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2023
Exports $75.5MWorld Rnk 28 / 182
Flag Rnk 292 / 1210
2023
Destination $5.05M Germany
2022 - 2023
FASTEST GROWING MARKET $5.05MIndia
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery1.68Rnk 24 / 1025
2023
Imports $125MWorld Rnk 46 / 216
Flag Rnk 260 / 1213
2023
Origin $11.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $11.9MSlovakia
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $75.5M in Rubberworking Machinery, making it the 28th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 292nd most exported product in Sweden. The main destination of Rubberworking Machinery exports from Sweden are: Germany ($7.67M), India ($5.76M), Denmark ($4.95M), United States ($4.84M), and France ($4.74M).

The fastest growing export markets for Rubberworking Machinery of Sweden between 2022 and 2023 were India ($5.05M), Austria ($2.33M), and Poland ($2.16M).

Imports In 2023, Sweden imported $125M in Rubberworking Machinery, becoming the 46th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 260th most imported product in Sweden. Sweden imports Rubberworking Machinery primarily from: Germany ($28.5M), Austria ($20M), China ($18.3M), Slovakia ($14.3M), and Italy ($9.92M).

The fastest growing import markets in Rubberworking Machinery for Sweden between 2022 and 2023 were Slovakia ($11.9M), Switzerland ($3.48M), and China ($2.44M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Rubberworking Machinery exports accounted up to SEK70.1M and imports accounted up to SEK64.4M, resulting in a positive trade balance of SEK5.7M. Between October 2023 and October 2024 the exports of Sweden's   Rubberworking Machinery have decreased by SEK-16.1M (-18.7%) from SEK86.2M to SEK70.1M, while imports decreased by SEK-60.4M (-48.4%) from SEK125M to SEK64.4M.

Destinations In October 2024, Rubberworking Machinery were exported mostly to Mexico (SEK12.8M), United States (SEK8.85M), Germany (SEK8.35M), Italy (SEK8.16M), and Finland (SEK6.47M), and were imported mostly from Germany (SEK27.4M), Austria (SEK12.9M), Denmark (SEK8.22M), Italy (SEK3.3M), and Japan (SEK2.61M).

Growth In October 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to Singapore (SEK-2.93M or -99.2%), China (SEK-2.79M or -82%), and Ireland (SEK-2.12M or -91.6%). In October 2024, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Italy (SEK-8.03M or -81.2%), Germany (SEK-2.17M or -11.4%), and Turkey (SEK-1.13M or -51.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-16.1M(-18.7%)
IMPORT GROWTH (October 2023 - October 2024)SEK-60.4M(-48.4%)
MAIN EXPORTER (October 2024)undefined78.8M
MAIN DESTINATION (October 2024)MexicoSEK12.8M

This section shows Rubberworking 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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$75.5M
IMPORTS (2023)$125M
NET TRADE (2023)-$49.9M

In 2023, Sweden exported $75.5M in Rubberworking Machinery. The main destinations of Sweden exports on Rubberworking Machinery were Germany ($7.67M), India ($5.76M), Denmark ($4.95M), United States ($4.84M), and France ($4.74M).

In 2023, Sweden imported $125M in Rubberworking Machinery, mainly from Germany ($28.5M), Austria ($20M), China ($18.3M), Slovakia ($14.3M), and Italy ($9.92M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
India$5.05M (714%)
Austria$2.33M (133%)
Poland$2.16M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Sweden WERE (2022 - 2023):
United States-$4.3M (-47%)
Denmark-$1.98M (-28.6%)
Germany-$1.8M (-19%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Sweden's main importing competitors in Rubberworking Machinery were:
United States $3.68B
China $3.11B
Mexico $1.64B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.37M
TOP IMPORT POTENTIALChina+ $7.59M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $7.37M.   Rubberworking Machinery’s highest import potential is China with an import gap of $7.59M.

See methodology.

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