PORTUGAL: New subnational monthly data !
Have fun with OEC Games!
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Exports $3.55BWorld Rnk 5 / 128
Flag Rnk 10 / 1212
2022
Destination $112M Germany
2021 - 2022
FASTEST GROWING MARKET $112MSingapore
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $21.5MWorld Rnk 50 / 130
Flag Rnk 655 / 1213
2022
Origin $11.3M India
2021 - 2022
FASTEST GROWING ORIGIN $11.3MIndia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $3.55B in Iron Ore, making it the 5th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 10th most exported product in Sweden. The main destination of Iron Ore exports from Sweden are: Germany ($671M), Saudi Arabia ($425M), Finland ($418M), Netherlands ($387M), and Turkey ($295M).

The fastest growing export markets for Iron Ore of Sweden between 2021 and 2022 were Singapore ($112M), Turkey ($13.4M), and Malaysia ($11M).

Imports In 2022, Sweden imported $21.5M in Iron Ore, becoming the 50th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 655th most imported product in Sweden. Sweden imports Iron Ore primarily from: India ($11.3M), Finland ($7.6M), Norway ($1.95M), Poland ($430k), and South Africa ($71.9k).

The fastest growing import markets in Iron Ore for Sweden between 2021 and 2022 were India ($11.3M), Finland ($5.32M), and Poland ($93.3k).

COMPANIES In 2023, leading companies such as Teknor Apex (1) were at the forefront of shipping Iron Ore from Sweden to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Sweden's Iron Ore exports accounted up to SEK1.43B and imports accounted up to SEK107M, resulting in a positive trade balance of SEK1.32B. Between March 2023 and March 2024 the exports of Sweden's   Iron Ore have decreased by SEK-1.81B (-55.8%) from SEK3.23B to SEK1.43B, while imports increased by SEK102M (1.77k%) from SEK5.75M to SEK107M.

Destinations In March 2024, Iron Ore were exported mostly to Germany (SEK507M), Finland (SEK322M), Saudi Arabia (SEK267M), Singapore (SEK129M), and United Kingdom (SEK120M), and were imported mostly from United States (SEK104M), Norway (SEK3.73M), and Australia (SEK21k).

Growth In March 2024, the decrease in Iron Ore's year-by-year exports was explained primarily by a decrease in exports to China (SEK-205M or -99.9%), United Kingdom (SEK-86.6M or -42.2%), and Germany (SEK-72.3M or -15.8%). In March 2024, the increase in Iron Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)SEK-1.81B(-55.8%)
IMPORT GROWTH (March 2023 - March 2024)SEK102M(1.77k%)
MAIN EXPORTER (March 2024)undefined1.43B
MAIN DESTINATION (March 2024)GermanySEK507M

This section shows Iron Ore'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 Ore over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.55B
IMPORTS (2022)$21.5M
NET TRADE (2022)$3.52B

In 2022, Sweden exported $3.55B in Iron Ore. The main destinations of Sweden exports on Iron Ore were Germany ($671M), Saudi Arabia ($425M), Finland ($418M), Netherlands ($387M), and Turkey ($295M).

In 2022, Sweden imported $21.5M in Iron Ore, mainly from India ($11.3M), Finland ($7.6M), Norway ($1.95M), Poland ($430k), and South Africa ($71.9k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Singapore$112M (267%)
Turkey$13.4M (4.77%)
Malaysia$11M (190k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Sweden WERE (2021 - 2022):
United Kingdom-$227M (-59.7%)
Belgium-$146M (-50%)
Germany-$145M (-17.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Sweden's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

Explore Visualizations

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $174M
TOP IMPORT POTENTIALNorway+ $1.08M

Iron Ore’s highest export potential is China. With an export gap of $174M.   Iron Ore’s highest import potential is Norway with an import gap of $1.08M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms