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2023
Exports $21.1MWorld Rnk 26 / 200
Flag Rnk 498 / 1210
2023
Destination $715k Norway
2022 - 2023
FASTEST GROWING MARKET $715kDenmark
2023
PRODUCT COMPLEXITY IN Scales0.99Rnk 177 / 1025
2023
Imports $30.3MWorld Rnk 33 / 220
Flag Rnk 561 / 1213
2023
Origin $1.06M Denmark
2022 - 2023
FASTEST GROWING ORIGIN $1.06MDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $21.1M in Scales, making it the 26th largest exporter of Scales in the world. At the same year, Scales was the 498th most exported product in Sweden. The main destination of Scales exports from Sweden are: Norway ($2.92M), Denmark ($2.65M), Brazil ($1.75M), United States ($1.73M), and France ($1.27M).

The fastest growing export markets for Scales of Sweden between 2022 and 2023 were Denmark ($715k), France ($671k), and Brazil ($667k).

Imports In 2023, Sweden imported $30.3M in Scales, becoming the 33rd largest importer of Scales in the world. At the same year, Scales was the 561st most imported product in Sweden. Sweden imports Scales primarily from: Denmark ($4.82M), Germany ($4.24M), China ($4.15M), Mexico ($3.77M), and France ($3.73M).

The fastest growing import markets in Scales for Sweden between 2022 and 2023 were Denmark ($1.06M), Mexico ($805k), and Switzerland ($743k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Scales exports accounted up to SEK21.4M and imports accounted up to SEK30.2M, resulting in a negative trade balance of SEK8.73M. Between November 2023 and November 2024 the exports of Sweden's   Scales have decreased by SEK-44k (-0.2%) from SEK21.5M to SEK21.4M, while imports increased by SEK10.8M (55.9%) from SEK19.4M to SEK30.2M.

Destinations In November 2024, Scales were exported mostly to Norway (SEK6.12M), Denmark (SEK2.13M), Finland (SEK2.11M), China (SEK1.72M), and United States (SEK1.29M), and were imported mostly from Denmark (SEK6.61M), France (SEK6.25M), United States (SEK3.52M), Netherlands (SEK3.5M), and China (SEK3.38M).

Growth In November 2024, the decrease in Scales's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-275k or -45.7%), Turkey (SEK-234k or -90.3%), and Netherlands (SEK-217k or -42.8%). In November 2024, the increase in Scales's year-by-year imports was explained primarily by an increase in imports from United States (SEK4.4M or 111%), France (SEK3.74M or 218%), and Germany (SEK695k or 19.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-44k(-0.2%)
IMPORT GROWTH (November 2023 - November 2024)SEK10.8M(55.9%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NorwaySEK6.12M

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$21.1M
IMPORTS (2023)$30.3M
NET TRADE (2023)-$9.2M

In 2023, Sweden exported $21.1M in Scales. The main destinations of Sweden exports on Scales were Norway ($2.92M), Denmark ($2.65M), Brazil ($1.75M), United States ($1.73M), and France ($1.27M).

In 2023, Sweden imported $30.3M in Scales, mainly from Denmark ($4.82M), Germany ($4.24M), China ($4.15M), Mexico ($3.77M), and France ($3.73M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$715k (36.9%)
France$671k (112%)
Brazil$667k (61.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Sweden WERE (2022 - 2023):
China-$531k (-44.3%)
United Kingdom-$191k (-18.4%)
Netherlands-$175k (-18.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Scales were:
China $1.76B
Germany $654M
Japan $285M
In 2023, Sweden's main importing competitors in Scales were:
United States $848M
Germany $256M
Netherlands $203M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.35M
TOP IMPORT POTENTIALChina+ $2.83M

Scales’s highest export potential is United States. With an export gap of $1.35M.   Scales’s highest import potential is China with an import gap of $2.83M.

See methodology.

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