Semi-Finished Iron in Sweden 2021 Exports | Imports : $30M | $76M, World Rnk 52 / 116 Rnk 462 / 1209 | World Rnk 50 / 174 Rnk 366 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $4.64M | $42.7M, Germany | Russia
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Semi-Finished Iron: -0.73, Rnk 756 / 1029
Exports In 2021, Sweden exported $30M in Semi-Finished Iron, making it the 52nd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 462nd most exported product in Sweden. The main destination of Semi-Finished Iron exports from Sweden are: Germany ($17M), Finland ($3.68M), Austria ($3.37M), Norway ($1.09M), and Netherlands ($893k).
The fastest growing export markets for Semi-Finished Iron of Sweden between 2020 and 2021 were Germany ($4.64M), Austria ($1.02M), and France ($518k).
Imports In 2021, Sweden imported $76M in Semi-Finished Iron, becoming the 50th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 366th most imported product in Sweden. Sweden imports Semi-Finished Iron primarily from: Russia ($42.7M), Netherlands ($11.3M), Finland ($5.11M), Denmark ($3.36M), and Latvia ($3.06M).
The fastest growing import markets in Semi-Finished Iron for Sweden between 2020 and 2021 were Russia ($42.7M), Netherlands ($10.9M), and Denmark ($1.29M).
Tariffs In 1989, the average tariff for Sweden in Semi-Finished Iron was 3.2%. The countries with the highest import tariffs for Semi-Finished Iron were Angola (Most Favoured Nation duty rate treatment, 3.2%), Burundi (Most Favoured Nation duty rate treatment, 3.2%), Benin (Most Favoured Nation duty rate treatment, 3.2%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.2%), and Botswana (Most Favoured Nation duty rate treatment, 3.2%).
January 2023
Overview In January 2023 Sweden's Semi-Finished Iron exports accounted up to SEK121M and imports accounted up to SEK7.13M, resulting in a positive trade balance of SEK114M. Between January 2022 and January 2023 the exports of Sweden's Semi-Finished Iron have increased by SEK96.5M (390%) from SEK24.8M to SEK121M, while imports decreased by SEK-994k (-12.2%) from SEK8.12M to SEK7.13M.
Destinations In January 2023, Semi-Finished Iron were exported mostly to Finland (SEK72.3M), Germany (SEK34.4M), Austria (SEK5.49M), Denmark (SEK4.27M), and Norway (SEK3.14M), and were imported mostly from United Kingdom (SEK2.91M), Denmark (SEK1.54M), Spain (SEK1.04M), Germany (SEK1.01M), and Netherlands (SEK394k).
Growth In January 2023, the increase in Semi-Finished Iron's year-by-year exports was explained primarily by an increase in exports to Germany (SEK8.74M or 94.2%), Finland (SEK1.37M or 68.3k%), and France (SEK325k or 485%). In January 2023, the decrease in Semi-Finished Iron's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-1.95M or -49.4%) and Latvia (SEK-731k or -53.1%).
EXPORT GROWTH (January 2022 - January 2023): SEK96.5M, (390%)
IMPORT GROWTH (January 2022 - January 2023): SEK-994k, (-12.2%)
MAIN DESTINATION (January 2023): Finland, SEK72.3M
This section shows Semi-Finished Iron'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 Semi-Finished Iron over time.
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EXPORTS (2021): $30M
IMPORTS (2021): $76M
NET TRADE (2021): -$46M
In 2021, Sweden exported $30M in Semi-Finished Iron. The main destinations of Sweden exports on Semi-Finished Iron were Germany ($17M), Finland ($3.68M), Austria ($3.37M), Norway ($1.09M), and Netherlands ($893k).
In 2021, Sweden imported $76M in Semi-Finished Iron, mainly from Russia ($42.7M), Netherlands ($11.3M), Finland ($5.11M), Denmark ($3.36M), and Latvia ($3.06M).
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Semi-Finished Iron were:
In 2021, Sweden's main importing competitors in Semi-Finished Iron were:
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