2021
Exports | Imports
$4.68B | $7.6MWorld Rnk 6 / 130
Flag Rnk 6 / 1209
World Rnk 53 / 129
Flag Rnk 833 / 1211
2021
ECONOMIC COMPLEXITY of Sweden
1.54Rnk 8 / 131
2021
PRODUCT COMPLEXITY IN Iron Ore
-1.83Rnk 982 / 1024

About

Exports In 2021, Sweden exported $4.68B in Iron Ore, making it the 6th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 6th most exported product in Sweden. The main destination of Iron Ore exports from Sweden are: Germany ($814M), Netherlands ($524M), Finland ($509M), Saudi Arabia ($498M), and United Kingdom ($387M).

The fastest growing export markets for Iron Ore of Sweden between 2020 and 2021 were Germany ($382M), Finland ($293M), and Netherlands ($244M).

Imports In 2021, Sweden imported $7.6M in Iron Ore, becoming the 53rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 833rd most imported product in Sweden. Sweden imports Iron Ore primarily from: Norway ($3.01M), Finland ($2.34M), Russia ($1.74M), Poland ($335k), and South Africa ($164k).

The fastest growing import markets in Iron Ore for Sweden between 2020 and 2021 were Russia ($1.74M), Norway ($1.07M), and Poland ($20.8k).

Latest Trends

October 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2022 - October 2023)SEK2.04B(66.7%)
IMPORT GROWTH (October 2022 - October 2023)SEK6.69M(74.4k%)
MAIN EXPORTER (October 2023)undefined5.1B
MAIN DESTINATION (October 2023)NorwaySEK1.29B

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.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$4.68B
IMPORTS (2021)$7.6M
NET TRADE (2021)$4.67B

In 2021, Sweden exported $4.68B in Iron Ore. The main destinations of Sweden exports on Iron Ore were Germany ($814M), Netherlands ($524M), Finland ($509M), Saudi Arabia ($498M), and United Kingdom ($387M).

In 2021, Sweden imported $7.6M in Iron Ore, mainly from Norway ($3.01M), Finland ($2.34M), Russia ($1.74M), Poland ($335k), and South Africa ($164k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
Germany$382M (88.7%)
Finland$293M (135%)
Netherlands$244M (87.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Sweden WERE (2020 - 2021):
China-$301M (-68.9%)
Algeria-$27.8M (-49.4%)
Spain-$18.5M (-99.5%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Sweden's main exporting competitors in Iron Ore were:
In 2021, Sweden's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

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