Liquid Pumps in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $884M in Liquid Pumps, making it the 18th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 39th most exported product in Sweden. The main destination of Liquid Pumps exports from Sweden are: United States ($241M), France ($83.6M), Norway ($46M), Canada ($38.8M), and Germany ($30.8M).

The fastest growing export markets for Liquid Pumps of Sweden between 2021 and 2022 were United States ($38.5M), South Africa ($9.27M), and Canada ($5.51M).

Imports In 2022, Sweden imported $825M in Liquid Pumps, becoming the 24th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 41st most imported product in Sweden. Sweden imports Liquid Pumps primarily from: Germany ($266M), Italy ($71.2M), France ($59.9M), Netherlands ($58M), and Hungary ($49.3M).

The fastest growing import markets in Liquid Pumps for Sweden between 2021 and 2022 were France ($4.44M), India ($4.28M), and Czechia ($3.5M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (68) were at the forefront of shipping Liquid Pumps from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Liquid Pumps exports accounted up to SEK795M and imports accounted up to SEK721M, resulting in a positive trade balance of SEK74.5M. Between December 2022 and December 2023 the exports of Sweden's Liquid Pumps have increased by SEK25.6M (3.33%) from SEK770M to SEK795M, while imports decreased by SEK-17.8M (-2.41%) from SEK739M to SEK721M.

Destinations In December 2023, Liquid Pumps were exported mostly to United States (SEK228M), France (SEK71.3M), Canada (SEK55.9M), Norway (SEK49.1M), and China (SEK34.3M), and were imported mostly from Germany (SEK312M), Italy (SEK61.3M), Netherlands (SEK61M), Hungary (SEK40.6M), and France (SEK36.4M).

Growth In December 2023, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to United States (SEK88.4M or 69.6%), Canada (SEK20.4M or 115%), and South Africa (SEK16.9M or 103%). In December 2023, the decrease in Liquid Pumps's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-13M or -23.1%), Italy (SEK-3.35M or -8.42%), and Hungary (SEK-3.23M or -8.98%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK25.6M(3.33%)

IMPORT GROWTH (December 2022 - December 2023)SEK-17.8M(-2.41%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)United StatesSEK228M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$884M

IMPORTS (2022)$825M

NET TRADE (2022)$58.3M

In 2022, Sweden exported $884M in Liquid Pumps. The main destinations of Sweden exports on Liquid Pumps were United States ($241M), France ($83.6M), Norway ($46M), Canada ($38.8M), and Germany ($30.8M).

In 2022, Sweden imported $825M in Liquid Pumps, mainly from Germany ($266M), Italy ($71.2M), France ($59.9M), Netherlands ($58M), and Hungary ($49.3M).

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