Vehicle Parts in Sweden 2019 Exports | Imports : $5.22B | $5.77B, World Rnk 18 / 225 Rnk 4 / 1212 | World Rnk 20 / 225 Rnk 4 / 1210
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $28.1M | $18.9M, Netherlands | Argentina
2019 ECONOMIC COMPLEXITY of Sweden: 1.65, Rnk 8 / 147
2019 PRODUCT COMPLEXITY IN Vehicle Parts: 1.1, Rnk 141 / 1029
Exports In 2019, Sweden exported $5.22B in Vehicle Parts, making it the 18th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 4th most exported product in Sweden. The main destination of Vehicle Parts exports from Sweden are: Belgium ($1.12B), Netherlands ($757M), France ($551M), Germany ($545M), and United States ($246M).
The fastest growing export markets for Vehicle Parts of Sweden between 2018 and 2019 were Netherlands ($28.1M), United States ($25.2M), and Poland ($18M).
Imports In 2019, Sweden imported $5.77B in Vehicle Parts, becoming the 20th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 4th most imported product in Sweden. Sweden imports Vehicle Parts primarily from: Germany ($1.47B), Poland ($513M), Netherlands ($475M), Czechia ($419M), and Italy ($382M).
The fastest growing import markets in Vehicle Parts for Sweden between 2018 and 2019 were Argentina ($18.9M), Luxembourg ($12.2M), and United States ($7.75M).
Tariffs In 1989, the average tariff for Sweden in Vehicle Parts was 5.77%. The countries with the highest import tariffs for Vehicle Parts were Angola (Most Favoured Nation duty rate treatement, 5.77%), Burundi (Most Favoured Nation duty rate treatement, 5.77%), Benin (Most Favoured Nation duty rate treatement, 5.77%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.77%), and Botswana (Most Favoured Nation duty rate treatement, 5.77%).
June 2021
Overview In June 2021 Sweden's Vehicle Parts exports accounted up to SEK3.87B and imports accounted up to SEK4.85B, resulting in a negative trade balance of SEK974M. Between June 2020 and June 2021 the exports of Sweden's Vehicle Parts have increased by SEK444M (13%) from SEK3.43B to SEK3.87B, while imports increased by SEK1.03B (27.1%) from SEK3.81B to SEK4.85B.
Destinations In June 2021, Vehicle Parts were exported mostly to Belgium (SEK749M), Netherlands (SEK617M), France (SEK462M), Norway (SEK226M), and Germany (SEK224M), and were imported mostly from Germany (SEK1.2B), Netherlands (SEK587M), Poland (SEK528M), Czechia (SEK422M), and France (SEK288M).
Growth In June 2021, the increase in Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to Brazil (SEK128M or 486%), United States (SEK103M or 96%), and France (SEK91.7M or 24.8%). In June 2021, the increase in Vehicle Parts's year-by-year imports was explained primarily by an increase in imports from Germany (SEK172M or 16.7%), Poland (SEK162M or 44.2%), and Netherlands (SEK133M or 29.3%).
EXPORT GROWTH (June 2020 - June 2021): SEK444M, (13%)
IMPORT GROWTH (June 2020 - June 2021): SEK1.03B, (27.1%)
MAIN DESTINATION (June 2021): Belgium, SEK749M
This section shows Vehicle Parts'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 Vehicle Parts over time.
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EXPORTS (2019): $5.22B
IMPORTS (2019): $5.77B
NET TRADE (2019): -$551M
In 2019, Sweden exported $5.22B in Vehicle Parts. The main destinations of Sweden exports on Vehicle Parts were Belgium ($1.12B), Netherlands ($757M), France ($551M), Germany ($545M), and United States ($246M).
In 2019, Sweden imported $5.77B in Vehicle Parts, mainly from Germany ($1.47B), Poland ($513M), Netherlands ($475M), Czechia ($419M), and Italy ($382M).
IN 2019, Sweden HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:
IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:
THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Sweden WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Sweden WERE (2018 - 2019):
In 2019, Sweden's main exporting competitors in Vehicle Parts were:
In 2019, Sweden's main importing competitors in Vehicle Parts were:
In 1989, the average tariff for Sweden in Vehicle Parts was 5.77%.
The countries with the highest tariffs for Vehicle Parts in Sweden were Angola (Most Favoured Nation duty rate treatement, 5.77%), Burundi (Most Favoured Nation duty rate treatement, 5.77%), Benin (Most Favoured Nation duty rate treatement, 5.77%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.77%), and Botswana (Most Favoured Nation duty rate treatement, 5.77%).