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2022
Exports $58.6MWorld Rnk 36 / 209
Flag Rnk 340 / 1212
2022
Destination $2.47M United States
2021 - 2022
FASTEST GROWING MARKET $2.47MUnited States
2022
PRODUCT COMPLEXITY IN Electrical Ignitions0.62Rnk 310 / 1025
2022
Imports $153MWorld Rnk 30 / 223
Flag Rnk 241 / 1213
2022
Origin $2.3M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.3MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $58.6M in Electrical Ignitions, making it the 36th largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 340th most exported product in Sweden. The main destination of Electrical Ignitions exports from Sweden are: United States ($12.8M), Belgium ($8.27M), Norway ($5.97M), China ($5.19M), and Germany ($2.63M).

The fastest growing export markets for Electrical Ignitions of Sweden between 2021 and 2022 were United States ($2.47M), Thailand ($944k), and Germany ($745k).

Imports In 2022, Sweden imported $153M in Electrical Ignitions, becoming the 30th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 241st most imported product in Sweden. Sweden imports Electrical Ignitions primarily from: Japan ($26.5M), Germany ($25.1M), Spain ($21.7M), China ($15.7M), and Netherlands ($14.9M).

The fastest growing import markets in Electrical Ignitions for Sweden between 2021 and 2022 were United Kingdom ($2.3M), China ($2.14M), and Slovenia ($1.47M).

COMPANIES In 2023, leading companies such as Volvo (5) were at the forefront of shipping Electrical Ignitions from Sweden to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Electrical Ignitions exports accounted up to SEK57.4M and imports accounted up to SEK150M, resulting in a negative trade balance of SEK92.9M. Between June 2023 and June 2024 the exports of Sweden's   Electrical Ignitions have decreased by SEK-1.9M (-3.2%) from SEK59.3M to SEK57.4M, while imports decreased by SEK-28.4M (-15.9%) from SEK179M to SEK150M.

Destinations In June 2024, Electrical Ignitions were exported mostly to United States (SEK13M), Belgium (SEK6.01M), Norway (SEK5.89M), China (SEK5.59M), and Finland (SEK3.42M), and were imported mostly from Spain (SEK36M), Netherlands (SEK25.6M), Japan (SEK23.4M), Germany (SEK21.2M), and China (SEK9.18M).

Growth In June 2024, the decrease in Electrical Ignitions's year-by-year exports was explained primarily by a decrease in exports to China (SEK-3.06M or -53.5%), Belgium (SEK-1.53M or -18.8%), and Denmark (SEK-378k or -17.7%). In June 2024, the decrease in Electrical Ignitions's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-3.22M or -18%), Hungary (SEK-2.04M or -71.6%), and Thailand (SEK-1.56M or -28%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-1.9M(-3.2%)
IMPORT GROWTH (June 2023 - June 2024)SEK-28.4M(-15.9%)
MAIN EXPORTER (June 2024)undefined66.9M
MAIN DESTINATION (June 2024)United StatesSEK13M

This section shows Electrical Ignitions'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 Ignitions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$58.6M
IMPORTS (2022)$153M
NET TRADE (2022)-$94.2M

In 2022, Sweden exported $58.6M in Electrical Ignitions. The main destinations of Sweden exports on Electrical Ignitions were United States ($12.8M), Belgium ($8.27M), Norway ($5.97M), China ($5.19M), and Germany ($2.63M).

In 2022, Sweden imported $153M in Electrical Ignitions, mainly from Japan ($26.5M), Germany ($25.1M), Spain ($21.7M), China ($15.7M), and Netherlands ($14.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$2.47M (23.9%)
Thailand$944k (1.21k%)
Germany$745k (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Sweden WERE (2021 - 2022):
China-$2.02M (-28.1%)
Russia-$1.58M (-84.2%)
United Kingdom-$1.28M (-41.5%)
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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 Ignitions were:
Japan $3.43B
China $3.22B
United States $2.02B
In 2022, Sweden's main importing competitors in Electrical Ignitions were:
United States $4.44B
Germany $2.05B
Mexico $1.66B

Explore Visualizations

Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.22M
TOP IMPORT POTENTIALChina+ $8.33M

Electrical Ignitions’s highest export potential is United States. With an export gap of $7.22M.   Electrical Ignitions’s highest import potential is China with an import gap of $8.33M.

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