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2022
Exports $791MWorld Rnk 25 / 224
Flag Rnk 43 / 1212
2022
Destination $12.5M United States
2021 - 2022
FASTEST GROWING MARKET $12.5MNorway
2022
PRODUCT COMPLEXITY IN Valves1.35Rnk 81 / 1025
2022
Imports $979MWorld Rnk 30 / 224
Flag Rnk 29 / 1213
2022
Origin $12.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $12.8MItaly
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $791M in Valves, making it the 25th largest exporter of Valves in the world. At the same year, Valves was the 43rd most exported product in Sweden. The main destination of Valves exports from Sweden are: United States ($81.8M), Germany ($76.7M), China ($63.6M), Norway ($60.4M), and Finland ($57.3M).

The fastest growing export markets for Valves of Sweden between 2021 and 2022 were Norway ($12.5M), Austria ($7.72M), and China ($7.09M).

Imports In 2022, Sweden imported $979M in Valves, becoming the 30th largest importer of Valves in the world. At the same year, Valves was the 29th most imported product in Sweden. Sweden imports Valves primarily from: Germany ($290M), Italy ($121M), Denmark ($94.6M), China ($85.6M), and United States ($58.3M).

The fastest growing import markets in Valves for Sweden between 2021 and 2022 were Italy ($12.8M), China ($9.99M), and United States ($8.81M).

COMPANIES In 2023, leading companies such as Parker (212) and John Deere (37) were at the forefront of shipping Valves from Sweden to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Valves exports accounted up to SEK599M and imports accounted up to SEK625M, resulting in a negative trade balance of SEK25.8M. Between July 2023 and July 2024 the exports of Sweden's   Valves have increased by SEK44M (7.93%) from SEK555M to SEK599M, while imports decreased by SEK-23.6M (-3.64%) from SEK648M to SEK625M.

Destinations In July 2024, Valves were exported mostly to United States (SEK70.3M), China (SEK64.4M), Norway (SEK46.9M), Germany (SEK46.2M), and Denmark (SEK35.9M), and were imported mostly from Germany (SEK173M), Denmark (SEK71.6M), Italy (SEK61.4M), China (SEK48.5M), and United States (SEK46.4M).

Growth In July 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to Germany (SEK24M or 41.8%), Austria (SEK12.1M or 62.4%), and United States (SEK9.24M or 17.4%). In July 2024, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from China (SEK-9.61M or -13.6%), Hungary (SEK-3.94M or -14.6%), and Denmark (SEK-2.83M or -3.16%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK44M(7.93%)
IMPORT GROWTH (July 2023 - July 2024)SEK-23.6M(-3.64%)
MAIN EXPORTER (July 2024)undefined763M
MAIN DESTINATION (July 2024)United StatesSEK70.3M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$791M
IMPORTS (2022)$979M
NET TRADE (2022)-$188M

In 2022, Sweden exported $791M in Valves. The main destinations of Sweden exports on Valves were United States ($81.8M), Germany ($76.7M), China ($63.6M), Norway ($60.4M), and Finland ($57.3M).

In 2022, Sweden imported $979M in Valves, mainly from Germany ($290M), Italy ($121M), Denmark ($94.6M), China ($85.6M), and United States ($58.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$12.5M (26.2%)
Austria$7.72M (29.3%)
China$7.09M (12.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Sweden WERE (2021 - 2022):
Poland-$25M (-30.6%)
Russia-$12.3M (-78.9%)
France-$3.61M (-13%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Valves were:
China $22.9B
Germany $14.7B
United States $12.5B
In 2022, Sweden's main importing competitors in Valves were:
United States $16.8B
Germany $7.9B
China $7.84B

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.3M
TOP IMPORT POTENTIALChina+ $57.4M

Valves’s highest export potential is United States. With an export gap of $55.3M.   Valves’s highest import potential is China with an import gap of $57.4M.

See methodology.

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