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2023
Exports $1.01BWorld Rnk 18 / 222
Flag Rnk 32 / 1210
2023
Destination $14.9M United States
2022 - 2023
FASTEST GROWING MARKET $14.9MBrazil
2023
PRODUCT COMPLEXITY IN Liquid Pumps1.3Rnk 77 / 1025
2023
Imports $966MWorld Rnk 24 / 226
Flag Rnk 27 / 1213
2023
Origin $52.5M Germany
2022 - 2023
FASTEST GROWING ORIGIN $52.5MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $1.01B in Liquid Pumps, making it the 18th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 32nd most exported product in Sweden. The main destination of Liquid Pumps exports from Sweden are: United States ($234M), France ($91.7M), Denmark ($60.6M), Netherlands ($50.1M), and Canada ($43.3M).

The fastest growing export markets for Liquid Pumps of Sweden between 2022 and 2023 were Brazil ($14.9M), China ($10.9M), and Austria ($10.7M).

Imports In 2023, Sweden imported $966M in Liquid Pumps, becoming the 24th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 27th most imported product in Sweden. Sweden imports Liquid Pumps primarily from: Germany ($368M), Netherlands ($86.6M), Italy ($76.7M), France ($61.6M), and Hungary ($58.2M).

The fastest growing import markets in Liquid Pumps for Sweden between 2022 and 2023 were Germany ($52.5M), Netherlands ($17.9M), and Italy ($13.9M).

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

October 2024

About

Overview In October 2024 Sweden's Liquid Pumps exports accounted up to SEK1.02B and imports accounted up to SEK877M, resulting in a positive trade balance of SEK139M. Between October 2023 and October 2024 the exports of Sweden's   Liquid Pumps have increased by SEK133M (15%) from SEK883M to SEK1.02B, while imports decreased by SEK-61.7M (-6.57%) from SEK939M to SEK877M.

Destinations In October 2024, Liquid Pumps were exported mostly to United States (SEK296M), France (SEK92.9M), China (SEK70.8M), Norway (SEK54M), and Canada (SEK42.4M), and were imported mostly from Germany (SEK355M), Netherlands (SEK88.1M), Italy (SEK63.6M), United States (SEK49.3M), and Denmark (SEK42.3M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK133M(15%)
IMPORT GROWTH (October 2023 - October 2024)SEK-61.7M(-6.57%)
MAIN EXPORTER (October 2024)undefined1.02B
MAIN DESTINATION (October 2024)United StatesSEK296M

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 (2023)$1.01B
IMPORTS (2023)$966M
NET TRADE (2023)$46.1M

In 2023, Sweden exported $1.01B in Liquid Pumps. The main destinations of Sweden exports on Liquid Pumps were United States ($234M), France ($91.7M), Denmark ($60.6M), Netherlands ($50.1M), and Canada ($43.3M).

In 2023, Sweden imported $966M in Liquid Pumps, mainly from Germany ($368M), Netherlands ($86.6M), Italy ($76.7M), France ($61.6M), and Hungary ($58.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Brazil$14.9M (110%)
China$10.9M (37.9%)
Austria$10.7M (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Sweden WERE (2022 - 2023):
Russia-$15.1M (-100%)
United States-$10.7M (-4.37%)
South Africa-$9.61M (-39%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Liquid Pumps were:
China $13B
Germany $11.9B
United States $8.82B
In 2023, Sweden's main importing competitors in Liquid Pumps were:
United States $12.6B
Germany $5.63B
China $4.04B

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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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