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2023
Exports $62.5MWorld Rnk 16 / 189
Flag Rnk 317 / 1210
2023
Destination $4.87M United States
2022 - 2023
FASTEST GROWING MARKET $4.87MCanada
2023
PRODUCT COMPLEXITY IN Iron Chains1.48Rnk 48 / 1025
2023
Imports $72.7MWorld Rnk 23 / 221
Flag Rnk 373 / 1213
2023
Origin $1.37M Germany
2022 - 2023
FASTEST GROWING ORIGIN $1.37MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $62.5M in Iron Chains, making it the 16th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 317th most exported product in Sweden. The main destination of Iron Chains exports from Sweden are: United States ($9.5M), Norway ($8.07M), Lithuania ($7.62M), Canada ($5.15M), and United Kingdom ($4.85M).

The fastest growing export markets for Iron Chains of Sweden between 2022 and 2023 were Canada ($4.87M), United Kingdom ($2.73M), and Norway ($1.65M).

Imports In 2023, Sweden imported $72.7M in Iron Chains, becoming the 23rd largest importer of Iron Chains in the world. At the same year, Iron Chains was the 373rd most imported product in Sweden. Sweden imports Iron Chains primarily from: Germany ($17.6M), China ($11.1M), Finland ($7.98M), Norway ($7.63M), and Italy ($5.24M).

The fastest growing import markets in Iron Chains for Sweden between 2022 and 2023 were Germany ($1.37M), Italy ($1.06M), and United Kingdom ($1.01M).

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

October 2024

About

Overview In October 2024 Sweden's Iron Chains exports accounted up to SEK43.9M and imports accounted up to SEK52.2M, resulting in a negative trade balance of SEK8.32M. Between October 2023 and October 2024 the exports of Sweden's   Iron Chains have decreased by SEK-10.8M (-19.7%) from SEK54.6M to SEK43.9M, while imports decreased by SEK-22.1M (-29.7%) from SEK74.2M to SEK52.2M.

Destinations In October 2024, Iron Chains were exported mostly to Norway (SEK5.95M), Lithuania (SEK5.85M), Finland (SEK3.62M), United States (SEK3.46M), and Australia (SEK3.38M), and were imported mostly from China (SEK9.99M), Germany (SEK9.76M), Norway (SEK7.31M), Finland (SEK6M), and Italy (SEK4.81M).

Growth In October 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 October 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 (October 2023 - October 2024)SEK-10.8M(-19.7%)
IMPORT GROWTH (October 2023 - October 2024)SEK-22.1M(-29.7%)
MAIN EXPORTER (October 2024)undefined48.1M
MAIN DESTINATION (October 2024)NorwaySEK5.95M

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 (2023)$62.5M
IMPORTS (2023)$72.7M
NET TRADE (2023)-$10.2M

In 2023, Sweden exported $62.5M in Iron Chains. The main destinations of Sweden exports on Iron Chains were United States ($9.5M), Norway ($8.07M), Lithuania ($7.62M), Canada ($5.15M), and United Kingdom ($4.85M).

In 2023, Sweden imported $72.7M in Iron Chains, mainly from Germany ($17.6M), China ($11.1M), Finland ($7.98M), Norway ($7.63M), and Italy ($5.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Canada$4.87M (1.7k%)
United Kingdom$2.73M (129%)
Norway$1.65M (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Sweden WERE (2022 - 2023):
Singapore-$1.61M (-91.8%)
Denmark-$840k (-22.3%)
Spain-$827k (-80.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Iron Chains were:
China $2.04B
Germany $895M
Japan $495M
In 2023, Sweden's main importing competitors in Iron Chains were:
United States $748M
Germany $394M
Mexico $264M

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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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