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2023
Exports $880MWorld Rnk 5 / 172
Flag Rnk 38 / 1210
2023
Destination $27.3M United States
2022 - 2023
FASTEST GROWING MARKET $27.3MNorway
2023
PRODUCT COMPLEXITY IN Other Construction Vehicles-0.81Rnk 784 / 1025
2023
Imports $120MWorld Rnk 28 / 217
Flag Rnk 268 / 1213
2023
Origin $3.65M Finland
2022 - 2023
FASTEST GROWING ORIGIN $3.65MItaly
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $880M in Other Construction Vehicles, making it the 5th largest exporter of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 38th most exported product in Sweden. The main destination of Other Construction Vehicles exports from Sweden are: United States ($139M), Australia ($92.7M), Norway ($71.1M), Canada ($59.4M), and Chile ($42.2M).

The fastest growing export markets for Other Construction Vehicles of Sweden between 2022 and 2023 were Norway ($27.3M), United States ($24.3M), and Canada ($22M).

Imports In 2023, Sweden imported $120M in Other Construction Vehicles, becoming the 28th largest importer of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 268th most imported product in Sweden. Sweden imports Other Construction Vehicles primarily from: Finland ($21.8M), Bulgaria ($21.3M), Norway ($17M), Germany ($12M), and United States ($8.23M).

The fastest growing import markets in Other Construction Vehicles for Sweden between 2022 and 2023 were Italy ($3.65M), India ($1.95M), and Portugal ($1.2M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Other Construction Vehicles exports accounted up to SEK728M and imports accounted up to SEK191M, resulting in a positive trade balance of SEK537M. Between October 2023 and October 2024 the exports of Sweden's   Other Construction Vehicles have decreased by SEK-174M (-19.3%) from SEK902M to SEK728M, while imports increased by SEK73.6M (62.6%) from SEK118M to SEK191M.

Destinations In October 2024, Other Construction Vehicles were exported mostly to Australia (SEK80.1M), Norway (SEK61.7M), Finland (SEK51.1M), United States (SEK42.9M), and South Africa (SEK37M), and were imported mostly from Norway (SEK47M), China (SEK37.6M), Germany (SEK27.8M), United States (SEK22.4M), and Canada (SEK14.7M).

Growth In October 2024, the decrease in Other Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to China (SEK-21.7M or -64.9%), Germany (SEK-13M or -20.3%), and India (SEK-11.5M or -87.2%). In October 2024, the increase in Other Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from Finland (SEK30.8M or 266%), India (SEK3.94M or 1.11k%), and Germany (SEK3.35M or 43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-174M(-19.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK73.6M(62.6%)
MAIN EXPORTER (October 2024)undefined868M
MAIN DESTINATION (October 2024)AustraliaSEK80.1M

This section shows Other Construction Vehicles'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 Other Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$880M
IMPORTS (2023)$120M
NET TRADE (2023)$760M

In 2023, Sweden exported $880M in Other Construction Vehicles. The main destinations of Sweden exports on Other Construction Vehicles were United States ($139M), Australia ($92.7M), Norway ($71.1M), Canada ($59.4M), and Chile ($42.2M).

In 2023, Sweden imported $120M in Other Construction Vehicles, mainly from Finland ($21.8M), Bulgaria ($21.3M), Norway ($17M), Germany ($12M), and United States ($8.23M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Construction Vehicles EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$27.3M (62.4%)
United States$24.3M (21.2%)
Canada$22M (58.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Construction Vehicles BY Sweden WERE (2022 - 2023):
China-$24.4M (-41.8%)
Mexico-$10M (-48.7%)
France-$8.82M (-38.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Other Construction Vehicles were:
China $2.95B
United States $1.51B
Germany $1.45B
In 2023, Sweden's main importing competitors in Other Construction Vehicles were:
United States $1.73B
Saudi Arabia $795M
Canada $783M

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Trade Value of Other Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.04M
TOP IMPORT POTENTIALChina+ $5.72M

Other Construction Vehicles’s highest export potential is United States. With an export gap of $9.04M.   Other Construction Vehicles’s highest import potential is China with an import gap of $5.72M.

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