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2022
Exports $152MWorld Rnk 11 / 108
Flag Rnk 204 / 1212
2022
Destination $12.5M Malaysia
2021 - 2022
FASTEST GROWING MARKET $12.5MItaly
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $41.9MWorld Rnk 20 / 182
Flag Rnk 506 / 1213
2022
Origin $3.49M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.49MSingapore
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $152M in Glass Working Machines, making it the 11th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 204th most exported product in Sweden. The main destination of Glass Working Machines exports from Sweden are: Malaysia ($22.8M), Italy ($16.7M), Luxembourg ($15.6M), Mexico ($12.9M), and United States ($12.2M).

The fastest growing export markets for Glass Working Machines of Sweden between 2021 and 2022 were Italy ($12.5M), Mexico ($11.5M), and Brazil ($10.5M).

Imports In 2022, Sweden imported $41.9M in Glass Working Machines, becoming the 20th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 506th most imported product in Sweden. Sweden imports Glass Working Machines primarily from: Germany ($6.68M), Malaysia ($6.64M), China ($6.45M), France ($5.02M), and Singapore ($4.51M).

The fastest growing import markets in Glass Working Machines for Sweden between 2021 and 2022 were Singapore ($3.49M), France ($2.62M), and China ($2.1M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Glass Working Machines exports accounted up to SEK188M and imports accounted up to SEK21.9M, resulting in a positive trade balance of SEK166M. Between May 2023 and May 2024 the exports of Sweden's   Glass Working Machines have increased by SEK32.5M (21%) from SEK155M to SEK188M, while imports decreased by SEK-11.2M (-33.8%) from SEK33M to SEK21.9M.

Destinations In May 2024, Glass Working Machines were exported mostly to Poland (SEK52.8M), Italy (SEK33.9M), Portugal (SEK23.9M), Malaysia (SEK22.1M), and Luxembourg (SEK11M), and were imported mostly from Germany (SEK4.5M), China (SEK3.64M), Italy (SEK2.75M), France (SEK2.09M), and United Kingdom (SEK1.65M).

Growth In May 2024, the increase in Glass Working Machines's year-by-year exports was explained primarily by an increase in exports to South Korea (SEK60.2M or 30.5k%), Portugal (SEK26.9M or 622%), and Italy (SEK11.9M or 87%). In May 2024, the decrease in Glass Working Machines's year-by-year imports was explained primarily by a decrease in imports from China (SEK-3.03M or -39.1%), France (SEK-2.48M or -51.7%), and Netherlands (SEK-1.91M or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK32.5M(21%)
IMPORT GROWTH (May 2023 - May 2024)SEK-11.2M(-33.8%)
MAIN EXPORTER (May 2024)undefined188M
MAIN DESTINATION (May 2024)PolandSEK52.8M

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$152M
IMPORTS (2022)$41.9M
NET TRADE (2022)$110M

In 2022, Sweden exported $152M in Glass Working Machines. The main destinations of Sweden exports on Glass Working Machines were Malaysia ($22.8M), Italy ($16.7M), Luxembourg ($15.6M), Mexico ($12.9M), and United States ($12.2M).

In 2022, Sweden imported $41.9M in Glass Working Machines, mainly from Germany ($6.68M), Malaysia ($6.64M), China ($6.45M), France ($5.02M), and Singapore ($4.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Italy$12.5M (297%)
Mexico$11.5M (841%)
Brazil$10.5M (832%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Sweden WERE (2021 - 2022):
United States-$5.47M (-30.9%)
Germany-$4.96M (-35.3%)
Poland-$1.28M (-53.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Glass Working Machines were:
Singapore $1.21B
Germany $879M
Japan $691M
In 2022, Sweden's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.33M
TOP IMPORT POTENTIALGermany+ $1.59M

Glass Working Machines’s highest export potential is United States. With an export gap of $2.33M.   Glass Working Machines’s highest import potential is Germany with an import gap of $1.59M.

See methodology.

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