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2023
Exports $6.7MWorld Rnk 19 / 187
Flag Rnk 686 / 1210
2023
Destination $670k Norway
2022 - 2023
FASTEST GROWING MARKET $670kNorway
2023
PRODUCT COMPLEXITY IN Tool Sets1.14Rnk 126 / 1025
2023
Imports $14.9MWorld Rnk 22 / 219
Flag Rnk 704 / 1213
2023
Origin $577k Chinese Taipei
2022 - 2023
FASTEST GROWING ORIGIN $577kNetherlands
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $6.7M in Tool Sets, making it the 19th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 686th most exported product in Sweden. The main destination of Tool Sets exports from Sweden are: Norway ($1.16M), Denmark ($1.01M), France ($828k), Italy ($530k), and Brazil ($465k).

The fastest growing export markets for Tool Sets of Sweden between 2022 and 2023 were Norway ($670k), United Arab Emirates ($175k), and Chinese Taipei ($137k).

Imports In 2023, Sweden imported $14.9M in Tool Sets, becoming the 22nd largest importer of Tool Sets in the world. At the same year, Tool Sets was the 704th most imported product in Sweden. Sweden imports Tool Sets primarily from: Chinese Taipei ($4.56M), China ($3.88M), Germany ($1.78M), Netherlands ($1.55M), and United Kingdom ($1.06M).

The fastest growing import markets in Tool Sets for Sweden between 2022 and 2023 were Netherlands ($577k), Indonesia ($161k), and Germany ($156k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Tool Sets exports accounted up to SEK12.2M and imports accounted up to SEK18.5M, resulting in a negative trade balance of SEK6.31M. Between November 2023 and November 2024 the exports of Sweden's   Tool Sets have increased by SEK3.02M (32.8%) from SEK9.21M to SEK12.2M, while imports increased by SEK4.09M (28.3%) from SEK14.5M to SEK18.5M.

Destinations In November 2024, Tool Sets were exported mostly to Norway (SEK5.82M), Finland (SEK1.44M), Poland (SEK1.2M), Denmark (SEK1.06M), and Belgium (SEK719k), and were imported mostly from China (SEK4.51M), Chinese Taipei (SEK3.5M), Belgium (SEK3.33M), Netherlands (SEK2.35M), and United Kingdom (SEK1.08M).

Growth In November 2024, the increase in Tool Sets's year-by-year exports was explained primarily by an increase in exports to Switzerland (SEK1.64M or 13.7k%), France (SEK631k or 212%), and Denmark (SEK334k or 69.6%). In November 2024, the increase in Tool Sets's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (SEK1.77M or 66.3%), United Kingdom (SEK732k or 289%), and Italy (SEK627k or 108%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK3.02M(32.8%)
IMPORT GROWTH (November 2023 - November 2024)SEK4.09M(28.3%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NorwaySEK5.82M

This section shows Tool Sets'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 Tool Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.7M
IMPORTS (2023)$14.9M
NET TRADE (2023)-$8.22M

In 2023, Sweden exported $6.7M in Tool Sets. The main destinations of Sweden exports on Tool Sets were Norway ($1.16M), Denmark ($1.01M), France ($828k), Italy ($530k), and Brazil ($465k).

In 2023, Sweden imported $14.9M in Tool Sets, mainly from Chinese Taipei ($4.56M), China ($3.88M), Germany ($1.78M), Netherlands ($1.55M), and United Kingdom ($1.06M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Norway$670k (138%)
United Arab Emirates$175k (803%)
Chinese Taipei$137k (5.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Sweden WERE (2022 - 2023):
France-$906k (-52.3%)
Belgium-$645k (-73%)
Spain-$642k (-94.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Tool Sets were:
China $606M
Chinese Taipei $158M
Germany $147M
In 2023, Sweden's main importing competitors in Tool Sets were:
Germany $114M
Russia $114M
France $93.7M

Explore Visualizations

Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $319k
TOP IMPORT POTENTIALGermany+ $305k

Tool Sets’s highest export potential is United States. With an export gap of $319k.   Tool Sets’s highest import potential is Germany with an import gap of $305k.

See methodology.

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