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2023
Exports $766MWorld Rnk 28 / 223
Flag Rnk 47 / 1210
2023
Destination $5.82M United States
2022 - 2023
FASTEST GROWING MARKET $5.82MPoland
2023
PRODUCT COMPLEXITY IN Valves1.34Rnk 71 / 1025
2023
Imports $930MWorld Rnk 33 / 226
Flag Rnk 33 / 1213
2023
Origin $32.1M Germany
2022 - 2023
FASTEST GROWING ORIGIN $32.1MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $766M in Valves, making it the 28th largest exporter of Valves in the world. At the same year, Valves was the 47th most exported product in Sweden. The main destination of Valves exports from Sweden are: United States ($87.7M), Germany ($80.3M), China ($61.2M), Finland ($53.6M), and Denmark ($46.8M).

The fastest growing export markets for Valves of Sweden between 2022 and 2023 were Poland ($5.82M), United Kingdom ($3.95M), and Netherlands ($3.59M).

Imports In 2023, Sweden imported $930M in Valves, becoming the 33rd largest importer of Valves in the world. At the same year, Valves was the 33rd most imported product in Sweden. Sweden imports Valves primarily from: Germany ($292M), Denmark ($96M), Italy ($94.6M), China ($68.1M), and United States ($65.2M).

The fastest growing import markets in Valves for Sweden between 2022 and 2023 were Germany ($32.1M), United States ($5.32M), and Netherlands ($4.74M).

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

October 2024

About

Overview In October 2024 Sweden's Valves exports accounted up to SEK841M and imports accounted up to SEK825M, resulting in a positive trade balance of SEK16.9M. Between October 2023 and October 2024 the exports of Sweden's   Valves have increased by SEK67.9M (8.78%) from SEK774M to SEK841M, while imports decreased by SEK-58.1M (-6.59%) from SEK883M to SEK825M.

Destinations In October 2024, Valves were exported mostly to Poland (SEK94.3M), China (SEK93.4M), Germany (SEK78.2M), United States (SEK70M), and Finland (SEK69.8M), and were imported mostly from Germany (SEK242M), Denmark (SEK95.7M), Italy (SEK79.2M), China (SEK71.2M), and United States (SEK48M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK67.9M(8.78%)
IMPORT GROWTH (October 2023 - October 2024)SEK-58.1M(-6.59%)
MAIN EXPORTER (October 2024)undefined841M
MAIN DESTINATION (October 2024)PolandSEK94.3M

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 (2023)$766M
IMPORTS (2023)$930M
NET TRADE (2023)-$164M

In 2023, Sweden exported $766M in Valves. The main destinations of Sweden exports on Valves were United States ($87.7M), Germany ($80.3M), China ($61.2M), Finland ($53.6M), and Denmark ($46.8M).

In 2023, Sweden imported $930M in Valves, mainly from Germany ($292M), Denmark ($96M), Italy ($94.6M), China ($68.1M), and United States ($65.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Poland$5.82M (16.1%)
United Kingdom$3.95M (20.2%)
Netherlands$3.59M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Sweden WERE (2022 - 2023):
Austria-$5.27M (-14.9%)
United States-$4.1M (-4.46%)
Russia-$3.27M (-99.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Valves were:
China $20.5B
Germany $14.7B
United States $13.6B
In 2023, Sweden's main importing competitors in Valves were:
United States $16.7B
China $8B
Germany $7.83B

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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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