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2022
Exports $630MWorld Rnk 29 / 151
Flag Rnk 55 / 1212
2022
Destination $15.7M Germany
2021 - 2022
FASTEST GROWING MARKET $15.7MGermany
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron0.41Rnk 402 / 1025
2022
Imports $368MWorld Rnk 45 / 214
Flag Rnk 119 / 1213
2022
Origin $18.4M Finland
2021 - 2022
FASTEST GROWING ORIGIN $18.4MFinland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $630M in Hot-Rolled Iron, making it the 29th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 55th most exported product in Sweden. The main destination of Hot-Rolled Iron exports from Sweden are: Germany ($88.8M), Denmark ($88.2M), Italy ($83.6M), United Kingdom ($64.5M), and Netherlands ($48.9M).

The fastest growing export markets for Hot-Rolled Iron of Sweden between 2021 and 2022 were Germany ($15.7M), Poland ($8.54M), and Estonia ($3.95M).

Imports In 2022, Sweden imported $368M in Hot-Rolled Iron, becoming the 45th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 119th most imported product in Sweden. Sweden imports Hot-Rolled Iron primarily from: Finland ($97M), Denmark ($75.9M), Netherlands ($54M), Germany ($49.6M), and Austria ($27.4M).

The fastest growing import markets in Hot-Rolled Iron for Sweden between 2021 and 2022 were Finland ($18.4M), Netherlands ($11.4M), and Germany ($10.5M).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Hot-Rolled Iron exports accounted up to SEK361M and imports accounted up to SEK232M, resulting in a positive trade balance of SEK130M. Between June 2023 and June 2024 the exports of Sweden's   Hot-Rolled Iron have decreased by SEK-151M (-29.4%) from SEK512M to SEK361M, while imports decreased by SEK-68.6M (-22.8%) from SEK301M to SEK232M.

Destinations In June 2024, Hot-Rolled Iron were exported mostly to Denmark (SEK68.7M), Germany (SEK52.1M), United Kingdom (SEK51.1M), Italy (SEK28.4M), and Spain (SEK26.8M), and were imported mostly from Finland (SEK64.5M), Germany (SEK38.8M), Austria (SEK30.8M), Netherlands (SEK22.2M), and Luxembourg (SEK16.1M).

Growth In June 2024, the decrease in Hot-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Italy (SEK-51.7M or -45.3%), Norway (SEK-30M or -58%), and Denmark (SEK-10.5M or -13.7%). In June 2024, the decrease in Hot-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-22.2M or -33.3%), Belgium (SEK-21.6M or -73.5%), and Austria (SEK-18.3M or -48.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-151M(-29.4%)
IMPORT GROWTH (June 2023 - June 2024)SEK-68.6M(-22.8%)
MAIN EXPORTER (June 2024)undefined459M
MAIN DESTINATION (June 2024)DenmarkSEK68.7M

This section shows Hot-Rolled 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 Hot-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$630M
IMPORTS (2022)$368M
NET TRADE (2022)$263M

In 2022, Sweden exported $630M in Hot-Rolled Iron. The main destinations of Sweden exports on Hot-Rolled Iron were Germany ($88.8M), Denmark ($88.2M), Italy ($83.6M), United Kingdom ($64.5M), and Netherlands ($48.9M).

In 2022, Sweden imported $368M in Hot-Rolled Iron, mainly from Finland ($97M), Denmark ($75.9M), Netherlands ($54M), Germany ($49.6M), and Austria ($27.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$15.7M (21.6%)
Poland$8.54M (27.8%)
Estonia$3.95M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Sweden WERE (2021 - 2022):
Spain-$12.2M (-22.3%)
Denmark-$5.22M (-5.58%)
United Kingdom-$3.83M (-5.61%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
South Korea $6.81B
In 2022, Sweden's main importing competitors in Hot-Rolled Iron were:
Italy $5.5B
Vietnam $5.46B
Germany $4B

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $20.6M
TOP IMPORT POTENTIALGermany+ $8.99M

Hot-Rolled Iron’s highest export potential is Germany. With an export gap of $20.6M.   Hot-Rolled Iron’s highest import potential is Germany with an import gap of $8.99M.

See methodology.

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