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2022
Exports $11.8MWorld Rnk 24 / 175
Flag Rnk 611 / 1212
2022
Destination $1.74M Denmark
2021 - 2022
FASTEST GROWING MARKET $1.74MDenmark
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $62.4MWorld Rnk 16 / 209
Flag Rnk 422 / 1213
2022
Origin $15.5M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $15.5MNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $11.8M in Sound Recording Equipment, making it the 24th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 611th most exported product in Sweden. The main destination of Sound Recording Equipment exports from Sweden are: Denmark ($4.71M), Norway ($2.76M), Finland ($1.62M), Germany ($726k), and United Kingdom ($499k).

The fastest growing export markets for Sound Recording Equipment of Sweden between 2021 and 2022 were Denmark ($1.74M), Finland ($636k), and Germany ($457k).

Imports In 2022, Sweden imported $62.4M in Sound Recording Equipment, becoming the 16th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 422nd most imported product in Sweden. Sweden imports Sound Recording Equipment primarily from: Netherlands ($32.2M), China ($11.7M), Denmark ($7.32M), Germany ($6.2M), and United Kingdom ($1.65M).

The fastest growing import markets in Sound Recording Equipment for Sweden between 2021 and 2022 were Netherlands ($15.5M), China ($3.01M), and Germany ($1.99M).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Sound Recording Equipment exports accounted up to SEK14.4M and imports accounted up to SEK22.7M, resulting in a negative trade balance of SEK8.32M. Between July 2023 and July 2024 the exports of Sweden's   Sound Recording Equipment have increased by SEK2.91M (25.4%) from SEK11.5M to SEK14.4M, while imports increased by SEK2.98M (15.1%) from SEK19.7M to SEK22.7M.

Destinations In July 2024, Sound Recording Equipment were exported mostly to Norway (SEK5.02M), Denmark (SEK3.4M), Finland (SEK2.74M), United Kingdom (SEK1.17M), and United States (SEK496k), and were imported mostly from Netherlands (SEK10.4M), Denmark (SEK2.56M), Germany (SEK2.04M), Vietnam (SEK1.93M), and China (SEK1.91M).

Growth In July 2024, the increase in Sound Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK957k or 32.2%), United States (SEK368k or 472%), and Czechia (SEK64k or 62.7%). In July 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from Netherlands (SEK1.58M or 46.9%), China (SEK1.08M or 22.2%), and United States (SEK184k or 107%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK2.91M(25.4%)
IMPORT GROWTH (July 2023 - July 2024)SEK2.98M(15.1%)
MAIN EXPORTER (July 2024)undefined27.6M
MAIN DESTINATION (July 2024)NorwaySEK5.02M

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.8M
IMPORTS (2022)$62.4M
NET TRADE (2022)-$50.6M

In 2022, Sweden exported $11.8M in Sound Recording Equipment. The main destinations of Sweden exports on Sound Recording Equipment were Denmark ($4.71M), Norway ($2.76M), Finland ($1.62M), Germany ($726k), and United Kingdom ($499k).

In 2022, Sweden imported $62.4M in Sound Recording Equipment, mainly from Netherlands ($32.2M), China ($11.7M), Denmark ($7.32M), Germany ($6.2M), and United Kingdom ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$1.74M (58.7%)
Finland$636k (64.8%)
Germany$457k (169%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Sweden WERE (2021 - 2022):
Norway-$580k (-17.4%)
Canada-$48k (-84.6%)
Italy-$46.2k (-71.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Sound Recording Equipment were:
China $2.17B
Netherlands $332M
Vietnam $211M
In 2022, Sweden's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $466k
TOP IMPORT POTENTIALChina+ $3.54M

Sound Recording Equipment’s highest export potential is Germany. With an export gap of $466k.   Sound Recording Equipment’s highest import potential is China with an import gap of $3.54M.

See methodology.

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