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2022
Exports $563MWorld Rnk 23 / 219
Flag Rnk 67 / 1212
2022
Destination $6.58M United States
2021 - 2022
FASTEST GROWING MARKET $6.58MUnited States
2022
PRODUCT COMPLEXITY IN Transmissions1.46Rnk 62 / 1025
2022
Imports $931MWorld Rnk 21 / 225
Flag Rnk 34 / 1213
2022
Origin $28.3MN/A
2021 - 2022
FASTEST GROWING ORIGIN $28.3MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $563M in Transmissions, making it the 23rd largest exporter of Transmissions in the world. At the same year, Transmissions was the 67th most exported product in Sweden. The main destination of Transmissions exports from Sweden are: United States ($50.7M), France ($46.3M), Belgium ($40M), Germany ($39.9M), and Brazil ($39.6M).

The fastest growing export markets for Transmissions of Sweden between 2021 and 2022 were United States ($6.58M), Italy ($4.46M), and Chile ($4.11M).

Imports In 2022, Sweden imported $931M in Transmissions, becoming the 21st largest importer of Transmissions in the world. At the same year, Transmissions was the 34th most imported product in Sweden. Sweden imports Transmissions primarily from: N/A.

The fastest growing import markets in Transmissions for Sweden between 2021 and 2022 were China ($28.3M), Spain ($4.87M), and Brazil ($3.68M).

COMPANIES In 2023, leading companies such as Volvo (7) and ABB Motors and Mechanical (2) were at the forefront of shipping Transmissions from Sweden to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Transmissions exports accounted up to SEK500M and imports accounted up to SEK639M, resulting in a negative trade balance of SEK139M. Between July 2023 and July 2024 the exports of Sweden's   Transmissions have increased by SEK57.2M (12.9%) from SEK443M to SEK500M, while imports decreased by SEK-14.8M (-2.26%) from SEK654M to SEK639M.

Destinations In July 2024, Transmissions were exported mostly to United States (SEK54.9M), Belgium (SEK52.3M), Brazil (SEK38.4M), Germany (SEK37.9M), and China (SEK23.8M), and were imported mostly from Germany (SEK208M), Italy (SEK64.4M), China (SEK41.1M), Japan (SEK29M), and Spain (SEK27.8M).

Growth In July 2024, the increase in Transmissions's year-by-year exports was explained primarily by an increase in exports to Italy (SEK22.8M or 145%), United States (SEK19.6M or 58.4%), and Germany (SEK14.5M or 50.7%). In July 2024, the decrease in Transmissions's year-by-year imports was explained primarily by a decrease in imports from Hungary (SEK-11.4M or -48.7%), Austria (SEK-10.9M or -78.1%), and China (SEK-8.75M or -18.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK57.2M(12.9%)
IMPORT GROWTH (July 2023 - July 2024)SEK-14.8M(-2.26%)
MAIN EXPORTER (July 2024)undefined567M
MAIN DESTINATION (July 2024)United StatesSEK54.9M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$563M
IMPORTS (2022)$931M
NET TRADE (2022)-$368M

In 2022, Sweden exported $563M in Transmissions. The main destinations of Sweden exports on Transmissions were United States ($50.7M), France ($46.3M), Belgium ($40M), Germany ($39.9M), and Brazil ($39.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$6.58M (14.9%)
Italy$4.46M (14.6%)
Chile$4.11M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Sweden WERE (2021 - 2022):
Russia-$20.5M (-74.5%)
China-$6.72M (-18.4%)
France-$6.25M (-11.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Transmissions were:
Germany $12.6B
China $11.7B
United States $7.44B
In 2022, Sweden's main importing competitors in Transmissions were:
United States $10.7B
Germany $6.19B
China $5.42B

Explore Visualizations

Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $46.8M
TOP IMPORT POTENTIALChina+ $43.2M

Transmissions’s highest export potential is United States. With an export gap of $46.8M.   Transmissions’s highest import potential is China with an import gap of $43.2M.

See methodology.

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