Woodworking machines in Sweden | The Observatory of Economic Complexity

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

January 2024

About

Overview In January 2024 Sweden's Woodworking machines exports accounted up to SEK85.4M and imports accounted up to SEK80.9M, resulting in a positive trade balance of SEK4.48M. Between January 2023 and January 2024 the exports of Sweden's Woodworking machines have increased by SEK39M (83.9%) from SEK46.4M to SEK85.4M, while imports increased by SEK39.8M (97%) from SEK41.1M to SEK80.9M.

Destinations In January 2024, Woodworking machines were exported mostly to Poland (SEK24.6M), China (SEK22.3M), Norway (SEK8.06M), Denmark (SEK6.17M), and United States (SEK4.68M), and were imported mostly from Italy (SEK46.5M), Finland (SEK12.5M), China (SEK6.63M), Germany (SEK5.77M), and Belgium (SEK2.48M).

Growth In January 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 January 2024, the increase in Woodworking machines's year-by-year imports was explained primarily by an increase in imports from Germany (SEK2.84M or 33.2%), Finland (SEK2.64M or 196%), and Denmark (SEK2.09M or 358%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK39M(83.9%)

IMPORT GROWTH (January 2023 - January 2024)SEK39.8M(97%)

MAIN EXPORTER (January 2024)undefined85.4M

MAIN DESTINATION (January 2024)PolandSEK24.6M

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

Trade Value

Growth

Growth (%)

Year

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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