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2023
Exports $191MWorld Rnk 8 / 113
Flag Rnk 170 / 1210
2023
Destination $19.2M Malaysia
2022 - 2023
FASTEST GROWING MARKET $19.2MTurkey
2023
PRODUCT COMPLEXITY IN Glass Working Machines1.27Rnk 83 / 1025
2023
Imports $45.5MWorld Rnk 20 / 180
Flag Rnk 476 / 1213
2023
Origin $4.29M Germany
2022 - 2023
FASTEST GROWING ORIGIN $4.29MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $191M in Glass Working Machines, making it the 8th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 170th most exported product in Sweden. The main destination of Glass Working Machines exports from Sweden are: Malaysia ($23M), Turkey ($22.8M), Luxembourg ($19.7M), Italy ($15.8M), and Portugal ($13.4M).

The fastest growing export markets for Glass Working Machines of Sweden between 2022 and 2023 were Turkey ($19.2M), Romania ($6.42M), and South Korea ($5.56M).

Imports In 2023, Sweden imported $45.5M in Glass Working Machines, becoming the 20th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 476th most imported product in Sweden. Sweden imports Glass Working Machines primarily from: Germany ($13.5M), France ($6.06M), China ($5.71M), Malaysia ($4.23M), and Netherlands ($3.46M).

The fastest growing import markets in Glass Working Machines for Sweden between 2022 and 2023 were Germany ($4.29M), Finland ($1.14M), and France ($614k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Glass Working Machines exports accounted up to SEK188M and imports accounted up to SEK17.2M, resulting in a positive trade balance of SEK170M. Between October 2023 and October 2024 the exports of Sweden's   Glass Working Machines have decreased by SEK-11.8M (-5.9%) from SEK199M to SEK188M, while imports decreased by SEK-25.2M (-59.5%) from SEK42.4M to SEK17.2M.

Destinations In October 2024, Glass Working Machines were exported mostly to Brazil (SEK119M), Italy (SEK28.9M), Austria (SEK7.67M), Malaysia (SEK5.39M), and Luxembourg (SEK5.23M), and were imported mostly from China (SEK3.59M), Luxembourg (SEK2.57M), Brazil (SEK2.3M), France (SEK2.26M), and Malaysia (SEK1.47M).

Growth In October 2024, the decrease in Glass Working Machines's year-by-year exports was explained primarily by a decrease in exports to Turkey (SEK-9.61M or -95.2%), New Zealand (SEK-3.43M or -99.2%), and Australia (SEK-3.15M or -94.4%). In October 2024, the decrease in Glass Working Machines's year-by-year imports was explained primarily by a decrease in imports from China (SEK-3.03M or -39.1%), France (SEK-2.48M or -51.7%), and Netherlands (SEK-1.91M or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-11.8M(-5.9%)
IMPORT GROWTH (October 2023 - October 2024)SEK-25.2M(-59.5%)
MAIN EXPORTER (October 2024)undefined188M
MAIN DESTINATION (October 2024)BrazilSEK119M

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$191M
IMPORTS (2023)$45.5M
NET TRADE (2023)$145M

In 2023, Sweden exported $191M in Glass Working Machines. The main destinations of Sweden exports on Glass Working Machines were Malaysia ($23M), Turkey ($22.8M), Luxembourg ($19.7M), Italy ($15.8M), and Portugal ($13.4M).

In 2023, Sweden imported $45.5M in Glass Working Machines, mainly from Germany ($13.5M), France ($6.06M), China ($5.71M), Malaysia ($4.23M), and Netherlands ($3.46M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Turkey$19.2M (532%)
Romania$6.42M (300%)
South Korea$5.56M (681%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Sweden WERE (2022 - 2023):
Brazil-$9.2M (-84.7%)
Chile-$8.5M (-96.1%)
Mexico-$3.97M (-34.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Glass Working Machines were:
Singapore $622M
Germany $579M
United States $502M
In 2023, Sweden's main importing competitors in Glass Working Machines were:
Belgium $428M
China $418M
Chinese Taipei $312M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.33M
TOP IMPORT POTENTIALGermany+ $1.59M

Glass Working Machines’s highest export potential is United States. With an export gap of $2.33M.   Glass Working Machines’s highest import potential is Germany with an import gap of $1.59M.

See methodology.

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