Lifting Machinery in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $710M in Lifting Machinery, making it the 13th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 51st most exported product in Sweden. The main destination of Lifting Machinery exports from Sweden are: United States ($122M), Germany ($67.3M), United Kingdom ($60M), Norway ($49.8M), and France ($40.6M).

The fastest growing export markets for Lifting Machinery of Sweden between 2021 and 2022 were United States ($20.9M), United Kingdom ($6.48M), and Mexico ($4.65M).

Imports In 2022, Sweden imported $579M in Lifting Machinery, becoming the 19th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 62nd most imported product in Sweden. Sweden imports Lifting Machinery primarily from: Germany ($140M), Netherlands ($69.2M), Finland ($68.7M), Austria ($50.4M), and Italy ($46M).

The fastest growing import markets in Lifting Machinery for Sweden between 2021 and 2022 were Germany ($52.8M), Austria ($32.8M), and Italy ($25.3M).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Lifting Machinery exports accounted up to SEK471M and imports accounted up to SEK326M, resulting in a positive trade balance of SEK145M. Between January 2023 and January 2024 the exports of Sweden's Lifting Machinery have decreased by SEK-56.9M (-10.8%) from SEK528M to SEK471M, while imports decreased by SEK-230M (-41.3%) from SEK556M to SEK326M.

Destinations In January 2024, Lifting Machinery were exported mostly to United States (SEK82.6M), Germany (SEK48.9M), Norway (SEK43.4M), United Kingdom (SEK34.6M), and France (SEK32M), and were imported mostly from Finland (SEK121M), Germany (SEK52.9M), Netherlands (SEK40.3M), Poland (SEK19.3M), and Denmark (SEK19.1M).

Growth In January 2024, the decrease in Lifting Machinery's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (SEK-8.61M or -80.3%), Japan (SEK-5.41M or -77.8%), and Australia (SEK-5.26M or -24.8%). In January 2024, the decrease in Lifting Machinery's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (SEK-15.4M or -56.7%), Norway (SEK-13.8M or -82.3%), and Czechia (SEK-7.19M or -27.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-56.9M(-10.8%)

IMPORT GROWTH (January 2023 - January 2024)SEK-230M(-41.3%)

MAIN EXPORTER (January 2024)undefined471M

MAIN DESTINATION (January 2024)United StatesSEK82.6M

This section shows Lifting 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 Lifting Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$710M

IMPORTS (2022)$579M

NET TRADE (2022)$130M

In 2022, Sweden exported $710M in Lifting Machinery. The main destinations of Sweden exports on Lifting Machinery were United States ($122M), Germany ($67.3M), United Kingdom ($60M), Norway ($49.8M), and France ($40.6M).

In 2022, Sweden imported $579M in Lifting Machinery, mainly from Germany ($140M), Netherlands ($69.2M), Finland ($68.7M), Austria ($50.4M), and Italy ($46M).

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