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2018
Exports $2.15BWorld Rnk 10 / 167
Flag Rnk 16 / 1212
2018
Destination $65.1M Italy
2021 - 2022
FASTEST GROWING MARKET $65.1MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Tractors0.95Rnk 194 / 1025
2018
Imports $410MWorld Rnk 33 / 215
Flag Rnk 104 / 1213
2018
Origin $17.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $17.2MNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2018, Sweden exported $2.15B in Tractors, making it the 10th largest exporter of Tractors in the world. At the same year, Tractors was the 16th most exported product in Sweden. The main destination of Tractors exports from Sweden are: Italy ($189M), United Kingdom ($172M), Poland ($152M), South Africa ($143M), and Norway ($107M).

The fastest growing export markets for Tractors of Sweden between 2021 and 2022 were Saudi Arabia ($65.1M), Australia ($59.3M), and Spain ($31.5M).

Imports In 2022, Sweden imported $410M in Tractors, becoming the 33rd largest importer of Tractors in the world. At the same year, Tractors was the 104th most imported product in Sweden. Sweden imports Tractors primarily from: Germany ($119M), Finland ($61.9M), China ($46.2M), Netherlands ($27.1M), and France ($27M).

The fastest growing import markets in Tractors for Sweden between 2021 and 2022 were Netherlands ($17.2M), China ($10.8M), and Germany ($6.89M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Tractors exports accounted up to SEK143M and imports accounted up to SEK196M, resulting in a negative trade balance of SEK52.8M. Between August 2023 and August 2024 the exports of Sweden's   Tractors have increased by SEK47.4M (49.5%) from SEK95.8M to SEK143M, while imports decreased by SEK-29.8M (-13.2%) from SEK226M to SEK196M.

Destinations In August 2024, Tractors were exported mostly to Poland (SEK53.4M), Germany (SEK33.2M), Norway (SEK18.6M), Finland (SEK17.3M), and Denmark (SEK4.81M), and were imported mostly from China (SEK81M), Germany (SEK34.1M), Finland (SEK23.8M), France (SEK18.7M), and Austria (SEK6.98M).

Growth In August 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 August 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 (August 2023 - August 2024)SEK47.4M(49.5%)
IMPORT GROWTH (August 2023 - August 2024)SEK-29.8M(-13.2%)
MAIN EXPORTER (August 2024)undefined143M
MAIN DESTINATION (August 2024)PolandSEK53.4M

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 (2022)$2.15B
IMPORTS (2022)$410M
NET TRADE (2022)$1.74B

In 2022, Sweden exported $2.15B in Tractors. The main destinations of Sweden exports on Tractors were Italy ($189M), United Kingdom ($172M), Poland ($152M), South Africa ($143M), and Norway ($107M).

In 2022, Sweden imported $410M in Tractors, mainly from Germany ($119M), Finland ($61.9M), China ($46.2M), Netherlands ($27.1M), and France ($27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Saudi Arabia$65.1M (177%)
Australia$59.3M (414%)
Spain$31.5M (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Sweden WERE (2021 - 2022):
Russia-$96.9M (-90.1%)
China-$84.1M (-90.4%)
Norway-$47M (-30.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Tractors were:
Germany $11.1B
Netherlands $6.32B
United States $5.65B
In 2022, Sweden's main importing competitors in Tractors were:
United States $8.01B
Canada $4.59B
France $4.06B

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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.

See methodology.

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