Locomotive Parts in Sweden 2021 Exports | Imports : $218M | $132M, World Rnk 14 / 139 Rnk 161 / 1209 | World Rnk 24 / 196 Rnk 258 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $17.8M | $9.46M, France | Norway
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Locomotive Parts: 0.81, Rnk 241 / 1024
Exports In 2021, Sweden exported $218M in Locomotive Parts, making it the 14th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 161st most exported product in Sweden. The main destination of Locomotive Parts exports from Sweden are: France ($41.5M), United Kingdom ($23.6M), Norway ($23.1M), Germany ($19.6M), and China ($19.3M).
The fastest growing export markets for Locomotive Parts of Sweden between 2020 and 2021 were France ($17.8M), Italy ($3.8M), and Germany ($3.13M).
Imports In 2021, Sweden imported $132M in Locomotive Parts, becoming the 24th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 258th most imported product in Sweden. Sweden imports Locomotive Parts primarily from: Germany ($31.6M), Poland ($16.2M), Norway ($16.2M), Spain ($13.3M), and Italy ($11.9M).
The fastest growing import markets in Locomotive Parts for Sweden between 2020 and 2021 were Norway ($9.46M), Denmark ($5.81M), and Spain ($3.36M).
April 2023
Overview In April 2023 Sweden's Locomotive Parts exports accounted up to SEK89M and imports accounted up to SEK134M, resulting in a negative trade balance of SEK45.3M. Between April 2022 and April 2023 the exports of Sweden's Locomotive Parts have increased by SEK2.92M (3.39%) from SEK86M to SEK89M, while imports increased by SEK51.5M (62.3%) from SEK82.7M to SEK134M.
Destinations In April 2023, Locomotive Parts were exported mostly to France (SEK15.5M), Norway (SEK12.1M), Denmark (SEK5.89M), Germany (SEK4.93M), and United States (SEK4.78M), and were imported mostly from Germany (SEK56.1M), Norway (SEK16.8M), France (SEK9.01M), Italy (SEK8.46M), and Czechia (SEK7.51M).
Growth In April 2023, the increase in Locomotive Parts's year-by-year exports was explained primarily by an increase in exports to United States (SEK5.02M or 176%), Germany (SEK4.95M or 90.8%), and Austria (SEK3.05M or 413%). In April 2023, the increase in Locomotive Parts's year-by-year imports was explained primarily by an increase in imports from Germany (SEK15.9M or 103%), Czechia (SEK2.08M or 156%), and Denmark (SEK2.07M or 56.1%).
EXPORT GROWTH (April 2022 - April 2023): SEK2.92M, (3.39%)
IMPORT GROWTH (April 2022 - April 2023): SEK51.5M, (62.3%)
MAIN EXPORTER (April 2023): , undefined126M
MAIN DESTINATION (April 2023): France, SEK15.5M
This section shows Locomotive 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 Locomotive Parts over time.
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EXPORTS (2021): $218M
IMPORTS (2021): $132M
NET TRADE (2021): $86.3M
In 2021, Sweden exported $218M in Locomotive Parts. The main destinations of Sweden exports on Locomotive Parts were France ($41.5M), United Kingdom ($23.6M), Norway ($23.1M), Germany ($19.6M), and China ($19.3M).
In 2021, Sweden imported $132M in Locomotive Parts, mainly from Germany ($31.6M), Poland ($16.2M), Norway ($16.2M), Spain ($13.3M), and Italy ($11.9M).
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Locomotive Parts were:
In 2021, Sweden's main importing competitors in Locomotive Parts were:
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