HS Icon Machinery Having Individual Functions in  Flag Sweden

2019
Exports | Imports
: $1.28B | $937M, World Rnk 17 / 222
Flag Rnk 22 / 1212 | World Rnk 30 / 224
Flag Rnk 19 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $17.2M | $30.9M, United States |  Poland

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

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Sweden exported $1.28B in Machinery Having Individual Functions, making it the 17th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 22nd most exported product in Sweden. The main destination of Machinery Having Individual Functions exports from Sweden are: United States ($185M), China ($147M), Germany ($120M), Japan ($70.1M), and Norway ($68.4M).

The fastest growing export markets for Machinery Having Individual Functions of Sweden between 2018 and 2019 were United States ($17.2M), India ($14.3M), and Japan ($11.4M).

Imports In 2019, Sweden imported $937M in Machinery Having Individual Functions, becoming the 30th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 19th most imported product in Sweden. Sweden imports Machinery Having Individual Functions primarily from: Germany ($317M), Poland ($72.2M), Czechia ($63.5M), China ($61.7M), and Denmark ($47M).

The fastest growing import markets in Machinery Having Individual Functions for Sweden between 2018 and 2019 were Poland ($30.9M), Germany ($18.3M), and China ($17.8M).

Tariffs In 1989, the average tariff for Sweden in Machinery Having Individual Functions was 3.04%. The countries with the highest import tariffs for Machinery Having Individual Functions were Angola (Most Favoured Nation duty rate treatement, 3.04%), Burundi (Most Favoured Nation duty rate treatement, 3.04%), Benin (Most Favoured Nation duty rate treatement, 3.04%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.04%), and Botswana (Most Favoured Nation duty rate treatement, 3.04%).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): SEK278M, (38.3%)

IMPORT GROWTH (June 2020 - June 2021): SEK151M, (37.3%)

MAIN DESTINATION (June 2021): United States, SEK148M

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

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Historical Data

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EXPORTS (2019): $1.28B

IMPORTS (2019): $937M

NET TRADE (2019): $348M

In 2019, Sweden exported $1.28B in Machinery Having Individual Functions. The main destinations of Sweden exports on Machinery Having Individual Functions were United States ($185M), China ($147M), Germany ($120M), Japan ($70.1M), and Norway ($68.4M).

In 2019, Sweden imported $937M in Machinery Having Individual Functions, mainly from Germany ($317M), Poland ($72.2M), Czechia ($63.5M), China ($61.7M), and Denmark ($47M).

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IN 2019, Sweden HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Sweden WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Sweden WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Sweden's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Sweden's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 1989, the average tariff for Sweden in Machinery Having Individual Functions was 3.04%.

The countries with the highest tariffs for Machinery Having Individual Functions in Sweden were Angola (Most Favoured Nation duty rate treatement, 3.04%), Burundi (Most Favoured Nation duty rate treatement, 3.04%), Benin (Most Favoured Nation duty rate treatement, 3.04%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.04%), and Botswana (Most Favoured Nation duty rate treatement, 3.04%).