Precious Metal Watches in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $17.2M in Precious Metal Watches, making it the 33rd largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 554th most exported product in Sweden. The main destination of Precious Metal Watches exports from Sweden are: United States ($5.54M), Hong Kong ($4.03M), Switzerland ($1.68M), Italy ($1.23M), and Netherlands ($667k).

The fastest growing export markets for Precious Metal Watches of Sweden between 2021 and 2022 were Turkey ($505k), Italy ($501k), and Switzerland ($406k).

Imports In 2022, Sweden imported $63.3M in Precious Metal Watches, becoming the 33rd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 419th most imported product in Sweden. Sweden imports Precious Metal Watches primarily from: Switzerland ($48.7M), France ($3.52M), Netherlands ($2.47M), Italy ($1.77M), and Latvia ($1.51M).

The fastest growing import markets in Precious Metal Watches for Sweden between 2021 and 2022 were Switzerland ($5.15M), France ($1.71M), and Latvia ($1.46M).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Precious Metal Watches exports accounted up to SEK14.3M and imports accounted up to SEK52.8M, resulting in a negative trade balance of SEK38.5M. Between January 2023 and January 2024 the exports of Sweden's Precious Metal Watches have increased by SEK4.85M (51.5%) from SEK9.43M to SEK14.3M, while imports increased by SEK18.7M (54.6%) from SEK34.1M to SEK52.8M.

Destinations In January 2024, Precious Metal Watches were exported mostly to United States (SEK3.53M), Netherlands (SEK3.46M), Hong Kong (SEK3.02M), Denmark (SEK775k), and Switzerland (SEK726k), and were imported mostly from Switzerland (SEK31.5M), Germany (SEK6.84M), Italy (SEK4.65M), Netherlands (SEK2.9M), and France (SEK1.69M).

Growth In January 2024, the increase in Precious Metal Watches's year-by-year exports was explained primarily by an increase in exports to Turkey (SEK828k or 41.4k%), United Kingdom (SEK519k or 331%), and Italy (SEK353k or 3.53k%). In January 2024, the increase in Precious Metal Watches's year-by-year imports was explained primarily by an increase in imports from United States (SEK1.77M or 219%), Germany (SEK696k or 63.9%), and France (SEK517k or 34.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK4.85M(51.5%)

IMPORT GROWTH (January 2023 - January 2024)SEK18.7M(54.6%)

MAIN EXPORTER (January 2024)undefined14.3M

MAIN DESTINATION (January 2024)United StatesSEK3.53M

This section shows Precious Metal Watches'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 Precious Metal Watches over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$17.2M

IMPORTS (2022)$63.3M

NET TRADE (2022)-$46.1M

In 2022, Sweden exported $17.2M in Precious Metal Watches. The main destinations of Sweden exports on Precious Metal Watches were United States ($5.54M), Hong Kong ($4.03M), Switzerland ($1.68M), Italy ($1.23M), and Netherlands ($667k).

In 2022, Sweden imported $63.3M in Precious Metal Watches, mainly from Switzerland ($48.7M), France ($3.52M), Netherlands ($2.47M), Italy ($1.77M), and Latvia ($1.51M).

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