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2022
Exports $606kWorld Rnk 41 / 118
Flag Rnk 1000 / 1212
2022
Destination $114k United States
2021 - 2022
FASTEST GROWING MARKET $114kUnited States
2022
PRODUCT COMPLEXITY IN Leather Machinery0.25Rnk 472 / 1025
2022
Imports $1.93MWorld Rnk 65 / 183
Flag Rnk 1007 / 1213
2022
Origin $903k Italy
2021 - 2022
FASTEST GROWING ORIGIN $903kItaly
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $606k in Leather Machinery, making it the 41st largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 1000th most exported product in Sweden. The main destination of Leather Machinery exports from Sweden are: United States ($120k), Finland ($90.4k), Bosnia and Herzegovina ($85.9k), Argentina ($64.9k), and Czechia ($42.4k).

The fastest growing export markets for Leather Machinery of Sweden between 2021 and 2022 were United States ($114k), Bosnia and Herzegovina ($85.9k), and Argentina ($64.9k).

Imports In 2022, Sweden imported $1.93M in Leather Machinery, becoming the 65th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 1007th most imported product in Sweden. Sweden imports Leather Machinery primarily from: Italy ($1.21M), Germany ($199k), Romania ($191k), China ($149k), and United States ($35.2k).

The fastest growing import markets in Leather Machinery for Sweden between 2021 and 2022 were Italy ($903k), China ($134k), and United States ($26.7k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Leather Machinery exports accounted up to SEK64k and imports accounted up to SEK714k, resulting in a negative trade balance of SEK650k. Between August 2023 and August 2024 the exports of Sweden's   Leather Machinery have decreased by SEK-115k (-64.2%) from SEK179k to SEK64k, while imports decreased by SEK-60k (-7.75%) from SEK774k to SEK714k.

Destinations In August 2024, Leather Machinery were exported mostly to Turkey (SEK27k), Norway (SEK17k), Switzerland (SEK9k), United Kingdom (SEK7k), and Australia (SEK3k), and were imported mostly from Denmark (SEK343k), Italy (SEK182k), Spain (SEK86k), Germany (SEK50k), and United States (SEK32k).

Growth In August 2024, the decrease in Leather Machinery's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-1.1M or -99.2%) and Denmark (SEK-1k or -50%). In August 2024, the decrease in Leather Machinery's year-by-year imports was explained primarily by a decrease in imports from China (SEK-70k or -79.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-115k(-64.2%)
IMPORT GROWTH (August 2023 - August 2024)SEK-60k(-7.75%)
MAIN EXPORTER (August 2024)undefined346k
MAIN DESTINATION (August 2024)TurkeySEK27k

This section shows Leather 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 Leather Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$606k
IMPORTS (2022)$1.93M
NET TRADE (2022)-$1.32M

In 2022, Sweden exported $606k in Leather Machinery. The main destinations of Sweden exports on Leather Machinery were United States ($120k), Finland ($90.4k), Bosnia and Herzegovina ($85.9k), Argentina ($64.9k), and Czechia ($42.4k).

In 2022, Sweden imported $1.93M in Leather Machinery, mainly from Italy ($1.21M), Germany ($199k), Romania ($191k), China ($149k), and United States ($35.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$114k (2.09k%)
Bosnia and Herzegovina$85.9k (1%)
Argentina$64.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Sweden WERE (2021 - 2022):
India-$1.15M (-100%)
Norway-$68.5k (-78.2%)
Singapore-$30.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Leather Machinery were:
China $413M
Italy $320M
Chinese Taipei $104M
In 2022, Sweden's main importing competitors in Leather Machinery were:
Indonesia $152M
Vietnam $139M
India $82.1M

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47k
TOP IMPORT POTENTIALChina+ $208k

Leather Machinery’s highest export potential is United States. With an export gap of $47k.   Leather Machinery’s highest import potential is China with an import gap of $208k.

See methodology.

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