Rubber Tires in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $206M in Rubber Tires, making it the 38th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 166th most exported product in Sweden. The main destination of Rubber Tires exports from Sweden are: Norway ($64M), Finland ($54.2M), Denmark ($36.7M), Belgium ($14.2M), and Iceland ($7.34M).

The fastest growing export markets for Rubber Tires of Sweden between 2021 and 2022 were Norway ($10.6M), Latvia ($2.52M), and France ($1.69M).

Imports In 2022, Sweden imported $1.05B in Rubber Tires, becoming the 18th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 24th most imported product in Sweden. Sweden imports Rubber Tires primarily from: Belgium ($137M), Germany ($116M), Finland ($105M), China ($93.7M), and France ($79.3M).

The fastest growing import markets in Rubber Tires for Sweden between 2021 and 2022 were China ($26.6M), Poland ($17.2M), and Finland ($14.7M).

COMPANIES In 2023, leading companies such as VOLVO GROUP NORTH AMERICA LLC (23) and JOHN DEERE COMMERCIAL PRODUCTS (1) were at the forefront of shipping Rubber Tires from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Rubber Tires exports accounted up to SEK132M and imports accounted up to SEK771M, resulting in a negative trade balance of SEK639M. Between January 2023 and January 2024 the exports of Sweden's Rubber Tires have decreased by SEK-33.1M (-20%) from SEK165M to SEK132M, while imports decreased by SEK-48.6M (-5.93%) from SEK820M to SEK771M.

Destinations In January 2024, Rubber Tires were exported mostly to Finland (SEK49.4M), Norway (SEK32.9M), Denmark (SEK20.3M), Netherlands (SEK5.86M), and Iceland (SEK5.18M), and were imported mostly from Germany (SEK88.2M), Finland (SEK86.9M), France (SEK85M), Belgium (SEK74.5M), and Italy (SEK67.9M).

Growth In January 2024, the decrease in Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-22.7M or -53.5%), Latvia (SEK-5.91M or -85.5%), and Germany (SEK-2.19M or -43.7%). In January 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Belgium (SEK-33.1M or -21.3%), Hungary (SEK-9.76M or -34.7%), and Finland (SEK-7.94M or -13.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-33.1M(-20%)

IMPORT GROWTH (January 2023 - January 2024)SEK-48.6M(-5.93%)

MAIN EXPORTER (January 2024)undefined132M

MAIN DESTINATION (January 2024)FinlandSEK49.4M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$206M

IMPORTS (2022)$1.05B

NET TRADE (2022)-$839M

In 2022, Sweden exported $206M in Rubber Tires. The main destinations of Sweden exports on Rubber Tires were Norway ($64M), Finland ($54.2M), Denmark ($36.7M), Belgium ($14.2M), and Iceland ($7.34M).

In 2022, Sweden imported $1.05B in Rubber Tires, mainly from Belgium ($137M), Germany ($116M), Finland ($105M), China ($93.7M), and France ($79.3M).

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