Tensile Testing Machines in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $23.2M in Tensile Testing Machines, making it the 18th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 510th most exported product in Sweden. The main destination of Tensile Testing Machines exports from Sweden are: United States ($9.27M), Norway ($1.37M), Germany ($952k), Brazil ($879k), and China ($844k).

The fastest growing export markets for Tensile Testing Machines of Sweden between 2021 and 2022 were United States ($602k), Norway ($519k), and Austria ($484k).

Imports In 2022, Sweden imported $27.1M in Tensile Testing Machines, becoming the 25th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 610th most imported product in Sweden. Sweden imports Tensile Testing Machines primarily from: United States ($11.7M), Germany ($4.64M), Denmark ($1.77M), United Kingdom ($1.38M), and Chinese Taipei ($1.36M).

The fastest growing import markets in Tensile Testing Machines for Sweden between 2021 and 2022 were United States ($6.7M), Germany ($1.74M), and Denmark ($1.01M).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Tensile Testing Machines exports accounted up to SEK14.1M and imports accounted up to SEK7.25M, resulting in a positive trade balance of SEK6.8M. Between January 2023 and January 2024 the exports of Sweden's Tensile Testing Machines have decreased by SEK-7.21M (-33.9%) from SEK21.3M to SEK14.1M, while imports decreased by SEK-22.8M (-75.8%) from SEK30M to SEK7.25M.

Destinations In January 2024, Tensile Testing Machines were exported mostly to United States (SEK3.2M), Finland (SEK1.12M), Norway (SEK1.12M), Germany (SEK1.1M), and India (SEK991k), and were imported mostly from United Kingdom (SEK1.19M), China (SEK1.11M), Austria (SEK760k), United States (SEK754k), and Germany (SEK505k).

Growth In January 2024, the decrease in Tensile Testing Machines's year-by-year exports was explained primarily by a decrease in exports to Japan (SEK-346k or -81.6%), United States (SEK-246k or -10.8%), and Australia (SEK-236k or -80.5%). In January 2024, the decrease in Tensile Testing Machines's year-by-year imports was explained primarily by a decrease in imports from United States (SEK-13.1M or -85%), United Kingdom (SEK-1.09M or -51.7%), and Slovenia (SEK-661k or -92.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-7.21M(-33.9%)

IMPORT GROWTH (January 2023 - January 2024)SEK-22.8M(-75.8%)

MAIN EXPORTER (January 2024)undefined14.1M

MAIN DESTINATION (January 2024)United StatesSEK3.2M

This section shows Tensile Testing 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 Tensile Testing Machines over time.

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