sweden's   Friction Material have increased by SEK859k (21.7%) from SEK3.95M to SEK4.81M, while imports increased by SEK409k (28%) from SEK1.46M to SEK1.87M.

Destinations In September 2024, Friction Material were exported mostly to Germany (SEK1.24M), France (SEK556k), Netherlands (SEK435k), China (SEK388k), and Czechia (SEK329k), and were imported mostly from Germany (SEK772k), United Kingdom (SEK207k), Belgium (SEK197k), Spain (SEK147k), and United States (SEK140k).

Growth In September 2024, the increase in Friction Material's year-by-year exports was explained primarily by an increase in exports to Norway (SEK92k or 34.2%), Belgium (SEK82k or 115%), and Estonia (SEK45k or 72.6%). In September 2024, the increase in Friction Material's year-by-year imports was explained primarily by an increase in imports from United Kingdom (SEK138k or 150%), United States (SEK80k or 63.5%), and Germany (SEK57k or 66.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK859k(21.7%)
IMPORT GROWTH (September 2023 - September 2024)SEK409k(28%)
MAIN EXPORTER (September 2024)undefined9.99M
MAIN DESTINATION (September 2024)GermanySEK1.24M

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.87M
IMPORTS (2022)$6.13M
NET TRADE (2022)$1.75M

In 2022, Sweden exported $7.87M in Friction Material. The main destinations of Sweden exports on Friction Material were Germany ($3.46M), China ($956k), Finland ($526k), Poland ($414k), and France ($314k).

In 2022, Sweden imported $6.13M in Friction Material, mainly from Germany ($2.68M), Japan ($1.08M), Latvia ($777k), Poland ($456k), and China ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
China$246k (34.6%)
Poland$236k (132%)
Belgium$231k (1.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Sweden WERE (2021 - 2022):
Germany-$287k (-7.65%)
Norway-$269k (-55.8%)
Italy-$61.4k (-56.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, Sweden's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $514k
TOP IMPORT POTENTIALChina+ $230k

Friction Material’s highest export potential is China. With an export gap of $514k.   Friction Material’s highest import potential is China with an import gap of $230k.

See methodology.

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