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2022
Exports $1.62MWorld Rnk 43 / 130
Flag Rnk 903 / 1212
2022
Destination $82.8k United States
2021 - 2022
FASTEST GROWING MARKET $82.8kPhilippines
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $7.37MWorld Rnk 38 / 175
Flag Rnk 843 / 1213
2022
Origin $833k Germany
2021 - 2022
FASTEST GROWING ORIGIN $833kGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $1.62M in Tobacco Processing Machines, making it the 43rd largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 903rd most exported product in Sweden. The main destination of Tobacco Processing Machines exports from Sweden are: United States ($752k), Italy ($304k), Hungary ($102k), Philippines ($82.8k), and Poland ($73.3k).

The fastest growing export markets for Tobacco Processing Machines of Sweden between 2021 and 2022 were Philippines ($82.8k), Italy ($66.6k), and Poland ($58.3k).

Imports In 2022, Sweden imported $7.37M in Tobacco Processing Machines, becoming the 38th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 843rd most imported product in Sweden. Sweden imports Tobacco Processing Machines primarily from: Germany ($6.18M), Italy ($474k), Norway ($442k), Denmark ($115k), and Netherlands ($44.1k).

The fastest growing import markets in Tobacco Processing Machines for Sweden between 2021 and 2022 were Germany ($833k), Norway ($442k), and Hungary ($19.7k).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Tobacco Processing Machines exports accounted up to SEK120k and imports accounted up to SEK11M, resulting in a negative trade balance of SEK10.9M. Between July 2023 and July 2024 the exports of Sweden's   Tobacco Processing Machines have decreased by SEK-570k (-82.6%) from SEK690k to SEK120k, while imports increased by SEK7.65M (230%) from SEK3.33M to SEK11M.

Destinations In July 2024, Tobacco Processing Machines were exported mostly to United States (SEK119k) and Poland (SEK1k), and were imported mostly from Germany (SEK7.93M), Italy (SEK2.76M), Netherlands (SEK131k), United Kingdom (SEK87k), and Denmark (SEK65k).

Growth In July 2024, the decrease in Tobacco Processing Machines's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-90k or -64.7%). In July 2024, the increase in Tobacco Processing Machines's year-by-year imports was explained primarily by an increase in imports from Germany (SEK2.6M or 80%), Italy (SEK202k or 215%), and Denmark (SEK7k or 350%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-570k(-82.6%)
IMPORT GROWTH (July 2023 - July 2024)SEK7.65M(230%)
MAIN EXPORTER (July 2024)undefined3.35M
MAIN DESTINATION (July 2024)United StatesSEK119k

This section shows Tobacco Processing Machines'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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.62M
IMPORTS (2022)$7.37M
NET TRADE (2022)-$5.75M

In 2022, Sweden exported $1.62M in Tobacco Processing Machines. The main destinations of Sweden exports on Tobacco Processing Machines were United States ($752k), Italy ($304k), Hungary ($102k), Philippines ($82.8k), and Poland ($73.3k).

In 2022, Sweden imported $7.37M in Tobacco Processing Machines, mainly from Germany ($6.18M), Italy ($474k), Norway ($442k), Denmark ($115k), and Netherlands ($44.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Philippines$82.8k (1%)
Italy$66.6k (28.1%)
Poland$58.3k (389%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Sweden WERE (2021 - 2022):
Hungary-$575k (-84.9%)
Saudi Arabia-$424k (-99.1%)
Norway-$226k (-95%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, Sweden's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $66.8k
TOP IMPORT POTENTIALItaly+ $269k

Tobacco Processing Machines’s highest export potential is United States. With an export gap of $66.8k.   Tobacco Processing Machines’s highest import potential is Italy with an import gap of $269k.

See methodology.

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