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2022
Exports $20.4MWorld Rnk 26 / 198
Flag Rnk 530 / 1212
2022
Destination $748k Norway
2021 - 2022
FASTEST GROWING MARKET $748kUnited States
2022
PRODUCT COMPLEXITY IN Scales0.96Rnk 184 / 1025
2022
Imports $38.9MWorld Rnk 29 / 220
Flag Rnk 524 / 1213
2022
Origin $603k Germany
2021 - 2022
FASTEST GROWING ORIGIN $603kNetherlands
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $20.4M in Scales, making it the 26th largest exporter of Scales in the world. At the same year, Scales was the 530th most exported product in Sweden. The main destination of Scales exports from Sweden are: Norway ($4.31M), Germany ($2.32M), Finland ($2.03M), United States ($1.65M), and Denmark ($1.35M).

The fastest growing export markets for Scales of Sweden between 2021 and 2022 were United States ($748k), Germany ($396k), and Chile ($270k).

Imports In 2022, Sweden imported $38.9M in Scales, becoming the 29th largest importer of Scales in the world. At the same year, Scales was the 524th most imported product in Sweden. Sweden imports Scales primarily from: Germany ($7.51M), China ($5.95M), Denmark ($4.63M), Netherlands ($3.28M), and France ($3.17M).

The fastest growing import markets in Scales for Sweden between 2021 and 2022 were Netherlands ($603k), Germany ($345k), and Indonesia ($263k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Scales exports accounted up to SEK14.8M and imports accounted up to SEK29.9M, resulting in a negative trade balance of SEK15.1M. Between May 2023 and May 2024 the exports of Sweden's   Scales have decreased by SEK-4.12M (-21.8%) from SEK18.9M to SEK14.8M, while imports increased by SEK5.54M (22.8%) from SEK24.3M to SEK29.9M.

Destinations In May 2024, Scales were exported mostly to Norway (SEK3.66M), Finland (SEK1.28M), Germany (SEK1.2M), United States (SEK1.02M), and Italy (SEK1M), and were imported mostly from United States (SEK6.77M), Denmark (SEK4.99M), France (SEK2.85M), China (SEK2.37M), and Netherlands (SEK2.31M).

Growth In May 2024, the decrease in Scales's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-275k or -45.7%), Turkey (SEK-234k or -90.3%), and Netherlands (SEK-217k or -42.8%). In May 2024, the increase in Scales's year-by-year imports was explained primarily by an increase in imports from United States (SEK4.4M or 111%), France (SEK3.74M or 218%), and Germany (SEK695k or 19.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-4.12M(-21.8%)
IMPORT GROWTH (May 2023 - May 2024)SEK5.54M(22.8%)
MAIN EXPORTER (May 2024)undefined19.9M
MAIN DESTINATION (May 2024)NorwaySEK3.66M

This section shows Scales'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 Scales over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.4M
IMPORTS (2022)$38.9M
NET TRADE (2022)-$18.5M

In 2022, Sweden exported $20.4M in Scales. The main destinations of Sweden exports on Scales were Norway ($4.31M), Germany ($2.32M), Finland ($2.03M), United States ($1.65M), and Denmark ($1.35M).

In 2022, Sweden imported $38.9M in Scales, mainly from Germany ($7.51M), China ($5.95M), Denmark ($4.63M), Netherlands ($3.28M), and France ($3.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$748k (83.1%)
Germany$396k (20.5%)
Chile$270k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Sweden WERE (2021 - 2022):
Denmark-$728k (-35.1%)
China-$670k (-34.5%)
Norway-$378k (-8.07%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Scales were:
China $1.91B
Germany $683M
Japan $297M
In 2022, Sweden's main importing competitors in Scales were:
United States $871M
Germany $296M
Netherlands $285M

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.35M
TOP IMPORT POTENTIALChina+ $2.83M

Scales’s highest export potential is United States. With an export gap of $1.35M.   Scales’s highest import potential is China with an import gap of $2.83M.

See methodology.

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