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2022
Exports $214MWorld Rnk 22 / 215
Flag Rnk 161 / 1212
2022
Destination $3.58M Norway
2021 - 2022
FASTEST GROWING MARKET $3.58MUnited States
2022
PRODUCT COMPLEXITY IN Iron Pipe Fittings1.14Rnk 121 / 1025
2022
Imports $261MWorld Rnk 31 / 224
Flag Rnk 147 / 1213
2022
Origin $5.16M Germany
2021 - 2022
FASTEST GROWING ORIGIN $5.16MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $214M in Iron Pipe Fittings, making it the 22nd largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 161st most exported product in Sweden. The main destination of Iron Pipe Fittings exports from Sweden are: Norway ($33.7M), Denmark ($25.5M), Finland ($18.3M), United States ($17.9M), and Germany ($11.9M).

The fastest growing export markets for Iron Pipe Fittings of Sweden between 2021 and 2022 were United States ($3.58M), Finland ($2.47M), and Netherlands ($1.53M).

Imports In 2022, Sweden imported $261M in Iron Pipe Fittings, becoming the 31st largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 147th most imported product in Sweden. Sweden imports Iron Pipe Fittings primarily from: Germany ($50.8M), Italy ($34.4M), Denmark ($23.4M), Poland ($20.6M), and China ($18.4M).

The fastest growing import markets in Iron Pipe Fittings for Sweden between 2021 and 2022 were Germany ($5.16M), Belgium ($4.08M), and China ($3.28M).

COMPANIES In 2023, leading companies such as Mahle Behr (31) were at the forefront of shipping Iron Pipe Fittings from Sweden to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Iron Pipe Fittings exports accounted up to SEK177M and imports accounted up to SEK186M, resulting in a negative trade balance of SEK8.79M. Between June 2023 and June 2024 the exports of Sweden's   Iron Pipe Fittings have decreased by SEK-23.1M (-11.5%) from SEK200M to SEK177M, while imports decreased by SEK-95.3M (-33.9%) from SEK281M to SEK186M.

Destinations In June 2024, Iron Pipe Fittings were exported mostly to Norway (SEK49.3M), Denmark (SEK15.3M), United Kingdom (SEK13M), Czechia (SEK11.3M), and Finland (SEK10.7M), and were imported mostly from Germany (SEK29.4M), Italy (SEK21.7M), Denmark (SEK15.1M), Austria (SEK15.1M), and Poland (SEK13.7M).

Growth In June 2024, the decrease in Iron Pipe Fittings's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-2.33M or -98.6%), India (SEK-2.12M or -70.8%), and Philippines (SEK-2.1M or -94.5%). In June 2024, the decrease in Iron Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from China (SEK-4.05M or -25.9%), Israel (SEK-2.6M or -84.3%), and South Korea (SEK-1.16M or -70.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-23.1M(-11.5%)
IMPORT GROWTH (June 2023 - June 2024)SEK-95.3M(-33.9%)
MAIN EXPORTER (June 2024)undefined218M
MAIN DESTINATION (June 2024)NorwaySEK49.3M

This section shows Iron Pipe Fittings'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 Pipe Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$214M
IMPORTS (2022)$261M
NET TRADE (2022)-$46.9M

In 2022, Sweden exported $214M in Iron Pipe Fittings. The main destinations of Sweden exports on Iron Pipe Fittings were Norway ($33.7M), Denmark ($25.5M), Finland ($18.3M), United States ($17.9M), and Germany ($11.9M).

In 2022, Sweden imported $261M in Iron Pipe Fittings, mainly from Germany ($50.8M), Italy ($34.4M), Denmark ($23.4M), Poland ($20.6M), and China ($18.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$3.58M (24.9%)
Finland$2.47M (15.6%)
Netherlands$1.53M (32.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Sweden WERE (2021 - 2022):
Denmark-$3.62M (-12.5%)
Russia-$2.01M (-71%)
Norway-$1.8M (-5.07%)
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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 Pipe Fittings were:
China $6.05B
Italy $1.98B
United States $1.97B
In 2022, Sweden's main importing competitors in Iron Pipe Fittings were:
United States $3.42B
Germany $1.76B
Canada $1.07B

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5M
TOP IMPORT POTENTIALChina+ $15M

Iron Pipe Fittings’s highest export potential is United States. With an export gap of $11.5M.   Iron Pipe Fittings’s highest import potential is China with an import gap of $15M.

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