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2022
Exports $3.63MWorld Rnk 28 / 116
Flag Rnk 812 / 1212
2022
Destination $225k Norway
2021 - 2022
FASTEST GROWING MARKET $225kItaly
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines-0.028Rnk 553 / 1025
2022
Imports $8.05MWorld Rnk 35 / 195
Flag Rnk 829 / 1213
2022
Origin $2.12M Czechia
2021 - 2022
FASTEST GROWING ORIGIN $2.12MCzechia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $3.63M in Hydraulic Turbines, making it the 28th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 812th most exported product in Sweden. The main destination of Hydraulic Turbines exports from Sweden are: Norway ($1.32M), Denmark ($971k), Italy ($364k), China ($255k), and Portugal ($171k).

The fastest growing export markets for Hydraulic Turbines of Sweden between 2021 and 2022 were Italy ($225k), Portugal ($171k), and Netherlands ($140k).

Imports In 2022, Sweden imported $8.05M in Hydraulic Turbines, becoming the 35th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 829th most imported product in Sweden. Sweden imports Hydraulic Turbines primarily from: Czechia ($2.92M), Slovenia ($914k), India ($866k), China ($670k), and Denmark ($424k).

The fastest growing import markets in Hydraulic Turbines for Sweden between 2021 and 2022 were Czechia ($2.12M), India ($866k), and United States ($175k).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Hydraulic Turbines exports accounted up to SEK456k and imports accounted up to SEK1.11M, resulting in a negative trade balance of SEK653k. Between July 2023 and July 2024 the exports of Sweden's   Hydraulic Turbines have decreased by SEK-1.05M (-69.6%) from SEK1.5M to SEK456k, while imports decreased by SEK-4.58M (-80.5%) from SEK5.69M to SEK1.11M.

Destinations In July 2024, Hydraulic Turbines were exported mostly to China (SEK273k), Faroe Islands (SEK72k), United States (SEK37k), Canada (SEK16k), and Netherlands (SEK15k), and were imported mostly from Germany (SEK585k), Poland (SEK280k), United Kingdom (SEK174k), Norway (SEK33k), and Denmark (SEK32k).

Growth In July 2024, the decrease in Hydraulic Turbines's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-26k or -33.3%) and Netherlands (SEK-5k or -55.6%). In July 2024, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-1.76M or -99.6%) and Germany (SEK-196k or -99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-1.05M(-69.6%)
IMPORT GROWTH (July 2023 - July 2024)SEK-4.58M(-80.5%)
MAIN EXPORTER (July 2024)undefined5.12M
MAIN DESTINATION (July 2024)ChinaSEK273k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.63M
IMPORTS (2022)$8.05M
NET TRADE (2022)-$4.43M

In 2022, Sweden exported $3.63M in Hydraulic Turbines. The main destinations of Sweden exports on Hydraulic Turbines were Norway ($1.32M), Denmark ($971k), Italy ($364k), China ($255k), and Portugal ($171k).

In 2022, Sweden imported $8.05M in Hydraulic Turbines, mainly from Czechia ($2.92M), Slovenia ($914k), India ($866k), China ($670k), and Denmark ($424k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Italy$225k (162%)
Portugal$171k (1%)
Netherlands$140k (13.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Sweden WERE (2021 - 2022):
Finland-$92.7k (-72.7%)
United Kingdom-$46.5k (-98.3%)
Norway-$46.4k (-3.39%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hydraulic Turbines were:
China $225M
Austria $127M
Germany $88.9M
In 2022, Sweden's main importing competitors in Hydraulic Turbines were:
Russia $65.9M
United States $58.5M
Vietnam $53.8M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $70.3k
TOP IMPORT POTENTIALChina+ $373k

Hydraulic Turbines’s highest export potential is Germany. With an export gap of $70.3k.   Hydraulic Turbines’s highest import potential is China with an import gap of $373k.

See methodology.

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