Spark-Ignition Engines in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $290M in Spark-Ignition Engines, making it the 23rd largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 133rd most exported product in Sweden. The main destination of Spark-Ignition Engines exports from Sweden are: Belgium ($161M), China ($59.4M), United States ($34.9M), Brazil ($5.38M), and Poland ($4.04M).

The fastest growing export markets for Spark-Ignition Engines of Sweden between 2021 and 2022 were Belgium ($25.8M), Brazil ($3M), and Australia ($1.17M).

Imports In 2022, Sweden imported $92.5M in Spark-Ignition Engines, becoming the 50th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 348th most imported product in Sweden. Sweden imports Spark-Ignition Engines primarily from: Belgium ($31.7M), Germany ($16.8M), Japan ($14.3M), United States ($7.76M), and Finland ($4.32M).

The fastest growing import markets in Spark-Ignition Engines for Sweden between 2021 and 2022 were Japan ($2.83M), Finland ($2.83M), and Thailand ($1.06M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spark-Ignition Engines from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Spark-Ignition Engines exports accounted up to SEK338M and imports accounted up to SEK23M, resulting in a positive trade balance of SEK315M. Between December 2022 and December 2023 the exports of Sweden's Spark-Ignition Engines have increased by SEK67.4M (24.9%) from SEK271M to SEK338M, while imports decreased by SEK-33.3M (-59.2%) from SEK56.3M to SEK23M.

Destinations In December 2023, Spark-Ignition Engines were exported mostly to Belgium (SEK171M), China (SEK75.9M), United States (SEK72.9M), Poland (SEK2.83M), and Italy (SEK2.2M), and were imported mostly from Belgium (SEK10.7M), Germany (SEK3.66M), United States (SEK1.75M), Netherlands (SEK1.38M), and Switzerland (SEK1.27M).

Growth In December 2023, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to China (SEK48.5M or 101%), United States (SEK9.07M or 125%), and Belgium (SEK7.1M or 5.73%). In December 2023, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Belgium (SEK-7.39M or -37.6%), China (SEK-4.6M or -84.5%), and Germany (SEK-3.96M or -27.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK67.4M(24.9%)

IMPORT GROWTH (December 2022 - December 2023)SEK-33.3M(-59.2%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)BelgiumSEK171M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$290M

IMPORTS (2022)$92.5M

NET TRADE (2022)$197M

In 2022, Sweden exported $290M in Spark-Ignition Engines. The main destinations of Sweden exports on Spark-Ignition Engines were Belgium ($161M), China ($59.4M), United States ($34.9M), Brazil ($5.38M), and Poland ($4.04M).

In 2022, Sweden imported $92.5M in Spark-Ignition Engines, mainly from Belgium ($31.7M), Germany ($16.8M), Japan ($14.3M), United States ($7.76M), and Finland ($4.32M).

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