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2023
Exports $403MWorld Rnk 5 / 144
Flag Rnk 94 / 1210
2023
Destination $20.4M Netherlands
2022 - 2023
FASTEST GROWING MARKET $20.4MNetherlands
2023
PRODUCT COMPLEXITY IN Tool Plates1.73Rnk 20 / 1025
2023
Imports $62.6MWorld Rnk 24 / 191
Flag Rnk 397 / 1213
2023
Origin $4.3M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $4.3MNetherlands
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $403M in Tool Plates, making it the 5th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 94th most exported product in Sweden. The main destination of Tool Plates exports from Sweden are: Netherlands ($73.2M), Germany ($68M), India ($29.7M), Singapore ($27.1M), and United States ($26.8M).

The fastest growing export markets for Tool Plates of Sweden between 2022 and 2023 were Netherlands ($20.4M), Italy ($10.2M), and United Kingdom ($2.22M).

Imports In 2023, Sweden imported $62.6M in Tool Plates, becoming the 24th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 397th most imported product in Sweden. Sweden imports Tool Plates primarily from: Netherlands ($21.7M), Germany ($13.3M), Belgium ($11.2M), Ireland ($5.57M), and China ($2.32M).

The fastest growing import markets in Tool Plates for Sweden between 2022 and 2023 were Netherlands ($4.3M), Italy ($649k), and Israel ($640k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Tool Plates exports accounted up to SEK302M and imports accounted up to SEK55.2M, resulting in a positive trade balance of SEK247M. Between October 2023 and October 2024 the exports of Sweden's   Tool Plates have decreased by SEK-80.5M (-21.1%) from SEK382M to SEK302M, while imports decreased by SEK-3.02M (-5.2%) from SEK58.2M to SEK55.2M.

Destinations In October 2024, Tool Plates were exported mostly to Netherlands (SEK219M), India (SEK32.6M), United States (SEK26M), China (SEK12.9M), and Singapore (SEK4.99M), and were imported mostly from Netherlands (SEK22.6M), Germany (SEK11.2M), Belgium (SEK11.1M), Ireland (SEK2.48M), and China (SEK1.98M).

Growth In October 2024, the decrease in Tool Plates's year-by-year exports was explained primarily by a decrease in exports to Belgium (SEK-44.4M or -100%), United States (SEK-8.9M or -30.4%), and South Africa (SEK-2.77M or -99.7%). In October 2024, the decrease in Tool Plates's year-by-year imports was explained primarily by a decrease in imports from Belgium (SEK-12.6M or -55.8%), United States (SEK-279k or -87.7%), and Luxembourg (SEK-140k or -30.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-80.5M(-21.1%)
IMPORT GROWTH (October 2023 - October 2024)SEK-3.02M(-5.2%)
MAIN EXPORTER (October 2024)undefined377M
MAIN DESTINATION (October 2024)NetherlandsSEK219M

This section shows Tool Plates'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 Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$403M
IMPORTS (2023)$62.6M
NET TRADE (2023)$341M

In 2023, Sweden exported $403M in Tool Plates. The main destinations of Sweden exports on Tool Plates were Netherlands ($73.2M), Germany ($68M), India ($29.7M), Singapore ($27.1M), and United States ($26.8M).

In 2023, Sweden imported $62.6M in Tool Plates, mainly from Netherlands ($21.7M), Germany ($13.3M), Belgium ($11.2M), Ireland ($5.57M), and China ($2.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Netherlands$20.4M (38.6%)
Italy$10.2M (3.94k%)
United Kingdom$2.22M (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Sweden WERE (2022 - 2023):
South Korea-$13.7M (-96.6%)
United States-$6.33M (-19.1%)
Germany-$6.19M (-8.34%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Tool Plates were:
Germany $1.01B
Japan $874M
China $695M
In 2023, Sweden's main importing competitors in Tool Plates were:
United States $972M
Germany $778M
Netherlands $355M

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.07M
TOP IMPORT POTENTIALChina+ $1.62M

Tool Plates’s highest export potential is China. With an export gap of $5.07M.   Tool Plates’s highest import potential is China with an import gap of $1.62M.

See methodology.

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