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2023
Exports $14.6MWorld Rnk 47 / 181
Flag Rnk 557 / 1210
2023
Destination $1.24M Denmark
2022 - 2023
FASTEST GROWING MARKET $1.24MItaly
2023
PRODUCT COMPLEXITY IN Utility Meters0.08Rnk 527 / 1025
2023
Imports $134MWorld Rnk 18 / 222
Flag Rnk 246 / 1213
2023
Origin $22.8MN/A
2022 - 2023
FASTEST GROWING ORIGIN $22.8MDenmark
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $14.6M in Utility Meters, making it the 47th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 557th most exported product in Sweden. The main destination of Utility Meters exports from Sweden are: Denmark ($2.66M), Italy ($1.6M), Norway ($1.46M), United Kingdom ($1.25M), and Netherlands ($1.22M).

The fastest growing export markets for Utility Meters of Sweden between 2022 and 2023 were Italy ($1.24M), United Kingdom ($668k), and Netherlands ($353k).

Imports In 2023, Sweden imported $134M in Utility Meters, becoming the 18th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 246th most imported product in Sweden. Sweden imports Utility Meters primarily from: N/A.

The fastest growing import markets in Utility Meters for Sweden between 2022 and 2023 were Denmark ($22.8M), Finland ($3.32M), and Slovakia ($699k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Utility Meters exports accounted up to SEK14.4M and imports accounted up to SEK37.2M, resulting in a negative trade balance of SEK22.8M. Between November 2023 and November 2024 the exports of Sweden's   Utility Meters have decreased by SEK-1.81M (-11.2%) from SEK16.2M to SEK14.4M, while imports decreased by SEK-44.3M (-54.4%) from SEK81.5M to SEK37.2M.

Destinations In November 2024, Utility Meters were exported mostly to Denmark (SEK2.32M), Norway (SEK2.15M), Poland (SEK2M), Finland (SEK1.98M), and China (SEK868k), and were imported mostly from Denmark (SEK14.3M), France (SEK7.68M), Italy (SEK3.96M), Lithuania (SEK2.35M), and Germany (SEK2.14M).

Growth In November 2024, the decrease in Utility Meters's year-by-year exports was explained primarily by a decrease in exports to Poland (SEK-1.21M or -87.7%), Czechia (SEK-650k or -93.8%), and Netherlands (SEK-583k or -53.5%). In November 2024, the decrease in Utility Meters's year-by-year imports was explained primarily by a decrease in imports from China (SEK-6.7M or -28.6%), Greece (SEK-2.82M or -33.3%), and Italy (SEK-1.95M or -50.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-1.81M(-11.2%)
IMPORT GROWTH (November 2023 - November 2024)SEK-44.3M(-54.4%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)DenmarkSEK2.32M

This section shows Utility Meters'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 Utility Meters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.6M
IMPORTS (2023)$134M
NET TRADE (2023)-$119M

In 2023, Sweden exported $14.6M in Utility Meters. The main destinations of Sweden exports on Utility Meters were Denmark ($2.66M), Italy ($1.6M), Norway ($1.46M), United Kingdom ($1.25M), and Netherlands ($1.22M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Italy$1.24M (341%)
United Kingdom$668k (114%)
Netherlands$353k (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Sweden WERE (2022 - 2023):
Denmark-$2.32M (-46.5%)
United States-$317k (-54.6%)
Poland-$297k (-34%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Utility Meters were:
China $2.53B
Mexico $1.58B
United States $575M
In 2023, Sweden's main importing competitors in Utility Meters were:
United States $1.84B
France $568M
Germany $540M

Explore Visualizations

Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALChina+ $4M

Utility Meters’s highest export potential is United States. With an export gap of $1.01M.   Utility Meters’s highest import potential is China with an import gap of $4M.

See methodology.

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