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2023
Exports $405MWorld Rnk 8 / 174
Flag Rnk 93 / 1210
2023
Destination $15.4M Germany
2022 - 2023
FASTEST GROWING MARKET $15.4MGermany
2023
PRODUCT COMPLEXITY IN Soil Preparation Machinery0.69Rnk 286 / 1025
2023
Imports $128MWorld Rnk 23 / 215
Flag Rnk 256 / 1213
2023
Origin $5.15M Germany
2022 - 2023
FASTEST GROWING ORIGIN $5.15MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $405M in Soil Preparation Machinery, making it the 8th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 93rd most exported product in Sweden. The main destination of Soil Preparation Machinery exports from Sweden are: Germany ($53.5M), Poland ($41.3M), France ($33.4M), Bulgaria ($32.3M), and United Kingdom ($24.9M).

The fastest growing export markets for Soil Preparation Machinery of Sweden between 2022 and 2023 were Germany ($15.4M), France ($14.1M), and Poland ($8.57M).

Imports In 2023, Sweden imported $128M in Soil Preparation Machinery, becoming the 23rd largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 256th most imported product in Sweden. Sweden imports Soil Preparation Machinery primarily from: Germany ($21.3M), Denmark ($17.9M), Norway ($15.3M), China ($9.82M), and France ($8.23M).

The fastest growing import markets in Soil Preparation Machinery for Sweden between 2022 and 2023 were Germany ($5.15M), Belgium ($2.65M), and Turkey ($1.42M).

COMPANIES In 2023, leading companies such as John Deere (13) and ABB Motors and Mechanical (1) were at the forefront of shipping Soil Preparation Machinery from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Soil Preparation Machinery exports accounted up to SEK182M and imports accounted up to SEK77.4M, resulting in a positive trade balance of SEK105M. Between October 2023 and October 2024 the exports of Sweden's   Soil Preparation Machinery have decreased by SEK-139M (-43.3%) from SEK322M to SEK182M, while imports decreased by SEK-17M (-18%) from SEK94.5M to SEK77.4M.

Destinations In October 2024, Soil Preparation Machinery were exported mostly to Germany (SEK27M), Ukraine (SEK23.4M), Poland (SEK17M), United Kingdom (SEK13.8M), and France (SEK12.1M), and were imported mostly from Germany (SEK26M), Denmark (SEK12.5M), Norway (SEK8.48M), China (SEK4.82M), and France (SEK4.54M).

Growth In October 2024, the decrease in Soil Preparation Machinery's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-47.2M or -93.5%), Ukraine (SEK-30M or -57.2%), and China (SEK-4.93M or -99.7%). In October 2024, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-5.65M or -74.6%), Finland (SEK-4.74M or -42.8%), and China (SEK-3.17M or -18.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-139M(-43.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK-17M(-18%)
MAIN EXPORTER (October 2024)undefined480M
MAIN DESTINATION (October 2024)GermanySEK27M

This section shows Soil Preparation 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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$405M
IMPORTS (2023)$128M
NET TRADE (2023)$277M

In 2023, Sweden exported $405M in Soil Preparation Machinery. The main destinations of Sweden exports on Soil Preparation Machinery were Germany ($53.5M), Poland ($41.3M), France ($33.4M), Bulgaria ($32.3M), and United Kingdom ($24.9M).

In 2023, Sweden imported $128M in Soil Preparation Machinery, mainly from Germany ($21.3M), Denmark ($17.9M), Norway ($15.3M), China ($9.82M), and France ($8.23M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$15.4M (40.5%)
France$14.1M (73.2%)
Poland$8.57M (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Sweden WERE (2022 - 2023):
Russia-$17.6M (-87.1%)
Hungary-$14.2M (-42.5%)
Ukraine-$3.65M (-21.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Soil Preparation Machinery were:
Germany $2.41B
China $1.1B
Italy $946M
In 2023, Sweden's main importing competitors in Soil Preparation Machinery were:
United States $1.44B
France $976M
Germany $914M

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.04M
TOP IMPORT POTENTIALGermany+ $5.75M

Soil Preparation Machinery’s highest export potential is France. With an export gap of $7.04M.   Soil Preparation Machinery’s highest import potential is Germany with an import gap of $5.75M.

See methodology.

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