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2022
Exports $316MWorld Rnk 34 / 129
Flag Rnk 120 / 1212
2022
Destination $20.8M Belgium
2021 - 2022
FASTEST GROWING MARKET $20.8MGermany
2022
PRODUCT COMPLEXITY IN Ferroalloys-1.24Rnk 892 / 1025
2022
Imports $663MWorld Rnk 16 / 172
Flag Rnk 54 / 1213
2022
Origin $35.9M Norway
2021 - 2022
FASTEST GROWING ORIGIN $35.9MNorway
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $316M in Ferroalloys, making it the 34th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 120th most exported product in Sweden. The main destination of Ferroalloys exports from Sweden are: Belgium ($71.8M), Germany ($52.7M), Poland ($27.6M), United States ($20.6M), and Brazil ($20M).

The fastest growing export markets for Ferroalloys of Sweden between 2021 and 2022 were Germany ($20.8M), Brazil ($12.3M), and Poland ($8.12M).

Imports In 2022, Sweden imported $663M in Ferroalloys, becoming the 16th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 54th most imported product in Sweden. Sweden imports Ferroalloys primarily from: Norway ($122M), Netherlands ($77.4M), Finland ($76.5M), Kazakhstan ($39.2M), and Dominican Republic ($39.1M).

The fastest growing import markets in Ferroalloys for Sweden between 2021 and 2022 were Norway ($35.9M), Finland ($18M), and Belgium ($17.8M).

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

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Ferroalloys exports accounted up to SEK107M and imports accounted up to SEK481M, resulting in a negative trade balance of SEK374M. Between May 2023 and May 2024 the exports of Sweden's   Ferroalloys have decreased by SEK-191M (-64.1%) from SEK298M to SEK107M, while imports decreased by SEK-57.2M (-10.6%) from SEK538M to SEK481M.

Destinations In May 2024, Ferroalloys were exported mostly to United Kingdom (SEK21.9M), Japan (SEK17M), Poland (SEK12.7M), Germany (SEK10.8M), and Finland (SEK9.55M), and were imported mostly from Finland (SEK121M), Norway (SEK118M), Netherlands (SEK87.3M), Brazil (SEK34.2M), and United Kingdom (SEK27.6M).

Growth In May 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to Finland (SEK-16.6M or -65.1%), United Kingdom (SEK-6.2M or -66%), and Italy (SEK-2.24M or -43%). In May 2024, the decrease in Ferroalloys's year-by-year imports was explained primarily by a decrease in imports from Finland (SEK-83M or -72.1%), Netherlands (SEK-57.2M or -43.6%), and United Kingdom (SEK-28.4M or -41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK-191M(-64.1%)
IMPORT GROWTH (May 2023 - May 2024)SEK-57.2M(-10.6%)
MAIN EXPORTER (May 2024)undefined206M
MAIN DESTINATION (May 2024)United KingdomSEK21.9M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$316M
IMPORTS (2022)$663M
NET TRADE (2022)-$347M

In 2022, Sweden exported $316M in Ferroalloys. The main destinations of Sweden exports on Ferroalloys were Belgium ($71.8M), Germany ($52.7M), Poland ($27.6M), United States ($20.6M), and Brazil ($20M).

In 2022, Sweden imported $663M in Ferroalloys, mainly from Norway ($122M), Netherlands ($77.4M), Finland ($76.5M), Kazakhstan ($39.2M), and Dominican Republic ($39.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$20.8M (65.1%)
Brazil$12.3M (159%)
Poland$8.12M (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Sweden WERE (2021 - 2022):
Slovenia-$9.56M (-46.6%)
Finland-$6.16M (-26%)
United States-$4.66M (-18.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Ferroalloys were:
Indonesia $13.7B
South Africa $4.4B
Brazil $4.24B
In 2022, Sweden's main importing competitors in Ferroalloys were:
China $19.9B
United States $4.85B
Japan $3.5B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.8M
TOP IMPORT POTENTIALBrazil+ $17.1M

Ferroalloys’s highest export potential is United States. With an export gap of $13.8M.   Ferroalloys’s highest import potential is Brazil with an import gap of $17.1M.

See methodology.

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