Low-voltage Protection Equipment in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $583M in Low-voltage Protection Equipment, making it the 30th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 63rd most exported product in Sweden. The main destination of Low-voltage Protection Equipment exports from Sweden are: Norway ($102M), Denmark ($72.3M), Finland ($46.5M), Germany ($35.5M), and United States ($34.4M).

The fastest growing export markets for Low-voltage Protection Equipment of Sweden between 2021 and 2022 were Norway ($17.3M), Italy ($6.44M), and Hungary ($5.14M).

Imports In 2022, Sweden imported $974M in Low-voltage Protection Equipment, becoming the 30th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 30th most imported product in Sweden. Sweden imports Low-voltage Protection Equipment primarily from: Germany ($268M), France ($148M), China ($80.8M), Netherlands ($53.5M), and Italy ($44.7M).

The fastest growing import markets in Low-voltage Protection Equipment for Sweden between 2021 and 2022 were Finland ($12.6M), United States ($7.69M), and Bulgaria ($5.31M).

COMPANIES In 2023, leading companies such as CHEVRON ORONITE COMPANY LLC (1) were at the forefront of shipping Low-voltage Protection Equipment from Sweden to the United States.

Latest Trends

January 2024

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Overview In January 2024 Sweden's Low-voltage Protection Equipment exports accounted up to SEK576M and imports accounted up to SEK844M, resulting in a negative trade balance of SEK268M. Between January 2023 and January 2024 the exports of Sweden's Low-voltage Protection Equipment have increased by SEK73.3M (14.6%) from SEK503M to SEK576M, while imports increased by SEK18M (2.18%) from SEK826M to SEK844M.

Destinations In January 2024, Low-voltage Protection Equipment were exported mostly to Norway (SEK107M), Denmark (SEK48.5M), Germany (SEK42.2M), Finland (SEK41M), and United States (SEK37.1M), and were imported mostly from Germany (SEK233M), France (SEK166M), China (SEK45.6M), United States (SEK43.9M), and Netherlands (SEK39.5M).

Growth In January 2024, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Norway (SEK26.6M or 39%), United States (SEK11.4M or 39.3%), and South Africa (SEK7.46M or 863%). In January 2024, the increase in Low-voltage Protection Equipment's year-by-year imports was explained primarily by an increase in imports from Germany (SEK31.1M or 16.4%), United States (SEK21.7M or 71.5%), and Czechia (SEK15.1M or 95.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK73.3M(14.6%)

IMPORT GROWTH (January 2023 - January 2024)SEK18M(2.18%)

MAIN EXPORTER (January 2024)undefined576M

MAIN DESTINATION (January 2024)NorwaySEK107M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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