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2022
Exports $710MWorld Rnk 13 / 184
Flag Rnk 51 / 1212
2022
Destination $20.9M United States
2021 - 2022
FASTEST GROWING MARKET $20.9MUnited States
2022
PRODUCT COMPLEXITY IN Lifting Machinery1.12Rnk 128 / 1025
2022
Imports $579MWorld Rnk 19 / 219
Flag Rnk 62 / 1213
2022
Origin $52.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $52.8MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

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

September 2024

About

Overview In September 2024 Sweden's Lifting Machinery exports accounted up to SEK635M and imports accounted up to SEK459M, resulting in a positive trade balance of SEK176M. Between September 2023 and September 2024 the exports of Sweden's   Lifting Machinery have increased by SEK41.9M (7.06%) from SEK593M to SEK635M, while imports increased by SEK117M (34.2%) from SEK342M to SEK459M.

Destinations In September 2024, Lifting Machinery were exported mostly to Norway (SEK69.4M), Germany (SEK66.4M), United States (SEK63.2M), United Kingdom (SEK56.9M), and France (SEK53.3M), and were imported mostly from South Korea (SEK136M), Germany (SEK74M), Japan (SEK41.8M), Netherlands (SEK38.3M), and Norway (SEK36.2M).

Growth In September 2024, the increase in Lifting Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (SEK25.8M or 66%), Norway (SEK25.5M or 77.8%), and United Kingdom (SEK16M or 52.1%). In September 2024, the increase in Lifting Machinery's year-by-year imports was explained primarily by an increase in imports from Italy (SEK152M or 36.1k%), Germany (SEK64.5M or 131%), and Austria (SEK26.3M or 1.36k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK41.9M(7.06%)
IMPORT GROWTH (September 2023 - September 2024)SEK117M(34.2%)
MAIN EXPORTER (September 2024)undefined635M
MAIN DESTINATION (September 2024)NorwaySEK69.4M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$20.9M (20.8%)
United Kingdom$6.48M (12.1%)
Mexico$4.65M (1.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Sweden WERE (2021 - 2022):
China-$13.4M (-27%)
Russia-$13M (-85.7%)
Finland-$9.81M (-23.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Sweden's main importing competitors in Lifting Machinery were:
United States $5.58B
Germany $2.32B
United Kingdom $1.44B

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.8M
TOP IMPORT POTENTIALChina+ $23.5M

Lifting Machinery’s highest export potential is United States. With an export gap of $34.8M.   Lifting Machinery’s highest import potential is China with an import gap of $23.5M.

See methodology.

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