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2023
Exports $661MWorld Rnk 22 / 221
Flag Rnk 53 / 1210
2023
Destination $16.9M United States
2022 - 2023
FASTEST GROWING MARKET $16.9MBelgium
2023
PRODUCT COMPLEXITY IN Transmissions1.42Rnk 57 / 1025
2023
Imports $1BWorld Rnk 21 / 224
Flag Rnk 23 / 1213
2023
Origin $39.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $39.9MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $661M in Transmissions, making it the 22nd largest exporter of Transmissions in the world. At the same year, Transmissions was the 53rd most exported product in Sweden. The main destination of Transmissions exports from Sweden are: United States ($98.1M), France ($52.7M), Italy ($49.8M), Germany ($44.3M), and Brazil ($40.8M).

The fastest growing export markets for Transmissions of Sweden between 2022 and 2023 were Belgium ($16.9M), United States ($11.9M), and France ($7.69M).

Imports In 2023, Sweden imported $1B in Transmissions, becoming the 21st largest importer of Transmissions in the world. At the same year, Transmissions was the 23rd most imported product in Sweden. Sweden imports Transmissions primarily from: Germany ($311M), Italy ($128M), Denmark ($61.4M), China ($51.4M), and France ($45.2M).

The fastest growing import markets in Transmissions for Sweden between 2022 and 2023 were Germany ($39.9M), Italy ($22.8M), and Denmark ($21.3M).

COMPANIES In 2023, leading companies such as Volvo (7) and ABB Motors and Mechanical (2) were at the forefront of shipping Transmissions from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Transmissions exports accounted up to SEK548M and imports accounted up to SEK868M, resulting in a negative trade balance of SEK320M. Between October 2023 and October 2024 the exports of Sweden's   Transmissions have decreased by SEK-506k (-0.092%) from SEK549M to SEK548M, while imports decreased by SEK-128M (-12.8%) from SEK996M to SEK868M.

Destinations In October 2024, Transmissions were exported mostly to Belgium (SEK60M), United States (SEK51.5M), Brazil (SEK39.5M), Germany (SEK37.3M), and Netherlands (SEK33M), and were imported mostly from Germany (SEK276M), Italy (SEK101M), China (SEK58.2M), Denmark (SEK47.6M), and Hungary (SEK36.4M).

Growth In October 2024, the decrease in Transmissions's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-33.3M or -99%), United Kingdom (SEK-8.21M or -45.2%), and Singapore (SEK-5.69M or -68.6%). In October 2024, the decrease in Transmissions's year-by-year imports was explained primarily by a decrease in imports from Hungary (SEK-11.4M or -48.7%), Austria (SEK-10.9M or -78.1%), and China (SEK-8.75M or -18.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-506k(-0.092%)
IMPORT GROWTH (October 2023 - October 2024)SEK-128M(-12.8%)
MAIN EXPORTER (October 2024)undefined567M
MAIN DESTINATION (October 2024)BelgiumSEK60M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$661M
IMPORTS (2023)$1B
NET TRADE (2023)-$343M

In 2023, Sweden exported $661M in Transmissions. The main destinations of Sweden exports on Transmissions were United States ($98.1M), France ($52.7M), Italy ($49.8M), Germany ($44.3M), and Brazil ($40.8M).

In 2023, Sweden imported $1B in Transmissions, mainly from Germany ($311M), Italy ($128M), Denmark ($61.4M), China ($51.4M), and France ($45.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Belgium$16.9M (145%)
United States$11.9M (13.8%)
France$7.69M (17.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Sweden WERE (2022 - 2023):
Brazil-$17.6M (-30.2%)
Russia-$6.93M (-98.6%)
Finland-$2.86M (-15.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Transmissions were:
Germany $13.5B
China $11.2B
United States $8.08B
In 2023, Sweden's main importing competitors in Transmissions were:
United States $10.9B
Germany $6.88B
China $5.17B

Explore Visualizations

Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $46.8M
TOP IMPORT POTENTIALChina+ $43.2M

Transmissions’s highest export potential is United States. With an export gap of $46.8M.   Transmissions’s highest import potential is China with an import gap of $43.2M.

See methodology.

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