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2022
Exports $44.6MWorld Rnk 33 / 156
Flag Rnk 388 / 1212
2022
Destination $770k Norway
2021 - 2022
FASTEST GROWING MARKET $770kNorway
2022
PRODUCT COMPLEXITY IN Iron Wire-0.35Rnk 661 / 1025
2022
Imports $89.7MWorld Rnk 35 / 216
Flag Rnk 353 / 1213
2022
Origin $9.86M Slovakia
2021 - 2022
FASTEST GROWING ORIGIN $9.86MSlovakia
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $44.6M in Iron Wire, making it the 33rd largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 388th most exported product in Sweden. The main destination of Iron Wire exports from Sweden are: Norway ($11.2M), Finland ($5.84M), United States ($5.26M), Denmark ($4.08M), and Germany ($3.95M).

The fastest growing export markets for Iron Wire of Sweden between 2021 and 2022 were Norway ($770k), Finland ($678k), and United States ($567k).

Imports In 2022, Sweden imported $89.7M in Iron Wire, becoming the 35th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 353rd most imported product in Sweden. Sweden imports Iron Wire primarily from: Slovakia ($28.9M), Germany ($15.5M), Czechia ($8.63M), Italy ($7.76M), and Poland ($6.32M).

The fastest growing import markets in Iron Wire for Sweden between 2021 and 2022 were Slovakia ($9.86M), Czechia ($2.35M), and Spain ($1.87M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Iron Wire exports accounted up to SEK23.9M and imports accounted up to SEK61.3M, resulting in a negative trade balance of SEK37.4M. Between August 2023 and August 2024 the exports of Sweden's   Iron Wire have decreased by SEK-1.4M (-5.54%) from SEK25.3M to SEK23.9M, while imports increased by SEK7.67M (14.3%) from SEK53.7M to SEK61.3M.

Destinations In August 2024, Iron Wire were exported mostly to Norway (SEK8.91M), United States (SEK3.15M), Denmark (SEK2.14M), Finland (SEK1.63M), and Switzerland (SEK1.3M), and were imported mostly from Slovakia (SEK19.1M), Czechia (SEK16M), Germany (SEK6.37M), Netherlands (SEK4.21M), and Spain (SEK3.36M).

Growth In August 2024, the decrease in Iron Wire's year-by-year exports was explained primarily by a decrease in exports to Estonia (SEK-849k or -54.7%), Denmark (SEK-537k or -12.4%), and Netherlands (SEK-192k or -67.4%). In August 2024, the increase in Iron Wire's year-by-year imports was explained primarily by an increase in imports from Belgium (SEK1.51M or 216%), Turkey (SEK1.21M or 980%), and Germany (SEK882k or 10.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-1.4M(-5.54%)
IMPORT GROWTH (August 2023 - August 2024)SEK7.67M(14.3%)
MAIN EXPORTER (August 2024)undefined26.9M
MAIN DESTINATION (August 2024)NorwaySEK8.91M

This section shows Iron Wire'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 Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.6M
IMPORTS (2022)$89.7M
NET TRADE (2022)-$45.1M

In 2022, Sweden exported $44.6M in Iron Wire. The main destinations of Sweden exports on Iron Wire were Norway ($11.2M), Finland ($5.84M), United States ($5.26M), Denmark ($4.08M), and Germany ($3.95M).

In 2022, Sweden imported $89.7M in Iron Wire, mainly from Slovakia ($28.9M), Germany ($15.5M), Czechia ($8.63M), Italy ($7.76M), and Poland ($6.32M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$770k (7.39%)
Finland$678k (13.1%)
United States$567k (12.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Sweden WERE (2021 - 2022):
Canada-$1.61M (-55.3%)
Lithuania-$499k (-31.2%)
Russia-$414k (-86.4%)
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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 Wire were:
China $3.4B
Italy $994M
Germany $566M
In 2022, Sweden's main importing competitors in Iron Wire were:
United States $903M
Germany $877M
Saudi Arabia $540M

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.48M
TOP IMPORT POTENTIALChina+ $3.08M

Iron Wire’s highest export potential is United States. With an export gap of $2.48M.   Iron Wire’s highest import potential is China with an import gap of $3.08M.

See methodology.

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