2022
Exports
$41.1MWorld Rnk 27 / 202
Flag Rnk 403 / 1212
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$65.5MWorld Rnk 29 / 224
Flag Rnk 413 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $41.1M in Rubber Belting, making it the 27th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 403rd most exported product in Sweden. The main destination of Rubber Belting exports from Sweden are: Germany ($8.14M), Norway ($6.75M), Finland ($3.32M), China ($3M), and United Kingdom ($2.04M).

The fastest growing export markets for Rubber Belting of Sweden between 2021 and 2022 were Germany ($1.74M), Finland ($1.21M), and China ($1M).

Imports In 2022, Sweden imported $65.5M in Rubber Belting, becoming the 29th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 413th most imported product in Sweden. Sweden imports Rubber Belting primarily from: Germany ($27.7M), Poland ($8.38M), Hungary ($4.93M), Italy ($3.3M), and Netherlands ($3.21M).

The fastest growing import markets in Rubber Belting for Sweden between 2021 and 2022 were Poland ($5.97M), India ($493k), and Greece ($187k).

COMPANIES In 2023, leading companies such as IKEA Group (2) were at the forefront of shipping Rubber Belting from Sweden to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-1.88M(-3.6%)
IMPORT GROWTH (August 2023 - August 2024)SEK7.96M(19.8%)
MAIN EXPORTER (August 2024)undefined56.7M
MAIN DESTINATION (August 2024)GermanySEK12.8M

This section shows Rubber Belting'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 Rubber Belting over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.1M
IMPORTS (2022)$65.5M
NET TRADE (2022)-$24.4M

In 2022, Sweden exported $41.1M in Rubber Belting. The main destinations of Sweden exports on Rubber Belting were Germany ($8.14M), Norway ($6.75M), Finland ($3.32M), China ($3M), and United Kingdom ($2.04M).

In 2022, Sweden imported $65.5M in Rubber Belting, mainly from Germany ($27.7M), Poland ($8.38M), Hungary ($4.93M), Italy ($3.3M), and Netherlands ($3.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$1.74M (27.2%)
Finland$1.21M (57.3%)
China$1M (50.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Sweden WERE (2021 - 2022):
Russia-$1.09M (-74.9%)
Ireland-$563k (-84.3%)
United Kingdom-$299k (-12.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Rubber Belting were:
In 2022, Sweden's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.42M
TOP IMPORT POTENTIALChina+ $1.49M

Rubber Belting’s highest export potential is United States. With an export gap of $1.42M.   Rubber Belting’s highest import potential is China with an import gap of $1.49M.

See methodology.

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