Iron Ore in Sweden 2019 Exports | Imports : $2.55B | $14.7M, World Rnk 6 / 115 Rnk 10 / 1212 | World Rnk 53 / 130 Rnk 703 / 1210
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $101M | $740k, China | Russia
2019 ECONOMIC COMPLEXITY of Sweden: 1.65, Rnk 8 / 147
2019 PRODUCT COMPLEXITY IN Iron Ore: -1.86, Rnk 999 / 1029
Exports In 2019, Sweden exported $2.55B in Iron Ore, making it the 6th 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 ($445M), Saudi Arabia ($302M), Finland ($227M), Netherlands ($226M), and United Kingdom ($212M).
The fastest growing export markets for Iron Ore of Sweden between 2018 and 2019 were China ($101M), United Arab Emirates ($71.4M), and Bahrain ($55.5M).
Imports In 2019, Sweden imported $14.7M in Iron Ore, becoming the 53rd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 703rd most imported product in Sweden. Sweden imports Iron Ore primarily from: Finland ($11.3M), Norway ($1.42M), Russia ($740k), Germany ($547k), and Switzerland ($505k).
The fastest growing import markets in Iron Ore for Sweden between 2018 and 2019 were Russia ($740k), Switzerland ($505k), and Poland ($53k).
July 2021
Overview In July 2021 Sweden's Iron Ore exports accounted up to SEK4.7B and imports accounted up to SEK710k, resulting in a positive trade balance of SEK4.7B. Between July 2020 and July 2021 the exports of Sweden's Iron Ore have increased by SEK2.21B (88.9%) from SEK2.49B to SEK4.7B, while imports decreased by SEK-27.5M (-97.5%) from SEK28.2M to SEK710k.
Destinations In July 2021, Iron Ore were exported mostly to Netherlands (SEK705M), Finland (SEK619M), United Kingdom (SEK534M), Germany (SEK477M), and Saudi Arabia (SEK383M), and were imported mostly from Poland (SEK709k) and Canada (SEK1k).
Growth In July 2021, the increase in Iron Ore's year-by-year exports was explained primarily by an increase in exports to Finland (SEK515M or 492%), Netherlands (SEK476M or 208%), and United Kingdom (SEK442M or 475%). In July 2021, the decrease in Iron Ore's year-by-year imports was explained primarily by a decrease in imports from Poland (SEK-292k or -29.2%).
EXPORT GROWTH (July 2020 - July 2021): SEK2.21B, (88.9%)
IMPORT GROWTH (June 2020 - July 2021): SEK-27.5M, (-97.5%)
MAIN DESTINATION (July 2021): Netherlands, SEK705M
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 (2019): $2.55B
IMPORTS (2019): $14.7M
NET TRADE (2019): $2.53B
In 2019, Sweden exported $2.55B in Iron Ore. The main destinations of Sweden exports on Iron Ore were Germany ($445M), Saudi Arabia ($302M), Finland ($227M), Netherlands ($226M), and United Kingdom ($212M).
In 2019, Sweden imported $14.7M in Iron Ore, mainly from Finland ($11.3M), Norway ($1.42M), Russia ($740k), Germany ($547k), and Switzerland ($505k).
IN 2019, Sweden HAD A POSITIVE NET TRADE IN Iron Ore WITH:
IN 2019, Sweden HAD A NEGATIVE NET TRADE IN Iron Ore WITH:
In 2019, Sweden's main exporting competitors in Iron Ore were:
In 2019, Sweden's main importing competitors in Iron Ore were:
In 1989, the tariffs for Iron Ore in the imports of Sweden were of 0% around the world.