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2022
Exports $884MWorld Rnk 18 / 221
Flag Rnk 39 / 1212
2022
Destination $38.5M United States
2021 - 2022
FASTEST GROWING MARKET $38.5MUnited States
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $825MWorld Rnk 24 / 225
Flag Rnk 41 / 1213
2022
Origin $4.44M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.44MFrance
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $884M in Liquid Pumps, making it the 18th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 39th most exported product in Sweden. The main destination of Liquid Pumps exports from Sweden are: United States ($241M), France ($83.6M), Norway ($46M), Canada ($38.8M), and Germany ($30.8M).

The fastest growing export markets for Liquid Pumps of Sweden between 2021 and 2022 were United States ($38.5M), South Africa ($9.27M), and Canada ($5.51M).

Imports In 2022, Sweden imported $825M in Liquid Pumps, becoming the 24th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 41st most imported product in Sweden. Sweden imports Liquid Pumps primarily from: Germany ($266M), Italy ($71.2M), France ($59.9M), Netherlands ($58M), and Hungary ($49.3M).

The fastest growing import markets in Liquid Pumps for Sweden between 2021 and 2022 were France ($4.44M), India ($4.28M), and Czechia ($3.5M).

COMPANIES In 2023, leading companies such as Robert Bosch (1), SKF Group (1), and ABB Motors and Mechanical (1) were at the forefront of shipping Liquid Pumps from Sweden to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Liquid Pumps exports accounted up to SEK720M and imports accounted up to SEK714M, resulting in a positive trade balance of SEK5.35M. Between August 2023 and August 2024 the exports of Sweden's   Liquid Pumps have increased by SEK4.55M (0.64%) from SEK715M to SEK720M, while imports decreased by SEK-49.4M (-6.47%) from SEK764M to SEK714M.

Destinations In August 2024, Liquid Pumps were exported mostly to United States (SEK156M), France (SEK83.6M), Canada (SEK47.6M), Norway (SEK37.1M), and Denmark (SEK26.9M), and were imported mostly from Germany (SEK285M), Netherlands (SEK72M), United States (SEK47.6M), Italy (SEK47.5M), and Hungary (SEK43.6M).

Growth In August 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to United States (SEK88.4M or 69.6%), Canada (SEK20.4M or 115%), and South Africa (SEK16.9M or 103%). In August 2024, the decrease in Liquid Pumps's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-13M or -23.1%), Italy (SEK-3.35M or -8.42%), and Hungary (SEK-3.23M or -8.98%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK4.55M(0.64%)
IMPORT GROWTH (August 2023 - August 2024)SEK-49.4M(-6.47%)
MAIN EXPORTER (August 2024)undefined848M
MAIN DESTINATION (August 2024)United StatesSEK156M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$884M
IMPORTS (2022)$825M
NET TRADE (2022)$58.3M

In 2022, Sweden exported $884M in Liquid Pumps. The main destinations of Sweden exports on Liquid Pumps were United States ($241M), France ($83.6M), Norway ($46M), Canada ($38.8M), and Germany ($30.8M).

In 2022, Sweden imported $825M in Liquid Pumps, mainly from Germany ($266M), Italy ($71.2M), France ($59.9M), Netherlands ($58M), and Hungary ($49.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$38.5M (19%)
South Africa$9.27M (48%)
Canada$5.51M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Sweden WERE (2021 - 2022):
Russia-$26M (-63.2%)
Germany-$11M (-26.4%)
France-$7.32M (-8.05%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Liquid Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, Sweden's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.9M
TOP IMPORT POTENTIALChina+ $34.5M

Liquid Pumps’s highest export potential is United States. With an export gap of $47.9M.   Liquid Pumps’s highest import potential is China with an import gap of $34.5M.

See methodology.

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