Overview In August 2021 Sweden's Machinery Having Individual Functions exports accounted up to SEK613M and imports accounted up to SEK530M, resulting in a positive trade balance of SEK82.9M. Between August 2020 and August 2021 the exports of Sweden's Machinery Having Individual Functions have increased by SEK47.6M (8.42%) from SEK565M to SEK613M, while imports increased by SEK179M (51.1%) from SEK351M to SEK530M.
Destinations In August 2021, Machinery Having Individual Functions were exported mostly to United States (SEK91.4M), Germany (SEK53.2M), China (SEK52.6M), Norway (SEK46.1M), and France (SEK34.3M), and were imported mostly from Germany (SEK127M), China (SEK117M), Austria (SEK49.1M), United States (SEK41.2M), and Netherlands (SEK25.7M).
Growth In August 2021, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to China (SEK15.4M or 41.5%), Singapore (SEK13.4M or 108%), and Turkey (SEK9.72M or 52.6%). In August 2021, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from China (SEK95.7M or 458%), Austria (SEK46.9M or 2.14k%), and Germany (SEK14.8M or 13.2%).