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2022
Exports $11.2MWorld Rnk 14 / 184
Flag Rnk 619 / 1212
2022
Destination $729k Norway
2021 - 2022
FASTEST GROWING MARKET $729kSpain
2022
PRODUCT COMPLEXITY IN Tool Sets0.9Rnk 208 / 1025
2022
Imports $20.2MWorld Rnk 21 / 218
Flag Rnk 663 / 1213
2022
Origin $1.22M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $1.22MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $11.2M in Tool Sets, making it the 14th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 619th most exported product in Sweden. The main destination of Tool Sets exports from Sweden are: Norway ($3.23M), France ($1.13M), Finland ($994k), Denmark ($895k), and Spain ($793k).

The fastest growing export markets for Tool Sets of Sweden between 2021 and 2022 were Spain ($729k), United States ($299k), and Belgium ($195k).

Imports In 2022, Sweden imported $20.2M in Tool Sets, becoming the 21st largest importer of Tool Sets in the world. At the same year, Tool Sets was the 663rd most imported product in Sweden. Sweden imports Tool Sets primarily from: Chinese Taipei ($8.89M), China ($6.05M), Germany ($1.62M), Netherlands ($1.14M), and Italy ($324k).

The fastest growing import markets in Tool Sets for Sweden between 2021 and 2022 were China ($1.22M), Italy ($271k), and India ($160k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Tool Sets exports accounted up to SEK8.49M and imports accounted up to SEK8.61M, resulting in a negative trade balance of SEK120k. Between August 2023 and August 2024 the exports of Sweden's   Tool Sets have decreased by SEK-2.57M (-23.3%) from SEK11.1M to SEK8.49M, while imports decreased by SEK-6.31M (-42.3%) from SEK14.9M to SEK8.61M.

Destinations In August 2024, Tool Sets were exported mostly to Norway (SEK2.47M), Poland (SEK1.14M), Denmark (SEK1.06M), Finland (SEK789k), and Belgium (SEK692k), and were imported mostly from China (SEK3M), Chinese Taipei (SEK2.6M), Netherlands (SEK1.36M), Germany (SEK526k), and Spain (SEK260k).

Growth In August 2024, the decrease in Tool Sets's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-748k or -29.5%), Poland (SEK-602k or -76.2%), and United States (SEK-309k or -70.9%). In August 2024, the decrease in Tool Sets's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-853k or -58.5%), South Korea (SEK-456k or -97.9%), and China (SEK-284k or -10.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-2.57M(-23.3%)
IMPORT GROWTH (August 2023 - August 2024)SEK-6.31M(-42.3%)
MAIN EXPORTER (August 2024)undefined8.49M
MAIN DESTINATION (August 2024)NorwaySEK2.47M

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 (2022)$11.2M
IMPORTS (2022)$20.2M
NET TRADE (2022)-$8.99M

In 2022, Sweden exported $11.2M in Tool Sets. The main destinations of Sweden exports on Tool Sets were Norway ($3.23M), France ($1.13M), Finland ($994k), Denmark ($895k), and Spain ($793k).

In 2022, Sweden imported $20.2M in Tool Sets, mainly from Chinese Taipei ($8.89M), China ($6.05M), Germany ($1.62M), Netherlands ($1.14M), and Italy ($324k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Spain$729k (1.14k%)
United States$299k (84%)
Belgium$195k (35.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Sweden WERE (2021 - 2022):
Finland-$368k (-27%)
Norway-$313k (-8.83%)
Russia-$286k (-83.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Tool Sets were:
China $777M
Chinese Taipei $222M
Germany $143M
In 2022, Sweden's main importing competitors in Tool Sets were:
Germany $157M
United States $150M
Netherlands $104M

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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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