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2022
Exports $41.9MWorld Rnk 16 / 138
Flag Rnk 397 / 1212
2022
Destination $5.89M Indonesia
2021 - 2022
FASTEST GROWING MARKET $5.89MTanzania
2022
PRODUCT COMPLEXITY IN Traffic Signals1.02Rnk 165 / 1025
2022
Imports $38.7MWorld Rnk 23 / 210
Flag Rnk 525 / 1213
2022
Origin $2.75M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.75MItaly
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $41.9M in Traffic Signals, making it the 16th largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 397th most exported product in Sweden. The main destination of Traffic Signals exports from Sweden are: Indonesia ($6.14M), Tanzania ($5.89M), Kazakhstan ($4.16M), Finland ($2.55M), and Australia ($2.01M).

The fastest growing export markets for Traffic Signals of Sweden between 2021 and 2022 were Tanzania ($5.89M), Kazakhstan ($4.12M), and Indonesia ($2.99M).

Imports In 2022, Sweden imported $38.7M in Traffic Signals, becoming the 23rd largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 525th most imported product in Sweden. Sweden imports Traffic Signals primarily from: Germany ($5.89M), Austria ($5.56M), Italy ($4.24M), Estonia ($4.14M), and Denmark ($3.37M).

The fastest growing import markets in Traffic Signals for Sweden between 2021 and 2022 were Italy ($2.75M), Germany ($2.65M), and Finland ($1.45M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Traffic Signals exports accounted up to SEK57.7M and imports accounted up to SEK25.2M, resulting in a positive trade balance of SEK32.5M. Between August 2023 and August 2024 the exports of Sweden's   Traffic Signals have decreased by SEK-31.8M (-35.6%) from SEK89.5M to SEK57.7M, while imports increased by SEK11.4M (82%) from SEK13.8M to SEK25.2M.

Destinations In August 2024, Traffic Signals were exported mostly to United States (SEK20.5M), Turkey (SEK6.98M), Germany (SEK6.1M), Indonesia (SEK3.67M), and Norway (SEK3.03M), and were imported mostly from Norway (SEK7.43M), Estonia (SEK5.62M), Belgium (SEK4.89M), United Kingdom (SEK2.23M), and Germany (SEK828k).

Growth In August 2024, the decrease in Traffic Signals's year-by-year exports was explained primarily by a decrease in exports to Spain (SEK-1.94M or -94.8%), Finland (SEK-1.5M or -87.9%), and United Arab Emirates (SEK-1.23M or -91.3%). In August 2024, the increase in Traffic Signals's year-by-year imports was explained primarily by an increase in imports from Estonia (SEK2.02M or 69.1%), Germany (SEK2.01M or 2.78k%), and Norway (SEK848k or 4.99k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-31.8M(-35.6%)
IMPORT GROWTH (August 2023 - August 2024)SEK11.4M(82%)
MAIN EXPORTER (August 2024)undefined71.7M
MAIN DESTINATION (August 2024)United StatesSEK20.5M

This section shows Traffic Signals'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 Traffic Signals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.9M
IMPORTS (2022)$38.7M
NET TRADE (2022)$3.24M

In 2022, Sweden exported $41.9M in Traffic Signals. The main destinations of Sweden exports on Traffic Signals were Indonesia ($6.14M), Tanzania ($5.89M), Kazakhstan ($4.16M), Finland ($2.55M), and Australia ($2.01M).

In 2022, Sweden imported $38.7M in Traffic Signals, mainly from Germany ($5.89M), Austria ($5.56M), Italy ($4.24M), Estonia ($4.14M), and Denmark ($3.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Tanzania$5.89M (1%)
Kazakhstan$4.12M (9.98k%)
Indonesia$2.99M (95.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Sweden WERE (2021 - 2022):
Russia-$3.97M (-100%)
France-$2.27M (-64.3%)
Belgium-$1.86M (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Traffic Signals were:
China $393M
Germany $334M
United States $192M
In 2022, Sweden's main importing competitors in Traffic Signals were:
United States $311M
Germany $122M
United Kingdom $103M

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $997k
TOP IMPORT POTENTIALGermany+ $732k

Traffic Signals’s highest export potential is Germany. With an export gap of $997k.   Traffic Signals’s highest import potential is Germany with an import gap of $732k.

See methodology.

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