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2023
Exports $2.99BWorld Rnk 9 / 168
Flag Rnk 11 / 1210
2023
Destination $151M Italy
2022 - 2023
FASTEST GROWING MARKET $151MGermany
2023
PRODUCT COMPLEXITY IN Tractors0.83Rnk 239 / 1025
2023
Imports $417MWorld Rnk 36 / 214
Flag Rnk 88 / 1213
2023
Origin $27.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $27.3MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $2.99B in Tractors, making it the 9th largest exporter of Tractors in the world. At the same year, Tractors was the 11th most exported product in Sweden. The main destination of Tractors exports from Sweden are: Italy ($451M), United Kingdom ($315M), Germany ($230M), Norway ($147M), and Netherlands ($126M).

The fastest growing export markets for Tractors of Sweden between 2022 and 2023 were Germany ($151M), Italy ($143M), and United Kingdom ($121M).

Imports In 2023, Sweden imported $417M in Tractors, becoming the 36th largest importer of Tractors in the world. At the same year, Tractors was the 88th most imported product in Sweden. Sweden imports Tractors primarily from: Germany ($133M), China ($53.4M), Finland ($52.2M), France ($37.1M), and Netherlands ($30.8M).

The fastest growing import markets in Tractors for Sweden between 2022 and 2023 were Germany ($27.3M), Austria ($11.4M), and Netherlands ($10.9M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Tractors exports accounted up to SEK148M and imports accounted up to SEK260M, resulting in a negative trade balance of SEK111M. Between October 2023 and October 2024 the exports of Sweden's   Tractors have increased by SEK40M (36.9%) from SEK108M to SEK148M, while imports decreased by SEK-55.1M (-17.5%) from SEK315M to SEK260M.

Destinations In October 2024, Tractors were exported mostly to Poland (SEK54.9M), Norway (SEK27.1M), Germany (SEK18.5M), Finland (SEK12M), and Estonia (SEK7.73M), and were imported mostly from China (SEK68.3M), Germany (SEK64.3M), France (SEK26.2M), Finland (SEK23M), and Italy (SEK22.2M).

Growth In October 2024, the increase in Tractors's year-by-year exports was explained primarily by an increase in exports to Poland (SEK37.9M or 533%), Lithuania (SEK5.01M or 312%), and Latvia (SEK2.69M or 180%). In October 2024, the decrease in Tractors's year-by-year imports was explained primarily by a decrease in imports from China (SEK-39M or -66.6%), Finland (SEK-31.4M or -56%), and Chinese Taipei (SEK-13.7M or -73.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK40M(36.9%)
IMPORT GROWTH (October 2023 - October 2024)SEK-55.1M(-17.5%)
MAIN EXPORTER (October 2024)undefined148M
MAIN DESTINATION (October 2024)PolandSEK54.9M

This section shows Tractors'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 Tractors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.99B
IMPORTS (2023)$417M
NET TRADE (2023)$2.57B

In 2023, Sweden exported $2.99B in Tractors. The main destinations of Sweden exports on Tractors were Italy ($451M), United Kingdom ($315M), Germany ($230M), Norway ($147M), and Netherlands ($126M).

In 2023, Sweden imported $417M in Tractors, mainly from Germany ($133M), China ($53.4M), Finland ($52.2M), France ($37.1M), and Netherlands ($30.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$151M (190%)
Italy$143M (46.2%)
United Kingdom$121M (62.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Sweden WERE (2022 - 2023):
Poland-$29.6M (-20.6%)
Chile-$20M (-88%)
Oman-$19M (-87.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Tractors were:
Mexico $14.1B
Germany $13.7B
Netherlands $7.47B
In 2023, Sweden's main importing competitors in Tractors were:
United States $19B
Canada $5.94B
France $5.51B

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $42.7M
TOP IMPORT POTENTIALGermany+ $16.5M

Tractors’s highest export potential is Germany. With an export gap of $42.7M.   Tractors’s highest import potential is Germany with an import gap of $16.5M.

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