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2022
Exports $62.2MWorld Rnk 22 / 197
Flag Rnk 333 / 1212
2022
Destination $2.1M Norway
2021 - 2022
FASTEST GROWING MARKET $2.1MSouth Korea
2022
PRODUCT COMPLEXITY IN Pulley Systems0.82Rnk 238 / 1025
2022
Imports $103MWorld Rnk 23 / 218
Flag Rnk 317 / 1213
2022
Origin $3.07M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.07MSlovakia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $62.2M in Pulley Systems, making it the 22nd largest exporter of Pulley Systems in the world. At the same year, Pulley Systems was the 333rd most exported product in Sweden. The main destination of Pulley Systems exports from Sweden are: Norway ($10.4M), Finland ($5.44M), Germany ($5.02M), United States ($4.83M), and Netherlands ($4.7M).

The fastest growing export markets for Pulley Systems of Sweden between 2021 and 2022 were South Korea ($2.1M), Czechia ($1.1M), and Japan ($853k).

Imports In 2022, Sweden imported $103M in Pulley Systems, becoming the 23rd largest importer of Pulley Systems in the world. At the same year, Pulley Systems was the 317th most imported product in Sweden. Sweden imports Pulley Systems primarily from: Germany ($22.8M), China ($18.9M), France ($15.4M), Italy ($10.8M), and Denmark ($6.19M).

The fastest growing import markets in Pulley Systems for Sweden between 2021 and 2022 were Slovakia ($3.07M), Denmark ($1.6M), and Germany ($1.41M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Pulley Systems exports accounted up to SEK59.8M and imports accounted up to SEK66.5M, resulting in a negative trade balance of SEK6.72M. Between May 2023 and May 2024 the exports of Sweden's   Pulley Systems have increased by SEK4.2M (7.56%) from SEK55.6M to SEK59.8M, while imports decreased by SEK-9.67M (-12.7%) from SEK76.2M to SEK66.5M.

Destinations In May 2024, Pulley Systems were exported mostly to Norway (SEK9.7M), Finland (SEK9.65M), China (SEK5.83M), United States (SEK4.02M), and United Kingdom (SEK3.89M), and were imported mostly from Germany (SEK19.1M), China (SEK11.6M), Italy (SEK10.5M), United States (SEK4.65M), and Netherlands (SEK4.14M).

Growth In May 2024, the increase in Pulley Systems's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK2.86M or 183%), Finland (SEK1.58M or 46.6%), and United States (SEK1.27M or 94.4%). In May 2024, the decrease in Pulley Systems's year-by-year imports was explained primarily by a decrease in imports from China (SEK-11.2M or -55.7%), Japan (SEK-1.61M or -93.3%), and Hong Kong (SEK-1.12M or -93.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK4.2M(7.56%)
IMPORT GROWTH (May 2023 - May 2024)SEK-9.67M(-12.7%)
MAIN EXPORTER (May 2024)undefined69.8M
MAIN DESTINATION (May 2024)NorwaySEK9.7M

This section shows Pulley Systems'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 Pulley Systems over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$62.2M
IMPORTS (2022)$103M
NET TRADE (2022)-$41.2M

In 2022, Sweden exported $62.2M in Pulley Systems. The main destinations of Sweden exports on Pulley Systems were Norway ($10.4M), Finland ($5.44M), Germany ($5.02M), United States ($4.83M), and Netherlands ($4.7M).

In 2022, Sweden imported $103M in Pulley Systems, mainly from Germany ($22.8M), China ($18.9M), France ($15.4M), Italy ($10.8M), and Denmark ($6.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pulley Systems EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
South Korea$2.1M (266%)
Czechia$1.1M (155%)
Japan$853k (375%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pulley Systems BY Sweden WERE (2021 - 2022):
Denmark-$6.67M (-66.2%)
Austria-$2.96M (-52.4%)
Norway-$2.51M (-19.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Pulley Systems were:
China $2.92B
Germany $815M
Italy $566M
In 2022, Sweden's main importing competitors in Pulley Systems were:
United States $1.67B
Germany $518M
Canada $442M

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Trade Value of Pulley Systems by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.13M
TOP IMPORT POTENTIALChina+ $5.87M

Pulley Systems’s highest export potential is United States. With an export gap of $4.13M.   Pulley Systems’s highest import potential is China with an import gap of $5.87M.

See methodology.

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