Cranes in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $149M in Cranes, making it the 19th largest exporter of Cranes in the world. At the same year, Cranes was the 209th most exported product in Sweden. The main destination of Cranes exports from Sweden are: Israel ($25.2M), France ($14.2M), Denmark ($13.5M), Italy ($11.3M), and Norway ($9.92M).

The fastest growing export markets for Cranes of Sweden between 2021 and 2022 were Italy ($7.69M), Brazil ($2.2M), and Israel ($2.04M).

Imports In 2022, Sweden imported $186M in Cranes, becoming the 27th largest importer of Cranes in the world. At the same year, Cranes was the 204th most imported product in Sweden. Sweden imports Cranes primarily from: Germany ($33.4M), Austria ($33.2M), Finland ($26.6M), Italy ($19.9M), and Spain ($14.6M).

The fastest growing import markets in Cranes for Sweden between 2021 and 2022 were Italy ($9.61M), France ($4.14M), and Spain ($4.09M).

COMPANIES In 2023, leading companies such as KONECRANES INC. (5) and ABB MOTORS AND MECHANICAL INC (1) were at the forefront of shipping Cranes from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Cranes exports accounted up to SEK115M and imports accounted up to SEK148M, resulting in a negative trade balance of SEK32.7M. Between January 2023 and January 2024 the exports of Sweden's Cranes have increased by SEK63.7M (124%) from SEK51.2M to SEK115M, while imports increased by SEK37.8M (34.4%) from SEK110M to SEK148M.

Destinations In January 2024, Cranes were exported mostly to United States (SEK21M), Netherlands (SEK17.6M), France (SEK16.3M), United Kingdom (SEK10.7M), and Mexico (SEK10.2M), and were imported mostly from Germany (SEK59.2M), Italy (SEK20.7M), Austria (SEK19.3M), Poland (SEK17.3M), and Finland (SEK14.7M).

Growth In January 2024, the increase in Cranes's year-by-year exports was explained primarily by an increase in exports to Netherlands (SEK14.2M or 591%), Norway (SEK7.15M or 244%), and Belgium (SEK2.8M or 10k%). In January 2024, the increase in Cranes's year-by-year imports was explained primarily by an increase in imports from Poland (SEK7.66M or 94.4%), Norway (SEK6.15M or 129%), and Czechia (SEK2.82M or 476%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK63.7M(124%)

IMPORT GROWTH (January 2023 - January 2024)SEK37.8M(34.4%)

MAIN EXPORTER (January 2024)undefined115M

MAIN DESTINATION (January 2024)United StatesSEK21M

This section shows Cranes'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 Cranes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$149M

IMPORTS (2022)$186M

NET TRADE (2022)-$37.2M

In 2022, Sweden exported $149M in Cranes. The main destinations of Sweden exports on Cranes were Israel ($25.2M), France ($14.2M), Denmark ($13.5M), Italy ($11.3M), and Norway ($9.92M).

In 2022, Sweden imported $186M in Cranes, mainly from Germany ($33.4M), Austria ($33.2M), Finland ($26.6M), Italy ($19.9M), and Spain ($14.6M).

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