Rubberworking Machinery in Sweden 2021 Exports | Imports : $77.5M | $128M, World Rnk 30 / 181 Rnk 297 / 1209 | World Rnk 46 / 213 Rnk 268 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $3.26M | $4.8M, United States | Austria
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Rubberworking Machinery: 1.51, Rnk 48 / 1029
Exports In 2021, Sweden exported $77.5M in Rubberworking Machinery, making it the 30th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 297th most exported product in Sweden. The main destination of Rubberworking Machinery exports from Sweden are: United States ($11.9M), Germany ($8.69M), Denmark ($7.6M), Italy ($5.64M), and Norway ($4.44M).
The fastest growing export markets for Rubberworking Machinery of Sweden between 2020 and 2021 were United States ($3.26M), Italy ($2.75M), and Denmark ($2.73M).
Imports In 2021, Sweden imported $128M in Rubberworking Machinery, becoming the 46th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 268th most imported product in Sweden. Sweden imports Rubberworking Machinery primarily from: Germany ($37.1M), Austria ($16.3M), Italy ($16.1M), China ($14.6M), and Netherlands ($8.29M).
The fastest growing import markets in Rubberworking Machinery for Sweden between 2020 and 2021 were Austria ($4.8M), Netherlands ($2.61M), and Germany ($2.56M).
Tariffs In 1989, the average tariff for Sweden in Rubberworking Machinery was 3.8%. The countries with the highest import tariffs for Rubberworking Machinery were Angola (Most Favoured Nation duty rate treatment, 3.8%), Burundi (Most Favoured Nation duty rate treatment, 3.8%), Benin (Most Favoured Nation duty rate treatment, 3.8%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.8%), and Botswana (Most Favoured Nation duty rate treatment, 3.8%).
February 2023
Overview In February 2023 Sweden's Rubberworking Machinery exports accounted up to SEK81.5M and imports accounted up to SEK27.8M, resulting in a positive trade balance of SEK53.6M. Between February 2022 and February 2023 the exports of Sweden's Rubberworking Machinery have increased by SEK22.3M (37.6%) from SEK59.2M to SEK81.5M, while imports decreased by SEK-33.1M (-54.3%) from SEK60.9M to SEK27.8M.
Destinations In February 2023, Rubberworking Machinery were exported mostly to United States (SEK14.2M), Denmark (SEK13.2M), Germany (SEK7.28M), Netherlands (SEK5.76M), and United Kingdom (SEK4.48M), and were imported mostly from Austria (SEK11.7M), Germany (SEK3.51M), Italy (SEK2.57M), France (SEK2.11M), and Denmark (SEK1.69M).
Growth In February 2023, the increase in Rubberworking Machinery's year-by-year exports was explained primarily by an increase in exports to United States (SEK5.14M or 143%), France (SEK2.4M or 324%), and Ireland (SEK2.28M or 8.15k%). In February 2023, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Luxembourg (SEK-2.67M or -99.1%), Netherlands (SEK-2.33M or -76.6%), and United States (SEK-1.11M or -62.6%).
EXPORT GROWTH (February 2022 - February 2023): SEK22.3M, (37.6%)
IMPORT GROWTH (February 2022 - February 2023): SEK-33.1M, (-54.3%)
MAIN DESTINATION (February 2023): United States, SEK14.2M
This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.
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EXPORTS (2021): $77.5M
IMPORTS (2021): $128M
NET TRADE (2021): -$50.7M
In 2021, Sweden exported $77.5M in Rubberworking Machinery. The main destinations of Sweden exports on Rubberworking Machinery were United States ($11.9M), Germany ($8.69M), Denmark ($7.6M), Italy ($5.64M), and Norway ($4.44M).
In 2021, Sweden imported $128M in Rubberworking Machinery, mainly from Germany ($37.1M), Austria ($16.3M), Italy ($16.1M), China ($14.6M), and Netherlands ($8.29M).
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Rubberworking Machinery were:
In 2021, Sweden's main importing competitors in Rubberworking Machinery were:
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