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2023
Exports $310MWorld Rnk 17 / 186
Flag Rnk 117 / 1210
2023
Destination $71.9M Singapore
2022 - 2023
FASTEST GROWING MARKET $71.9MSingapore
2023
PRODUCT COMPLEXITY IN Electric Generating Sets0.35Rnk 440 / 1025
2023
Imports $194MWorld Rnk 38 / 223
Flag Rnk 175 / 1213
2023
Origin $14M Spain
2022 - 2023
FASTEST GROWING ORIGIN $14MSpain
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $310M in Electric Generating Sets, making it the 17th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 117th most exported product in Sweden. The main destination of Electric Generating Sets exports from Sweden are: Singapore ($72.5M), United Arab Emirates ($61.3M), Mozambique ($44M), India ($26M), and Colombia ($18.2M).

The fastest growing export markets for Electric Generating Sets of Sweden between 2022 and 2023 were Singapore ($71.9M), United Arab Emirates ($60.6M), and Mozambique ($44M).

Imports In 2023, Sweden imported $194M in Electric Generating Sets, becoming the 38th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 175th most imported product in Sweden. Sweden imports Electric Generating Sets primarily from: Spain ($117M), Denmark ($25.5M), Germany ($19.1M), China ($9.39M), and France ($6.59M).

The fastest growing import markets in Electric Generating Sets for Sweden between 2022 and 2023 were Spain ($14M), Denmark ($6.2M), and France ($2.22M).

COMPANIES In 2023, leading companies such as Volvo (3) were at the forefront of shipping Electric Generating Sets from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Electric Generating Sets exports accounted up to SEK66.9M and imports accounted up to SEK178M, resulting in a negative trade balance of SEK111M. Between November 2023 and November 2024 the exports of Sweden's   Electric Generating Sets have decreased by SEK-204M (-75.3%) from SEK271M to SEK66.9M, while imports increased by SEK152M (591%) from SEK25.7M to SEK178M.

Destinations In November 2024, Electric Generating Sets were exported mostly to China (SEK21.5M), Norway (SEK20.8M), Azerbaijan (SEK4.52M), Netherlands (SEK3.67M), and Turkey (SEK2.88M), and were imported mostly from Spain (SEK107M), Germany (SEK20.6M), United Kingdom (SEK15.2M), France (SEK11M), and Norway (SEK10.5M).

Growth In November 2024, the decrease in Electric Generating Sets's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-16M or -89.7%), Denmark (SEK-85k or -76.6%), and Mexico (SEK-72k or -94.7%). In November 2024, the increase in Electric Generating Sets's year-by-year imports was explained primarily by an increase in imports from Spain (SEK19.7M or 55.3%), China (SEK13M or 394%), and United Kingdom (SEK12.1M or 1.2k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-204M(-75.3%)
IMPORT GROWTH (November 2023 - November 2024)SEK152M(591%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)ChinaSEK21.5M

This section shows Electric Generating Sets'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 Electric Generating Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$310M
IMPORTS (2023)$194M
NET TRADE (2023)$116M

In 2023, Sweden exported $310M in Electric Generating Sets. The main destinations of Sweden exports on Electric Generating Sets were Singapore ($72.5M), United Arab Emirates ($61.3M), Mozambique ($44M), India ($26M), and Colombia ($18.2M).

In 2023, Sweden imported $194M in Electric Generating Sets, mainly from Spain ($117M), Denmark ($25.5M), Germany ($19.1M), China ($9.39M), and France ($6.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Singapore$71.9M (12.2k%)
United Arab Emirates$60.6M (8.74k%)
Mozambique$44M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Sweden WERE (2022 - 2023):
South Korea-$25.8M (-100%)
Guam-$25.8M (-100%)
Iran-$20.6M (-99.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electric Generating Sets were:
China $8.6B
Germany $2.94B
United States $2.5B
In 2023, Sweden's main importing competitors in Electric Generating Sets were:
United States $2.31B
Canada $1.34B
United Kingdom $1.3B

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.24M
TOP IMPORT POTENTIALChina+ $19.1M

Electric Generating Sets’s highest export potential is United States. With an export gap of $6.24M.   Electric Generating Sets’s highest import potential is China with an import gap of $19.1M.

See methodology.

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