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2023
Exports $20.2MWorld Rnk 19 / 135
Flag Rnk 505 / 1210
2023
Destination $1.69M United States
2022 - 2023
FASTEST GROWING MARKET $1.69MNorway
2023
PRODUCT COMPLEXITY IN Work Trucks0.67Rnk 298 / 1025
2023
Imports $20.1MWorld Rnk 26 / 211
Flag Rnk 640 / 1213
2023
Origin $2.12M Germany
2022 - 2023
FASTEST GROWING ORIGIN $2.12MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $20.2M in Work Trucks, making it the 19th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 505th most exported product in Sweden. The main destination of Work Trucks exports from Sweden are: United States ($4.86M), Netherlands ($3.8M), Norway ($2.61M), Ireland ($1.07M), and Denmark ($1.05M).

The fastest growing export markets for Work Trucks of Sweden between 2022 and 2023 were Norway ($1.69M), Netherlands ($1.31M), and Ireland ($864k).

Imports In 2023, Sweden imported $20.1M in Work Trucks, becoming the 26th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 640th most imported product in Sweden. Sweden imports Work Trucks primarily from: Germany ($4.8M), Netherlands ($2.33M), Slovakia ($2.3M), China ($1.9M), and Finland ($1.89M).

The fastest growing import markets in Work Trucks for Sweden between 2022 and 2023 were Germany ($2.12M), Finland ($1.4M), and Norway ($780k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Work Trucks exports accounted up to SEK35.3M and imports accounted up to SEK13.8M, resulting in a positive trade balance of SEK21.5M. Between October 2023 and October 2024 the exports of Sweden's   Work Trucks have increased by SEK13.2M (59.4%) from SEK22.1M to SEK35.3M, while imports decreased by SEK-14.2M (-50.7%) from SEK28M to SEK13.8M.

Destinations In October 2024, Work Trucks were exported mostly to United States (SEK22.8M), Denmark (SEK3.95M), Norway (SEK2.6M), Poland (SEK1.64M), and United Kingdom (SEK1.13M), and were imported mostly from Netherlands (SEK5.14M), Slovakia (SEK2.41M), China (SEK2.03M), Germany (SEK1.57M), and Macau (SEK568k).

Growth In October 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to Poland (SEK2.02M or 377%), Norway (SEK441k or 193%), and Germany (SEK372k or 213%). In October 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from Finland (SEK-3.99M or -94.7%), Slovakia (SEK-2.72M or -98.4%), and Chinese Taipei (SEK-935k or -98.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK13.2M(59.4%)
IMPORT GROWTH (October 2023 - October 2024)SEK-14.2M(-50.7%)
MAIN EXPORTER (October 2024)undefined71.3M
MAIN DESTINATION (October 2024)United StatesSEK22.8M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$20.2M
IMPORTS (2023)$20.1M
NET TRADE (2023)$131k

In 2023, Sweden exported $20.2M in Work Trucks. The main destinations of Sweden exports on Work Trucks were United States ($4.86M), Netherlands ($3.8M), Norway ($2.61M), Ireland ($1.07M), and Denmark ($1.05M).

In 2023, Sweden imported $20.1M in Work Trucks, mainly from Germany ($4.8M), Netherlands ($2.33M), Slovakia ($2.3M), China ($1.9M), and Finland ($1.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$1.69M (182%)
Netherlands$1.31M (52.7%)
Ireland$864k (417%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY Sweden WERE (2022 - 2023):
Qatar-$3.02M (-99.3%)
China-$1.74M (-96.2%)
Bangladesh-$384k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Work Trucks were:
Germany $300M
United States $292M
China $253M
In 2023, Sweden's main importing competitors in Work Trucks were:
United States $387M
United Kingdom $171M
Australia $128M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $916k
TOP IMPORT POTENTIALGermany+ $579k

Work Trucks’s highest export potential is United States. With an export gap of $916k.   Work Trucks’s highest import potential is Germany with an import gap of $579k.

See methodology.

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