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2023
Exports $224MWorld Rnk 22 / 213
Flag Rnk 148 / 1210
2023
Destination $6.82M Denmark
2022 - 2023
FASTEST GROWING MARKET $6.82MGermany
2023
PRODUCT COMPLEXITY IN Telephones0.76Rnk 264 / 1025
2023
Imports $345MWorld Rnk 29 / 222
Flag Rnk 112 / 1213
2023
Origin $86.9M China
2022 - 2023
FASTEST GROWING ORIGIN $86.9MChina
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $224M in Telephones, making it the 22nd largest exporter of Telephones in the world. At the same year, Telephones was the 148th most exported product in Sweden. The main destination of Telephones exports from Sweden are: Denmark ($16.8M), Germany ($15.1M), United Kingdom ($14.8M), Netherlands ($14.1M), and China ($10.3M).

The fastest growing export markets for Telephones of Sweden between 2022 and 2023 were Germany ($6.82M), Kazakhstan ($5.63M), and Turkey ($4.98M).

Imports In 2023, Sweden imported $345M in Telephones, becoming the 29th largest importer of Telephones in the world. At the same year, Telephones was the 112th most imported product in Sweden. Sweden imports Telephones primarily from: China ($163M), Netherlands ($32M), Hungary ($25.6M), Poland ($20M), and Germany ($19.2M).

The fastest growing import markets in Telephones for Sweden between 2022 and 2023 were China ($86.9M), Thailand ($9.97M), and United States ($3.76M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Telephones exports accounted up to SEK1.85B and imports accounted up to SEK2.72B, resulting in a negative trade balance of SEK870M. Between October 2023 and October 2024 the exports of Sweden's   Telephones have decreased by SEK-464M (-20.1%) from SEK2.31B to SEK1.85B, while imports decreased by SEK-1.09B (-28.6%) from SEK3.81B to SEK2.72B.

Destinations In October 2024, Telephones were exported mostly to United Kingdom (SEK207M), Norway (SEK202M), Spain (SEK151M), Germany (SEK143M), and Denmark (SEK127M), and were imported mostly from Netherlands (SEK814M), Poland (SEK592M), China (SEK176M), Ireland (SEK140M), and United Kingdom (SEK130M).

Growth In October 2024, the decrease in Telephones's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-53.3M or -29.9%), Nigeria (SEK-24.1M or -99.5%), and Japan (SEK-23.1M or -49.3%). In October 2024, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from China (SEK-419M or -65.1%), Netherlands (SEK-136M or -17.7%), and Hungary (SEK-65.8M or -77.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-464M(-20.1%)
IMPORT GROWTH (October 2023 - October 2024)SEK-1.09B(-28.6%)
MAIN EXPORTER (October 2024)undefined2.07B
MAIN DESTINATION (October 2024)United KingdomSEK207M

This section shows Telephones'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 Telephones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$224M
IMPORTS (2023)$345M
NET TRADE (2023)-$121M

In 2023, Sweden exported $224M in Telephones. The main destinations of Sweden exports on Telephones were Denmark ($16.8M), Germany ($15.1M), United Kingdom ($14.8M), Netherlands ($14.1M), and China ($10.3M).

In 2023, Sweden imported $345M in Telephones, mainly from China ($163M), Netherlands ($32M), Hungary ($25.6M), Poland ($20M), and Germany ($19.2M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$6.82M (82%)
Kazakhstan$5.63M (436%)
Turkey$4.98M (736%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Sweden WERE (2022 - 2023):
Denmark-$12.8M (-43.2%)
Algeria-$6.76M (-72.6%)
Rwanda-$6.17M (-98.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Telephones were:
China $38.2B
Vietnam $5.61B
South Korea $3.24B
In 2023, Sweden's main importing competitors in Telephones were:
India $10.3B
Hong Kong $9.11B
Vietnam $6.47B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $190M
TOP IMPORT POTENTIALChina+ $567M

Telephones’s highest export potential is United States. With an export gap of $190M.   Telephones’s highest import potential is China with an import gap of $567M.

See methodology.

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