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2022
Exports $52.2MWorld Rnk 20 / 188
Flag Rnk 356 / 1212
2022
Destination $3.39M Norway
2021 - 2022
FASTEST GROWING MARKET $3.39MUnited States
2022
PRODUCT COMPLEXITY IN Iron Chains1.44Rnk 65 / 1025
2022
Imports $75.5MWorld Rnk 25 / 222
Flag Rnk 390 / 1213
2022
Origin $3.21M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.21MChina
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $52.2M in Iron Chains, making it the 20th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 356th most exported product in Sweden. The main destination of Iron Chains exports from Sweden are: Norway ($7.39M), Lithuania ($6.41M), United States ($5.93M), Denmark ($2.82M), and Belgium ($2.81M).

The fastest growing export markets for Iron Chains of Sweden between 2021 and 2022 were United States ($3.39M), Lithuania ($3.31M), and Poland ($596k).

Imports In 2022, Sweden imported $75.5M in Iron Chains, becoming the 25th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 390th most imported product in Sweden. Sweden imports Iron Chains primarily from: Germany ($18.9M), China ($17.1M), Finland ($9.5M), Netherlands ($5.23M), and Italy ($4.18M).

The fastest growing import markets in Iron Chains for Sweden between 2021 and 2022 were China ($3.21M), Germany ($969k), and Finland ($641k).

COMPANIES In 2023, leading companies such as Volvo (213) and John Deere (2) were at the forefront of shipping Iron Chains from Sweden to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Sweden's Iron Chains exports accounted up to SEK35.7M and imports accounted up to SEK51.8M, resulting in a negative trade balance of SEK16.1M. Between September 2023 and September 2024 the exports of Sweden's   Iron Chains have decreased by SEK-5.12M (-12.5%) from SEK40.8M to SEK35.7M, while imports decreased by SEK-9.96M (-16.1%) from SEK61.8M to SEK51.8M.

Destinations In September 2024, Iron Chains were exported mostly to Norway (SEK5.58M), Finland (SEK4.33M), Lithuania (SEK4.23M), United States (SEK3.59M), and Belgium (SEK2.71M), and were imported mostly from Germany (SEK12.6M), China (SEK8.31M), Finland (SEK5.87M), Norway (SEK5.3M), and Italy (SEK4.67M).

Growth In September 2024, the decrease in Iron Chains's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-1.97M or -99.7%), Netherlands (SEK-904k or -57.8%), and France (SEK-841k or -30.6%). In September 2024, the decrease in Iron Chains's year-by-year imports was explained primarily by a decrease in imports from Netherlands (SEK-874k or -22.3%), France (SEK-182k or -46.2%), and South Korea (SEK-44k or -74.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)SEK-5.12M(-12.5%)
IMPORT GROWTH (September 2023 - September 2024)SEK-9.96M(-16.1%)
MAIN EXPORTER (September 2024)undefined48.1M
MAIN DESTINATION (September 2024)NorwaySEK5.58M

This section shows Iron Chains'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 Iron Chains over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.2M
IMPORTS (2022)$75.5M
NET TRADE (2022)-$23.3M

In 2022, Sweden exported $52.2M in Iron Chains. The main destinations of Sweden exports on Iron Chains were Norway ($7.39M), Lithuania ($6.41M), United States ($5.93M), Denmark ($2.82M), and Belgium ($2.81M).

In 2022, Sweden imported $75.5M in Iron Chains, mainly from Germany ($18.9M), China ($17.1M), Finland ($9.5M), Netherlands ($5.23M), and Italy ($4.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$3.39M (133%)
Lithuania$3.31M (107%)
Poland$596k (27.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Sweden WERE (2021 - 2022):
Russia-$1.49M (-77.1%)
Norway-$1.36M (-15.6%)
Spain-$1.21M (-63.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Iron Chains were:
China $2.52B
Germany $905M
Japan $503M
In 2022, Sweden's main importing competitors in Iron Chains were:
United States $827M
Germany $495M
Canada $260M

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.02M
TOP IMPORT POTENTIALChina+ $4.54M

Iron Chains’s highest export potential is United States. With an export gap of $3.02M.   Iron Chains’s highest import potential is China with an import gap of $4.54M.

See methodology.

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