Seats in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $537M in Seats, making it the 27th largest exporter of Seats in the world. At the same year, Seats was the 72nd most exported product in Sweden. The main destination of Seats exports from Sweden are: Norway ($153M), Denmark ($72.1M), Finland ($51.7M), Germany ($47.5M), and France ($34.9M).

The fastest growing export markets for Seats of Sweden between 2021 and 2022 were United Kingdom ($3.86M), Brazil ($2.02M), and Lithuania ($591k).

Imports In 2022, Sweden imported $1.2B in Seats, becoming the 16th largest importer of Seats in the world. At the same year, Seats was the 19th most imported product in Sweden. Sweden imports Seats primarily from: China ($299M), Poland ($175M), Lithuania ($112M), Czechia ($111M), and Denmark ($82M).

The fastest growing import markets in Seats for Sweden between 2021 and 2022 were Vietnam ($9.11M), Czechia ($6.2M), and Serbia ($5.93M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (28) were at the forefront of shipping Seats from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Seats exports accounted up to SEK286M and imports accounted up to SEK393M, resulting in a negative trade balance of SEK107M. Between January 2023 and January 2024 the exports of Sweden's Seats have increased by SEK3.61M (1.28%) from SEK282M to SEK286M, while imports decreased by SEK-146M (-27.1%) from SEK538M to SEK393M.

Destinations In January 2024, Seats were exported mostly to Norway (SEK78.5M), Germany (SEK37M), Finland (SEK33.4M), Denmark (SEK31M), and United States (SEK15.8M), and were imported mostly from China (SEK110M), Lithuania (SEK66.6M), Poland (SEK65.9M), Denmark (SEK41.2M), and Germany (SEK18.8M).

Growth In January 2024, the increase in Seats's year-by-year exports was explained primarily by an increase in exports to Finland (SEK4.25M or 15.4%), France (SEK3.26M or 26.4%), and Netherlands (SEK3.22M or 51.7%). In January 2024, the decrease in Seats's year-by-year imports was explained primarily by a decrease in imports from China (SEK-164M or -50.3%), Denmark (SEK-43.2M or -49.4%), and Indonesia (SEK-15.4M or -73.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK3.61M(1.28%)

IMPORT GROWTH (January 2023 - January 2024)SEK-146M(-27.1%)

MAIN EXPORTER (January 2024)undefined286M

MAIN DESTINATION (January 2024)NorwaySEK78.5M

This section shows Seats'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 Seats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$537M

IMPORTS (2022)$1.2B

NET TRADE (2022)-$664M

In 2022, Sweden exported $537M in Seats. The main destinations of Sweden exports on Seats were Norway ($153M), Denmark ($72.1M), Finland ($51.7M), Germany ($47.5M), and France ($34.9M).

In 2022, Sweden imported $1.2B in Seats, mainly from China ($299M), Poland ($175M), Lithuania ($112M), Czechia ($111M), and Denmark ($82M).

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