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2022
Exports $275MWorld Rnk 25 / 218
Flag Rnk 139 / 1212
2022
Destination $9.59M Norway
2021 - 2022
FASTEST GROWING MARKET $9.59MNorway
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories0.91Rnk 204 / 1025
2022
Imports $383MWorld Rnk 27 / 225
Flag Rnk 112 / 1213
2022
Origin $10.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.6MLithuania
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $275M in Electrical Power Accessories, making it the 25th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 139th most exported product in Sweden. The main destination of Electrical Power Accessories exports from Sweden are: Norway ($31M), Germany ($28.4M), Poland ($22.1M), Denmark ($19.6M), and China ($14.3M).

The fastest growing export markets for Electrical Power Accessories of Sweden between 2021 and 2022 were Norway ($9.59M), Switzerland ($7.6M), and Saudi Arabia ($6.24M).

Imports In 2022, Sweden imported $383M in Electrical Power Accessories, becoming the 27th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 112th most imported product in Sweden. Sweden imports Electrical Power Accessories primarily from: Germany ($71.3M), Poland ($57.5M), France ($33.7M), China ($30.2M), and Netherlands ($18.8M).

The fastest growing import markets in Electrical Power Accessories for Sweden between 2021 and 2022 were Lithuania ($10.6M), Poland ($5.27M), and India ($4.99M).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Electrical Power Accessories exports accounted up to SEK187M and imports accounted up to SEK267M, resulting in a negative trade balance of SEK79.9M. Between July 2023 and July 2024 the exports of Sweden's   Electrical Power Accessories have decreased by SEK-29.9M (-13.8%) from SEK217M to SEK187M, while imports decreased by SEK-112M (-29.6%) from SEK379M to SEK267M.

Destinations In July 2024, Electrical Power Accessories were exported mostly to Norway (SEK22.2M), Denmark (SEK17.9M), Germany (SEK15.8M), Finland (SEK15.3M), and Poland (SEK11.1M), and were imported mostly from Germany (SEK37.5M), China (SEK27.3M), Vietnam (SEK25.1M), France (SEK25.1M), and India (SEK22.4M).

Growth In July 2024, the decrease in Electrical Power Accessories's year-by-year exports was explained primarily by a decrease in exports to Israel (SEK-2.04M or -96.1%), China (SEK-1.28M or -33.9%), and South Korea (SEK-1.25M or -57.4%). In July 2024, the decrease in Electrical Power Accessories's year-by-year imports was explained primarily by a decrease in imports from South Korea (SEK-4.18M or -98.7%), Denmark (SEK-1.75M or -16%), and Japan (SEK-1.69M or -47.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-29.9M(-13.8%)
IMPORT GROWTH (July 2023 - July 2024)SEK-112M(-29.6%)
MAIN EXPORTER (July 2024)undefined290M
MAIN DESTINATION (July 2024)NorwaySEK22.2M

This section shows Electrical Power Accessories'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 Power Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$275M
IMPORTS (2022)$383M
NET TRADE (2022)-$107M

In 2022, Sweden exported $275M in Electrical Power Accessories. The main destinations of Sweden exports on Electrical Power Accessories were Norway ($31M), Germany ($28.4M), Poland ($22.1M), Denmark ($19.6M), and China ($14.3M).

In 2022, Sweden imported $383M in Electrical Power Accessories, mainly from Germany ($71.3M), Poland ($57.5M), France ($33.7M), China ($30.2M), and Netherlands ($18.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$9.59M (44.9%)
Switzerland$7.6M (178%)
Saudi Arabia$6.24M (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Sweden WERE (2021 - 2022):
Finland-$4.26M (-23.5%)
Azerbaijan-$3.13M (-82.6%)
Iraq-$3.03M (-99.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electrical Power Accessories were:
China $6.47B
Germany $6.36B
United States $4.96B
In 2022, Sweden's main importing competitors in Electrical Power Accessories were:
United States $4.94B
Mexico $4.2B
China $3.93B

Explore Visualizations

Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14M
TOP IMPORT POTENTIALChina+ $17.7M

Electrical Power Accessories’s highest export potential is China. With an export gap of $14M.   Electrical Power Accessories’s highest import potential is China with an import gap of $17.7M.

See methodology.

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