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2022
Exports $94.8MWorld Rnk 16 / 174
Flag Rnk 271 / 1212
2022
Destination $9.8M Norway
2021 - 2022
FASTEST GROWING MARKET $9.8MRussia
2022
PRODUCT COMPLEXITY IN Woodworking machines1.28Rnk 96 / 1025
2022
Imports $147MWorld Rnk 17 / 218
Flag Rnk 249 / 1213
2022
Origin $13.9M Germany
2021 - 2022
FASTEST GROWING ORIGIN $13.9MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $94.8M in Woodworking machines, making it the 16th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 271st most exported product in Sweden. The main destination of Woodworking machines exports from Sweden are: Norway ($17.5M), Russia ($10.7M), Germany ($8.65M), Denmark ($7.58M), and Switzerland ($6.23M).

The fastest growing export markets for Woodworking machines of Sweden between 2021 and 2022 were Russia ($9.8M), Switzerland ($5.81M), and Australia ($5.28M).

Imports In 2022, Sweden imported $147M in Woodworking machines, becoming the 17th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 249th most imported product in Sweden. Sweden imports Woodworking machines primarily from: Germany ($39.8M), China ($21.9M), Italy ($21.7M), Austria ($13.7M), and Slovenia ($8.24M).

The fastest growing import markets in Woodworking machines for Sweden between 2021 and 2022 were Germany ($13.9M), Austria ($9.72M), and Spain ($5.65M).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Woodworking machines exports accounted up to SEK105M and imports accounted up to SEK73.6M, resulting in a positive trade balance of SEK31.5M. Between June 2023 and June 2024 the exports of Sweden's   Woodworking machines have increased by SEK43.2M (69.8%) from SEK61.9M to SEK105M, while imports decreased by SEK-23.3M (-24.1%) from SEK97M to SEK73.6M.

Destinations In June 2024, Woodworking machines were exported mostly to Norway (SEK38.1M), Latvia (SEK21.5M), Germany (SEK10.4M), Finland (SEK9.92M), and China (SEK6.65M), and were imported mostly from Germany (SEK22.5M), China (SEK14.4M), Finland (SEK14.1M), Italy (SEK10M), and Belgium (SEK5.15M).

Growth In June 2024, the increase in Woodworking machines's year-by-year exports was explained primarily by an increase in exports to Poland (SEK3.13M or 212%), Austria (SEK2.76M or 254%), and Canada (SEK2.11M or 105%). In June 2024, the decrease in Woodworking machines's year-by-year imports was explained primarily by a decrease in imports from China (SEK-12.7M or -64.7%), Italy (SEK-4.84M or -44.8%), and Chinese Taipei (SEK-2.65M or -99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK43.2M(69.8%)
IMPORT GROWTH (June 2023 - June 2024)SEK-23.3M(-24.1%)
MAIN EXPORTER (June 2024)undefined112M
MAIN DESTINATION (June 2024)NorwaySEK38.1M

This section shows Woodworking machines'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 Woodworking machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.8M
IMPORTS (2022)$147M
NET TRADE (2022)-$52.5M

In 2022, Sweden exported $94.8M in Woodworking machines. The main destinations of Sweden exports on Woodworking machines were Norway ($17.5M), Russia ($10.7M), Germany ($8.65M), Denmark ($7.58M), and Switzerland ($6.23M).

In 2022, Sweden imported $147M in Woodworking machines, mainly from Germany ($39.8M), China ($21.9M), Italy ($21.7M), Austria ($13.7M), and Slovenia ($8.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Russia$9.8M (1.09k%)
Switzerland$5.81M (1.39k%)
Australia$5.28M (998%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Sweden WERE (2021 - 2022):
Belarus-$2.99M (-65.9%)
Chile-$2.61M (-94.3%)
Denmark-$1.84M (-19.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Sweden's main importing competitors in Woodworking machines were:
United States $1.74B
Germany $700M
France $424M

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.98M
TOP IMPORT POTENTIALChina+ $6.85M

Woodworking machines’s highest export potential is United States. With an export gap of $3.98M.   Woodworking machines’s highest import potential is China with an import gap of $6.85M.

See methodology.

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