Motor vehicles; parts and accessories (8701 to 8705) in Sweden

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Exports In 2022, Sweden exported $4.69B in Motor vehicles; parts and accessories (8701 to 8705), making it the 23rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 7th most exported product in Sweden. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Sweden are: Belgium ($1.06B), Netherlands ($710M), France ($534M), Germany ($272M), and United States ($262M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Sweden between 2021 and 2022 were Belgium ($19.7M), Brazil ($19.1M), and Norway ($17.5M).

Imports In 2022, Sweden imported $5.66B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 20th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 5th most imported product in Sweden. Sweden imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($1.38B), Poland ($643M), Czechia ($375M), Netherlands ($367M), and Italy ($361M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Sweden between 2021 and 2022 were Japan ($204M), Norway ($26.4M), and Spain ($21.2M).

COMPANIES In 2023, leading companies such as Volvo (236), Robert Bosch (131), and Mahle Behr (23) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Sweden to the United States.

Latest Trends

August 2024

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Overview In August 2024 Sweden's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to SEK3.41B and imports accounted up to SEK4.32B, resulting in a negative trade balance of SEK915M. Between August 2023 and August 2024 the exports of Sweden's Motor vehicles; parts and accessories (8701 to 8705) have decreased by SEK-591M (-14.8%) from SEK4B to SEK3.41B, while imports increased by SEK300M (7.45%) from SEK4.02B to SEK4.32B.

Destinations In August 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Belgium (SEK576M), Netherlands (SEK525M), France (SEK437M), Germany (SEK263M), and Norway (SEK200M), and were imported mostly from Germany (SEK1.14B), Poland (SEK411M), Czechia (SEK368M), Japan (SEK255M), and Italy (SEK246M).

Growth In August 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Switzerland (SEK-21.1M or -40.1%), Romania (SEK-4.68M or -41.4%), and Portugal (SEK-2.31M or -56.9%). In August 2024, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from Belgium (SEK450M or 260%), Germany (SEK334M or 30.4%), and Poland (SEK110M or 27.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)SEK-591M(-14.8%)

IMPORT GROWTH (August 2023 - August 2024)SEK300M(7.45%)

MAIN EXPORTER (August 2024)undefined4.85B

MAIN DESTINATION (August 2024)BelgiumSEK576M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

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