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2023
Exports $158MWorld Rnk 23 / 108
Flag Rnk 191 / 1210
2023
Destination $1.22M Germany
2022 - 2023
FASTEST GROWING MARKET $1.22MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Precious Metal Ore-1.75Rnk 979 / 1025
2023
Imports $154MWorld Rnk 10 / 107
Flag Rnk 222 / 1213
2023
Origin $42.7M Australia
2022 - 2023
FASTEST GROWING ORIGIN $42.7MAustralia
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $158M in Precious Metal Ore, making it the 23rd largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 191st most exported product in Sweden. The main destination of Precious Metal Ore exports from Sweden are: Germany ($70.1M), China ($58.7M), United Kingdom ($28.5M), Finland ($720k), and United States ($3.49k).

The fastest growing export markets for Precious Metal Ore of Sweden between 2022 and 2023 were United Kingdom ($1.22M), Finland ($720k), and United States ($620).

Imports In 2023, Sweden imported $154M in Precious Metal Ore, becoming the 10th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 222nd most imported product in Sweden. Sweden imports Precious Metal Ore primarily from: Australia ($104M), Finland ($50.6M), Turkey ($47.3k), Netherlands ($13.7k), and United States ($9.43k).

The fastest growing import markets in Precious Metal Ore for Sweden between 2022 and 2023 were Australia ($42.7M), Finland ($2.98M), and Turkey ($10.4k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Precious Metal Ore exports accounted up to SEK63.6M and imports accounted up to SEK141M, resulting in a negative trade balance of SEK77.5M. Between October 2023 and October 2024 the exports of Sweden's   Precious Metal Ore have increased by SEK3.77M (6.3%) from SEK59.9M to SEK63.6M, while imports increased by SEK63.1M (81%) from SEK78M to SEK141M.

Destinations In October 2024, Precious Metal Ore were exported mostly to Germany (SEK63.6M), and were imported mostly from Finland (SEK111M) and Peru (SEK29.9M).

Growth In October 2024, the increase in Precious Metal Ore's year-by-year exports was explained primarily by an increase in exports to Germany (SEK5.04M or 9.33%) and United States (SEK23k or 460%). In October 2024, the increase in Precious Metal Ore's year-by-year imports was explained primarily by an increase in imports from United States (SEK94k or 9.4k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK3.77M(6.3%)
IMPORT GROWTH (October 2023 - October 2024)SEK63.1M(81%)
MAIN EXPORTER (October 2024)undefined82.3M
MAIN DESTINATION (October 2024)GermanySEK63.6M

This section shows Precious Metal 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 Precious Metal Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$158M
IMPORTS (2023)$154M
NET TRADE (2023)$3.71M

In 2023, Sweden exported $158M in Precious Metal Ore. The main destinations of Sweden exports on Precious Metal Ore were Germany ($70.1M), China ($58.7M), United Kingdom ($28.5M), Finland ($720k), and United States ($3.49k).

In 2023, Sweden imported $154M in Precious Metal Ore, mainly from Australia ($104M), Finland ($50.6M), Turkey ($47.3k), Netherlands ($13.7k), and United States ($9.43k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
United Kingdom$1.22M (4.46%)
Finland$720k (1%)
United States$620 (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Sweden WERE (2022 - 2023):
China-$44.9M (-43.3%)
Peru-$9.52M (-100%)
Germany-$5.3M (-7.03%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Precious Metal Ore were:
Mexico $1.89B
South Africa $1.7B
Russia $1.48B
In 2023, Sweden's main importing competitors in Precious Metal Ore were:
China $8.08B
Germany $2.77B
United Kingdom $848M

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.39M
TOP IMPORT POTENTIALTanzania+ $1.29M

Precious Metal Ore’s highest export potential is China. With an export gap of $3.39M.   Precious Metal Ore’s highest import potential is Tanzania with an import gap of $1.29M.

See methodology.

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