Soil Preparation Machinery in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $370M in Soil Preparation Machinery, making it the 9th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 103rd most exported product in Sweden. The main destination of Soil Preparation Machinery exports from Sweden are: Germany ($39.7M), Poland ($37.1M), Bulgaria ($36.5M), Hungary ($33.4M), and France ($20.2M).

The fastest growing export markets for Soil Preparation Machinery of Sweden between 2021 and 2022 were Bulgaria ($14.5M), Hungary ($11.1M), and Latvia ($5.36M).

Imports In 2022, Sweden imported $142M in Soil Preparation Machinery, becoming the 23rd largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 256th most imported product in Sweden. Sweden imports Soil Preparation Machinery primarily from: Denmark ($22.6M), Germany ($16.2M), China ($15.6M), Finland ($14.2M), and France ($13.8M).

The fastest growing import markets in Soil Preparation Machinery for Sweden between 2021 and 2022 were France ($2.92M), Germany ($2.36M), and Spain ($2.33M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (68) were at the forefront of shipping Soil Preparation Machinery from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Soil Preparation Machinery exports accounted up to SEK232M and imports accounted up to SEK86.7M, resulting in a positive trade balance of SEK145M. Between December 2022 and December 2023 the exports of Sweden's Soil Preparation Machinery have increased by SEK5.89M (2.61%) from SEK226M to SEK232M, while imports decreased by SEK-41.1M (-32.2%) from SEK128M to SEK86.7M.

Destinations In December 2023, Soil Preparation Machinery were exported mostly to Germany (SEK29.9M), Bulgaria (SEK28.8M), France (SEK21.9M), Poland (SEK14.2M), and United Kingdom (SEK13.5M), and were imported mostly from Germany (SEK24.7M), China (SEK8.96M), Denmark (SEK8.78M), France (SEK6.86M), and Norway (SEK6.06M).

Growth In December 2023, the increase in Soil Preparation Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (SEK43.5M or 157%), Poland (SEK34.4M or 176%), and Hungary (SEK30.8M or 224%). In December 2023, the decrease in Soil Preparation Machinery's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-5.65M or -74.6%), Finland (SEK-4.74M or -42.8%), and China (SEK-3.17M or -18.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK5.89M(2.61%)

IMPORT GROWTH (December 2022 - December 2023)SEK-41.1M(-32.2%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)GermanySEK29.9M

This section shows Soil Preparation Machinery'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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$370M

IMPORTS (2022)$142M

NET TRADE (2022)$229M

In 2022, Sweden exported $370M in Soil Preparation Machinery. The main destinations of Sweden exports on Soil Preparation Machinery were Germany ($39.7M), Poland ($37.1M), Bulgaria ($36.5M), Hungary ($33.4M), and France ($20.2M).

In 2022, Sweden imported $142M in Soil Preparation Machinery, mainly from Denmark ($22.6M), Germany ($16.2M), China ($15.6M), Finland ($14.2M), and France ($13.8M).

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