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2023
Exports $35.3MWorld Rnk 33 / 190
Flag Rnk 400 / 1210
2023
Destination $1.44M Denmark
2022 - 2023
FASTEST GROWING MARKET $1.44MItaly
2023
PRODUCT COMPLEXITY IN Motorcycles and cycles0.4Rnk 414 / 1025
2023
Imports $199MWorld Rnk 35 / 221
Flag Rnk 171 / 1213
2023
Origin $4.83M China
2022 - 2023
FASTEST GROWING ORIGIN $4.83MFinland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $35.3M in Motorcycles and cycles, making it the 33rd largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 400th most exported product in Sweden. The main destination of Motorcycles and cycles exports from Sweden are: Denmark ($7.87M), Finland ($7.83M), Netherlands ($2.76M), Norway ($2.17M), and Italy ($2.05M).

The fastest growing export markets for Motorcycles and cycles of Sweden between 2022 and 2023 were Italy ($1.44M), Romania ($1.3M), and Poland ($1.02M).

Imports In 2023, Sweden imported $199M in Motorcycles and cycles, becoming the 35th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 171st most imported product in Sweden. Sweden imports Motorcycles and cycles primarily from: China ($35.1M), Germany ($33.9M), Netherlands ($18.1M), Italy ($16.6M), and Austria ($15.2M).

The fastest growing import markets in Motorcycles and cycles for Sweden between 2022 and 2023 were Finland ($4.83M), Japan ($2.03M), and France ($1.46M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Motorcycles and cycles exports accounted up to SEK38.6M and imports accounted up to SEK131M, resulting in a negative trade balance of SEK92.8M. Between October 2023 and October 2024 the exports of Sweden's   Motorcycles and cycles have increased by SEK785k (2.07%) from SEK37.8M to SEK38.6M, while imports decreased by SEK-14.8M (-10.1%) from SEK146M to SEK131M.

Destinations In October 2024, Motorcycles and cycles were exported mostly to Denmark (SEK9.16M), Netherlands (SEK7.27M), Finland (SEK6.4M), Norway (SEK5.72M), and Poland (SEK4.36M), and were imported mostly from Italy (SEK29.9M), Germany (SEK25.9M), Austria (SEK21.4M), China (SEK13.4M), and Netherlands (SEK11M).

Growth In October 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK9.26M or 170%), Finland (SEK3.02M or 34.9%), and Norway (SEK1.56M or 59.4%). In October 2024, the decrease in Motorcycles and cycles's year-by-year imports was explained primarily by a decrease in imports from Poland (SEK-13.8M or -100%), China (SEK-11.9M or -62.6%), and Belgium (SEK-4.06M or -28.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK785k(2.07%)
IMPORT GROWTH (October 2023 - October 2024)SEK-14.8M(-10.1%)
MAIN EXPORTER (October 2024)undefined67.7M
MAIN DESTINATION (October 2024)DenmarkSEK9.16M

This section shows Motorcycles and cycles'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 Motorcycles and cycles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.3M
IMPORTS (2023)$199M
NET TRADE (2023)-$164M

In 2023, Sweden exported $35.3M in Motorcycles and cycles. The main destinations of Sweden exports on Motorcycles and cycles were Denmark ($7.87M), Finland ($7.83M), Netherlands ($2.76M), Norway ($2.17M), and Italy ($2.05M).

In 2023, Sweden imported $199M in Motorcycles and cycles, mainly from China ($35.1M), Germany ($33.9M), Netherlands ($18.1M), Italy ($16.6M), and Austria ($15.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Italy$1.44M (235%)
Romania$1.3M (2.58k%)
Poland$1.02M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY Sweden WERE (2022 - 2023):
Norway-$2.62M (-54.7%)
Finland-$1.53M (-16.3%)
Denmark-$1.19M (-13.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Motorcycles and cycles were:
China $9.61B
Japan $3.39B
Germany $3.24B
In 2023, Sweden's main importing competitors in Motorcycles and cycles were:
United States $4.28B
Germany $3.39B
France $2.12B

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.49M
TOP IMPORT POTENTIALChina+ $22.4M

Motorcycles and cycles’s highest export potential is Germany. With an export gap of $3.49M.   Motorcycles and cycles’s highest import potential is China with an import gap of $22.4M.

See methodology.

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