Integrated Circuits in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $510M in Integrated Circuits, making it the 33rd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 76th most exported product in Sweden. The main destination of Integrated Circuits exports from Sweden are: Germany ($77.8M), China ($59.8M), Poland ($49M), United States ($36.2M), and Italy ($35.7M).

The fastest growing export markets for Integrated Circuits of Sweden between 2021 and 2022 were Germany ($47M), Poland ($22M), and Netherlands ($21.2M).

Imports In 2022, Sweden imported $1.25B in Integrated Circuits, becoming the 33rd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 18th most imported product in Sweden. Sweden imports Integrated Circuits primarily from: Germany ($268M), Netherlands ($194M), Chinese Taipei ($126M), China ($105M), and Belgium ($76.9M).

The fastest growing import markets in Integrated Circuits for Sweden between 2021 and 2022 were Germany ($77.4M), Chinese Taipei ($33.6M), and Malaysia ($29.5M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (1) were at the forefront of shipping Integrated Circuits from Sweden to the United States.

Latest Trends

January 2024

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Overview In January 2024 Sweden's Integrated Circuits exports accounted up to SEK239M and imports accounted up to SEK962M, resulting in a negative trade balance of SEK723M. Between January 2023 and January 2024 the exports of Sweden's Integrated Circuits have decreased by SEK-170M (-41.6%) from SEK409M to SEK239M, while imports decreased by SEK-2.53M (-0.26%) from SEK965M to SEK962M.

Destinations In January 2024, Integrated Circuits were exported mostly to Estonia (SEK38.5M), France (SEK24.9M), Poland (SEK23.1M), Norway (SEK18.5M), and Germany (SEK15.8M), and were imported mostly from Germany (SEK217M), Netherlands (SEK203M), Belgium (SEK129M), United States (SEK83M), and France (SEK59.2M).

Growth In January 2024, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Netherlands (SEK-120M or -90.5%), Norway (SEK-6.82M or -53.5%), and Italy (SEK-5.05M or -20.4%). In January 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (SEK-86.7M or -63.2%), China (SEK-42.5M or -67%), and Singapore (SEK-25.9M or -63.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-170M(-41.6%)

IMPORT GROWTH (January 2023 - January 2024)SEK-2.53M(-0.26%)

MAIN EXPORTER (January 2024)undefined239M

MAIN DESTINATION (January 2024)EstoniaSEK38.5M

This section shows Integrated Circuits'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 Integrated Circuits over time.

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