Motor-working Tools in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $474M in Motor-working Tools, making it the 5th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 85th most exported product in Sweden. The main destination of Motor-working Tools exports from Sweden are: United States ($117M), Germany ($56.4M), Belgium ($33.4M), Norway ($20.4M), and Australia ($17M).

The fastest growing export markets for Motor-working Tools of Sweden between 2021 and 2022 were United States ($13.1M), Mexico ($2.43M), and Poland ($2.38M).

Imports In 2022, Sweden imported $161M in Motor-working Tools, becoming the 20th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 228th most imported product in Sweden. Sweden imports Motor-working Tools primarily from: China ($32.6M), Germany ($26.1M), Poland ($18.9M), United States ($11M), and Netherlands ($9.49M).

The fastest growing import markets in Motor-working Tools for Sweden between 2021 and 2022 were Poland ($13.5M), Austria ($1.4M), and Canada ($1.39M).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Motor-working Tools exports accounted up to SEK775M and imports accounted up to SEK342M, resulting in a positive trade balance of SEK433M. Between January 2023 and January 2024 the exports of Sweden's Motor-working Tools have increased by SEK222M (40%) from SEK554M to SEK775M, while imports decreased by SEK-173k (-0.051%) from SEK342M to SEK342M.

Destinations In January 2024, Motor-working Tools were exported mostly to Belgium (SEK313M), United States (SEK89.7M), Germany (SEK75.2M), Norway (SEK54.8M), and Denmark (SEK34.7M), and were imported mostly from Germany (SEK63.8M), Estonia (SEK46.3M), China (SEK41.9M), Poland (SEK34.6M), and Belgium (SEK24.9M).

Growth In January 2024, the increase in Motor-working Tools's year-by-year exports was explained primarily by an increase in exports to Germany (SEK19.4M or 36.2%), Belgium (SEK13.1M or 18.4%), and Denmark (SEK12M or 37.3%). In January 2024, the decrease in Motor-working Tools's year-by-year imports was explained primarily by a decrease in imports from Estonia (SEK-31M or -68.5%), Chinese Taipei (SEK-6.43M or -68.1%), and Czechia (SEK-4.16M or -39.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK222M(40%)

IMPORT GROWTH (January 2023 - January 2024)SEK-173k(-0.051%)

MAIN EXPORTER (January 2024)undefined775M

MAIN DESTINATION (January 2024)BelgiumSEK313M

This section shows Motor-working Tools'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 Motor-working Tools over time.

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