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2022
Exports $492MWorld Rnk 1 / 105
Flag Rnk 80 / 1212
2022
Destination $2.62M China
2021 - 2022
FASTEST GROWING MARKET $2.62MIndia
2022
PRODUCT COMPLEXITY IN Iron Powder0.78Rnk 252 / 1025
2022
Imports $19.4MWorld Rnk 30 / 176
Flag Rnk 669 / 1213
2022
Origin $764kN/A
2021 - 2022
FASTEST GROWING ORIGIN $764kSlovakia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $492M in Iron Powder, making it the 1st largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 80th most exported product in Sweden. The main destination of Iron Powder exports from Sweden are: China ($74.5M), Japan ($74.3M), Germany ($65.2M), South Korea ($59.5M), and United States ($38.6M).

The fastest growing export markets for Iron Powder of Sweden between 2021 and 2022 were India ($2.62M), Austria ($1.91M), and Malaysia ($975k).

Imports In 2022, Sweden imported $19.4M in Iron Powder, becoming the 30th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 669th most imported product in Sweden. Sweden imports Iron Powder primarily from: N/A.

The fastest growing import markets in Iron Powder for Sweden between 2021 and 2022 were Slovakia ($764k), United Kingdom ($763k), and Switzerland ($668k).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Iron Powder exports accounted up to SEK343M and imports accounted up to SEK12.3M, resulting in a positive trade balance of SEK331M. Between August 2023 and August 2024 the exports of Sweden's   Iron Powder have decreased by SEK-50.5M (-12.8%) from SEK394M to SEK343M, while imports decreased by SEK-2.97M (-19.5%) from SEK15.2M to SEK12.3M.

Destinations In August 2024, Iron Powder were exported mostly to South Korea (SEK50.9M), Germany (SEK45.7M), China (SEK40.6M), Japan (SEK37.3M), and United States (SEK23.7M), and were imported mostly from United Kingdom (SEK3.56M), Germany (SEK3.51M), Belgium (SEK2.72M), Italy (SEK868k), and Austria (SEK547k).

Growth In August 2024, the decrease in Iron Powder's year-by-year exports was explained primarily by a decrease in exports to China (SEK-36.6M or -42.8%), Japan (SEK-12.9M or -23.6%), and South Korea (SEK-8.69M or -15.5%). In August 2024, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from United States (SEK-3.48M or -92%), United Kingdom (SEK-67k or -4.92%), and Belgium (SEK-9k or -0.68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-50.5M(-12.8%)
IMPORT GROWTH (August 2023 - August 2024)SEK-2.97M(-19.5%)
MAIN EXPORTER (August 2024)undefined445M
MAIN DESTINATION (August 2024)South KoreaSEK50.9M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$492M
IMPORTS (2022)$19.4M
NET TRADE (2022)$473M

In 2022, Sweden exported $492M in Iron Powder. The main destinations of Sweden exports on Iron Powder were China ($74.5M), Japan ($74.3M), Germany ($65.2M), South Korea ($59.5M), and United States ($38.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
India$2.62M (29.2%)
Austria$1.91M (14.3%)
Malaysia$975k (70.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Sweden WERE (2021 - 2022):
China-$27.8M (-27.2%)
United States-$23.4M (-37.7%)
Japan-$11.6M (-13.5%)
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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 Powder were:
Germany $267M
Japan $257M
In 2022, Sweden's main importing competitors in Iron Powder were:
United States $313M
Germany $312M
China $296M

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.48M
TOP IMPORT POTENTIALFrance+ $367k

Iron Powder’s highest export potential is India. With an export gap of $2.48M.   Iron Powder’s highest import potential is France with an import gap of $367k.

See methodology.

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