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Pricing

2022
Exports $48MWorld Rnk 14 / 161
Flag Rnk 372 / 1212
2022
Destination $4.97M China
2021 - 2022
FASTEST GROWING MARKET $4.97MChina
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $30.2MWorld Rnk 27 / 210
Flag Rnk 585 / 1213
2022
Origin $2.23M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.23MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $48M in Metal Finishing Machines, making it the 14th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 372nd most exported product in Sweden. The main destination of Metal Finishing Machines exports from Sweden are: China ($12.1M), United States ($4.97M), Germany ($3.94M), Poland ($3.03M), and Norway ($2.14M).

The fastest growing export markets for Metal Finishing Machines of Sweden between 2021 and 2022 were China ($4.97M), Poland ($1.82M), and Bosnia and Herzegovina ($1.53M).

Imports In 2022, Sweden imported $30.2M in Metal Finishing Machines, becoming the 27th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 585th most imported product in Sweden. Sweden imports Metal Finishing Machines primarily from: Germany ($13.5M), Switzerland ($3.98M), United Kingdom ($2.93M), Italy ($2.4M), and China ($1.46M).

The fastest growing import markets in Metal Finishing Machines for Sweden between 2021 and 2022 were United Kingdom ($2.23M), Italy ($1.09M), and San Marino ($691k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Metal Finishing Machines exports accounted up to SEK32.7M and imports accounted up to SEK11.2M, resulting in a positive trade balance of SEK21.5M. Between May 2023 and May 2024 the exports of Sweden's   Metal Finishing Machines have increased by SEK10.2M (45%) from SEK22.6M to SEK32.7M, while imports decreased by SEK-16.8M (-59.9%) from SEK28M to SEK11.2M.

Destinations In May 2024, Metal Finishing Machines were exported mostly to China (SEK9.98M), United States (SEK3.96M), Germany (SEK3.11M), Canada (SEK1.93M), and South Korea (SEK1.32M), and were imported mostly from Germany (SEK7.49M), Chinese Taipei (SEK1.64M), Latvia (SEK517k), United States (SEK425k), and China (SEK410k).

Growth In May 2024, the increase in Metal Finishing Machines's year-by-year exports was explained primarily by an increase in exports to United States (SEK5.08M or 452%), Germany (SEK2.73M or 111%), and United Kingdom (SEK1.96M or 1.42k%). In May 2024, the decrease in Metal Finishing Machines's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (SEK-10.5M or -98.7%), Germany (SEK-4.2M or -90.5%), and Denmark (SEK-733k or -71.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK10.2M(45%)
IMPORT GROWTH (May 2023 - May 2024)SEK-16.8M(-59.9%)
MAIN EXPORTER (May 2024)undefined80.2M
MAIN DESTINATION (May 2024)ChinaSEK9.98M

This section shows Metal Finishing Machines'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 Metal Finishing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48M
IMPORTS (2022)$30.2M
NET TRADE (2022)$17.8M

In 2022, Sweden exported $48M in Metal Finishing Machines. The main destinations of Sweden exports on Metal Finishing Machines were China ($12.1M), United States ($4.97M), Germany ($3.94M), Poland ($3.03M), and Norway ($2.14M).

In 2022, Sweden imported $30.2M in Metal Finishing Machines, mainly from Germany ($13.5M), Switzerland ($3.98M), United Kingdom ($2.93M), Italy ($2.4M), and China ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
China$4.97M (69.2%)
Poland$1.82M (151%)
Bosnia and Herzegovina$1.53M (34.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Sweden WERE (2021 - 2022):
Germany-$2.56M (-39.4%)
India-$1.49M (-73.2%)
France-$1.17M (-52.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Sweden's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.27M
TOP IMPORT POTENTIALChina+ $932k

Metal Finishing Machines’s highest export potential is China. With an export gap of $2.27M.   Metal Finishing Machines’s highest import potential is China with an import gap of $932k.

See methodology.

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