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2022
Exports $573MWorld Rnk 26 / 219
Flag Rnk 64 / 1212
2022
Destination $12M Germany
2021 - 2022
FASTEST GROWING MARKET $12MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Electrical Control Boards0.56Rnk 343 / 1025
2022
Imports $903MWorld Rnk 25 / 224
Flag Rnk 35 / 1213
2022
Origin $29.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $29.7MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $573M in Electrical Control Boards, making it the 26th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 64th most exported product in Sweden. The main destination of Electrical Control Boards exports from Sweden are: Germany ($61.2M), United States ($52.7M), United Kingdom ($42.7M), Norway ($40.2M), and China ($36.2M).

The fastest growing export markets for Electrical Control Boards of Sweden between 2021 and 2022 were United Kingdom ($12M), Finland ($10.7M), and Germany ($9.3M).

Imports In 2022, Sweden imported $903M in Electrical Control Boards, becoming the 25th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 35th most imported product in Sweden. Sweden imports Electrical Control Boards primarily from: Germany ($240M), China ($118M), Poland ($51.7M), Czechia ($42.2M), and Netherlands ($38.9M).

The fastest growing import markets in Electrical Control Boards for Sweden between 2021 and 2022 were China ($29.7M), Poland ($24.9M), and Germany ($21.1M).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Electrical Control Boards exports accounted up to SEK579M and imports accounted up to SEK756M, resulting in a negative trade balance of SEK177M. Between July 2023 and July 2024 the exports of Sweden's   Electrical Control Boards have decreased by SEK-4.57M (-0.78%) from SEK584M to SEK579M, while imports increased by SEK120M (18.9%) from SEK636M to SEK756M.

Destinations In July 2024, Electrical Control Boards were exported mostly to United States (SEK58.7M), Germany (SEK48.4M), China (SEK41.7M), Norway (SEK40.7M), and United Kingdom (SEK36.9M), and were imported mostly from Germany (SEK179M), Slovenia (SEK90.6M), Norway (SEK46.5M), Turkey (SEK44.7M), and China (SEK38M).

Growth In July 2024, the decrease in Electrical Control Boards's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-5.71M or -99.9%), Austria (SEK-5.55M or -58%), and Canada (SEK-3.13M or -47.2%). In July 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from Germany (SEK101M or 60.7%), China (SEK65.2M or 229%), and Denmark (SEK31.5M or 360%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-4.57M(-0.78%)
IMPORT GROWTH (July 2023 - July 2024)SEK120M(18.9%)
MAIN EXPORTER (July 2024)undefined742M
MAIN DESTINATION (July 2024)United StatesSEK58.7M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$573M
IMPORTS (2022)$903M
NET TRADE (2022)-$330M

In 2022, Sweden exported $573M in Electrical Control Boards. The main destinations of Sweden exports on Electrical Control Boards were Germany ($61.2M), United States ($52.7M), United Kingdom ($42.7M), Norway ($40.2M), and China ($36.2M).

In 2022, Sweden imported $903M in Electrical Control Boards, mainly from Germany ($240M), China ($118M), Poland ($51.7M), Czechia ($42.2M), and Netherlands ($38.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United Kingdom$12M (39%)
Finland$10.7M (75.5%)
Germany$9.3M (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Sweden WERE (2021 - 2022):
Belgium-$21.1M (-62.9%)
Pakistan-$9.83M (-98.6%)
Tajikistan-$9.5M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Sweden's main importing competitors in Electrical Control Boards were:
United States $16.6B
Germany $8.76B
China $5.33B

Explore Visualizations

Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.5M
TOP IMPORT POTENTIALChina+ $46.3M

Electrical Control Boards’s highest export potential is United States. With an export gap of $40.5M.   Electrical Control Boards’s highest import potential is China with an import gap of $46.3M.

See methodology.

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