Mill Machinery in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $6.56M in Mill Machinery, making it the 31st largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 710th most exported product in Sweden. The main destination of Mill Machinery exports from Sweden are: Latvia ($1.36M), Romania ($937k), Thailand ($419k), United Kingdom ($375k), and Canada ($372k).

The fastest growing export markets for Mill Machinery of Sweden between 2021 and 2022 were Romania ($469k), Thailand ($344k), and Canada ($252k).

Imports In 2022, Sweden imported $12.9M in Mill Machinery, becoming the 55th largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 748th most imported product in Sweden. Sweden imports Mill Machinery primarily from: Italy ($4.23M), Turkey ($2.67M), Denmark ($2.27M), Germany ($1.22M), and Switzerland ($912k).

The fastest growing import markets in Mill Machinery for Sweden between 2021 and 2022 were Turkey ($2.64M), Italy ($1.06M), and Netherlands ($75k).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Mill Machinery exports accounted up to SEK227k and imports accounted up to SEK3.3M, resulting in a negative trade balance of SEK3.07M. Between January 2023 and January 2024 the exports of Sweden's Mill Machinery have decreased by SEK-1.78M (-88.7%) from SEK2M to SEK227k, while imports decreased by SEK-4.65M (-58.5%) from SEK7.95M to SEK3.3M.

Destinations In January 2024, Mill Machinery were exported mostly to India (SEK160k), Norway (SEK30k), Japan (SEK26k), Denmark (SEK7k), and Italy (SEK2k), and were imported mostly from Germany (SEK1.67M), Estonia (SEK1.01M), Denmark (SEK458k), Turkey (SEK101k), and United States (SEK40k).

Growth In January 2024, the decrease in Mill Machinery's year-by-year exports was explained primarily by a decrease in exports to Mexico (SEK-5k or -5.26%) and United Kingdom (SEK-3k or -50%). In January 2024, the decrease in Mill Machinery's year-by-year imports was explained primarily by a decrease in imports from Italy (SEK-5.65M or -93.8%), Turkey (SEK-16k or -19.5%), and Belgium (SEK-2k or -33.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-1.78M(-88.7%)

IMPORT GROWTH (January 2023 - January 2024)SEK-4.65M(-58.5%)

MAIN EXPORTER (January 2024)undefined227k

MAIN DESTINATION (January 2024)IndiaSEK160k

This section shows Mill Machinery'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 Mill Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.56M

IMPORTS (2022)$12.9M

NET TRADE (2022)-$6.35M

In 2022, Sweden exported $6.56M in Mill Machinery. The main destinations of Sweden exports on Mill Machinery were Latvia ($1.36M), Romania ($937k), Thailand ($419k), United Kingdom ($375k), and Canada ($372k).

In 2022, Sweden imported $12.9M in Mill Machinery, mainly from Italy ($4.23M), Turkey ($2.67M), Denmark ($2.27M), Germany ($1.22M), and Switzerland ($912k).

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