Metal Lathes in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $5.02M in Metal Lathes, making it the 31st largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 761st most exported product in Sweden. The main destination of Metal Lathes exports from Sweden are: Turkey ($724k), Germany ($707k), Netherlands ($543k), Denmark ($407k), and Finland ($366k).

The fastest growing export markets for Metal Lathes of Sweden between 2021 and 2022 were Netherlands ($521k), United States ($241k), and Germany ($180k).

Imports In 2022, Sweden imported $58.8M in Metal Lathes, becoming the 29th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 433rd most imported product in Sweden. Sweden imports Metal Lathes primarily from: Germany ($24.3M), Japan ($18.5M), Italy ($3.59M), South Korea ($2.09M), and Belgium ($1.6M).

The fastest growing import markets in Metal Lathes for Sweden between 2021 and 2022 were Italy ($1.67M), Singapore ($643k), and Czechia ($546k).

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

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Metal Lathes exports accounted up to SEK9.21M and imports accounted up to SEK74.9M, resulting in a negative trade balance of SEK65.7M. Between December 2022 and December 2023 the exports of Sweden's Metal Lathes have increased by SEK6.19M (205%) from SEK3.02M to SEK9.21M, while imports increased by SEK13.5M (22.1%) from SEK61.4M to SEK74.9M.

Destinations In December 2023, Metal Lathes were exported mostly to Turkey (SEK3.16M), Hungary (SEK2.79M), Germany (SEK2.38M), Norway (SEK762k), and Serbia (SEK68k), and were imported mostly from Germany (SEK56.2M), South Korea (SEK6.82M), Japan (SEK4.1M), Belgium (SEK2.96M), and Italy (SEK2.81M).

Growth In December 2023, the increase in Metal Lathes's year-by-year exports was explained primarily by an increase in exports to Norway (SEK157k or 199%) and United States (SEK20k or 667%). In December 2023, the increase in Metal Lathes's year-by-year imports was explained primarily by an increase in imports from Japan (SEK20.7M or 290%), Austria (SEK1.79M or 95.4%), and Norway (SEK612k or 48.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK6.19M(205%)

IMPORT GROWTH (December 2022 - December 2023)SEK13.5M(22.1%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)TurkeySEK3.16M

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.02M

IMPORTS (2022)$58.8M

NET TRADE (2022)-$53.8M

In 2022, Sweden exported $5.02M in Metal Lathes. The main destinations of Sweden exports on Metal Lathes were Turkey ($724k), Germany ($707k), Netherlands ($543k), Denmark ($407k), and Finland ($366k).

In 2022, Sweden imported $58.8M in Metal Lathes, mainly from Germany ($24.3M), Japan ($18.5M), Italy ($3.59M), South Korea ($2.09M), and Belgium ($1.6M).

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