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2022
Exports $19.9MWorld Rnk 10 / 114
Flag Rnk 532 / 1212
2022
Destination $531k Germany
2021 - 2022
FASTEST GROWING MARKET $531kCzechia
2022
PRODUCT COMPLEXITY IN Iron Ingots-1.39Rnk 930 / 1025
2022
Imports $6.85MWorld Rnk 18 / 172
Flag Rnk 862 / 1213
2022
Origin $1.31M Latvia
2021 - 2022
FASTEST GROWING ORIGIN $1.31MLatvia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $19.9M in Iron Ingots, making it the 10th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 532nd most exported product in Sweden. The main destination of Iron Ingots exports from Sweden are: Germany ($15.2M), Spain ($1.76M), Czechia ($1.36M), Finland ($511k), and Norway ($411k).

The fastest growing export markets for Iron Ingots of Sweden between 2021 and 2022 were Czechia ($531k), United Kingdom ($185k), and Netherlands ($90.6k).

Imports In 2022, Sweden imported $6.85M in Iron Ingots, becoming the 18th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 862nd most imported product in Sweden. Sweden imports Iron Ingots primarily from: Latvia ($1.75M), Poland ($1.58M), Denmark ($1.3M), Finland ($1.2M), and China ($451k).

The fastest growing import markets in Iron Ingots for Sweden between 2021 and 2022 were Latvia ($1.31M), Poland ($587k), and Finland ($208k).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Iron Ingots exports accounted up to SEK49.5M and imports accounted up to SEK3.94M, resulting in a positive trade balance of SEK45.6M. Between June 2023 and June 2024 the exports of Sweden's   Iron Ingots have increased by SEK31.4M (173%) from SEK18.1M to SEK49.5M, while imports increased by SEK1.01M (34.5%) from SEK2.93M to SEK3.94M.

Destinations In June 2024, Iron Ingots were exported mostly to Germany (SEK32.2M), Spain (SEK15.4M), United Kingdom (SEK1.1M), Czechia (SEK669k), and Italy (SEK65k), and were imported mostly from Denmark (SEK2.21M), Finland (SEK774k), Latvia (SEK542k), Germany (SEK257k), and France (SEK115k).

Growth In June 2024, the increase in Iron Ingots's year-by-year exports was explained primarily by an increase in exports to Germany (SEK21.9M or 14.8k%), Czechia (SEK987k or 234%), and United States (SEK38k or 950%). In June 2024, the increase in Iron Ingots's year-by-year imports was explained primarily by an increase in imports from Latvia (SEK1.29M or 155%), Denmark (SEK426k or 58.3%), and Germany (SEK87k or 272%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK31.4M(173%)
IMPORT GROWTH (June 2023 - June 2024)SEK1.01M(34.5%)
MAIN EXPORTER (June 2024)undefined58M
MAIN DESTINATION (June 2024)GermanySEK32.2M

This section shows Iron Ingots'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 Ingots over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.9M
IMPORTS (2022)$6.85M
NET TRADE (2022)$13.1M

In 2022, Sweden exported $19.9M in Iron Ingots. The main destinations of Sweden exports on Iron Ingots were Germany ($15.2M), Spain ($1.76M), Czechia ($1.36M), Finland ($511k), and Norway ($411k).

In 2022, Sweden imported $6.85M in Iron Ingots, mainly from Latvia ($1.75M), Poland ($1.58M), Denmark ($1.3M), Finland ($1.2M), and China ($451k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Czechia$531k (64.2%)
United Kingdom$185k (1.05k%)
Netherlands$90.6k (430%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Sweden WERE (2021 - 2022):
Germany-$12M (-44.1%)
Poland-$2.95M (-100%)
Spain-$2.18M (-55.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Sweden's main importing competitors in Iron Ingots were:
Italy $188M
Guatemala $85.4M
Jordan $69.5M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFinland+ $121k
TOP IMPORT POTENTIALChina+ $233k

Iron Ingots’s highest export potential is Finland. With an export gap of $121k.   Iron Ingots’s highest import potential is China with an import gap of $233k.

See methodology.

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