falsefalse United States
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
falseWorld Rnk 32 / 211
Flag Rnk 408 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported N/A in Forging Machines, making it the 19th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 293rd most exported product in Sweden. The main destination of Forging Machines exports from Sweden are: United States ($34.3M), Germany ($14.2M), China ($10.3M), Norway ($2.47M), and Japan ($2.38M).

Imports In 2022, Sweden imported $68.3M in Forging Machines, becoming the 32nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 408th most imported product in Sweden. Sweden imports Forging Machines primarily from: Italy ($15.8M), Germany ($12.2M), France ($6.56M), China ($5.13M), and Finland ($5.02M).

The fastest growing import markets in Forging Machines for Sweden between 2021 and 2022 were Italy ($5.74M), Finland ($3.13M), and France ($1.86M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Forging Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$68.3M

In N/A, Sweden exported N/A in Forging Machines. The main destinations of Sweden exports on Forging Machines were United States ($34.3M), Germany ($14.2M), China ($10.3M), Norway ($2.47M), and Japan ($2.38M).

In 2022, Sweden imported $68.3M in Forging Machines, mainly from Italy ($15.8M), Germany ($12.2M), France ($6.56M), China ($5.13M), and Finland ($5.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sweden's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Sweden's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.44M
TOP IMPORT POTENTIALChina+ $3.45M

Forging Machines’s highest export potential is China. With an export gap of $4.44M.   Forging Machines’s highest import potential is China with an import gap of $3.45M.

See methodology.

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