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2023
Exports $192MWorld Rnk 40 / 207
Flag Rnk 168 / 1210
2023
Destination $9.23M Belgium
2022 - 2023
FASTEST GROWING MARKET $9.23MDenmark
2023
PRODUCT COMPLEXITY IN Rubber Tires0.23Rnk 486 / 1025
2023
Imports $976MWorld Rnk 21 / 225
Flag Rnk 24 / 1213
2023
Origin $25.6M Germany
2022 - 2023
FASTEST GROWING ORIGIN $25.6MFrance
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $192M in Rubber Tires, making it the 40th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 168th most exported product in Sweden. The main destination of Rubber Tires exports from Sweden are: Belgium ($58.1M), Denmark ($50.6M), Finland ($47M), Netherlands ($6.4M), and Latvia ($6.09M).

The fastest growing export markets for Rubber Tires of Sweden between 2022 and 2023 were Denmark ($9.23M), Belgium ($5.77M), and Netherlands ($4.39M).

Imports In 2023, Sweden imported $976M in Rubber Tires, becoming the 21st largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 24th most imported product in Sweden. Sweden imports Rubber Tires primarily from: Germany ($117M), Japan ($113M), Belgium ($96.5M), Finland ($89.5M), and China ($87.4M).

The fastest growing import markets in Rubber Tires for Sweden between 2022 and 2023 were France ($25.6M), Hungary ($5.88M), and Spain ($4.14M).

COMPANIES In 2023, leading companies such as Volvo (23) and John Deere (1) were at the forefront of shipping Rubber Tires from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Rubber Tires exports accounted up to SEK176M and imports accounted up to SEK891M, resulting in a negative trade balance of SEK716M. Between November 2023 and November 2024 the exports of Sweden's   Rubber Tires have decreased by SEK-913k (-0.52%) from SEK177M to SEK176M, while imports increased by SEK162M (22.2%) from SEK729M to SEK891M.

Destinations In November 2024, Rubber Tires were exported mostly to Denmark (SEK50.8M), Norway (SEK49.5M), Finland (SEK39M), Iceland (SEK8.38M), and Estonia (SEK4.56M), and were imported mostly from Finland (SEK132M), China (SEK94.2M), Germany (SEK86.3M), France (SEK67.5M), and Belgium (SEK66.5M).

Growth In November 2024, the decrease in Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-22.7M or -53.5%), Latvia (SEK-5.91M or -85.5%), and Germany (SEK-2.19M or -43.7%). In November 2024, the increase in Rubber Tires's year-by-year imports was explained primarily by an increase in imports from China (SEK27.3M or 44.3%), Thailand (SEK22.7M or 782%), and Japan (SEK15.3M or 99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-913k(-0.52%)
IMPORT GROWTH (November 2023 - November 2024)SEK162M(22.2%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)DenmarkSEK50.8M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$192M
IMPORTS (2023)$976M
NET TRADE (2023)-$784M

In 2023, Sweden exported $192M in Rubber Tires. The main destinations of Sweden exports on Rubber Tires were Belgium ($58.1M), Denmark ($50.6M), Finland ($47M), Netherlands ($6.4M), and Latvia ($6.09M).

In 2023, Sweden imported $976M in Rubber Tires, mainly from Germany ($117M), Japan ($113M), Belgium ($96.5M), Finland ($89.5M), and China ($87.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Denmark$9.23M (22.3%)
Belgium$5.77M (11%)
Netherlands$4.39M (218%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Sweden WERE (2022 - 2023):
Finland-$9.13M (-16.3%)
Poland-$3.22M (-65.7%)
Norway-$2.59M (-37.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Rubber Tires were:
China $21.1B
Thailand $7.45B
Japan $6.54B
In 2023, Sweden's main importing competitors in Rubber Tires were:
United States $19.4B
Germany $7.76B
France $4.79B

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.11M
TOP IMPORT POTENTIALChina+ $57.1M

Rubber Tires’s highest export potential is Germany. With an export gap of $6.11M.   Rubber Tires’s highest import potential is China with an import gap of $57.1M.

See methodology.

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