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2022
Exports $8.2MWorld Rnk 20 / 166
Flag Rnk 673 / 1212
2022
Destination $1.05M Estonia
2021 - 2022
FASTEST GROWING MARKET $1.05MBulgaria
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery1.33Rnk 87 / 1025
2022
Imports $10.6MWorld Rnk 30 / 214
Flag Rnk 775 / 1213
2022
Origin $948k Germany
2021 - 2022
FASTEST GROWING ORIGIN $948kUnited Kingdom
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $8.2M in Soldering and Welding Machinery, making it the 20th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 673rd most exported product in Sweden. The main destination of Soldering and Welding Machinery exports from Sweden are: Estonia ($1.65M), Norway ($1.6M), Bulgaria ($1.13M), Finland ($609k), and Belgium ($554k).

The fastest growing export markets for Soldering and Welding Machinery of Sweden between 2021 and 2022 were Bulgaria ($1.05M), Norway ($294k), and France ($247k).

Imports In 2022, Sweden imported $10.6M in Soldering and Welding Machinery, becoming the 30th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 775th most imported product in Sweden. Sweden imports Soldering and Welding Machinery primarily from: Germany ($2.42M), United Kingdom ($1.82M), Austria ($1.72M), China ($1.66M), and Czechia ($929k).

The fastest growing import markets in Soldering and Welding Machinery for Sweden between 2021 and 2022 were United Kingdom ($948k), Germany ($135k), and Ireland ($73.7k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Soldering and Welding Machinery exports accounted up to SEK5.92M and imports accounted up to SEK4.75M, resulting in a positive trade balance of SEK1.17M. Between August 2023 and August 2024 the exports of Sweden's   Soldering and Welding Machinery have increased by SEK915k (18.3%) from SEK5M to SEK5.92M, while imports decreased by SEK-662k (-12.2%) from SEK5.41M to SEK4.75M.

Destinations In August 2024, Soldering and Welding Machinery were exported mostly to Estonia (SEK2.24M), Norway (SEK1.13M), Latvia (SEK889k), Finland (SEK451k), and Czechia (SEK355k), and were imported mostly from China (SEK2.24M), Germany (SEK666k), Czechia (SEK604k), Austria (SEK562k), and Norway (SEK336k).

Growth In August 2024, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to Estonia (SEK746k or 50.2%), United States (SEK261k or 2.01k%), and Denmark (SEK113k or 72.9%). In August 2024, the decrease in Soldering and Welding Machinery's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-557k or -96.4%), China (SEK-303k or -14.4%), and United Kingdom (SEK-41k or -23.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK915k(18.3%)
IMPORT GROWTH (August 2023 - August 2024)SEK-662k(-12.2%)
MAIN EXPORTER (August 2024)undefined7.52M
MAIN DESTINATION (August 2024)EstoniaSEK2.24M

This section shows Soldering and Welding 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 Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.2M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$2.39M

In 2022, Sweden exported $8.2M in Soldering and Welding Machinery. The main destinations of Sweden exports on Soldering and Welding Machinery were Estonia ($1.65M), Norway ($1.6M), Bulgaria ($1.13M), Finland ($609k), and Belgium ($554k).

In 2022, Sweden imported $10.6M in Soldering and Welding Machinery, mainly from Germany ($2.42M), United Kingdom ($1.82M), Austria ($1.72M), China ($1.66M), and Czechia ($929k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Bulgaria$1.05M (1.4k%)
Norway$294k (22.5%)
France$247k (353%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Sweden WERE (2021 - 2022):
Malaysia-$2.06M (-99.8%)
Belgium-$539k (-49.3%)
Estonia-$444k (-21.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Soldering and Welding Machinery were:
China $328M
Germany $105M
United States $80.1M
In 2022, Sweden's main importing competitors in Soldering and Welding Machinery were:
United States $183M
Germany $58.6M
Mexico $48M

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $334k
TOP IMPORT POTENTIALChina+ $609k

Soldering and Welding Machinery’s highest export potential is United States. With an export gap of $334k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $609k.

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