Metalworking Machine Parts in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $289M in Metalworking Machine Parts, making it the 17th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 134th most exported product in Sweden. The main destination of Metalworking Machine Parts exports from Sweden are: Netherlands ($75M), United States ($42.9M), Germany ($25.2M), Finland ($25M), and Switzerland ($14.9M).

The fastest growing export markets for Metalworking Machine Parts of Sweden between 2021 and 2022 were Netherlands ($5.3M), Switzerland ($3.99M), and Bulgaria ($1.38M).

Imports In 2022, Sweden imported $234M in Metalworking Machine Parts, becoming the 24th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 162nd most imported product in Sweden. Sweden imports Metalworking Machine Parts primarily from: Germany ($76.6M), Netherlands ($20M), Italy ($19.8M), Finland ($13.3M), and China ($12.1M).

The fastest growing import markets in Metalworking Machine Parts for Sweden between 2021 and 2022 were Netherlands ($12.7M), Germany ($3.59M), and Finland ($2.26M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Machine Parts from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Metalworking Machine Parts exports accounted up to SEK200M and imports accounted up to SEK207M, resulting in a negative trade balance of SEK7.36M. Between December 2022 and December 2023 the exports of Sweden's Metalworking Machine Parts have decreased by SEK-28.3M (-12.4%) from SEK228M to SEK200M, while imports decreased by SEK-10.8M (-4.96%) from SEK218M to SEK207M.

Destinations In December 2023, Metalworking Machine Parts were exported mostly to Netherlands (SEK72M), United States (SEK29.5M), Germany (SEK16.7M), Norway (SEK13.3M), and Switzerland (SEK7.19M), and were imported mostly from Germany (SEK99.6M), Netherlands (SEK12.1M), Switzerland (SEK10.9M), Finland (SEK9.71M), and Italy (SEK8.69M).

Growth In December 2023, the decrease in Metalworking Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Belgium (SEK-14M or -89.6%), Finland (SEK-7.99M or -36.6%), and Malaysia (SEK-4.78M or -92.1%). In December 2023, the decrease in Metalworking Machine Parts's year-by-year imports was explained primarily by a decrease in imports from France (SEK-10.1M or -67.9%), Taiwan (SEK-3.38M or -49.5%), and Belgium (SEK-2.84M or -28.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-28.3M(-12.4%)

IMPORT GROWTH (December 2022 - December 2023)SEK-10.8M(-4.96%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)NetherlandsSEK72M

This section shows Metalworking Machine Parts'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 Metalworking Machine Parts over time.

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