2022
Exports
$1.36BWorld Rnk 19 / 216
Flag Rnk 26 / 1212
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$1.07BWorld Rnk 32 / 225
Flag Rnk 22 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $1.36B in Machinery Having Individual Functions, making it the 19th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 26th most exported product in Sweden. The main destination of Machinery Having Individual Functions exports from Sweden are: United States ($216M), Germany ($142M), China ($139M), Norway ($79.6M), and France ($71M).

The fastest growing export markets for Machinery Having Individual Functions of Sweden between 2021 and 2022 were Germany ($26.9M), United States ($21.1M), and Singapore ($16.1M).

Imports In 2022, Sweden imported $1.07B in Machinery Having Individual Functions, becoming the 32nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 22nd most imported product in Sweden. Sweden imports Machinery Having Individual Functions primarily from: Germany ($286M), China ($144M), United States ($87.8M), Finland ($58.3M), and Czechia ($52.7M).

The fastest growing import markets in Machinery Having Individual Functions for Sweden between 2021 and 2022 were Finland ($29.8M), United States ($22.2M), and United Kingdom ($10.7M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (12) and Volvo (1) were at the forefront of shipping Machinery Having Individual Functions from Sweden to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)SEK111M(10.2%)
IMPORT GROWTH (February 2023 - February 2024)SEK-158M(-20.2%)
MAIN EXPORTER (February 2024)undefined1.2B
MAIN DESTINATION (February 2024)United StatesSEK165M

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

Trade Balance

Color
EXPORTS (2022)$1.36B
IMPORTS (2022)$1.07B
NET TRADE (2022)$289M

In 2022, Sweden exported $1.36B in Machinery Having Individual Functions. The main destinations of Sweden exports on Machinery Having Individual Functions were United States ($216M), Germany ($142M), China ($139M), Norway ($79.6M), and France ($71M).

In 2022, Sweden imported $1.07B in Machinery Having Individual Functions, mainly from Germany ($286M), China ($144M), United States ($87.8M), Finland ($58.3M), and Czechia ($52.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$26.9M (23.4%)
United States$21.1M (10.8%)
Singapore$16.1M (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Sweden WERE (2021 - 2022):
China-$40M (-22.3%)
South Korea-$35.3M (-45.5%)
Russia-$22.6M (-71.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Sweden's main importing competitors in Machinery Having Individual Functions were:

Explore Visualizations

Trade Value of Machinery Having Individual Functions by Exporters

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