Iron Powder in Sweden 2020 Exports | Imports : $412M | $17M, World Rnk 1 / 101 Rnk 79 / 1211 | World Rnk 25 / 170 Rnk 666 / 1209
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14.2M | $3.1M, China | Belgium
2020 ECONOMIC COMPLEXITY of Sweden: 1.59, Rnk 7 / 127
2020 PRODUCT COMPLEXITY IN Iron Powder: 0.67, Rnk 294 / 1029
Exports In 2020, Sweden exported $412M in Iron Powder, making it the 1st largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 79th most exported product in Sweden. The main destination of Iron Powder exports from Sweden are: China ($74.4M), Japan ($54.3M), Germany ($48.9M), South Korea ($45.2M), and United States ($36.9M).
The fastest growing export markets for Iron Powder of Sweden between 2019 and 2020 were China ($14.2M), Belgium ($3.6M), and Canada ($1.46M).
Imports In 2020, Sweden imported $17M in Iron Powder, becoming the 25th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 666th most imported product in Sweden. Sweden imports Iron Powder primarily from: Belgium ($4.85M), United States ($3.44M), Germany ($2.85M), Spain ($1.47M), and United Kingdom ($1.13M).
The fastest growing import markets in Iron Powder for Sweden between 2019 and 2020 were Belgium ($3.1M), Hungary ($255k), and United States ($231k).
Tariffs In 1989, the average tariff for Sweden in Iron Powder was 0.63%. The countries with the highest import tariffs for Iron Powder were Angola (Most Favoured Nation duty rate treatement, 0.63%), Burundi (Most Favoured Nation duty rate treatement, 0.63%), Benin (Most Favoured Nation duty rate treatement, 0.63%), Burkina Faso (Most Favoured Nation duty rate treatement, 0.63%), and Botswana (Most Favoured Nation duty rate treatement, 0.63%).
November 2022
Overview In November 2022 Sweden's Iron Powder exports accounted up to SEK333M and imports accounted up to SEK18.8M, resulting in a positive trade balance of SEK314M. Between November 2021 and November 2022 the exports of Sweden's Iron Powder have increased by SEK7.09M (2.18%) from SEK326M to SEK333M, while imports decreased by SEK-10.8M (-36.4%) from SEK29.6M to SEK18.8M.
Destinations In November 2022, Iron Powder were exported mostly to Germany (SEK62M), China (SEK40.9M), South Korea (SEK37.7M), Japan (SEK35.8M), and Italy (SEK30M), and were imported mostly from Germany (SEK5.18M), United Kingdom (SEK3M), United States (SEK2.66M), Spain (SEK2.43M), and Belgium (SEK1.78M).
Growth In November 2022, the increase in Iron Powder's year-by-year exports was explained primarily by an increase in exports to China (SEK10.6M or 15.1%), Taiwan (SEK7.77M or 75.1%), and United States (SEK6.05M or 35%). In November 2022, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from Spain (SEK-881k or -91.5%), France (SEK-400k or -31.4%), and Japan (SEK-373k or -90.1%).
EXPORT GROWTH (November 2021 - November 2022): SEK7.09M, (2.18%)
IMPORT GROWTH (November 2021 - November 2022): SEK-10.8M, (-36.4%)
MAIN DESTINATION (November 2022): Germany, SEK62M
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.
For full datasets download visit Bulk Download page.
EXPORTS (2020): $412M
IMPORTS (2020): $17M
NET TRADE (2020): $395M
In 2020, Sweden exported $412M in Iron Powder. The main destinations of Sweden exports on Iron Powder were China ($74.4M), Japan ($54.3M), Germany ($48.9M), South Korea ($45.2M), and United States ($36.9M).
In 2020, Sweden imported $17M in Iron Powder, mainly from Belgium ($4.85M), United States ($3.44M), Germany ($2.85M), Spain ($1.47M), and United Kingdom ($1.13M).
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Sweden WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Sweden WERE (2019 - 2020):
In 2020, Sweden's main exporting competitors in Iron Powder were:
In 2020, Sweden's main importing competitors in Iron Powder were:
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