Iron Fasteners in Sweden 2021 Exports | Imports : $404M | $635M, World Rnk 20 / 223 Rnk 95 / 1209 | World Rnk 21 / 225 Rnk 55 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.4M | $51M, Poland | Chinese Taipei
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Iron Fasteners: 1.69, Rnk 27 / 1029
Exports In 2021, Sweden exported $404M in Iron Fasteners, making it the 20th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 95th most exported product in Sweden. The main destination of Iron Fasteners exports from Sweden are: Germany ($35.4M), Poland ($32.9M), Denmark ($31.2M), United States ($30.6M), and Norway ($30M).
The fastest growing export markets for Iron Fasteners of Sweden between 2020 and 2021 were Poland ($11.4M), Germany ($9.58M), and United States ($7.13M).
Imports In 2021, Sweden imported $635M in Iron Fasteners, becoming the 21st largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 55th most imported product in Sweden. Sweden imports Iron Fasteners primarily from: Germany ($171M), Chinese Taipei ($140M), China ($65.8M), Italy ($38.1M), and Netherlands ($21.6M).
The fastest growing import markets in Iron Fasteners for Sweden between 2020 and 2021 were Chinese Taipei ($51M), Germany ($30M), and China ($27.3M).
Tariffs In 1989, the average tariff for Sweden in Iron Fasteners was 4.4%. The countries with the highest import tariffs for Iron Fasteners were Angola (Most Favoured Nation duty rate treatment, 4.4%), Burundi (Most Favoured Nation duty rate treatment, 4.4%), Benin (Most Favoured Nation duty rate treatment, 4.4%), Burkina Faso (Most Favoured Nation duty rate treatment, 4.4%), and Botswana (Most Favoured Nation duty rate treatment, 4.4%).
January 2023
Overview In January 2023 Sweden's Iron Fasteners exports accounted up to SEK332M and imports accounted up to SEK533M, resulting in a negative trade balance of SEK201M. Between January 2022 and January 2023 the exports of Sweden's Iron Fasteners have increased by SEK23.1M (7.49%) from SEK309M to SEK332M, while imports increased by SEK23.2M (4.55%) from SEK510M to SEK533M.
Destinations In January 2023, Iron Fasteners were exported mostly to Norway (SEK35.1M), United States (SEK31.8M), Denmark (SEK30.4M), Germany (SEK26.3M), and Poland (SEK24M), and were imported mostly from Germany (SEK145M), Taiwan (SEK109M), China (SEK42.4M), Italy (SEK36.8M), and Denmark (SEK17.9M).
Growth In January 2023, the increase in Iron Fasteners's year-by-year exports was explained primarily by an increase in exports to United States (SEK13.6M or 60.8%), Norway (SEK11M or 46.1%), and Denmark (SEK9.2M or 57.2%). In January 2023, the increase in Iron Fasteners's year-by-year imports was explained primarily by an increase in imports from Taiwan (SEK95.9M or 225%), China (SEK30.2M or 77.6%), and Spain (SEK11.3M or 126%).
EXPORT GROWTH (January 2022 - January 2023): SEK23.1M, (7.49%)
IMPORT GROWTH (January 2022 - January 2023): SEK23.2M, (4.55%)
MAIN DESTINATION (January 2023): Norway, SEK35.1M
This section shows Iron Fasteners'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 Iron Fasteners over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $404M
IMPORTS (2021): $635M
NET TRADE (2021): -$231M
In 2021, Sweden exported $404M in Iron Fasteners. The main destinations of Sweden exports on Iron Fasteners were Germany ($35.4M), Poland ($32.9M), Denmark ($31.2M), United States ($30.6M), and Norway ($30M).
In 2021, Sweden imported $635M in Iron Fasteners, mainly from Germany ($171M), Chinese Taipei ($140M), China ($65.8M), Italy ($38.1M), and Netherlands ($21.6M).
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Iron Fasteners were:
In 2021, Sweden's main importing competitors in Iron Fasteners were:
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