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2022
Exports $391MWorld Rnk 23 / 224
Flag Rnk 96 / 1212
2022
Destination $6.54M United States
2021 - 2022
FASTEST GROWING MARKET $6.54MUnited States
2022
PRODUCT COMPLEXITY IN Iron Fasteners1.68Rnk 27 / 1025
2022
Imports $639MWorld Rnk 23 / 225
Flag Rnk 56 / 1213
2022
Origin $10.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.1MPoland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $391M in Iron Fasteners, making it the 23rd largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 96th most exported product in Sweden. The main destination of Iron Fasteners exports from Sweden are: United States ($37.1M), Germany ($36.4M), Denmark ($33.8M), Norway ($32M), and Poland ($25.3M).

The fastest growing export markets for Iron Fasteners of Sweden between 2021 and 2022 were United States ($6.54M), Norway ($2.33M), and Chinese Taipei ($1.07M).

Imports In 2022, Sweden imported $639M in Iron Fasteners, becoming the 23rd largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 56th most imported product in Sweden. Sweden imports Iron Fasteners primarily from: Germany ($161M), Chinese Taipei ($125M), China ($64.4M), Italy ($44M), and Poland ($24M).

The fastest growing import markets in Iron Fasteners for Sweden between 2021 and 2022 were Poland ($10.1M), Vietnam ($7.26M), and Italy ($5.87M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Iron Fasteners exports accounted up to SEK336M and imports accounted up to SEK435M, resulting in a negative trade balance of SEK99.1M. Between August 2023 and August 2024 the exports of Sweden's   Iron Fasteners have increased by SEK28.8M (9.37%) from SEK307M to SEK336M, while imports decreased by SEK-45.6M (-9.48%) from SEK481M to SEK435M.

Destinations In August 2024, Iron Fasteners were exported mostly to Norway (SEK58.9M), Germany (SEK30.4M), United States (SEK28.3M), Denmark (SEK25.3M), and United Kingdom (SEK19.6M), and were imported mostly from Germany (SEK119M), Chinese Taipei (SEK72M), China (SEK39.9M), Italy (SEK25.3M), and Poland (SEK20M).

Growth In August 2024, the increase in Iron Fasteners's year-by-year exports was explained primarily by an increase in exports to United Kingdom (SEK7.43M or 53.4%), Denmark (SEK5.18M or 20.5%), and Brazil (SEK5.05M or 88.8%). In August 2024, the decrease in Iron Fasteners's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (SEK-29M or -21%), China (SEK-26.7M or -38.6%), and Spain (SEK-6.36M or -31.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK28.8M(9.37%)
IMPORT GROWTH (August 2023 - August 2024)SEK-45.6M(-9.48%)
MAIN EXPORTER (August 2024)undefined373M
MAIN DESTINATION (August 2024)NorwaySEK58.9M

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 (2022)$391M
IMPORTS (2022)$639M
NET TRADE (2022)-$248M

In 2022, Sweden exported $391M in Iron Fasteners. The main destinations of Sweden exports on Iron Fasteners were United States ($37.1M), Germany ($36.4M), Denmark ($33.8M), Norway ($32M), and Poland ($25.3M).

In 2022, Sweden imported $639M in Iron Fasteners, mainly from Germany ($161M), Chinese Taipei ($125M), China ($64.4M), Italy ($44M), and Poland ($24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$6.54M (21.4%)
Norway$2.33M (7.86%)
Chinese Taipei$1.07M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Sweden WERE (2021 - 2022):
Poland-$7.64M (-23.2%)
Russia-$6.3M (-78.4%)
China-$3.73M (-15.9%)
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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 Fasteners were:
China $12B
Germany $7.11B
Chinese Taipei $6.56B
In 2022, Sweden's main importing competitors in Iron Fasteners were:
United States $7.91B
Germany $4.86B
Mexico $2.97B

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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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