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Pricing

2022
Exports $22.8MWorld Rnk 18 / 122
Flag Rnk 514 / 1212
2022
Destination $1.93M Spain
2021 - 2022
FASTEST GROWING MARKET $1.93MUnited States
2022
PRODUCT COMPLEXITY IN Steam Turbines0.39Rnk 412 / 1025
2022
Imports $21MWorld Rnk 40 / 191
Flag Rnk 658 / 1213
2022
Origin $15.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $15.6MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $22.8M in Steam Turbines, making it the 18th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 514th most exported product in Sweden. The main destination of Steam Turbines exports from Sweden are: Spain ($6.66M), United States ($6.17M), Lithuania ($1.47M), Canada ($1.29M), and Mexico ($1.05M).

The fastest growing export markets for Steam Turbines of Sweden between 2021 and 2022 were United States ($1.93M), Lithuania ($1.47M), and Peru ($863k).

Imports In 2022, Sweden imported $21M in Steam Turbines, becoming the 40th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 658th most imported product in Sweden. Sweden imports Steam Turbines primarily from: Germany ($17.1M), United States ($1.17M), United Kingdom ($617k), Czechia ($601k), and Iceland ($262k).

The fastest growing import markets in Steam Turbines for Sweden between 2021 and 2022 were Germany ($15.6M), United States ($1.09M), and United Kingdom ($266k).

COMPANIES In 2023, leading companies such as Volvo (1) were at the forefront of shipping Steam Turbines from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Steam Turbines exports accounted up to SEK40.7M and imports accounted up to SEK7.88M, resulting in a positive trade balance of SEK32.8M. Between May 2023 and May 2024 the exports of Sweden's   Steam Turbines have increased by SEK22.7M (126%) from SEK18M to SEK40.7M, while imports decreased by SEK-5.64M (-41.7%) from SEK13.5M to SEK7.88M.

Destinations In May 2024, Steam Turbines were exported mostly to Italy (SEK17.9M), Poland (SEK13.4M), Mexico (SEK4.84M), Argentina (SEK1.1M), and South Africa (SEK946k), and were imported mostly from Germany (SEK3.89M), Belgium (SEK1.63M), Poland (SEK864k), Switzerland (SEK647k), and Czechia (SEK306k).

Growth In May 2024, the increase in Steam Turbines's year-by-year exports was explained primarily by an increase in exports to United States (SEK14M or 183%), Spain (SEK778k or 677%), and Indonesia (SEK8k or 100%). In May 2024, the decrease in Steam Turbines's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK22.7M(126%)
IMPORT GROWTH (May 2023 - May 2024)SEK-5.64M(-41.7%)
MAIN EXPORTER (May 2024)undefined43.1M
MAIN DESTINATION (May 2024)ItalySEK17.9M

This section shows Steam Turbines'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 Steam Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.8M
IMPORTS (2022)$21M
NET TRADE (2022)$1.75M

In 2022, Sweden exported $22.8M in Steam Turbines. The main destinations of Sweden exports on Steam Turbines were Spain ($6.66M), United States ($6.17M), Lithuania ($1.47M), Canada ($1.29M), and Mexico ($1.05M).

In 2022, Sweden imported $21M in Steam Turbines, mainly from Germany ($17.1M), United States ($1.17M), United Kingdom ($617k), Czechia ($601k), and Iceland ($262k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$1.93M (45.4%)
Lithuania$1.47M (41.6k%)
Peru$863k (100k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Sweden WERE (2021 - 2022):
Indonesia-$27.7M (-96.7%)
Russia-$2.66M (-99.8%)
Senegal-$2.33M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Steam Turbines were:
Japan $678M
Germany $516M
China $502M
In 2022, Sweden's main importing competitors in Steam Turbines were:
Indonesia $262M
United States $211M
Bangladesh $188M

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $549k
TOP IMPORT POTENTIALUnited States+ $596k

Steam Turbines’s highest export potential is United States. With an export gap of $549k.   Steam Turbines’s highest import potential is United States with an import gap of $596k.

See methodology.

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