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2023
Exports $24.1MWorld Rnk 26 / 168
Flag Rnk 471 / 1210
2023
Destination $771k United States
2022 - 2023
FASTEST GROWING MARKET $771kNetherlands
2023
PRODUCT COMPLEXITY IN Iron Nails-0.52Rnk 709 / 1025
2023
Imports $28.7MWorld Rnk 18 / 220
Flag Rnk 570 / 1213
2023
Origin $5.77M Austria
2022 - 2023
FASTEST GROWING ORIGIN $5.77MAustria
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $24.1M in Iron Nails, making it the 26th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 471st most exported product in Sweden. The main destination of Iron Nails exports from Sweden are: United States ($5.92M), Netherlands ($4.25M), Norway ($2.88M), Denmark ($2.24M), and Germany ($1.47M).

The fastest growing export markets for Iron Nails of Sweden between 2022 and 2023 were Netherlands ($771k), Germany ($765k), and Spain ($332k).

Imports In 2023, Sweden imported $28.7M in Iron Nails, becoming the 18th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 570th most imported product in Sweden. Sweden imports Iron Nails primarily from: Austria ($6.23M), China ($4.89M), Poland ($4.85M), Denmark ($3.76M), and Finland ($2.2M).

The fastest growing import markets in Iron Nails for Sweden between 2022 and 2023 were Austria ($5.77M), South Korea ($168k), and Egypt ($122k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Iron Nails exports accounted up to SEK16.9M and imports accounted up to SEK23.7M, resulting in a negative trade balance of SEK6.86M. Between November 2023 and November 2024 the exports of Sweden's   Iron Nails have decreased by SEK-7.14M (-29.7%) from SEK24M to SEK16.9M, while imports decreased by SEK-3.62M (-13.2%) from SEK27.3M to SEK23.7M.

Destinations In November 2024, Iron Nails were exported mostly to United States (SEK5.51M), Norway (SEK5.12M), Finland (SEK1.74M), Denmark (SEK1.5M), and Netherlands (SEK737k), and were imported mostly from Austria (SEK5.53M), Poland (SEK5.13M), China (SEK2.94M), Denmark (SEK2.7M), and Germany (SEK1.51M).

Growth In November 2024, the decrease in Iron Nails's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-1.6M or -46.2%), Norway (SEK-1.33M or -20.6%), and Estonia (SEK-323k or -56.4%). In November 2024, the decrease in Iron Nails's year-by-year imports was explained primarily by a decrease in imports from Poland (SEK-3.63M or -51.3%), China (SEK-724k or -12.7%), and Norway (SEK-666k or -37.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-7.14M(-29.7%)
IMPORT GROWTH (November 2023 - November 2024)SEK-3.62M(-13.2%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)United StatesSEK5.51M

This section shows Iron Nails'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 Nails over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$24.1M
IMPORTS (2023)$28.7M
NET TRADE (2023)-$4.57M

In 2023, Sweden exported $24.1M in Iron Nails. The main destinations of Sweden exports on Iron Nails were United States ($5.92M), Netherlands ($4.25M), Norway ($2.88M), Denmark ($2.24M), and Germany ($1.47M).

In 2023, Sweden imported $28.7M in Iron Nails, mainly from Austria ($6.23M), China ($4.89M), Poland ($4.85M), Denmark ($3.76M), and Finland ($2.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Netherlands$771k (22.2%)
Germany$765k (108%)
Spain$332k (427%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Sweden WERE (2022 - 2023):
Norway-$1.19M (-29.2%)
Finland-$603k (-48.4%)
Denmark-$423k (-15.9%)
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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 Nails were:
China $1.33B
Germany $112M
Poland $107M
In 2023, Sweden's main importing competitors in Iron Nails were:
United States $1.06B
Canada $124M
United Kingdom $105M

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.46M
TOP IMPORT POTENTIALChina+ $3.3M

Iron Nails’s highest export potential is United States. With an export gap of $2.46M.   Iron Nails’s highest import potential is China with an import gap of $3.3M.

See methodology.

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