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2023
Exports $272MWorld Rnk 11 / 190
Flag Rnk 129 / 1210
2023
Destination $8.43M China
2022 - 2023
FASTEST GROWING MARKET $8.43MCanada
2023
PRODUCT COMPLEXITY IN High-voltage Protection Equipment0.62Rnk 318 / 1025
2023
Imports $76.9MWorld Rnk 36 / 223
Flag Rnk 358 / 1213
2023
Origin $1.67M Germany
2022 - 2023
FASTEST GROWING ORIGIN $1.67MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $272M in High-voltage Protection Equipment, making it the 11th largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 129th most exported product in Sweden. The main destination of High-voltage Protection Equipment exports from Sweden are: China ($20.6M), Canada ($20.3M), United Kingdom ($14.8M), Norway ($13.8M), and India ($11.6M).

The fastest growing export markets for High-voltage Protection Equipment of Sweden between 2022 and 2023 were Canada ($8.43M), Iraq ($5.54M), and South Korea ($5.26M).

Imports In 2023, Sweden imported $76.9M in High-voltage Protection Equipment, becoming the 36th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 358th most imported product in Sweden. Sweden imports High-voltage Protection Equipment primarily from: Germany ($22.8M), Switzerland ($12.2M), Netherlands ($6.63M), Poland ($5.61M), and Italy ($4.11M).

The fastest growing import markets in High-voltage Protection Equipment for Sweden between 2022 and 2023 were Germany ($1.67M), Ireland ($1.41M), and Netherlands ($1.4M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's High-voltage Protection Equipment exports accounted up to SEK749M and imports accounted up to SEK68M, resulting in a positive trade balance of SEK681M. Between November 2023 and November 2024 the exports of Sweden's   High-voltage Protection Equipment have increased by SEK435M (139%) from SEK313M to SEK749M, while imports increased by SEK16.9M (33%) from SEK51.1M to SEK68M.

Destinations In November 2024, High-voltage Protection Equipment were exported mostly to China (SEK196M), Saudi Arabia (SEK102M), Germany (SEK79.9M), Finland (SEK49.6M), and United Kingdom (SEK39.7M), and were imported mostly from Germany (SEK20.6M), Austria (SEK9.71M), Poland (SEK6.88M), Switzerland (SEK6.19M), and Italy (SEK3.95M).

Growth In November 2024, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Brazil (SEK16.2M or 286%), Canada (SEK13.8M or 74%), and Germany (SEK12.7M or 232%). In November 2024, the increase in High-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK3.63M or 2.15k%), Spain (SEK1.25M or 182%), and India (SEK662k or 356%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK435M(139%)
IMPORT GROWTH (November 2023 - November 2024)SEK16.9M(33%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)ChinaSEK196M

This section shows High-voltage Protection Equipment'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 High-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$272M
IMPORTS (2023)$76.9M
NET TRADE (2023)$195M

In 2023, Sweden exported $272M in High-voltage Protection Equipment. The main destinations of Sweden exports on High-voltage Protection Equipment were China ($20.6M), Canada ($20.3M), United Kingdom ($14.8M), Norway ($13.8M), and India ($11.6M).

In 2023, Sweden imported $76.9M in High-voltage Protection Equipment, mainly from Germany ($22.8M), Switzerland ($12.2M), Netherlands ($6.63M), Poland ($5.61M), and Italy ($4.11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Canada$8.43M (71.1%)
Iraq$5.54M (476%)
South Korea$5.26M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Sweden WERE (2022 - 2023):
United Kingdom-$7.63M (-34%)
Turkey-$5.42M (-50.3%)
United States-$5.01M (-30.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in High-voltage Protection Equipment were:
China $1.5B
Germany $1.36B
United States $895M
In 2023, Sweden's main importing competitors in High-voltage Protection Equipment were:
United States $1.39B
Saudi Arabia $743M
Germany $468M

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.95M
TOP IMPORT POTENTIALChina+ $2.89M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $8.95M.   High-voltage Protection Equipment’s highest import potential is China with an import gap of $2.89M.

See methodology.

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