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

July 2024

About

Overview In July 2024 Sweden's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to SEK2.86B and imports accounted up to SEK3.19B, resulting in a negative trade balance of SEK324M. Between July 2023 and July 2024 the exports of Sweden's Motor vehicles; parts and accessories (8701 to 8705) have decreased by SEK-315M (-9.92%) from SEK3.18B to SEK2.86B, while imports decreased by SEK-453M (-12.4%) from SEK3.64B to SEK3.19B.

Destinations In July 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Belgium (SEK449M), Netherlands (SEK350M), France (SEK261M), Brazil (SEK229M), and Norway (SEK193M), and were imported mostly from Germany (SEK824M), Poland (SEK275M), Czechia (SEK228M), Italy (SEK215M), and Belgium (SEK172M).

Growth In July 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 July 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-228M or -45.5%), Malaysia (SEK-12.5M or -89.9%), and Chinese Taipei (SEK-7.73M or -59.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)SEK-315M(-9.92%)

IMPORT GROWTH (July 2023 - July 2024)SEK-453M(-12.4%)

MAIN EXPORTER (July 2024)undefined4.85B

MAIN DESTINATION (July 2024)BelgiumSEK449M

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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