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2023
Exports $196MWorld Rnk 22 / 211
Flag Rnk 165 / 1210
2023
Destination $3.51M Denmark
2022 - 2023
FASTEST GROWING MARKET $3.51MSingapore
2023
PRODUCT COMPLEXITY IN Iron Pipe Fittings1.13Rnk 134 / 1025
2023
Imports $265MWorld Rnk 30 / 225
Flag Rnk 135 / 1213
2023
Origin $6.34M Germany
2022 - 2023
FASTEST GROWING ORIGIN $6.34MBelgium
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $196M in Iron Pipe Fittings, making it the 22nd largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 165th most exported product in Sweden. The main destination of Iron Pipe Fittings exports from Sweden are: Denmark ($27.7M), Norway ($26.8M), Finland ($19.5M), United States ($11.4M), and Poland ($10.3M).

The fastest growing export markets for Iron Pipe Fittings of Sweden between 2022 and 2023 were Singapore ($3.51M), United States ($1.56M), and United Arab Emirates ($1.05M).

Imports In 2023, Sweden imported $265M in Iron Pipe Fittings, becoming the 30th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 135th most imported product in Sweden. Sweden imports Iron Pipe Fittings primarily from: Germany ($51.4M), Belgium ($29.6M), Italy ($25.6M), Czechia ($22.9M), and Denmark ($21.5M).

The fastest growing import markets in Iron Pipe Fittings for Sweden between 2022 and 2023 were Belgium ($6.34M), Italy ($2.29M), and Latvia ($1.29M).

COMPANIES In 2023, leading companies such as Mahle Behr (31) were at the forefront of shipping Iron Pipe Fittings from Sweden to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Iron Pipe Fittings exports accounted up to SEK192M and imports accounted up to SEK224M, resulting in a negative trade balance of SEK31.6M. Between October 2023 and October 2024 the exports of Sweden's   Iron Pipe Fittings have decreased by SEK-15.3M (-7.36%) from SEK208M to SEK192M, while imports decreased by SEK-21.5M (-8.75%) from SEK245M to SEK224M.

Destinations In October 2024, Iron Pipe Fittings were exported mostly to Norway (SEK35.8M), Denmark (SEK19.1M), Finland (SEK15.3M), United States (SEK13.4M), and Czechia (SEK12.4M), and were imported mostly from Germany (SEK40M), Italy (SEK31.2M), Denmark (SEK26.8M), Czechia (SEK17.6M), and China (SEK17.1M).

Growth In October 2024, the decrease in Iron Pipe Fittings's year-by-year exports was explained primarily by a decrease in exports to Russia (SEK-2.33M or -98.6%), India (SEK-2.12M or -70.8%), and Philippines (SEK-2.1M or -94.5%). In October 2024, the decrease in Iron Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from China (SEK-4.05M or -25.9%), Israel (SEK-2.6M or -84.3%), and South Korea (SEK-1.16M or -70.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-15.3M(-7.36%)
IMPORT GROWTH (October 2023 - October 2024)SEK-21.5M(-8.75%)
MAIN EXPORTER (October 2024)undefined218M
MAIN DESTINATION (October 2024)NorwaySEK35.8M

This section shows Iron Pipe Fittings'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 Pipe Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$196M
IMPORTS (2023)$265M
NET TRADE (2023)-$68.8M

In 2023, Sweden exported $196M in Iron Pipe Fittings. The main destinations of Sweden exports on Iron Pipe Fittings were Denmark ($27.7M), Norway ($26.8M), Finland ($19.5M), United States ($11.4M), and Poland ($10.3M).

In 2023, Sweden imported $265M in Iron Pipe Fittings, mainly from Germany ($51.4M), Belgium ($29.6M), Italy ($25.6M), Czechia ($22.9M), and Denmark ($21.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Singapore$3.51M (214%)
United States$1.56M (15.8%)
United Arab Emirates$1.05M (403%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Sweden WERE (2022 - 2023):
Denmark-$5.05M (-15.4%)
India-$1.89M (-71.6%)
Norway-$1.88M (-6.55%)
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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 Pipe Fittings were:
China $5.62B
Italy $2.2B
United States $2.17B
In 2023, Sweden's main importing competitors in Iron Pipe Fittings were:
United States $3.06B
Germany $1.61B
Canada $977M

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5M
TOP IMPORT POTENTIALChina+ $15M

Iron Pipe Fittings’s highest export potential is United States. With an export gap of $11.5M.   Iron Pipe Fittings’s highest import potential is China with an import gap of $15M.

See methodology.

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