Engine Parts in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $538M in Engine Parts, making it the 23rd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 70th most exported product in Sweden. The main destination of Engine Parts exports from Sweden are: United States ($119M), France ($55.3M), Brazil ($50.1M), Germany ($38.9M), and Italy ($37.1M).

The fastest growing export markets for Engine Parts of Sweden between 2021 and 2022 were Netherlands ($4.24M), United States ($4.09M), and Germany ($4.06M).

Imports In 2022, Sweden imported $1.01B in Engine Parts, becoming the 21st largest importer of Engine Parts in the world. At the same year, Engine Parts was the 28th most imported product in Sweden. Sweden imports Engine Parts primarily from: Germany ($272M), United Kingdom ($126M), China ($69.3M), Netherlands ($60.8M), and Italy ($59.3M).

The fastest growing import markets in Engine Parts for Sweden between 2021 and 2022 were Serbia ($13.6M), Denmark ($9.53M), and United States ($6.67M).

COMPANIES In 2023, leading companies such as VOLVO GROUP NORTH AMERICA LLC (21) were at the forefront of shipping Engine Parts from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Engine Parts exports accounted up to SEK498M and imports accounted up to SEK1.16B, resulting in a negative trade balance of SEK667M. Between January 2023 and January 2024 the exports of Sweden's Engine Parts have increased by SEK74.8M (17.7%) from SEK423M to SEK498M, while imports increased by SEK220M (23.3%) from SEK944M to SEK1.16B.

Destinations In January 2024, Engine Parts were exported mostly to United States (SEK142M), France (SEK48.2M), Germany (SEK42.9M), Brazil (SEK40.6M), and Belgium (SEK28.7M), and were imported mostly from Germany (SEK331M), Netherlands (SEK151M), United Kingdom (SEK87.7M), China (SEK83.4M), and Italy (SEK57.5M).

Growth In January 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to Netherlands (SEK19.3M or 383%), Germany (SEK12.9M or 48.2%), and Japan (SEK5.46M or 30.2%). In January 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from United Kingdom (SEK37.4M or 39%), Germany (SEK26.2M or 12.7%), and Serbia (SEK11.6M or 476%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK74.8M(17.7%)

IMPORT GROWTH (January 2023 - January 2024)SEK220M(23.3%)

MAIN EXPORTER (January 2024)undefined498M

MAIN DESTINATION (January 2024)United StatesSEK142M

This section shows Engine Parts'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 Engine Parts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$538M

IMPORTS (2022)$1.01B

NET TRADE (2022)-$474M

In 2022, Sweden exported $538M in Engine Parts. The main destinations of Sweden exports on Engine Parts were United States ($119M), France ($55.3M), Brazil ($50.1M), Germany ($38.9M), and Italy ($37.1M).

In 2022, Sweden imported $1.01B in Engine Parts, mainly from Germany ($272M), United Kingdom ($126M), China ($69.3M), Netherlands ($60.8M), and Italy ($59.3M).

Explore Visualizations