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2023
Exports $157MWorld Rnk 7 / 78
Flag Rnk 192 / 1210
2023
Destination $1.75M Germany
2022 - 2023
FASTEST GROWING MARKET $1.75MAustria
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars1.66Rnk 26 / 1025
2023
Imports $25.4MWorld Rnk 17 / 152
Flag Rnk 594 / 1213
2023
Origin $2.5M Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $2.5MNetherlands
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $157M in Hot-Rolled Stainless Steel Bars, making it the 7th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 192nd most exported product in Sweden. The main destination of Hot-Rolled Stainless Steel Bars exports from Sweden are: Germany ($66.1M), Czechia ($31.8M), United States ($20M), Italy ($8.18M), and China ($7.78M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Sweden between 2022 and 2023 were Austria ($1.75M), India ($439k), and Romania ($211k).

Imports In 2023, Sweden imported $25.4M in Hot-Rolled Stainless Steel Bars, becoming the 17th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 594th most imported product in Sweden. Sweden imports Hot-Rolled Stainless Steel Bars primarily from: Netherlands ($6.99M), Japan ($6.32M), Chinese Taipei ($4.67M), France ($3.58M), and Germany ($1.27M).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Sweden between 2022 and 2023 were Netherlands ($2.5M), Japan ($1.52M), and Germany ($918k).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Hot-Rolled Stainless Steel Bars exports accounted up to SEK116M and imports accounted up to SEK11.2M, resulting in a positive trade balance of SEK105M. Between October 2023 and October 2024 the exports of Sweden's   Hot-Rolled Stainless Steel Bars have decreased by SEK-20.9M (-15.2%) from SEK137M to SEK116M, while imports decreased by SEK-8.82M (-44%) from SEK20M to SEK11.2M.

Destinations In October 2024, Hot-Rolled Stainless Steel Bars were exported mostly to Germany (SEK45.8M), United States (SEK23.6M), Czechia (SEK18.5M), Switzerland (SEK9.13M), and Italy (SEK7.56M), and were imported mostly from Netherlands (SEK9.58M), Italy (SEK1M), Germany (SEK356k), United Kingdom (SEK276k), and Poland (SEK3k).

Growth In October 2024, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-20.9M(-15.2%)
IMPORT GROWTH (October 2023 - October 2024)SEK-8.82M(-44%)
MAIN EXPORTER (October 2024)undefined127M
MAIN DESTINATION (October 2024)GermanySEK45.8M

This section shows Hot-Rolled Stainless Steel Bars'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 Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$157M
IMPORTS (2023)$25.4M
NET TRADE (2023)$131M

In 2023, Sweden exported $157M in Hot-Rolled Stainless Steel Bars. The main destinations of Sweden exports on Hot-Rolled Stainless Steel Bars were Germany ($66.1M), Czechia ($31.8M), United States ($20M), Italy ($8.18M), and China ($7.78M).

In 2023, Sweden imported $25.4M in Hot-Rolled Stainless Steel Bars, mainly from Netherlands ($6.99M), Japan ($6.32M), Chinese Taipei ($4.67M), France ($3.58M), and Germany ($1.27M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Austria$1.75M (271%)
India$439k (160%)
Romania$211k (47.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Sweden WERE (2022 - 2023):
United States-$33.7M (-62.8%)
Germany-$31.4M (-32.2%)
Italy-$9.12M (-52.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
Chinese Taipei $356M
Italy $248M
Japan $229M
In 2023, Sweden's main importing competitors in Hot-Rolled Stainless Steel Bars were:
Italy $275M
Germany $250M
China $178M

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.74M
TOP IMPORT POTENTIALItaly+ $430k

Hot-Rolled Stainless Steel Bars’s highest export potential is China. With an export gap of $3.74M.   Hot-Rolled Stainless Steel Bars’s highest import potential is Italy with an import gap of $430k.

See methodology.

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