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2023
Exports $23.5MWorld Rnk 17 / 196
Flag Rnk 477 / 1210
2023
Destination $761k Denmark
2022 - 2023
FASTEST GROWING MARKET $761kDenmark
2023
PRODUCT COMPLEXITY IN Drafting Tools1.84Rnk 11 / 1025
2023
Imports $22.2MWorld Rnk 30 / 222
Flag Rnk 614 / 1213
2023
Origin $247k Romania
2022 - 2023
FASTEST GROWING ORIGIN $247kDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $23.5M in Drafting Tools, making it the 17th largest exporter of Drafting Tools in the world. At the same year, Drafting Tools was the 477th most exported product in Sweden. The main destination of Drafting Tools exports from Sweden are: Denmark ($4.88M), Germany ($4.71M), Switzerland ($3.69M), Norway ($1.65M), and Netherlands ($1.29M).

The fastest growing export markets for Drafting Tools of Sweden between 2022 and 2023 were Denmark ($761k), United States ($493k), and Switzerland ($468k).

Imports In 2023, Sweden imported $22.2M in Drafting Tools, becoming the 30th largest importer of Drafting Tools in the world. At the same year, Drafting Tools was the 614th most imported product in Sweden. Sweden imports Drafting Tools primarily from: Romania ($4.86M), China ($3.93M), Germany ($3.32M), Netherlands ($2.29M), and United Kingdom ($2.04M).

The fastest growing import markets in Drafting Tools for Sweden between 2022 and 2023 were Denmark ($247k), Brazil ($195k), and Austria ($61.7k).

COMPANIES In 2023, leading companies such as Konecranes (2) were at the forefront of shipping Drafting Tools from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Drafting Tools exports accounted up to SEK28.8M and imports accounted up to SEK22.6M, resulting in a positive trade balance of SEK6.22M. Between November 2023 and November 2024 the exports of Sweden's   Drafting Tools have decreased by SEK-5.62M (-16.3%) from SEK34.4M to SEK28.8M, while imports increased by SEK3.3M (17.1%) from SEK19.3M to SEK22.6M.

Destinations In November 2024, Drafting Tools were exported mostly to Germany (SEK9.48M), Norway (SEK6.17M), Denmark (SEK4.44M), Switzerland (SEK1.7M), and Netherlands (SEK1.32M), and were imported mostly from Romania (SEK6.81M), United Kingdom (SEK3.73M), Germany (SEK2.7M), Netherlands (SEK2.49M), and China (SEK2.24M).

Growth In November 2024, the decrease in Drafting Tools's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-2.01M or -35.9%), Belgium (SEK-1.59M or -95.5%), and Netherlands (SEK-418k or -30.3%). In November 2024, the increase in Drafting Tools's year-by-year imports was explained primarily by an increase in imports from China (SEK1.75M or 59.8%), Romania (SEK1.45M or 35.8%), and Italy (SEK581k or 286%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-5.62M(-16.3%)
IMPORT GROWTH (November 2023 - November 2024)SEK3.3M(17.1%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)GermanySEK9.48M

This section shows Drafting Tools'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 Drafting Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$23.5M
IMPORTS (2023)$22.2M
NET TRADE (2023)$1.32M

In 2023, Sweden exported $23.5M in Drafting Tools. The main destinations of Sweden exports on Drafting Tools were Denmark ($4.88M), Germany ($4.71M), Switzerland ($3.69M), Norway ($1.65M), and Netherlands ($1.29M).

In 2023, Sweden imported $22.2M in Drafting Tools, mainly from Romania ($4.86M), China ($3.93M), Germany ($3.32M), Netherlands ($2.29M), and United Kingdom ($2.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drafting Tools EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$761k (18.5%)
United States$493k (73.9%)
Switzerland$468k (14.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drafting Tools BY Sweden WERE (2022 - 2023):
Belgium-$384k (-71.7%)
Japan-$220k (-55.4%)
India-$131k (-33.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Drafting Tools were:
China $996M
Japan $298M
Germany $203M
In 2023, Sweden's main importing competitors in Drafting Tools were:
United States $367M
Germany $181M
France $93.1M

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Trade Value of Drafting Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $853k
TOP IMPORT POTENTIALChina+ $1.67M

Drafting Tools’s highest export potential is United States. With an export gap of $853k.   Drafting Tools’s highest import potential is China with an import gap of $1.67M.

See methodology.

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