Buses in Sweden | The Observatory of Economic Complexity

About

Exports In 2023, Sweden exported $226M in Buses, making it the 18th largest exporter of Buses in the world. At the same year, Buses was the 146th most exported product in Sweden. The main destination of Buses exports from Sweden are: Chile ($35.7M), Netherlands ($27.9M), Poland ($20.4M), Denmark ($19.6M), and Germany ($18M).

The fastest growing export markets for Buses of Sweden between 2022 and 2023 were Netherlands ($20.5M), Poland ($13.5M), and Denmark ($13.3M).

Imports In 2023, Sweden imported $255M in Buses, becoming the 20th largest importer of Buses in the world. At the same year, Buses was the 140th most imported product in Sweden. Sweden imports Buses primarily from: Poland ($106M), Turkey ($36.7M), Germany ($30.4M), Netherlands ($17.2M), and Norway ($15.2M).

The fastest growing import markets in Buses for Sweden between 2022 and 2023 were Turkey ($22.3M), Germany ($17.2M), and Norway ($10.9M).

COMPANIES In 2023, leading companies such as Volvo (6) were at the forefront of shipping Buses from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Buses exports accounted up to SEK107M and imports accounted up to SEK516M, resulting in a negative trade balance of SEK410M. Between October 2023 and October 2024 the exports of Sweden's Buses have increased by SEK11.5M (12.1%) from SEK95.3M to SEK107M, while imports increased by SEK286M (124%) from SEK230M to SEK516M.

Destinations In October 2024, Buses were exported mostly to Germany (SEK22.1M), Netherlands (SEK17.1M), Poland (SEK15.7M), Denmark (SEK13M), and France (SEK6.77M), and were imported mostly from Poland (SEK247M), Germany (SEK234M), Norway (SEK9.39M), United Arab Emirates (SEK5.73M), and China (SEK4.56M).

Growth In October 2024, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Netherlands (SEK8.74M or 134%), Poland (SEK8.16M or 1.47k%), and Denmark (SEK7.13M or 211%). In October 2024, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from Germany (SEK40.4M or 2.81k%), United Kingdom (SEK14.2M or 1.42M%), and Norway (SEK5.52M or 378%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)SEK11.5M(12.1%)

IMPORT GROWTH (October 2023 - October 2024)SEK286M(124%)

MAIN EXPORTER (October 2024)undefined125M

MAIN DESTINATION (October 2024)GermanySEK22.1M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$226M

IMPORTS (2023)$255M

NET TRADE (2023)-$28.8M

In 2023, Sweden exported $226M in Buses. The main destinations of Sweden exports on Buses were Chile ($35.7M), Netherlands ($27.9M), Poland ($20.4M), Denmark ($19.6M), and Germany ($18M).

In 2023, Sweden imported $255M in Buses, mainly from Poland ($106M), Turkey ($36.7M), Germany ($30.4M), Netherlands ($17.2M), and Norway ($15.2M).

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