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2022
Exports $106MWorld Rnk 22 / 187
Flag Rnk 254 / 1212
2022
Destination $7.95M United States
2021 - 2022
FASTEST GROWING MARKET $7.95MThailand
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery0.74Rnk 263 / 1025
2022
Imports $103MWorld Rnk 37 / 221
Flag Rnk 319 / 1213
2022
Origin $5.19M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $5.19MDenmark
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $106M in Industrial Food Preperation Machinery, making it the 22nd largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 254th most exported product in Sweden. The main destination of Industrial Food Preperation Machinery exports from Sweden are: United States ($13.1M), Thailand ($8.79M), Belgium ($7.89M), Norway ($6.43M), and India ($6.32M).

The fastest growing export markets for Industrial Food Preperation Machinery of Sweden between 2021 and 2022 were Thailand ($7.95M), Latvia ($5.62M), and Belgium ($5.24M).

Imports In 2022, Sweden imported $103M in Industrial Food Preperation Machinery, becoming the 37th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 319th most imported product in Sweden. Sweden imports Industrial Food Preperation Machinery primarily from: Denmark ($20.9M), Germany ($17.4M), Italy ($15.5M), Netherlands ($12M), and Poland ($7.54M).

The fastest growing import markets in Industrial Food Preperation Machinery for Sweden between 2021 and 2022 were Denmark ($5.19M), Italy ($3.26M), and Germany ($3.1M).

COMPANIES In 2023, leading companies such as Barry Callebaut (32) and IKEA Group (1) were at the forefront of shipping Industrial Food Preperation Machinery from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Industrial Food Preperation Machinery exports accounted up to SEK114M and imports accounted up to SEK54.4M, resulting in a positive trade balance of SEK59.9M. Between May 2023 and May 2024 the exports of Sweden's   Industrial Food Preperation Machinery have increased by SEK44M (62.6%) from SEK70.3M to SEK114M, while imports increased by SEK9.32M (20.7%) from SEK45.1M to SEK54.4M.

Destinations In May 2024, Industrial Food Preperation Machinery were exported mostly to India (SEK38.4M), Vietnam (SEK11.1M), United Kingdom (SEK8.36M), Mexico (SEK7.37M), and Norway (SEK7.35M), and were imported mostly from Denmark (SEK13.1M), Germany (SEK8.9M), Netherlands (SEK5M), Poland (SEK4.64M), and United States (SEK4.51M).

Growth In May 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Norway (SEK11M or 293%), Poland (SEK5.7M or 645%), and Canada (SEK5.02M or 2.52k%). In May 2024, the increase in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK1.67M or 34.7%), Spain (SEK871k or 838%), and Finland (SEK794k or 149%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK44M(62.6%)
IMPORT GROWTH (May 2023 - May 2024)SEK9.32M(20.7%)
MAIN EXPORTER (May 2024)undefined114M
MAIN DESTINATION (May 2024)IndiaSEK38.4M

This section shows Industrial Food Preperation 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 Industrial Food Preperation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$106M
IMPORTS (2022)$103M
NET TRADE (2022)$3.15M

In 2022, Sweden exported $106M in Industrial Food Preperation Machinery. The main destinations of Sweden exports on Industrial Food Preperation Machinery were United States ($13.1M), Thailand ($8.79M), Belgium ($7.89M), Norway ($6.43M), and India ($6.32M).

In 2022, Sweden imported $103M in Industrial Food Preperation Machinery, mainly from Denmark ($20.9M), Germany ($17.4M), Italy ($15.5M), Netherlands ($12M), and Poland ($7.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Thailand$7.95M (946%)
Latvia$5.62M (5.42k%)
Belgium$5.24M (198%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Sweden WERE (2021 - 2022):
Russia-$12.5M (-95.1%)
Netherlands-$3.57M (-66.4%)
Pakistan-$3.41M (-97.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Industrial Food Preperation Machinery were:
Germany $2.49B
Italy $2.15B
Netherlands $1.83B
In 2022, Sweden's main importing competitors in Industrial Food Preperation Machinery were:
United States $2.13B
Germany $706M
France $601M

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.15M
TOP IMPORT POTENTIALGermany+ $4.4M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $7.15M.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $4.4M.

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