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2018
Exports $365MWorld Rnk 23 / 216
Flag Rnk 102 / 1210
2018
Destination $21.5M Italy
2022 - 2023
FASTEST GROWING MARKET $21.5MItaly
2023
PRODUCT COMPLEXITY IN Electrical Power Accessories0.94Rnk 195 / 1025
2018
Imports $421MWorld Rnk 24 / 224
Flag Rnk 87 / 1213
2018
Origin $16.7M Germany
2022 - 2023
FASTEST GROWING ORIGIN $16.7MPoland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2018, Sweden exported $365M in Electrical Power Accessories, making it the 23rd largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 102nd most exported product in Sweden. The main destination of Electrical Power Accessories exports from Sweden are: Italy ($57.9M), Germany ($48M), Denmark ($30.6M), United States ($19.9M), and Poland ($18.5M).

The fastest growing export markets for Electrical Power Accessories of Sweden between 2022 and 2023 were Italy ($21.5M), Germany ($15.7M), and United States ($9.91M).

Imports In 2023, Sweden imported $421M in Electrical Power Accessories, becoming the 24th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 87th most imported product in Sweden. Sweden imports Electrical Power Accessories primarily from: Germany ($83.5M), Poland ($56M), China ($35.4M), France ($33.4M), and Netherlands ($22.9M).

The fastest growing import markets in Electrical Power Accessories for Sweden between 2022 and 2023 were Poland ($16.7M), Germany ($13.4M), and Vietnam ($9.06M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Electrical Power Accessories exports accounted up to SEK289M and imports accounted up to SEK345M, resulting in a negative trade balance of SEK56.2M. Between November 2023 and November 2024 the exports of Sweden's   Electrical Power Accessories have increased by SEK36.4M (14.4%) from SEK252M to SEK289M, while imports decreased by SEK-40.2M (-10.4%) from SEK385M to SEK345M.

Destinations In November 2024, Electrical Power Accessories were exported mostly to Norway (SEK33.3M), Poland (SEK29.9M), India (SEK23.8M), Denmark (SEK22.4M), and Germany (SEK19.9M), and were imported mostly from Germany (SEK47.2M), Poland (SEK41.7M), China (SEK34.7M), France (SEK32.4M), and India (SEK22.8M).

Growth In November 2024, the increase in Electrical Power Accessories's year-by-year exports was explained primarily by an increase in exports to Switzerland (SEK11.4M or 155%), Germany (SEK10.9M or 75%), and United Kingdom (SEK10.2M or 178%). In November 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 (November 2023 - November 2024)SEK36.4M(14.4%)
IMPORT GROWTH (November 2023 - November 2024)SEK-40.2M(-10.4%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NorwaySEK33.3M

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 (2023)$365M
IMPORTS (2023)$421M
NET TRADE (2023)-$56.1M

In 2023, Sweden exported $365M in Electrical Power Accessories. The main destinations of Sweden exports on Electrical Power Accessories were Italy ($57.9M), Germany ($48M), Denmark ($30.6M), United States ($19.9M), and Poland ($18.5M).

In 2023, Sweden imported $421M in Electrical Power Accessories, mainly from Germany ($83.5M), Poland ($56M), China ($35.4M), France ($33.4M), and Netherlands ($22.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Italy$21.5M (58.9%)
Germany$15.7M (48.7%)
United States$9.91M (99%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Sweden WERE (2022 - 2023):
China-$4.42M (-25.4%)
Azerbaijan-$4.22M (-98.6%)
Switzerland-$3.07M (-25.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electrical Power Accessories were:
Germany $7.23B
China $6.67B
United States $4.44B
In 2023, Sweden's main importing competitors in Electrical Power Accessories were:
Mexico $4.57B
United States $4.46B
Germany $3.3B

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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