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2023
Exports $919MWorld Rnk 22 / 224
Flag Rnk 36 / 1210
2023
Destination $26M United States
2022 - 2023
FASTEST GROWING MARKET $26MNetherlands
2023
PRODUCT COMPLEXITY IN Centrifuges1.22Rnk 101 / 1025
2023
Imports $1.02BWorld Rnk 26 / 225
Flag Rnk 22 / 1213
2023
Origin $13.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $13.2MDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $919M in Centrifuges, making it the 22nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 36th most exported product in Sweden. The main destination of Centrifuges exports from Sweden are: United States ($130M), Germany ($73.7M), China ($70.1M), Netherlands ($59.7M), and Norway ($56.4M).

The fastest growing export markets for Centrifuges of Sweden between 2022 and 2023 were Netherlands ($26M), United States ($23.4M), and India ($6.63M).

Imports In 2023, Sweden imported $1.02B in Centrifuges, becoming the 26th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 22nd most imported product in Sweden. Sweden imports Centrifuges primarily from: Germany ($280M), Czechia ($241M), Belgium ($64.5M), France ($60.7M), and Denmark ($45.2M).

The fastest growing import markets in Centrifuges for Sweden between 2022 and 2023 were Denmark ($13.2M), Germany ($11.7M), and France ($9.11M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Centrifuges exports accounted up to SEK947M and imports accounted up to SEK690M, resulting in a positive trade balance of SEK257M. Between November 2023 and November 2024 the exports of Sweden's   Centrifuges have increased by SEK41.4M (4.57%) from SEK906M to SEK947M, while imports increased by SEK3.61M (0.53%) from SEK686M to SEK690M.

Destinations In November 2024, Centrifuges were exported mostly to United States (SEK104M), Norway (SEK84.4M), Singapore (SEK82.7M), Germany (SEK56.3M), and United Kingdom (SEK51.2M), and were imported mostly from Germany (SEK176M), Belgium (SEK66.2M), Denmark (SEK62.6M), China (SEK46.8M), and France (SEK43.6M).

Growth In November 2024, the increase in Centrifuges's year-by-year exports was explained primarily by an increase in exports to China (SEK36.7M or 97.1%), Norway (SEK20.9M or 37.5%), and Finland (SEK10.6M or 37.2%). In November 2024, the increase in Centrifuges's year-by-year imports was explained primarily by an increase in imports from France (SEK19.5M or 53.9%), Italy (SEK13.7M or 66.4%), and Belgium (SEK12.7M or 30.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK41.4M(4.57%)
IMPORT GROWTH (November 2023 - November 2024)SEK3.61M(0.53%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United StatesSEK104M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$919M
IMPORTS (2023)$1.02B
NET TRADE (2023)-$97.6M

In 2023, Sweden exported $919M in Centrifuges. The main destinations of Sweden exports on Centrifuges were United States ($130M), Germany ($73.7M), China ($70.1M), Netherlands ($59.7M), and Norway ($56.4M).

In 2023, Sweden imported $1.02B in Centrifuges, mainly from Germany ($280M), Czechia ($241M), Belgium ($64.5M), France ($60.7M), and Denmark ($45.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Netherlands$26M (77.2%)
United States$23.4M (22.1%)
India$6.63M (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Sweden WERE (2022 - 2023):
Denmark-$26.3M (-36.5%)
Greece-$20.9M (-68.7%)
Egypt-$14.1M (-81.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Centrifuges were:
Germany $14.1B
United States $12.4B
China $11.8B
In 2023, Sweden's main importing competitors in Centrifuges were:
United States $14.1B
Germany $7.79B
China $5.08B

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $60.4M
TOP IMPORT POTENTIALChina+ $37.5M

Centrifuges’s highest export potential is United States. With an export gap of $60.4M.   Centrifuges’s highest import potential is China with an import gap of $37.5M.

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