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2022
Exports $194MWorld Rnk 22 / 194
Flag Rnk 175 / 1212
2022
Destination $3.41M Denmark
2021 - 2022
FASTEST GROWING MARKET $3.41MFrance
2022
PRODUCT COMPLEXITY IN Harvesting Machinery0.77Rnk 257 / 1025
2022
Imports $407MWorld Rnk 16 / 222
Flag Rnk 106 / 1213
2022
Origin $8.81M Germany
2021 - 2022
FASTEST GROWING ORIGIN $8.81MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $194M in Harvesting Machinery, making it the 22nd largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 175th most exported product in Sweden. The main destination of Harvesting Machinery exports from Sweden are: Denmark ($57.5M), Norway ($37.1M), Germany ($13.5M), Finland ($13M), and Lithuania ($10.2M).

The fastest growing export markets for Harvesting Machinery of Sweden between 2021 and 2022 were France ($3.41M), Italy ($3.35M), and Austria ($2.28M).

Imports In 2022, Sweden imported $407M in Harvesting Machinery, becoming the 16th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 106th most imported product in Sweden. Sweden imports Harvesting Machinery primarily from: Germany ($61.7M), United Kingdom ($53M), China ($49.4M), Poland ($48.8M), and United States ($35.4M).

The fastest growing import markets in Harvesting Machinery for Sweden between 2021 and 2022 were China ($8.81M), United States ($4.33M), and Belgium ($3.1M).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Harvesting Machinery from Sweden to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Harvesting Machinery exports accounted up to SEK58.1M and imports accounted up to SEK279M, resulting in a negative trade balance of SEK220M. Between July 2023 and July 2024 the exports of Sweden's   Harvesting Machinery have increased by SEK7.01M (13.7%) from SEK51.1M to SEK58.1M, while imports decreased by SEK-13.3M (-4.57%) from SEK292M to SEK279M.

Destinations In July 2024, Harvesting Machinery were exported mostly to Germany (SEK16M), Norway (SEK15.4M), Denmark (SEK4.13M), Finland (SEK3.61M), and United Kingdom (SEK2.16M), and were imported mostly from Germany (SEK89M), China (SEK42.4M), Denmark (SEK31M), United Kingdom (SEK27.9M), and Belgium (SEK15.7M).

Growth In July 2024, the increase in Harvesting Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (SEK5.74M or 70.3%), Lithuania (SEK2.83M or 316%), and Poland (SEK2.73M or 78.2%). In July 2024, the decrease in Harvesting Machinery's year-by-year imports was explained primarily by a decrease in imports from Belgium (SEK-7.3M or -67.3%), Finland (SEK-686k or -79.9%), and Hungary (SEK-520k or -43.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK7.01M(13.7%)
IMPORT GROWTH (July 2023 - July 2024)SEK-13.3M(-4.57%)
MAIN EXPORTER (July 2024)undefined72.9M
MAIN DESTINATION (July 2024)GermanySEK16M

This section shows Harvesting Machinery'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 Harvesting Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$194M
IMPORTS (2022)$407M
NET TRADE (2022)-$214M

In 2022, Sweden exported $194M in Harvesting Machinery. The main destinations of Sweden exports on Harvesting Machinery were Denmark ($57.5M), Norway ($37.1M), Germany ($13.5M), Finland ($13M), and Lithuania ($10.2M).

In 2022, Sweden imported $407M in Harvesting Machinery, mainly from Germany ($61.7M), United Kingdom ($53M), China ($49.4M), Poland ($48.8M), and United States ($35.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
France$3.41M (145%)
Italy$3.35M (138%)
Austria$2.28M (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Sweden WERE (2021 - 2022):
Denmark-$16.9M (-22.7%)
Norway-$11M (-22.9%)
Germany-$9.87M (-42.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Harvesting Machinery were:
Germany $5.01B
United States $4.73B
China $4.04B
In 2022, Sweden's main importing competitors in Harvesting Machinery were:
United States $4.28B
Germany $2.68B
France $2.34B

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.1M
TOP IMPORT POTENTIALChina+ $14.2M

Harvesting Machinery’s highest export potential is Germany. With an export gap of $11.1M.   Harvesting Machinery’s highest import potential is China with an import gap of $14.2M.

See methodology.

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