Bicycles, delivery tricycles, other cycles in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $32.5M in Bicycles, delivery tricycles, other cycles, making it the 29th largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 442nd most exported product in Sweden. The main destination of Bicycles, delivery tricycles, other cycles exports from Sweden are: Finland ($23.2M), Denmark ($5.09M), Austria ($1.36M), Norway ($1.23M), and Malaysia ($343k).

The fastest growing export markets for Bicycles, delivery tricycles, other cycles of Sweden between 2021 and 2022 were Finland ($15.4M), Austria ($435k), and Norway ($385k).

Imports In 2022, Sweden imported $118M in Bicycles, delivery tricycles, other cycles, becoming the 21st largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 287th most imported product in Sweden. Sweden imports Bicycles, delivery tricycles, other cycles primarily from: Netherlands ($26.3M), Germany ($13.8M), Chinese Taipei ($11.5M), Indonesia ($10.4M), and China ($10.2M).

The fastest growing import markets in Bicycles, delivery tricycles, other cycles for Sweden between 2021 and 2022 were Spain ($6.56M), China ($3.7M), and Turkey ($2.27M).

Latest Trends

May 2024

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Overview In May 2024 Sweden's Bicycles, delivery tricycles, other cycles exports accounted up to SEK17.7M and imports accounted up to SEK84M, resulting in a negative trade balance of SEK66.3M. Between May 2023 and May 2024 the exports of Sweden's Bicycles, delivery tricycles, other cycles have decreased by SEK-8.14M (-31.5%) from SEK25.8M to SEK17.7M, while imports decreased by SEK-33.8M (-28.7%) from SEK118M to SEK84M.

Destinations In May 2024, Bicycles, delivery tricycles, other cycles were exported mostly to Finland (SEK14.2M), Norway (SEK1.46M), Denmark (SEK1.12M), Poland (SEK299k), and United Kingdom (SEK163k), and were imported mostly from Bangladesh (SEK16M), Indonesia (SEK11.1M), Denmark (SEK8.83M), Germany (SEK8.06M), and Belgium (SEK6.49M).

Growth In May 2024, the decrease in Bicycles, delivery tricycles, other cycles's year-by-year exports was explained primarily by a decrease in exports to Austria (SEK-3.04M or -64%), Finland (SEK-2.52M or -28.1%), and Denmark (SEK-208k or -8.07%). In May 2024, the decrease in Bicycles, delivery tricycles, other cycles's year-by-year imports was explained primarily by a decrease in imports from Philippines (SEK-2.93M or -99.5%), Germany (SEK-1.64M or -18.2%), and Thailand (SEK-1.42M or -43.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - May 2024)SEK-8.14M(-31.5%)

IMPORT GROWTH (May 2023 - May 2024)SEK-33.8M(-28.7%)

MAIN EXPORTER (May 2024)undefined29.6M

MAIN DESTINATION (May 2024)FinlandSEK14.2M

This section shows Bicycles, delivery tricycles, other cycles'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 Bicycles, delivery tricycles, other cycles over time.

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