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2023
Exports $473MWorld Rnk 16 / 210
Flag Rnk 76 / 1210
2023
Destination $17.8M United States
2022 - 2023
FASTEST GROWING MARKET $17.8MFrance
2023
PRODUCT COMPLEXITY IN Other Engines0.72Rnk 274 / 1025
2023
Imports $592MWorld Rnk 11 / 220
Flag Rnk 59 / 1213
2023
Origin $19.2M Spain
2022 - 2023
FASTEST GROWING ORIGIN $19.2MPortugal
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $473M in Other Engines, making it the 16th largest exporter of Other Engines in the world. At the same year, Other Engines was the 76th most exported product in Sweden. The main destination of Other Engines exports from Sweden are: United States ($49.5M), France ($41.3M), Germany ($36.6M), Finland ($31.6M), and China ($28M).

The fastest growing export markets for Other Engines of Sweden between 2022 and 2023 were France ($17.8M), Kazakhstan ($5.06M), and India ($4.02M).

Imports In 2023, Sweden imported $592M in Other Engines, becoming the 11th largest importer of Other Engines in the world. At the same year, Other Engines was the 59th most imported product in Sweden. Sweden imports Other Engines primarily from: Spain ($138M), Germany ($117M), Portugal ($82.1M), China ($33.9M), and India ($28.3M).

The fastest growing import markets in Other Engines for Sweden between 2022 and 2023 were Portugal ($19.2M), Germany ($10.3M), and United States ($7.21M).

COMPANIES In 2023, leading companies such as Robert Bosch (20) and Volvo (1) were at the forefront of shipping Other Engines from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Other Engines exports accounted up to SEK571M and imports accounted up to SEK565M, resulting in a positive trade balance of SEK6.03M. Between October 2023 and October 2024 the exports of Sweden's   Other Engines have increased by SEK171M (42.7%) from SEK400M to SEK571M, while imports increased by SEK270M (91.6%) from SEK295M to SEK565M.

Destinations In October 2024, Other Engines were exported mostly to China (SEK49.6M), United States (SEK46.9M), Netherlands (SEK44.9M), Finland (SEK38.5M), and Germany (SEK37.5M), and were imported mostly from Spain (SEK208M), Portugal (SEK102M), Germany (SEK92.1M), Finland (SEK27.9M), and Italy (SEK17.6M).

Growth In October 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to Netherlands (SEK12.8M or 71.9%), China (SEK9.51M or 191%), and United States (SEK8.85M or 31.2%). In October 2024, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Portugal (SEK94M or 6.41k%), Germany (SEK14.1M or 19.5%), and Czechia (SEK7.14M or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK171M(42.7%)
IMPORT GROWTH (October 2023 - October 2024)SEK270M(91.6%)
MAIN EXPORTER (October 2024)undefined571M
MAIN DESTINATION (October 2024)ChinaSEK49.6M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$473M
IMPORTS (2023)$592M
NET TRADE (2023)-$118M

In 2023, Sweden exported $473M in Other Engines. The main destinations of Sweden exports on Other Engines were United States ($49.5M), France ($41.3M), Germany ($36.6M), Finland ($31.6M), and China ($28M).

In 2023, Sweden imported $592M in Other Engines, mainly from Spain ($138M), Germany ($117M), Portugal ($82.1M), China ($33.9M), and India ($28.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
France$17.8M (75.4%)
Kazakhstan$5.06M (204%)
India$4.02M (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Sweden WERE (2022 - 2023):
Norway-$12.1M (-36%)
Denmark-$6.2M (-30.9%)
United States-$5.99M (-10.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Other Engines were:
China $4.34B
United States $3.73B
Germany $3.55B
In 2023, Sweden's main importing competitors in Other Engines were:
United States $5.1B
Germany $2.77B
China $1.4B

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.6M
TOP IMPORT POTENTIALChina+ $12.7M

Other Engines’s highest export potential is United States. With an export gap of $25.6M.   Other Engines’s highest import potential is China with an import gap of $12.7M.

See methodology.

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