Electric Generating Sets in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $194M in Electric Generating Sets, making it the 24th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 174th most exported product in Sweden. The main destination of Electric Generating Sets exports from Sweden are: Thailand ($46.5M), Guam ($25.8M), South Korea ($25.2M), Chinese Taipei ($17.3M), and Burma ($14M).

The fastest growing export markets for Electric Generating Sets of Sweden between 2021 and 2022 were Guam ($25.8M), South Korea ($25M), and Chinese Taipei ($17M).

Imports In 2022, Sweden imported $441M in Electric Generating Sets, becoming the 19th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 94th most imported product in Sweden. Sweden imports Electric Generating Sets primarily from: Germany ($202M), China ($91.2M), Spain ($84.5M), Denmark ($35.2M), and France ($7.08M).

The fastest growing import markets in Electric Generating Sets for Sweden between 2021 and 2022 were Spain ($60.3M), France ($3.44M), and Italy ($1.79M).

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

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Electric Generating Sets exports accounted up to SEK24.9M and imports accounted up to SEK120M, resulting in a negative trade balance of SEK95.2M. Between December 2022 and December 2023 the exports of Sweden's Electric Generating Sets have decreased by SEK-425M (-94.5%) from SEK450M to SEK24.9M, while imports decreased by SEK-73.8M (-38.1%) from SEK194M to SEK120M.

Destinations In December 2023, Electric Generating Sets were exported mostly to United States (SEK4.27M), China (SEK4.18M), Germany (SEK3.79M), Netherlands (SEK3.73M), and India (SEK2.34M), and were imported mostly from Spain (SEK84.7M), Germany (SEK19M), China (SEK6.69M), Norway (SEK3.64M), and United Kingdom (SEK2.56M).

Growth In December 2023, 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 December 2023, the decrease in Electric Generating Sets's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-437k or -68.3%), Hong Kong (SEK-110k or -87.3%), and United States (SEK-42k or -80.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-425M(-94.5%)

IMPORT GROWTH (December 2022 - December 2023)SEK-73.8M(-38.1%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)United StatesSEK4.27M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$194M

IMPORTS (2022)$441M

NET TRADE (2022)-$247M

In 2022, Sweden exported $194M in Electric Generating Sets. The main destinations of Sweden exports on Electric Generating Sets were Thailand ($46.5M), Guam ($25.8M), South Korea ($25.2M), Chinese Taipei ($17.3M), and Burma ($14M).

In 2022, Sweden imported $441M in Electric Generating Sets, mainly from Germany ($202M), China ($91.2M), Spain ($84.5M), Denmark ($35.2M), and France ($7.08M).

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