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2022
Exports $76.4MWorld Rnk 28 / 187
Flag Rnk 300 / 1212
2022
Destination $3.49M United States
2021 - 2022
FASTEST GROWING MARKET $3.49MMexico
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery1.71Rnk 22 / 1025
2022
Imports $107MWorld Rnk 52 / 213
Flag Rnk 311 / 1213
2022
Origin $2.84M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.84MAustria
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $76.4M in Rubberworking Machinery, making it the 28th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 300th most exported product in Sweden. The main destination of Rubberworking Machinery exports from Sweden are: United States ($13.5M), Germany ($8.91M), Norway ($5.36M), Denmark ($5.28M), and Mexico ($3.93M).

The fastest growing export markets for Rubberworking Machinery of Sweden between 2021 and 2022 were Mexico ($3.49M), United States ($1.69M), and Poland ($1.4M).

Imports In 2022, Sweden imported $107M in Rubberworking Machinery, becoming the 52nd largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 311th most imported product in Sweden. Sweden imports Rubberworking Machinery primarily from: Germany ($31.2M), Austria ($19.1M), China ($15.6M), Italy ($10.1M), and Turkey ($3.14M).

The fastest growing import markets in Rubberworking Machinery for Sweden between 2021 and 2022 were Austria ($2.84M), Turkey ($1.34M), and China ($1.01M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Rubberworking Machinery exports accounted up to SEK44.9M and imports accounted up to SEK159M, resulting in a negative trade balance of SEK114M. Between May 2023 and May 2024 the exports of Sweden's   Rubberworking Machinery have decreased by SEK-12.2M (-21.4%) from SEK57.2M to SEK44.9M, while imports increased by SEK100M (173%) from SEK58.1M to SEK159M.

Destinations In May 2024, Rubberworking Machinery were exported mostly to United States (SEK5.04M), Germany (SEK4.6M), China (SEK3.21M), Italy (SEK2.7M), and Turkey (SEK2.25M), and were imported mostly from Italy (SEK48.5M), Denmark (SEK35.3M), Germany (SEK28.7M), United States (SEK9.69M), and Poland (SEK9.54M).

Growth In May 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 May 2024, the increase in Rubberworking Machinery's year-by-year imports was explained primarily by an increase in imports from Austria (SEK21.7M or 201%), United States (SEK4.81M or 725%), and Switzerland (SEK1.54M or 1.28k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-12.2M(-21.4%)
IMPORT GROWTH (May 2023 - May 2024)SEK100M(173%)
MAIN EXPORTER (May 2024)undefined72.3M
MAIN DESTINATION (May 2024)United StatesSEK5.04M

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 (2022)$76.4M
IMPORTS (2022)$107M
NET TRADE (2022)-$30.1M

In 2022, Sweden exported $76.4M in Rubberworking Machinery. The main destinations of Sweden exports on Rubberworking Machinery were United States ($13.5M), Germany ($8.91M), Norway ($5.36M), Denmark ($5.28M), and Mexico ($3.93M).

In 2022, Sweden imported $107M in Rubberworking Machinery, mainly from Germany ($31.2M), Austria ($19.1M), China ($15.6M), Italy ($10.1M), and Turkey ($3.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Mexico$3.49M (785%)
United States$1.69M (14.3%)
Poland$1.4M (175%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Sweden WERE (2021 - 2022):
Italy-$2.87M (-51.1%)
Austria-$2M (-50.7%)
France-$1.27M (-33.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Germany $5.5B
Japan $2.29B
In 2022, Sweden's main importing competitors in Rubberworking Machinery were:
United States $4B
China $2.82B
Germany $1.66B

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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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