HS Icon Interchangeable Tool Parts in  Flag Sweden

2019
Exports | Imports
: $377M | $236M, World Rnk 13 / 207
Flag Rnk 88 / 1212 | World Rnk 26 / 221
Flag Rnk 137 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.66M | $1.74M, China |  Canada

2019
ECONOMIC COMPLEXITY of Sweden
: 1.65, Rnk 8 / 147

2019
PRODUCT COMPLEXITY  IN Interchangeable Tool Parts
: 1.78, Rnk 21 / 1029

Exports In 2019, Sweden exported $377M in Interchangeable Tool Parts, making it the 13th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 88th most exported product in Sweden. The main destination of Interchangeable Tool Parts exports from Sweden are: Australia ($36.3M), United States ($30.7M), South Africa ($24.4M), Canada ($24.2M), and Norway ($21.6M).

The fastest growing export markets for Interchangeable Tool Parts of Sweden between 2018 and 2019 were China ($6.66M), Peru ($5.96M), and South Africa ($2.97M).

Imports In 2019, Sweden imported $236M in Interchangeable Tool Parts, becoming the 26th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 137th most imported product in Sweden. Sweden imports Interchangeable Tool Parts primarily from: Germany ($72.1M), China ($15.9M), Italy ($14.2M), Belgium ($13.6M), and Netherlands ($13.4M).

The fastest growing import markets in Interchangeable Tool Parts for Sweden between 2018 and 2019 were Canada ($1.74M), China ($1.18M), and Czechia ($463k).

Tariffs In 1989, the average tariff for Sweden in Interchangeable Tool Parts was 3.2%. The countries with the highest import tariffs for Interchangeable Tool Parts were Angola (Most Favoured Nation duty rate treatement, 3.2%), Burundi (Most Favoured Nation duty rate treatement, 3.2%), Benin (Most Favoured Nation duty rate treatement, 3.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.2%), and Botswana (Most Favoured Nation duty rate treatement, 3.2%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): SEK46.1M, (22.3%)

IMPORT GROWTH (June 2020 - June 2021): SEK21.5M, (15.2%)

MAIN DESTINATION (June 2021): Australia, SEK34.5M

This section shows Interchangeable Tool Parts'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 Interchangeable Tool Parts over time.

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Historical Data

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EXPORTS (2019): $377M

IMPORTS (2019): $236M

NET TRADE (2019): $141M

In 2019, Sweden exported $377M in Interchangeable Tool Parts. The main destinations of Sweden exports on Interchangeable Tool Parts were Australia ($36.3M), United States ($30.7M), South Africa ($24.4M), Canada ($24.2M), and Norway ($21.6M).

In 2019, Sweden imported $236M in Interchangeable Tool Parts, mainly from Germany ($72.1M), China ($15.9M), Italy ($14.2M), Belgium ($13.6M), and Netherlands ($13.4M).

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IN 2019, Sweden HAD A POSITIVE NET TRADE IN Interchangeable Tool Parts WITH:

IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Interchangeable Tool Parts WITH:

Flow

THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Sweden WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Sweden WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Sweden's main exporting competitors in Interchangeable Tool Parts were:

In 2019, Sweden's main importing competitors in Interchangeable Tool Parts were:

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Tariffs by Country

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In 1989, the average tariff for Sweden in Interchangeable Tool Parts was 3.2%.

The countries with the highest tariffs for Interchangeable Tool Parts in Sweden were Angola (Most Favoured Nation duty rate treatement, 3.2%), Burundi (Most Favoured Nation duty rate treatement, 3.2%), Benin (Most Favoured Nation duty rate treatement, 3.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.2%), and Botswana (Most Favoured Nation duty rate treatement, 3.2%).