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2022
Exports $147MWorld Rnk 15 / 203
Flag Rnk 211 / 1212
2022
Destination $3.46M United States
2021 - 2022
FASTEST GROWING MARKET $3.46MUnited States
2022
PRODUCT COMPLEXITY IN Hydrometers0.82Rnk 240 / 1025
2022
Imports $79MWorld Rnk 27 / 222
Flag Rnk 378 / 1213
2022
Origin $1.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.3MUnited States
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $147M in Hydrometers, making it the 15th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 211th most exported product in Sweden. The main destination of Hydrometers exports from Sweden are: United States ($38.5M), Germany ($12.8M), China ($10.2M), South Korea ($7.48M), and Norway ($7.33M).

The fastest growing export markets for Hydrometers of Sweden between 2021 and 2022 were United States ($3.46M), Italy ($2.36M), and Brazil ($2.25M).

Imports In 2022, Sweden imported $79M in Hydrometers, becoming the 27th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 378th most imported product in Sweden. Sweden imports Hydrometers primarily from: Germany ($18.7M), China ($12.2M), Denmark ($6.59M), United States ($6.12M), and Netherlands ($4.88M).

The fastest growing import markets in Hydrometers for Sweden between 2021 and 2022 were United States ($1.3M), Mexico ($626k), and Netherlands ($444k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Hydrometers exports accounted up to SEK130M and imports accounted up to SEK68.8M, resulting in a positive trade balance of SEK61M. Between May 2023 and May 2024 the exports of Sweden's   Hydrometers have increased by SEK7.77M (6.37%) from SEK122M to SEK130M, while imports decreased by SEK-7.94M (-10.3%) from SEK76.7M to SEK68.8M.

Destinations In May 2024, Hydrometers were exported mostly to United States (SEK29.9M), China (SEK11.5M), United Kingdom (SEK5.51M), Germany (SEK5.35M), and Angola (SEK5.19M), and were imported mostly from Germany (SEK15.4M), China (SEK9.1M), United States (SEK6.32M), Poland (SEK6.03M), and Netherlands (SEK5.64M).

Growth In May 2024, the increase in Hydrometers's year-by-year exports was explained primarily by an increase in exports to United States (SEK6.85M or 35.6%), United Kingdom (SEK5.06M or 145%), and Japan (SEK3.99M or 123%). In May 2024, the decrease in Hydrometers's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-3.88M or -67.3%), China (SEK-2.16M or -19.9%), and Hong Kong (SEK-1.06M or -80.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK7.77M(6.37%)
IMPORT GROWTH (May 2023 - May 2024)SEK-7.94M(-10.3%)
MAIN EXPORTER (May 2024)undefined161M
MAIN DESTINATION (May 2024)United StatesSEK29.9M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$147M
IMPORTS (2022)$79M
NET TRADE (2022)$67.6M

In 2022, Sweden exported $147M in Hydrometers. The main destinations of Sweden exports on Hydrometers were United States ($38.5M), Germany ($12.8M), China ($10.2M), South Korea ($7.48M), and Norway ($7.33M).

In 2022, Sweden imported $79M in Hydrometers, mainly from Germany ($18.7M), China ($12.2M), Denmark ($6.59M), United States ($6.12M), and Netherlands ($4.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$3.46M (9.88%)
Italy$2.36M (157%)
Brazil$2.25M (370%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Sweden WERE (2021 - 2022):
China-$2.93M (-22.4%)
Belgium-$1.83M (-69.3%)
Singapore-$1.51M (-56.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hydrometers were:
China $1.72B
Germany $1.01B
United States $961M
In 2022, Sweden's main importing competitors in Hydrometers were:
United States $1.28B
Germany $814M
China $580M

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.65M
TOP IMPORT POTENTIALChina+ $4.26M

Hydrometers’s highest export potential is China. With an export gap of $4.65M.   Hydrometers’s highest import potential is China with an import gap of $4.26M.

See methodology.

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