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2022
Exports $492MWorld Rnk 15 / 208
Flag Rnk 81 / 1212
2022
Destination $10.7M United States
2021 - 2022
FASTEST GROWING MARKET $10.7MItaly
2022
PRODUCT COMPLEXITY IN Other Engines0.83Rnk 234 / 1025
2022
Imports $664MWorld Rnk 10 / 223
Flag Rnk 53 / 1213
2022
Origin $65.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $65.4MIndia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $492M in Other Engines, making it the 15th largest exporter of Other Engines in the world. At the same year, Other Engines was the 81st most exported product in Sweden. The main destination of Other Engines exports from Sweden are: United States ($54.2M), Germany ($41M), Norway ($37.1M), Finland ($35.7M), and Netherlands ($28.2M).

The fastest growing export markets for Other Engines of Sweden between 2021 and 2022 were Italy ($10.7M), United States ($7.2M), and Netherlands ($5.89M).

Imports In 2018, Sweden imported $664M in Other Engines, becoming the 10th largest importer of Other Engines in the world. At the same year, Other Engines was the 53rd most imported product in Sweden. Sweden imports Other Engines primarily from: Germany ($109M), China ($104M), Spain ($103M), India ($77M), and Portugal ($58.7M).

The fastest growing import markets in Other Engines for Sweden between 2021 and 2022 were India ($65.4M), Spain ($55.1M), and Portugal ($20.6M).

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

August 2024

About

Overview In August 2024 Sweden's Other Engines exports accounted up to SEK422M and imports accounted up to SEK462M, resulting in a negative trade balance of SEK40.5M. Between August 2023 and August 2024 the exports of Sweden's   Other Engines have increased by SEK54.8M (14.9%) from SEK367M to SEK422M, while imports decreased by SEK-250M (-35.1%) from SEK713M to SEK462M.

Destinations In August 2024, Other Engines were exported mostly to Norway (SEK53M), United States (SEK31.5M), Netherlands (SEK25.9M), Finland (SEK25M), and Germany (SEK24.1M), and were imported mostly from Spain (SEK248M), Germany (SEK68.2M), Finland (SEK18.5M), Portugal (SEK16.7M), and Italy (SEK13.4M).

Growth In August 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 August 2024, the decrease in Other Engines's year-by-year imports was explained primarily by a decrease in imports from Spain (SEK-189M or -98.1%), India (SEK-92.1M or -96.8%), and China (SEK-6.46M or -64.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK54.8M(14.9%)
IMPORT GROWTH (August 2023 - August 2024)SEK-250M(-35.1%)
MAIN EXPORTER (August 2024)undefined452M
MAIN DESTINATION (August 2024)NorwaySEK53M

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 (2022)$492M
IMPORTS (2022)$664M
NET TRADE (2022)-$172M

In 2022, Sweden exported $492M in Other Engines. The main destinations of Sweden exports on Other Engines were United States ($54.2M), Germany ($41M), Norway ($37.1M), Finland ($35.7M), and Netherlands ($28.2M).

In 2022, Sweden imported $664M in Other Engines, mainly from Germany ($109M), China ($104M), Spain ($103M), India ($77M), and Portugal ($58.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Italy$10.7M (101%)
United States$7.2M (15.3%)
Netherlands$5.89M (26.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Sweden WERE (2021 - 2022):
Russia-$14.6M (-75.9%)
Denmark-$10M (-35.4%)
South Korea-$7.75M (-53%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Other Engines were:
China $4.52B
United States $3.4B
Germany $3.05B
In 2022, Sweden's main importing competitors in Other Engines were:
United States $4.79B
Germany $2.57B
China $1.45B

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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.

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