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2023
Exports $188MWorld Rnk 31 / 126
Flag Rnk 174 / 1210
2023
Destination $16.4M Germany
2022 - 2023
FASTEST GROWING MARKET $16.4MGermany
2023
PRODUCT COMPLEXITY IN Ferroalloys-1.33Rnk 905 / 1025
2023
Imports $559MWorld Rnk 16 / 171
Flag Rnk 63 / 1213
2023
Origin $28.2M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $28.2MBrazil
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $188M in Ferroalloys, making it the 31st largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 174th most exported product in Sweden. The main destination of Ferroalloys exports from Sweden are: Germany ($32.3M), United States ($21.4M), Japan ($20.1M), Austria ($17.2M), and Spain ($13.9M).

The fastest growing export markets for Ferroalloys of Sweden between 2022 and 2023 were Germany ($16.4M), Spain ($9.39M), and Austria ($6.01M).

Imports In 2023, Sweden imported $559M in Ferroalloys, becoming the 16th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 63rd most imported product in Sweden. Sweden imports Ferroalloys primarily from: Netherlands ($116M), Norway ($101M), Finland ($75.2M), Brazil ($69.9M), and United Kingdom ($41.6M).

The fastest growing import markets in Ferroalloys for Sweden between 2022 and 2023 were Brazil ($28.2M), United Kingdom ($7.55M), and Ireland ($2.41M).

COMPANIES In 2023, leading companies such as Volvo (1) were at the forefront of shipping Ferroalloys from Sweden to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Ferroalloys exports accounted up to SEK206M and imports accounted up to SEK356M, resulting in a negative trade balance of SEK149M. Between November 2023 and November 2024 the exports of Sweden's   Ferroalloys have increased by SEK115M (126%) from SEK91.2M to SEK206M, while imports decreased by SEK-62.8M (-15%) from SEK418M to SEK356M.

Destinations In November 2024, Ferroalloys were exported mostly to Japan (SEK99M), Finland (SEK26.3M), Slovenia (SEK19.4M), United Kingdom (SEK11.7M), and Brazil (SEK8.42M), and were imported mostly from Netherlands (SEK141M), Norway (SEK68.9M), United Kingdom (SEK36.5M), France (SEK24.4M), and Germany (SEK18M).

Growth In November 2024, the increase in Ferroalloys's year-by-year exports was explained primarily by an increase in exports to Belgium (SEK40.2M or 81.8%), Brazil (SEK12.2M or 776%), and Spain (SEK8.38M or 6.03k%). In November 2024, the decrease in Ferroalloys's year-by-year imports was explained primarily by a decrease in imports from Finland (SEK-83M or -72.1%), Netherlands (SEK-57.2M or -43.6%), and United Kingdom (SEK-28.4M or -41%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK115M(126%)
IMPORT GROWTH (November 2023 - November 2024)SEK-62.8M(-15%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)JapanSEK99M

This section shows Ferroalloys'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 Ferroalloys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$188M
IMPORTS (2023)$559M
NET TRADE (2023)-$371M

In 2023, Sweden exported $188M in Ferroalloys. The main destinations of Sweden exports on Ferroalloys were Germany ($32.3M), United States ($21.4M), Japan ($20.1M), Austria ($17.2M), and Spain ($13.9M).

In 2023, Sweden imported $559M in Ferroalloys, mainly from Netherlands ($116M), Norway ($101M), Finland ($75.2M), Brazil ($69.9M), and United Kingdom ($41.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$16.4M (103%)
Spain$9.39M (207%)
Austria$6.01M (53.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Sweden WERE (2022 - 2023):
Slovenia-$12.5M (-97.5%)
United Kingdom-$11.6M (-61.1%)
Italy-$7.16M (-84.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Ferroalloys were:
Indonesia $14.8B
South Africa $5.33B
Brazil $4.25B
In 2023, Sweden's main importing competitors in Ferroalloys were:
China $21.1B
United States $2.99B
Netherlands $2.49B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.8M
TOP IMPORT POTENTIALBrazil+ $17.1M

Ferroalloys’s highest export potential is United States. With an export gap of $13.8M.   Ferroalloys’s highest import potential is Brazil with an import gap of $17.1M.

See methodology.

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