T3 · Product exporter position

Sweden exports of Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 (HS 870423)

See where Sweden stands in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1: export scale, destination breadth, market position, growth, and reported trade history.

Exporter SWEHS6 870423Latest year 2024Stable

Latest exports

$1.6BLatest observed lane total

Destination markets

95Reported active markets

Three-year growth

+1.2%Annualized change

Destination HHI

659Destination concentration

Weighted share

33.5%Reported market position

Exporter evidence

How strong is Sweden in Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1?

Reported exporter totals and calculated indicators for HS 870423. Values retain their observed coverage period.

Exporter scale

Latest exports$1.6B
Current 2024 exports$1.6B
Three-year average$1.7B
Historical peak$3.4B

Market position

Active destinations95
Destination HHI659
Weighted share33.5%
Share change+1.6 pp

Competitiveness

Three-year growth+1.2%
Volatility0.8
Maximum drawdown85.3%
TrendStable
MeasureValueWhat it describes
ExporterSwedenCountry represented by this profile
Latest observed exports$1.6BSum of latest observed destination-lane values
Current 2024 exports$1.6BCommon-year comparison where reported
Three-year growth+1.2%Annualized change in exporter totals
Five-year growth+1.6%Annualized change in exporter totals
Leading destinationNORDestination with the largest observed export value
Leading destination share14.3%Share of observed exporter totals
Destination concentration659HHI across destination markets
Weighted share change+1.6 ppValue-weighted latest change in market share
Limited-history lanes20.1%Share of lanes with shorter history

Destination markets

Where does Sweden sell vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Norway$230.2M54.6%+3.7%FTA reportedGrowing
Finland$199.6M62.1%-6.4%FTA reportedGrowing
Republic of Korea$160.5M39.5%+9.8%FTA reportedGrowing
India$110.3M94.2%+61.3%0.5% tariffAccelerating
Poland$90.4M20.5%+9.3%FTA reportedAccelerating
Germany$82.6M3.5%-19.1%FTA reportedGrowing
United Kingdom$72.3M7.3%+14.6%FTA reportedGrowing
Israel$68.3M29.9%-2.6%FTA reportedStable
Netherlands$63.9M17.5%+1.1%FTA reportedAccelerating
Denmark$46.6M30.6%-14%FTA reportedGrowing

Destination

Norway

Latest exports
$230.2M
Market share
54.6%
Growth
+3.7%
Access
FTA reported
Signal
Growing

Destination

Finland

Latest exports
$199.6M
Market share
62.1%
Growth
-6.4%
Access
FTA reported
Signal
Growing

Destination

Republic of Korea

Latest exports
$160.5M
Market share
39.5%
Growth
+9.8%
Access
FTA reported
Signal
Growing

Destination

India

Latest exports
$110.3M
Market share
94.2%
Growth
+61.3%
Access
0.5% tariff
Signal
Accelerating

Destination

Poland

Latest exports
$90.4M
Market share
20.5%
Growth
+9.3%
Access
FTA reported
Signal
Accelerating

Destination

Germany

Latest exports
$82.6M
Market share
3.5%
Growth
-19.1%
Access
FTA reported
Signal
Growing

Destination

United Kingdom

Latest exports
$72.3M
Market share
7.3%
Growth
+14.6%
Access
FTA reported
Signal
Growing

Destination

Israel

Latest exports
$68.3M
Market share
29.9%
Growth
-2.6%
Access
FTA reported
Signal
Stable

Destination

Netherlands

Latest exports
$63.9M
Market share
17.5%
Growth
+1.1%
Access
FTA reported
Signal
Accelerating

Destination

Denmark

Latest exports
$46.6M
Market share
30.6%
Growth
-14%
Access
FTA reported
Signal
Growing

Price intelligence

How does Sweden's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Israel: $546.7K / ton.

Lowest reported price

Guinea: $61.0 / ton.

Median price

$8.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for Sweden and HS 870423 where available.

YearExportsYear-on-year changeActive destinations
2010$1.0B+117.6%108
2011$1.5B+50.3%110
2012$1.5B-3.6%112
2013$1.6B+9.2%115
2014$1.6B-1.5%116
2015$1.2B-21.6%113
2016$1.2B+0.1%116
2017$1.6B+33.9%110
2018$1.6B-5%112
2019$1.5B-6.3%112
2020$1.2B-15.3%105
2021$1.5B+23.2%101
2022$1.7B+13.5%99
2023$1.7B+0%101
2024$1.6B-8.7%95

Exporter context

Sweden economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 870423.

Sweden has reported exports of $186.0B and a trade balance of $16.0B in 2024.

Available structural indicators include 50.2% trade openness, 24.1% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Sweden vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.