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2022
Exports $19.8MWorld Rnk 24 / 145
Flag Rnk 534 / 1212
2022
Destination $1.59M South Korea
2021 - 2022
FASTEST GROWING MARKET $1.59MSouth Korea
2022
PRODUCT COMPLEXITY IN Electrical Insulators0.63Rnk 303 / 1025
2022
Imports $29.6MWorld Rnk 28 / 207
Flag Rnk 590 / 1213
2022
Origin $2.67M China
2021 - 2022
FASTEST GROWING ORIGIN $2.67MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $19.8M in Electrical Insulators, making it the 24th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 534th most exported product in Sweden. The main destination of Electrical Insulators exports from Sweden are: South Korea ($2.23M), Norway ($1.7M), Italy ($1.58M), Croatia ($1.4M), and Denmark ($1.34M).

The fastest growing export markets for Electrical Insulators of Sweden between 2021 and 2022 were South Korea ($1.59M), Norway ($1.24M), and United Kingdom ($1.21M).

Imports In 2022, Sweden imported $29.6M in Electrical Insulators, becoming the 28th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 590th most imported product in Sweden. Sweden imports Electrical Insulators primarily from: China ($12M), Germany ($3.97M), Canada ($1.82M), Estonia ($1.54M), and Austria ($1.52M).

The fastest growing import markets in Electrical Insulators for Sweden between 2021 and 2022 were China ($2.67M), Canada ($500k), and Austria ($410k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Electrical Insulators exports accounted up to SEK8.04M and imports accounted up to SEK34.7M, resulting in a negative trade balance of SEK26.6M. Between May 2023 and May 2024 the exports of Sweden's   Electrical Insulators have decreased by SEK-2.36M (-22.7%) from SEK10.4M to SEK8.04M, while imports increased by SEK17M (95.8%) from SEK17.7M to SEK34.7M.

Destinations In May 2024, Electrical Insulators were exported mostly to United States (SEK2.49M), Switzerland (SEK2.25M), Italy (SEK1.05M), Norway (SEK539k), and Turkey (SEK433k), and were imported mostly from Norway (SEK11.6M), Spain (SEK5.96M), China (SEK5.82M), Poland (SEK4.23M), and Germany (SEK2.99M).

Growth In May 2024, the decrease in Electrical Insulators's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-566k or -75.3%), Norway (SEK-376k or -45%), and Finland (SEK-9k or -69.2%). In May 2024, the increase in Electrical Insulators's year-by-year imports was explained primarily by an increase in imports from Canada (SEK9.45M or 1.63k%), Spain (SEK1.86M or 3.58k%), and United States (SEK1.54M or 4.06k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-2.36M(-22.7%)
IMPORT GROWTH (May 2023 - May 2024)SEK17M(95.8%)
MAIN EXPORTER (May 2024)undefined39.1M
MAIN DESTINATION (May 2024)United StatesSEK2.49M

This section shows Electrical Insulators'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 Electrical Insulators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.8M
IMPORTS (2022)$29.6M
NET TRADE (2022)-$9.81M

In 2022, Sweden exported $19.8M in Electrical Insulators. The main destinations of Sweden exports on Electrical Insulators were South Korea ($2.23M), Norway ($1.7M), Italy ($1.58M), Croatia ($1.4M), and Denmark ($1.34M).

In 2022, Sweden imported $29.6M in Electrical Insulators, mainly from China ($12M), Germany ($3.97M), Canada ($1.82M), Estonia ($1.54M), and Austria ($1.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
South Korea$1.59M (247%)
Norway$1.24M (273%)
United Kingdom$1.21M (2.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Sweden WERE (2021 - 2022):
Turkey-$1.45M (-58.9%)
Thailand-$1.06M (-81.8%)
Singapore-$1.03M (-98.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electrical Insulators were:
China $727M
United States $242M
Germany $217M
In 2022, Sweden's main importing competitors in Electrical Insulators were:
United States $438M
Germany $163M
Mexico $125M

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $857k
TOP IMPORT POTENTIALGermany+ $622k

Electrical Insulators’s highest export potential is United States. With an export gap of $857k.   Electrical Insulators’s highest import potential is Germany with an import gap of $622k.

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