Electrical Ignitions in Sweden | The Observatory of Economic Complexity

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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 GROUP NORTH AMERICA LLC (5) were at the forefront of shipping Electrical Ignitions from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Electrical Ignitions exports accounted up to SEK61.4M and imports accounted up to SEK174M, resulting in a negative trade balance of SEK113M. Between January 2023 and January 2024 the exports of Sweden's Electrical Ignitions have increased by SEK9.45M (18.2%) from SEK52M to SEK61.4M, while imports increased by SEK4.99M (2.95%) from SEK169M to SEK174M.

Destinations In January 2024, Electrical Ignitions were exported mostly to United States (SEK11M), Norway (SEK10.3M), Belgium (SEK4.67M), United Kingdom (SEK4.11M), and China (SEK3.98M), and were imported mostly from Spain (SEK37.8M), Japan (SEK27.8M), Germany (SEK27.5M), Netherlands (SEK27.1M), and United Kingdom (SEK10M).

Growth In January 2024, the increase in Electrical Ignitions's year-by-year exports was explained primarily by an increase in exports to Germany (SEK1.78M or 97.1%), Norway (SEK1.46M or 22.9%), and Colombia (SEK606k or 819%). In January 2024, the increase in Electrical Ignitions's year-by-year imports was explained primarily by an increase in imports from Spain (SEK16.4M or 61%), Japan (SEK13M or 61.5%), and Germany (SEK4.93M or 25.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK9.45M(18.2%)

IMPORT GROWTH (January 2023 - January 2024)SEK4.99M(2.95%)

MAIN EXPORTER (January 2024)undefined61.4M

MAIN DESTINATION (January 2024)United StatesSEK11M

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

Trade Value

Growth

Growth (%)

Year

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).

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