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2023
Exports $411MWorld Rnk 21 / 226
Flag Rnk 92 / 1210
2023
Destination $4.9M Germany
2022 - 2023
FASTEST GROWING MARKET $4.9MFrance
2023
PRODUCT COMPLEXITY IN Iron Fasteners1.67Rnk 25 / 1025
2023
Imports $584MWorld Rnk 25 / 226
Flag Rnk 61 / 1213
2023
Origin $11.2M Germany
2022 - 2023
FASTEST GROWING ORIGIN $11.2MGermany
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $411M in Iron Fasteners, making it the 21st largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 92nd most exported product in Sweden. The main destination of Iron Fasteners exports from Sweden are: Germany ($42M), United States ($32.1M), Belgium ($28.8M), Denmark ($24.9M), and Poland ($24.6M).

The fastest growing export markets for Iron Fasteners of Sweden between 2022 and 2023 were France ($4.9M), United Kingdom ($4.63M), and India ($4.01M).

Imports In 2023, Sweden imported $584M in Iron Fasteners, becoming the 25th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 61st most imported product in Sweden. Sweden imports Iron Fasteners primarily from: Germany ($160M), Chinese Taipei ($97.4M), Italy ($50.5M), China ($46.6M), and Poland ($25.3M).

The fastest growing import markets in Iron Fasteners for Sweden between 2022 and 2023 were Germany ($11.2M), Italy ($6.72M), and Poland ($3.85M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Iron Fasteners exports accounted up to SEK370M and imports accounted up to SEK543M, resulting in a negative trade balance of SEK173M. Between October 2023 and October 2024 the exports of Sweden's   Iron Fasteners have decreased by SEK-15.1M (-3.92%) from SEK385M to SEK370M, while imports increased by SEK17.8M (3.39%) from SEK525M to SEK543M.

Destinations In October 2024, Iron Fasteners were exported mostly to Norway (SEK58.2M), United States (SEK35.6M), Germany (SEK29.8M), Denmark (SEK27.9M), and China (SEK27.4M), and were imported mostly from Germany (SEK132M), Chinese Taipei (SEK83.6M), China (SEK52.4M), Spain (SEK42.5M), and Italy (SEK36.9M).

Growth In October 2024, the decrease in Iron Fasteners's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-5.9M or -98.5%), United States (SEK-4.24M or -11.8%), and South Korea (SEK-3.04M or -54.2%). In October 2024, the increase in Iron Fasteners's year-by-year imports was explained primarily by an increase in imports from Germany (SEK59.2M or 68.8%), Denmark (SEK6.59M or 58.4%), and Austria (SEK5.8M or 74.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-15.1M(-3.92%)
IMPORT GROWTH (October 2023 - October 2024)SEK17.8M(3.39%)
MAIN EXPORTER (October 2024)undefined373M
MAIN DESTINATION (October 2024)NorwaySEK58.2M

This section shows Iron Fasteners'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 Fasteners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$411M
IMPORTS (2023)$584M
NET TRADE (2023)-$172M

In 2023, Sweden exported $411M in Iron Fasteners. The main destinations of Sweden exports on Iron Fasteners were Germany ($42M), United States ($32.1M), Belgium ($28.8M), Denmark ($24.9M), and Poland ($24.6M).

In 2023, Sweden imported $584M in Iron Fasteners, mainly from Germany ($160M), Chinese Taipei ($97.4M), Italy ($50.5M), China ($46.6M), and Poland ($25.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
France$4.9M (26.5%)
United Kingdom$4.63M (24.3%)
India$4.01M (79.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Sweden WERE (2022 - 2023):
Netherlands-$5.87M (-23.5%)
China-$3.29M (-16.4%)
Germany-$3.18M (-7.05%)
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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 Fasteners were:
China $9.44B
Germany $7.01B
Chinese Taipei $5.35B
In 2023, Sweden's main importing competitors in Iron Fasteners were:
United States $6.12B
Germany $4.86B
Mexico $3.31B

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.8M
TOP IMPORT POTENTIALChina+ $31.8M

Iron Fasteners’s highest export potential is United States. With an export gap of $22.8M.   Iron Fasteners’s highest import potential is China with an import gap of $31.8M.

See methodology.

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