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2023
Exports $28.9MWorld Rnk 19 / 143
Flag Rnk 442 / 1210
2023
Destination $1.26M China
2022 - 2023
FASTEST GROWING MARKET $1.26MVietnam
2023
PRODUCT COMPLEXITY IN Electrical Insulators0.91Rnk 200 / 1025
2023
Imports $28.2MWorld Rnk 29 / 206
Flag Rnk 573 / 1213
2023
Origin $1.34M China
2022 - 2023
FASTEST GROWING ORIGIN $1.34MPortugal
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $28.9M in Electrical Insulators, making it the 19th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 442nd most exported product in Sweden. The main destination of Electrical Insulators exports from Sweden are: China ($5.95M), Italy ($2.65M), India ($1.83M), Brazil ($1.81M), and Croatia ($1.54M).

The fastest growing export markets for Electrical Insulators of Sweden between 2022 and 2023 were Vietnam ($1.26M), Brazil ($1.12M), and India ($1.03M).

Imports In 2023, Sweden imported $28.2M in Electrical Insulators, becoming the 29th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 573rd most imported product in Sweden. Sweden imports Electrical Insulators primarily from: China ($9.46M), Germany ($3.11M), Poland ($2.88M), Canada ($1.87M), and Portugal ($1.72M).

The fastest growing import markets in Electrical Insulators for Sweden between 2022 and 2023 were Portugal ($1.34M), Canada ($1.11M), and Poland ($1.1M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Electrical Insulators exports accounted up to SEK7.98M and imports accounted up to SEK20.6M, resulting in a negative trade balance of SEK12.7M. Between October 2023 and October 2024 the exports of Sweden's   Electrical Insulators have increased by SEK2.92M (57.8%) from SEK5.05M to SEK7.98M, while imports decreased by SEK-12.1M (-37%) from SEK32.8M to SEK20.6M.

Destinations In October 2024, Electrical Insulators were exported mostly to Vietnam (SEK1.95M), Austria (SEK1.55M), Norway (SEK1.05M), United States (SEK893k), and Italy (SEK843k), and were imported mostly from China (SEK6.45M), Poland (SEK4.28M), Germany (SEK2.72M), Spain (SEK2.34M), and Switzerland (SEK909k).

Growth In October 2024, the increase in Electrical Insulators's year-by-year exports was explained primarily by an increase in exports to United States (SEK962k or 110%), Switzerland (SEK514k or 188%), and Brazil (SEK117k or 11.7k%). In October 2024, the decrease in Electrical Insulators's year-by-year imports was explained primarily by a decrease in imports from China (SEK-2.38M or -24%), Switzerland (SEK-968k or -85.8%), and Poland (SEK-852k or -34.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK2.92M(57.8%)
IMPORT GROWTH (October 2023 - October 2024)SEK-12.1M(-37%)
MAIN EXPORTER (October 2024)undefined39.1M
MAIN DESTINATION (October 2024)VietnamSEK1.95M

This section shows Electrical Insulators'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 Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.9M
IMPORTS (2023)$28.2M
NET TRADE (2023)$691k

In 2023, Sweden exported $28.9M in Electrical Insulators. The main destinations of Sweden exports on Electrical Insulators were China ($5.95M), Italy ($2.65M), India ($1.83M), Brazil ($1.81M), and Croatia ($1.54M).

In 2023, Sweden imported $28.2M in Electrical Insulators, mainly from China ($9.46M), Germany ($3.11M), Poland ($2.88M), Canada ($1.87M), and Portugal ($1.72M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Vietnam$1.26M (957%)
Brazil$1.12M (162%)
India$1.03M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Sweden WERE (2022 - 2023):
China-$8.47M (-58.8%)
Denmark-$3.21M (-95.7%)
South Korea-$1.82M (-81.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electrical Insulators were:
China $823M
United States $226M
Germany $216M
In 2023, Sweden's main importing competitors in Electrical Insulators were:
United States $406M
Saudi Arabia $130M
Germany $125M

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $857k
TOP IMPORT POTENTIALGermany+ $622k

Electrical Insulators’s highest export potential is United States. With an export gap of $857k.   Electrical Insulators’s highest import potential is Germany with an import gap of $622k.

See methodology.

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