Hydraulic Turbines in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $3.63M in Hydraulic Turbines, making it the 28th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 812th most exported product in Sweden. The main destination of Hydraulic Turbines exports from Sweden are: Norway ($1.32M), Denmark ($971k), Italy ($364k), China ($255k), and Portugal ($171k).

The fastest growing export markets for Hydraulic Turbines of Sweden between 2021 and 2022 were Italy ($225k), Portugal ($171k), and Netherlands ($140k).

Imports In 2022, Sweden imported $8.05M in Hydraulic Turbines, becoming the 35th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 829th most imported product in Sweden. Sweden imports Hydraulic Turbines primarily from: Czechia ($2.92M), Slovenia ($914k), India ($866k), China ($670k), and Denmark ($424k).

The fastest growing import markets in Hydraulic Turbines for Sweden between 2021 and 2022 were Czechia ($2.12M), India ($866k), and United States ($175k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hydraulic Turbines from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Hydraulic Turbines exports accounted up to SEK1.99M and imports accounted up to SEK3.38M, resulting in a negative trade balance of SEK1.39M. Between December 2022 and December 2023 the exports of Sweden's Hydraulic Turbines have increased by SEK415k (26.4%) from SEK1.57M to SEK1.99M, while imports increased by SEK2.62M (342%) from SEK766k to SEK3.38M.

Destinations In December 2023, Hydraulic Turbines were exported mostly to China (SEK922k), Norway (SEK820k), Mexico (SEK205k), Spain (SEK12k), and Lithuania (SEK12k), and were imported mostly from China (SEK2.87M), Germany (SEK468k), Denmark (SEK21k), Netherlands (SEK19k), and United States (SEK4k).

Growth In December 2023, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to United Kingdom (SEK18k or 360%) and France (SEK12k or 200%). In December 2023, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK415k(26.4%)

IMPORT GROWTH (December 2022 - December 2023)SEK2.62M(342%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)ChinaSEK922k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.63M

IMPORTS (2022)$8.05M

NET TRADE (2022)-$4.43M

In 2022, Sweden exported $3.63M in Hydraulic Turbines. The main destinations of Sweden exports on Hydraulic Turbines were Norway ($1.32M), Denmark ($971k), Italy ($364k), China ($255k), and Portugal ($171k).

In 2022, Sweden imported $8.05M in Hydraulic Turbines, mainly from Czechia ($2.92M), Slovenia ($914k), India ($866k), China ($670k), and Denmark ($424k).

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