Iron Sewing Needles in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $1.52M in Iron Sewing Needles, making it the 24th largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 914th most exported product in Sweden. The main destination of Iron Sewing Needles exports from Sweden are: Latvia ($349k), Norway ($229k), Denmark ($163k), Indonesia ($133k), and Finland ($92.2k).

The fastest growing export markets for Iron Sewing Needles of Sweden between 2021 and 2022 were Latvia ($299k), United Kingdom ($45.2k), and United States ($37.9k).

Imports In 2022, Sweden imported $1.81M in Iron Sewing Needles, becoming the 40th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 1015th most imported product in Sweden. Sweden imports Iron Sewing Needles primarily from: China ($420k), India ($287k), Chinese Taipei ($218k), Denmark ($202k), and Germany ($182k).

The fastest growing import markets in Iron Sewing Needles for Sweden between 2021 and 2022 were Chinese Taipei ($101k), China ($98.2k), and France ($19.1k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Sewing Needles from Sweden to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Sweden's Iron Sewing Needles exports accounted up to SEK1.01M and imports accounted up to SEK1.23M, resulting in a negative trade balance of SEK227k. Between December 2022 and December 2023 the exports of Sweden's Iron Sewing Needles have decreased by SEK-24k (-2.33%) from SEK1.03M to SEK1.01M, while imports decreased by SEK-290k (-19%) from SEK1.52M to SEK1.23M.

Destinations In December 2023, Iron Sewing Needles were exported mostly to Denmark (SEK248k), Norway (SEK206k), Finland (SEK180k), Netherlands (SEK109k), and Poland (SEK65k), and were imported mostly from Norway (SEK473k), United States (SEK191k), Denmark (SEK178k), Germany (SEK87k), and China (SEK57k).

Growth In December 2023, the decrease in Iron Sewing Needles's year-by-year exports was explained primarily by a decrease in exports to Finland (SEK-46k or -41.1%), Denmark (SEK-39k or -17.6%), and Latvia (SEK-24k or -75%). In December 2023, the decrease in Iron Sewing Needles's year-by-year imports was explained primarily by a decrease in imports from Taiwan (SEK-360k or -93%), Norway (SEK-98k or -15.8%), and Denmark (SEK-44k or -19.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-24k(-2.33%)

IMPORT GROWTH (December 2022 - December 2023)SEK-290k(-19%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)DenmarkSEK248k

This section shows Iron Sewing Needles'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 Sewing Needles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.52M

IMPORTS (2022)$1.81M

NET TRADE (2022)-$286k

In 2022, Sweden exported $1.52M in Iron Sewing Needles. The main destinations of Sweden exports on Iron Sewing Needles were Latvia ($349k), Norway ($229k), Denmark ($163k), Indonesia ($133k), and Finland ($92.2k).

In 2022, Sweden imported $1.81M in Iron Sewing Needles, mainly from China ($420k), India ($287k), Chinese Taipei ($218k), Denmark ($202k), and Germany ($182k).

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