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2023
Exports $206MWorld Rnk 21 / 195
Flag Rnk 157 / 1210
2023
Destination $1.62M Denmark
2022 - 2023
FASTEST GROWING MARKET $1.62MFinland
2023
PRODUCT COMPLEXITY IN Harvesting Machinery0.88Rnk 218 / 1025
2023
Imports $407MWorld Rnk 18 / 224
Flag Rnk 92 / 1213
2023
Origin $25.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $25.3MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $206M in Harvesting Machinery, making it the 21st largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 157th most exported product in Sweden. The main destination of Harvesting Machinery exports from Sweden are: Denmark ($72.5M), Germany ($19.1M), Netherlands ($14.6M), Lithuania ($14.3M), and Poland ($9.36M).

The fastest growing export markets for Harvesting Machinery of Sweden between 2022 and 2023 were Finland ($1.62M), Lithuania ($1.58M), and Romania ($1.29M).

Imports In 2023, Sweden imported $407M in Harvesting Machinery, becoming the 18th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 92nd most imported product in Sweden. Sweden imports Harvesting Machinery primarily from: Germany ($101M), United Kingdom ($51.4M), Poland ($43.1M), China ($43M), and United States ($32.4M).

The fastest growing import markets in Harvesting Machinery for Sweden between 2022 and 2023 were Germany ($25.3M), Czechia ($8.86M), and United Kingdom ($2.85M).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Harvesting Machinery from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Harvesting Machinery exports accounted up to SEK67.7M and imports accounted up to SEK159M, resulting in a negative trade balance of SEK90.9M. Between October 2023 and October 2024 the exports of Sweden's   Harvesting Machinery have increased by SEK27.7M (69.2%) from SEK40M to SEK67.7M, while imports increased by SEK47.1M (42.3%) from SEK111M to SEK159M.

Destinations In October 2024, Harvesting Machinery were exported mostly to Germany (SEK14.1M), Finland (SEK9.71M), Norway (SEK9.31M), Poland (SEK7.42M), and Brazil (SEK5.18M), and were imported mostly from Germany (SEK37M), Poland (SEK26.2M), Denmark (SEK21.2M), China (SEK19.2M), and United States (SEK14M).

Growth In October 2024, the increase in Harvesting Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (SEK5.74M or 70.3%), Lithuania (SEK2.83M or 316%), and Poland (SEK2.73M or 78.2%). In October 2024, the increase in Harvesting Machinery's year-by-year imports was explained primarily by an increase in imports from Italy (SEK30M or 196%), Germany (SEK30M or 84.3%), and United Kingdom (SEK22.1M or 127%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK27.7M(69.2%)
IMPORT GROWTH (October 2023 - October 2024)SEK47.1M(42.3%)
MAIN EXPORTER (October 2024)undefined72.9M
MAIN DESTINATION (October 2024)GermanySEK14.1M

This section shows Harvesting Machinery'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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$206M
IMPORTS (2023)$407M
NET TRADE (2023)-$201M

In 2023, Sweden exported $206M in Harvesting Machinery. The main destinations of Sweden exports on Harvesting Machinery were Denmark ($72.5M), Germany ($19.1M), Netherlands ($14.6M), Lithuania ($14.3M), and Poland ($9.36M).

In 2023, Sweden imported $407M in Harvesting Machinery, mainly from Germany ($101M), United Kingdom ($51.4M), Poland ($43.1M), China ($43M), and United States ($32.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Finland$1.62M (37.8%)
Lithuania$1.58M (12.4%)
Romania$1.29M (68.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Sweden WERE (2022 - 2023):
Germany-$14.4M (-43%)
France-$11.4M (-70.2%)
Denmark-$6.42M (-8.13%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Harvesting Machinery were:
Germany $5.74B
United States $5.01B
China $3.19B
In 2023, Sweden's main importing competitors in Harvesting Machinery were:
United States $4.16B
Germany $2.56B
Canada $2.42B

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.1M
TOP IMPORT POTENTIALChina+ $14.2M

Harvesting Machinery’s highest export potential is Germany. With an export gap of $11.1M.   Harvesting Machinery’s highest import potential is China with an import gap of $14.2M.

See methodology.

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