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2022
Exports $1.14BWorld Rnk 12 / 209
Flag Rnk 30 / 1212
2022
Destination $18.6M Germany
2021 - 2022
FASTEST GROWING MARKET $18.6MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Heating Machinery1.15Rnk 116 / 1025
2022
Imports $579MWorld Rnk 24 / 225
Flag Rnk 63 / 1213
2022
Origin $26.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $26.9MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $1.14B in Other Heating Machinery, making it the 12th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 30th most exported product in Sweden. The main destination of Other Heating Machinery exports from Sweden are: Germany ($123M), United States ($94.9M), China ($77.2M), Italy ($67.8M), and United Kingdom ($60.6M).

The fastest growing export markets for Other Heating Machinery of Sweden between 2021 and 2022 were United Kingdom ($18.6M), Brazil ($13.2M), and United States ($13.1M).

Imports In 2022, Sweden imported $579M in Other Heating Machinery, becoming the 24th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 63rd most imported product in Sweden. Sweden imports Other Heating Machinery primarily from: Germany ($92.8M), Italy ($73.8M), China ($43.4M), United Kingdom ($40.5M), and Denmark ($39.4M).

The fastest growing import markets in Other Heating Machinery for Sweden between 2021 and 2022 were United Kingdom ($26.9M), Netherlands ($10.3M), and Poland ($5.69M).

COMPANIES In 2023, leading companies such as Team Hardinger (24) were at the forefront of shipping Other Heating Machinery from Sweden to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Other Heating Machinery exports accounted up to SEK1.19B and imports accounted up to SEK443M, resulting in a positive trade balance of SEK745M. Between September 2023 and September 2024 the exports of Sweden's   Other Heating Machinery have increased by SEK142M (13.6%) from SEK1.05B to SEK1.19B, while imports decreased by SEK-210M (-32.1%) from SEK653M to SEK443M.

Destinations In September 2024, Other Heating Machinery were exported mostly to United States (SEK203M), Germany (SEK95.5M), France (SEK56.2M), Brazil (SEK53.4M), and Poland (SEK51.5M), and were imported mostly from Germany (SEK74.1M), Italy (SEK58.3M), Denmark (SEK37.3M), Czechia (SEK34.9M), and France (SEK34.5M).

Growth In September 2024, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to China (SEK88.4M or 241%), United States (SEK29.2M or 52.4%), and France (SEK26.6M or 59.8%). In September 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Belgium (SEK-10.1M or -68.4%), United Kingdom (SEK-7.6M or -29.7%), and France (SEK-4.74M or -12.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK142M(13.6%)
IMPORT GROWTH (September 2023 - September 2024)SEK-210M(-32.1%)
MAIN EXPORTER (September 2024)undefined1.19B
MAIN DESTINATION (September 2024)United StatesSEK203M

This section shows Other Heating 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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.14B
IMPORTS (2022)$579M
NET TRADE (2022)$561M

In 2022, Sweden exported $1.14B in Other Heating Machinery. The main destinations of Sweden exports on Other Heating Machinery were Germany ($123M), United States ($94.9M), China ($77.2M), Italy ($67.8M), and United Kingdom ($60.6M).

In 2022, Sweden imported $579M in Other Heating Machinery, mainly from Germany ($92.8M), Italy ($73.8M), China ($43.4M), United Kingdom ($40.5M), and Denmark ($39.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United Kingdom$18.6M (44.4%)
Brazil$13.2M (151%)
United States$13.1M (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Sweden WERE (2021 - 2022):
Switzerland-$17.8M (-42.4%)
Russia-$13.9M (-84%)
Denmark-$11M (-15.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Other Heating Machinery were:
China $8.12B
Germany $5.79B
United States $4.51B
In 2022, Sweden's main importing competitors in Other Heating Machinery were:
United States $7.45B
Germany $3.38B
China $2.56B

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.5M
TOP IMPORT POTENTIALChina+ $27.5M

Other Heating Machinery’s highest export potential is United States. With an export gap of $51.5M.   Other Heating Machinery’s highest import potential is China with an import gap of $27.5M.

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