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2022
Exports $2.97MWorld Rnk 18 / 113
Flag Rnk 840 / 1212
2022
Destination $129k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $129kAustralia
2022
PRODUCT COMPLEXITY IN Watch Cases and Parts0.59Rnk 324 / 1025
2022
Imports $2.14MWorld Rnk 25 / 171
Flag Rnk 998 / 1213
2022
Origin $192k China
2021 - 2022
FASTEST GROWING ORIGIN $192kChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $2.97M in Watch Cases and Parts, making it the 18th largest exporter of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 840th most exported product in Sweden. The main destination of Watch Cases and Parts exports from Sweden are: United Arab Emirates ($260k), United Kingdom ($199k), Australia ($174k), Hong Kong ($164k), and Saudi Arabia ($152k).

The fastest growing export markets for Watch Cases and Parts of Sweden between 2021 and 2022 were Australia ($129k), Italy ($77.8k), and Denmark ($57.8k).

Imports In 2022, Sweden imported $2.14M in Watch Cases and Parts, becoming the 25th largest importer of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 998th most imported product in Sweden. Sweden imports Watch Cases and Parts primarily from: China ($627k), Switzerland ($610k), Germany ($561k), United States ($68.4k), and United Kingdom ($37.2k).

The fastest growing import markets in Watch Cases and Parts for Sweden between 2021 and 2022 were China ($192k), Germany ($145k), and United States ($40.5k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Watch Cases and Parts exports accounted up to SEK1.2M and imports accounted up to SEK983k, resulting in a positive trade balance of SEK220k. Between May 2023 and May 2024 the exports of Sweden's   Watch Cases and Parts have decreased by SEK-2.98M (-71.3%) from SEK4.19M to SEK1.2M, while imports increased by SEK74k (8.14%) from SEK909k to SEK983k.

Destinations In May 2024, Watch Cases and Parts were exported mostly to United States (SEK439k), Switzerland (SEK210k), Thailand (SEK66k), United Arab Emirates (SEK62k), and Hong Kong (SEK55k), and were imported mostly from Switzerland (SEK540k), Hong Kong (SEK178k), China (SEK111k), United Arab Emirates (SEK51k), and Germany (SEK30k).

Growth In May 2024, the decrease in Watch Cases and Parts's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-154k or -16%), Chinese Taipei (SEK-126k or -41.4%), and Singapore (SEK-103k or -47%). In May 2024, the increase in Watch Cases and Parts's year-by-year imports was explained primarily by an increase in imports from China (SEK163k or 92.1%), United States (SEK100k or 78.7%), and Germany (SEK82k or 65.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-2.98M(-71.3%)
IMPORT GROWTH (May 2023 - May 2024)SEK74k(8.14%)
MAIN EXPORTER (May 2024)undefined1.55M
MAIN DESTINATION (May 2024)United StatesSEK439k

This section shows Watch Cases and 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 Watch Cases and Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.97M
IMPORTS (2022)$2.14M
NET TRADE (2022)$827k

In 2022, Sweden exported $2.97M in Watch Cases and Parts. The main destinations of Sweden exports on Watch Cases and Parts were United Arab Emirates ($260k), United Kingdom ($199k), Australia ($174k), Hong Kong ($164k), and Saudi Arabia ($152k).

In 2022, Sweden imported $2.14M in Watch Cases and Parts, mainly from China ($627k), Switzerland ($610k), Germany ($561k), United States ($68.4k), and United Kingdom ($37.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Cases and Parts EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Australia$129k (288%)
Italy$77.8k (353%)
Denmark$57.8k (14.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Cases and Parts BY Sweden WERE (2021 - 2022):
United States-$476k (-84.8%)
Chinese Taipei-$106k (-51.2%)
Japan-$80.3k (-43%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Watch Cases and Parts were:
China $709M
Switzerland $150M
Hong Kong $118M
In 2022, Sweden's main importing competitors in Watch Cases and Parts were:
Switzerland $390M
Hong Kong $278M
China $88.1M

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Trade Value of Watch Cases and Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $81.2k
TOP IMPORT POTENTIALChina+ $342k

Watch Cases and Parts’s highest export potential is Switzerland. With an export gap of $81.2k.   Watch Cases and Parts’s highest import potential is China with an import gap of $342k.

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