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2023
Exports $18World Rnk 59 / 66
Flag Rnk 1210 / 1210
2023
Destination $5 Netherlands
2022 - 2023
FASTEST GROWING MARKET $5Netherlands
2023
Imports $4.25kWorld Rnk 36 / 62
Flag Rnk 1204 / 1213
2023
Origin $776 Norway
2022 - 2023
FASTEST GROWING ORIGIN $776Norway
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $18 in Tungsten Ore, making it the 59th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1210th most exported product in Sweden. The main destination of Tungsten Ore exports from Sweden are: Netherlands ($18).

The fastest growing export markets for Tungsten Ore of Sweden between 2022 and 2023 were Netherlands ($5).

Imports In 2023, Sweden imported $4.25k in Tungsten Ore, becoming the 36th largest importer of Tungsten Ore in the world. At the same year, Tungsten Ore was the 1204th most imported product in Sweden. Sweden imports Tungsten Ore primarily from: Norway ($3.71k), United States ($283), and Netherlands ($261).

The fastest growing import markets in Tungsten Ore for Sweden between 2022 and 2023 were Norway ($776), Netherlands ($238), and United States ($85).

Latest Trends

June 2022

About

Overview In June 2022 Sweden's Tungsten Ore exports accounted up to SEK10k and imports accounted up to SEK3k, resulting in a positive trade balance of SEK7k. Between October 2007 and June 2022 the exports of Sweden's   Tungsten Ore have decreased by SEK-24k (-70.6%) from SEK34k to SEK10k, while imports decreased by SEK-2k (-40%) from SEK5k to SEK3k.

Destinations In June 2022, Tungsten Ore were exported mostly to , and were imported mostly from .

Growth In June 2022, the decrease in Tungsten Ore's year-by-year exports was explained primarily by a decrease in exports to . In April 2023, the decrease in Tungsten Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2007 - June 2022)SEK-24k(-70.6%)
IMPORT GROWTH (October 2019 - April 2023)SEK-2k(-40%)
MAIN EXPORTER (June 2022)
MAIN DESTINATION (June 2022)

This section shows Tungsten 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 Tungsten Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18
IMPORTS (2023)$4.25k
NET TRADE (2023)-$4.24k

In 2023, Sweden exported $18 in Tungsten Ore. The main destinations of Sweden exports on Tungsten Ore were Netherlands ($18).

In 2023, Sweden imported $4.25k in Tungsten Ore, mainly from Norway ($3.71k), United States ($283), and Netherlands ($261).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Sweden WERE (2022 - 2023):Netherlands$5 (38.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Sweden WERE (2022 - 2023):United States-$989 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Tungsten Ore were:
Spain $42.1M
Bolivia $34.9M
North Korea $25.9M
In 2023, Sweden's main importing competitors in Tungsten Ore were:
China $55.2M
United States $45.2M
Austria $35.8M

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.31k
TOP IMPORT POTENTIALAustralia+ $1.09k

Tungsten Ore’s highest export potential is United States. With an export gap of $1.31k.   Tungsten Ore’s highest import potential is Australia with an import gap of $1.09k.

See methodology.

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