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2022
Exports $320MWorld Rnk 20 / 218
Flag Rnk 117 / 1212
2022
Destination $8.22M Finland
2021 - 2022
FASTEST GROWING MARKET $8.22MUnited States
2022
PRODUCT COMPLEXITY IN Sports Equipment0.52Rnk 358 / 1025
2022
Imports $623MWorld Rnk 15 / 225
Flag Rnk 57 / 1213
2022
Origin $8.63M China
2021 - 2022
FASTEST GROWING ORIGIN $8.63MFinland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $320M in Sports Equipment, making it the 20th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 117th most exported product in Sweden. The main destination of Sports Equipment exports from Sweden are: Finland ($66.3M), Norway ($62.6M), United States ($37.1M), Denmark ($22.1M), and Germany ($17M).

The fastest growing export markets for Sports Equipment of Sweden between 2021 and 2022 were United States ($8.22M), Czechia ($7.48M), and Norway ($5.57M).

Imports In 2022, Sweden imported $623M in Sports Equipment, becoming the 15th largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 57th most imported product in Sweden. Sweden imports Sports Equipment primarily from: China ($199M), Netherlands ($53.9M), Germany ($46.3M), Denmark ($45.7M), and Finland ($25.6M).

The fastest growing import markets in Sports Equipment for Sweden between 2021 and 2022 were Finland ($8.63M), Vietnam ($5.01M), and Austria ($3.93M).

COMPANIES In 2023, leading companies such as Volvo (32) were at the forefront of shipping Sports Equipment from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Sports Equipment exports accounted up to SEK280M and imports accounted up to SEK394M, resulting in a negative trade balance of SEK114M. Between May 2023 and May 2024 the exports of Sweden's   Sports Equipment have increased by SEK4.87M (1.77%) from SEK275M to SEK280M, while imports decreased by SEK-34.5M (-8.06%) from SEK428M to SEK394M.

Destinations In May 2024, Sports Equipment were exported mostly to Norway (SEK47.9M), Finland (SEK45.4M), United States (SEK36.9M), Denmark (SEK23.2M), and United Kingdom (SEK17.2M), and were imported mostly from China (SEK110M), Denmark (SEK35.3M), Germany (SEK28.8M), Netherlands (SEK26.9M), and Chinese Taipei (SEK22.1M).

Growth In May 2024, the increase in Sports Equipment's year-by-year exports was explained primarily by an increase in exports to Finland (SEK8.74M or 13.1%), Poland (SEK3.05M or 107%), and Japan (SEK2.02M or 577%). In May 2024, the decrease in Sports Equipment's year-by-year imports was explained primarily by a decrease in imports from China (SEK-83M or -45.2%), Denmark (SEK-19.4M or -51.4%), and Poland (SEK-12.9M or -53.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK4.87M(1.77%)
IMPORT GROWTH (May 2023 - May 2024)SEK-34.5M(-8.06%)
MAIN EXPORTER (May 2024)undefined280M
MAIN DESTINATION (May 2024)NorwaySEK47.9M

This section shows Sports Equipment'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 Sports Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$320M
IMPORTS (2022)$623M
NET TRADE (2022)-$303M

In 2022, Sweden exported $320M in Sports Equipment. The main destinations of Sweden exports on Sports Equipment were Finland ($66.3M), Norway ($62.6M), United States ($37.1M), Denmark ($22.1M), and Germany ($17M).

In 2022, Sweden imported $623M in Sports Equipment, mainly from China ($199M), Netherlands ($53.9M), Germany ($46.3M), Denmark ($45.7M), and Finland ($25.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$8.22M (28.4%)
Czechia$7.48M (206%)
Norway$5.57M (9.77%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Sweden WERE (2021 - 2022):
Denmark-$7.44M (-25.2%)
Russia-$7.07M (-89.3%)
Spain-$3.14M (-46.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Sports Equipment were:
China $19.4B
Chinese Taipei $2.49B
United States $2.17B
In 2022, Sweden's main importing competitors in Sports Equipment were:
United States $10.3B
Germany $2.55B
Japan $1.82B

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.3M
TOP IMPORT POTENTIALChina+ $32.3M

Sports Equipment’s highest export potential is United States. With an export gap of $20.3M.   Sports Equipment’s highest import potential is China with an import gap of $32.3M.

See methodology.

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