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2023
Exports $6.59MWorld Rnk 22 / 124
Flag Rnk 689 / 1210
2023
Destination $1.69M Denmark
2022 - 2023
FASTEST GROWING MARKET $1.69MDenmark
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines0.029Rnk 550 / 1025
2023
Imports $10.1MWorld Rnk 28 / 196
Flag Rnk 775 / 1213
2023
Origin $2.06M Slovenia
2022 - 2023
FASTEST GROWING ORIGIN $2.06MAustria
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $6.59M in Hydraulic Turbines, making it the 22nd largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 689th most exported product in Sweden. The main destination of Hydraulic Turbines exports from Sweden are: Denmark ($2.66M), Italy ($1.44M), United Kingdom ($1.17M), China ($586k), and Slovenia ($160k).

The fastest growing export markets for Hydraulic Turbines of Sweden between 2022 and 2023 were Denmark ($1.69M), United Kingdom ($1.17M), and Italy ($790k).

Imports In 2023, Sweden imported $10.1M in Hydraulic Turbines, becoming the 28th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 775th most imported product in Sweden. Sweden imports Hydraulic Turbines primarily from: Slovenia ($2.82M), Austria ($2.08M), Netherlands ($1.94M), India ($1.13M), and Denmark ($441k).

The fastest growing import markets in Hydraulic Turbines for Sweden between 2022 and 2023 were Austria ($2.06M), Slovenia ($1.91M), and Netherlands ($1.54M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Hydraulic Turbines exports accounted up to SEK1.03M and imports accounted up to SEK1.26M, resulting in a negative trade balance of SEK231k. Between November 2023 and November 2024 the exports of Sweden's   Hydraulic Turbines have decreased by SEK-24.5M (-96%) from SEK25.5M to SEK1.03M, while imports decreased by SEK-1.84M (-59.3%) from SEK3.11M to SEK1.26M.

Destinations In November 2024, Hydraulic Turbines were exported mostly to United Arab Emirates (SEK355k), Mexico (SEK246k), Norway (SEK136k), Australia (SEK111k), and China (SEK46k), and were imported mostly from Germany (SEK858k), Poland (SEK356k), Norway (SEK29k), South Korea (SEK11k), and United Kingdom (SEK4k).

Growth In November 2024, the decrease in Hydraulic Turbines's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-26k or -33.3%) and Netherlands (SEK-5k or -55.6%). In November 2024, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-1.76M or -99.6%) and Germany (SEK-196k or -99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-24.5M(-96%)
IMPORT GROWTH (November 2023 - November 2024)SEK-1.84M(-59.3%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United Arab EmiratesSEK355k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.59M
IMPORTS (2023)$10.1M
NET TRADE (2023)-$3.51M

In 2023, Sweden exported $6.59M in Hydraulic Turbines. The main destinations of Sweden exports on Hydraulic Turbines were Denmark ($2.66M), Italy ($1.44M), United Kingdom ($1.17M), China ($586k), and Slovenia ($160k).

In 2023, Sweden imported $10.1M in Hydraulic Turbines, mainly from Slovenia ($2.82M), Austria ($2.08M), Netherlands ($1.94M), India ($1.13M), and Denmark ($441k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$1.69M (174%)
United Kingdom$1.17M (148k%)
Italy$790k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Sweden WERE (2022 - 2023):
Portugal-$170k (-100%)
Norway-$139k (-50.3%)
Finland-$90.2k (-97.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Hydraulic Turbines were:
China $297M
Germany $95.3M
Italy $78.4M
In 2023, Sweden's main importing competitors in Hydraulic Turbines were:
United States $67.8M
Vietnam $56.8M
Austria $41.3M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $70.3k
TOP IMPORT POTENTIALChina+ $373k

Hydraulic Turbines’s highest export potential is Germany. With an export gap of $70.3k.   Hydraulic Turbines’s highest import potential is China with an import gap of $373k.

See methodology.

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