2022
Exports
$39.9MWorld Rnk 10 / 73
Flag Rnk 410 / 1212
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$3.03MWorld Rnk 52 / 143
Flag Rnk 957 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $39.9M in Military Weapons, making it the 10th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 410th most exported product in Sweden. The main destination of Military Weapons exports from Sweden are: Japan ($15.6M), Indonesia ($12.4M), United States ($7.05M), Australia ($3.2M), and Norway ($1.55M).

The fastest growing export markets for Military Weapons of Sweden between 2021 and 2022 were United States ($6.39M), Australia ($2.91M), and Japan ($2.44M).

Imports In 2022, Sweden imported $3.03M in Military Weapons, becoming the 52nd largest importer of Military Weapons in the world. At the same year, Military Weapons was the 957th most imported product in Sweden. Sweden imports Military Weapons primarily from: United States ($2.69M), Australia ($310k), Switzerland ($29.8k), Canada ($7.54k), and Netherlands ($7).

The fastest growing import markets in Military Weapons for Sweden between 2021 and 2022 were United States ($1.85M), Australia ($310k), and Netherlands ($7).

COMPANIES In 2023, leading companies such as IKEA Group (16) were at the forefront of shipping Military Weapons from Sweden to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Military Weapons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$39.9M
IMPORTS (2022)$3.03M
NET TRADE (2022)$36.8M

In 2022, Sweden exported $39.9M in Military Weapons. The main destinations of Sweden exports on Military Weapons were Japan ($15.6M), Indonesia ($12.4M), United States ($7.05M), Australia ($3.2M), and Norway ($1.55M).

In 2022, Sweden imported $3.03M in Military Weapons, mainly from United States ($2.69M), Australia ($310k), Switzerland ($29.8k), Canada ($7.54k), and Netherlands ($7).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$6.39M (969%)
Australia$2.91M (1k%)
Japan$2.44M (18.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Sweden WERE (2021 - 2022):
Estonia-$12.1M (-100%)
Brazil-$8.78M (-100%)
Indonesia-$1.88M (-13.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sweden's main exporting competitors in Military Weapons were:
In 2022, Sweden's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $200k
TOP IMPORT POTENTIALSwitzerland+ $52.7k

Military Weapons’s highest export potential is Norway. With an export gap of $200k.   Military Weapons’s highest import potential is Switzerland with an import gap of $52.7k.

See methodology.

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