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2023
Exports $432MWorld Rnk 21 / 208
Flag Rnk 87 / 1210
2023
Destination $10.2M Norway
2022 - 2023
FASTEST GROWING MARKET $10.2MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Air Conditioners0.51Rnk 371 / 1025
2023
Imports $437MWorld Rnk 34 / 224
Flag Rnk 83 / 1213
2023
Origin $25.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $25.3MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $432M in Air Conditioners, making it the 21st largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 87th most exported product in Sweden. The main destination of Air Conditioners exports from Sweden are: Norway ($85.7M), Finland ($47.3M), Germany ($39M), Belgium ($36.7M), and Denmark ($33.5M).

The fastest growing export markets for Air Conditioners of Sweden between 2022 and 2023 were United Kingdom ($10.2M), Brazil ($4.61M), and Belgium ($3.41M).

Imports In 2023, Sweden imported $437M in Air Conditioners, becoming the 34th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 83rd most imported product in Sweden. Sweden imports Air Conditioners primarily from: Germany ($128M), Thailand ($44.6M), China ($42.6M), Poland ($37.4M), and Italy ($29.5M).

The fastest growing import markets in Air Conditioners for Sweden between 2022 and 2023 were Germany ($25.3M), Ireland ($11.6M), and Japan ($8.01M).

COMPANIES In 2023, leading companies such as Volvo (37) were at the forefront of shipping Air Conditioners from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Air Conditioners exports accounted up to SEK371M and imports accounted up to SEK424M, resulting in a negative trade balance of SEK53.8M. Between November 2023 and November 2024 the exports of Sweden's   Air Conditioners have increased by SEK14.9M (4.18%) from SEK356M to SEK371M, while imports increased by SEK101M (31.2%) from SEK323M to SEK424M.

Destinations In November 2024, Air Conditioners were exported mostly to Norway (SEK83.5M), Spain (SEK56.9M), Finland (SEK37.3M), Denmark (SEK30.9M), and Germany (SEK29M), and were imported mostly from Germany (SEK172M), Ireland (SEK36M), Poland (SEK35.2M), Czechia (SEK29.7M), and Thailand (SEK27.8M).

Growth In November 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK31.7M or 310%), Norway (SEK23.4M or 36.8%), and Germany (SEK21.9M or 131%). In November 2024, the increase in Air Conditioners's year-by-year imports was explained primarily by an increase in imports from Thailand (SEK25.7M or 119%), Japan (SEK20.5M or 400%), and Germany (SEK20.5M or 30.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK14.9M(4.18%)
IMPORT GROWTH (November 2023 - November 2024)SEK101M(31.2%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NorwaySEK83.5M

This section shows Air Conditioners'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 Air Conditioners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$432M
IMPORTS (2023)$437M
NET TRADE (2023)-$4.94M

In 2023, Sweden exported $432M in Air Conditioners. The main destinations of Sweden exports on Air Conditioners were Norway ($85.7M), Finland ($47.3M), Germany ($39M), Belgium ($36.7M), and Denmark ($33.5M).

In 2023, Sweden imported $437M in Air Conditioners, mainly from Germany ($128M), Thailand ($44.6M), China ($42.6M), Poland ($37.4M), and Italy ($29.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
United Kingdom$10.2M (46%)
Brazil$4.61M (170%)
Belgium$3.41M (10.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Sweden WERE (2022 - 2023):
Finland-$7.53M (-13.7%)
Estonia-$3.18M (-29.4%)
United States-$3.1M (-42.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Air Conditioners were:
China $22.3B
Thailand $7.86B
Mexico $7.33B
In 2023, Sweden's main importing competitors in Air Conditioners were:
United States $14.2B
Germany $2.79B
Japan $2.49B

Explore Visualizations

Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.5M
TOP IMPORT POTENTIALChina+ $39.6M

Air Conditioners’s highest export potential is United States. With an export gap of $13.5M.   Air Conditioners’s highest import potential is China with an import gap of $39.6M.

See methodology.

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