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2022
Exports $510MWorld Rnk 33 / 226
Flag Rnk 76 / 1212
2022
Destination $47M Germany
2021 - 2022
FASTEST GROWING MARKET $47MGermany
2022
PRODUCT COMPLEXITY IN Integrated Circuits1.48Rnk 56 / 1025
2022
Imports $1.25BWorld Rnk 33 / 225
Flag Rnk 18 / 1213
2022
Origin $77.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $77.4MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $510M in Integrated Circuits, making it the 33rd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 76th most exported product in Sweden. The main destination of Integrated Circuits exports from Sweden are: Germany ($77.8M), China ($59.8M), Poland ($49M), United States ($36.2M), and Italy ($35.7M).

The fastest growing export markets for Integrated Circuits of Sweden between 2021 and 2022 were Germany ($47M), Poland ($22M), and Netherlands ($21.2M).

Imports In 2022, Sweden imported $1.25B in Integrated Circuits, becoming the 33rd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 18th most imported product in Sweden. Sweden imports Integrated Circuits primarily from: Germany ($268M), Netherlands ($194M), Chinese Taipei ($126M), China ($105M), and Belgium ($76.9M).

The fastest growing import markets in Integrated Circuits for Sweden between 2021 and 2022 were Germany ($77.4M), Chinese Taipei ($33.6M), and Malaysia ($29.5M).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Integrated Circuits exports accounted up to SEK227M and imports accounted up to SEK595M, resulting in a negative trade balance of SEK368M. Between July 2023 and July 2024 the exports of Sweden's   Integrated Circuits have decreased by SEK-1.31M (-0.57%) from SEK228M to SEK227M, while imports decreased by SEK-507M (-46%) from SEK1.1B to SEK595M.

Destinations In July 2024, Integrated Circuits were exported mostly to Poland (SEK29.7M), Thailand (SEK26M), Mexico (SEK22.5M), Estonia (SEK15.4M), and Hong Kong (SEK15.2M), and were imported mostly from Netherlands (SEK131M), Germany (SEK114M), United States (SEK60M), Chinese Taipei (SEK39.1M), and Belgium (SEK36.9M).

Growth In July 2024, the decrease in Integrated Circuits's year-by-year exports was explained primarily by a decrease in exports to Netherlands (SEK-120M or -90.5%), Norway (SEK-6.82M or -53.5%), and Italy (SEK-5.05M or -20.4%). In July 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (SEK-86.7M or -63.2%), China (SEK-42.5M or -67%), and Singapore (SEK-25.9M or -63.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-1.31M(-0.57%)
IMPORT GROWTH (July 2023 - July 2024)SEK-507M(-46%)
MAIN EXPORTER (July 2024)undefined260M
MAIN DESTINATION (July 2024)PolandSEK29.7M

This section shows Integrated Circuits'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 Integrated Circuits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$510M
IMPORTS (2022)$1.25B
NET TRADE (2022)-$742M

In 2022, Sweden exported $510M in Integrated Circuits. The main destinations of Sweden exports on Integrated Circuits were Germany ($77.8M), China ($59.8M), Poland ($49M), United States ($36.2M), and Italy ($35.7M).

In 2022, Sweden imported $1.25B in Integrated Circuits, mainly from Germany ($268M), Netherlands ($194M), Chinese Taipei ($126M), China ($105M), and Belgium ($76.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$47M (152%)
Poland$22M (81.6%)
Netherlands$21.2M (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Sweden WERE (2021 - 2022):
Norway-$5.39M (-33.3%)
Hong Kong-$5.22M (-39%)
China-$3.9M (-6.13%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Integrated Circuits were:
Chinese Taipei $223B
China $212B
South Korea $121B
In 2022, Sweden's main importing competitors in Integrated Circuits were:
China $232B
Hong Kong $201B
Chinese Taipei $80.9B

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $66.7M
TOP IMPORT POTENTIALChina+ $114M

Integrated Circuits’s highest export potential is China. With an export gap of $66.7M.   Integrated Circuits’s highest import potential is China with an import gap of $114M.

See methodology.

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