Iron Ore in Sweden 2020 Exports | Imports : $3.07B | $5.34M, World Rnk 7 / 115 Rnk 9 / 1211 | World Rnk 55 / 124 Rnk 864 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $291M | $512k, China | Norway
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Iron Ore: -1.76, Rnk 986 / 1029
Exports In 2020, Sweden exported $3.07B in Iron Ore, making it the 7th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 9th most exported product in Sweden. The main destination of Iron Ore exports from Sweden are: China ($435M), Germany ($431M), Saudi Arabia ($358M), Netherlands ($279M), and Turkey ($235M).
The fastest growing export markets for Iron Ore of Sweden between 2019 and 2020 were China ($291M), Turkey ($66.6M), and Saudi Arabia ($56.1M).
Imports In 2020, Sweden imported $5.34M in Iron Ore, becoming the 55th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 864th most imported product in Sweden. Sweden imports Iron Ore primarily from: Finland ($2.71M), Norway ($1.94M), Poland ($314k), Germany ($223k), and South Africa ($148k).
The fastest growing import markets in Iron Ore for Sweden between 2019 and 2020 were Norway ($512k), Poland ($242k), and United States ($366).
August 2022
Overview In August 2022 Sweden's Iron Ore exports accounted up to SEK3.69B and imports accounted up to SEK1.45M, resulting in a positive trade balance of SEK3.69B. Between August 2021 and August 2022 the exports of Sweden's Iron Ore have increased by SEK266M (7.78%) from SEK3.42B to SEK3.69B, while imports decreased by SEK-5.6M (-79.4%) from SEK7.05M to SEK1.45M.
Destinations In August 2022, Iron Ore were exported mostly to Saudi Arabia (SEK1.01B), Germany (SEK595M), United Kingdom (SEK444M), Finland (SEK362M), and United States (SEK334M), and were imported mostly from Poland (SEK1.03M), South Africa (SEK208k), Germany (SEK208k), and Norway (SEK1k).
Growth In August 2022, the increase in Iron Ore's year-by-year exports was explained primarily by an increase in exports to Finland (SEK361M or 133%), United Kingdom (SEK263M or 636%), and Netherlands (SEK252M or 191%). In August 2022, the decrease in Iron Ore's year-by-year imports was explained primarily by a decrease in imports from .
EXPORT GROWTH (August 2021 - August 2022): SEK266M, (7.78%)
IMPORT GROWTH (August 2021 - August 2022): SEK-5.6M, (-79.4%)
MAIN DESTINATION (August 2022): Saudi Arabia, SEK1.01B
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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EXPORTS (2020): $3.07B
IMPORTS (2020): $5.34M
NET TRADE (2020): $3.07B
In 2020, Sweden exported $3.07B in Iron Ore. The main destinations of Sweden exports on Iron Ore were China ($435M), Germany ($431M), Saudi Arabia ($358M), Netherlands ($279M), and Turkey ($235M).
In 2020, Sweden imported $5.34M in Iron Ore, mainly from Finland ($2.71M), Norway ($1.94M), Poland ($314k), Germany ($223k), and South Africa ($148k).
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Sweden WERE (2019 - 2020):
In 2020, Sweden's main exporting competitors in Iron Ore were:
In 2020, Sweden's main importing competitors in Iron Ore were:
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