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2018
Exports $583MWorld Rnk 30 / 225
Flag Rnk 63 / 1212
2018
Destination $17.3M Norway
2021 - 2022
FASTEST GROWING MARKET $17.3MNorway
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment0.56Rnk 342 / 1025
2018
Imports $974MWorld Rnk 30 / 226
Flag Rnk 30 / 1213
2018
Origin $12.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $12.6MFinland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2018, Sweden exported $583M in Low-voltage Protection Equipment, making it the 30th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 63rd most exported product in Sweden. The main destination of Low-voltage Protection Equipment exports from Sweden are: Norway ($102M), Denmark ($72.3M), Finland ($46.5M), Germany ($35.5M), and United States ($34.4M).

The fastest growing export markets for Low-voltage Protection Equipment of Sweden between 2021 and 2022 were Norway ($17.3M), Italy ($6.44M), and Hungary ($5.14M).

Imports In 2022, Sweden imported $974M in Low-voltage Protection Equipment, becoming the 30th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 30th most imported product in Sweden. Sweden imports Low-voltage Protection Equipment primarily from: Germany ($268M), France ($148M), China ($80.8M), Netherlands ($53.5M), and Italy ($44.7M).

The fastest growing import markets in Low-voltage Protection Equipment for Sweden between 2021 and 2022 were Finland ($12.6M), United States ($7.69M), and Bulgaria ($5.31M).

COMPANIES In 2023, leading companies such as Chevron (1) were at the forefront of shipping Low-voltage Protection Equipment from Sweden to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Low-voltage Protection Equipment exports accounted up to SEK541M and imports accounted up to SEK767M, resulting in a negative trade balance of SEK227M. Between July 2023 and July 2024 the exports of Sweden's   Low-voltage Protection Equipment have increased by SEK78.8M (17.1%) from SEK462M to SEK541M, while imports increased by SEK124M (19.3%) from SEK643M to SEK767M.

Destinations In July 2024, Low-voltage Protection Equipment were exported mostly to Norway (SEK74.7M), Finland (SEK61.4M), Denmark (SEK57.8M), United States (SEK50.1M), and Germany (SEK38.3M), and were imported mostly from Germany (SEK209M), France (SEK139M), China (SEK54M), United States (SEK43M), and Italy (SEK38.3M).

Growth In July 2024, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Norway (SEK26.6M or 39%), United States (SEK11.4M or 39.3%), and South Africa (SEK7.46M or 863%). In July 2024, the increase in Low-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from Germany (SEK31.1M or 16.4%), United States (SEK21.7M or 71.5%), and Czechia (SEK15.1M or 95.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK78.8M(17.1%)
IMPORT GROWTH (July 2023 - July 2024)SEK124M(19.3%)
MAIN EXPORTER (July 2024)undefined666M
MAIN DESTINATION (July 2024)NorwaySEK74.7M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$583M
IMPORTS (2022)$974M
NET TRADE (2022)-$391M

In 2022, Sweden exported $583M in Low-voltage Protection Equipment. The main destinations of Sweden exports on Low-voltage Protection Equipment were Norway ($102M), Denmark ($72.3M), Finland ($46.5M), Germany ($35.5M), and United States ($34.4M).

In 2022, Sweden imported $974M in Low-voltage Protection Equipment, mainly from Germany ($268M), France ($148M), China ($80.8M), Netherlands ($53.5M), and Italy ($44.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$17.3M (20.4%)
Italy$6.44M (33.3%)
Hungary$5.14M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Sweden WERE (2021 - 2022):
Denmark-$11.8M (-14%)
United States-$7.54M (-18%)
Finland-$7.3M (-13.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Low-voltage Protection Equipment were:
China $28.2B
Germany $16.4B
United States $10.7B
In 2022, Sweden's main importing competitors in Low-voltage Protection Equipment were:
United States $14.8B
China $11.6B
Germany $9.72B

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.5M
TOP IMPORT POTENTIALChina+ $61.6M

Low-voltage Protection Equipment’s highest export potential is United States. With an export gap of $33.5M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $61.6M.

See methodology.

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