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2022
Exports $635MWorld Rnk 22 / 222
Flag Rnk 54 / 1212
2022
Destination $28.5M Norway
2021 - 2022
FASTEST GROWING MARKET $28.5MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Other Iron Products0.8Rnk 243 / 1025
2022
Imports $1.04BWorld Rnk 20 / 225
Flag Rnk 25 / 1213
2022
Origin $18.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $18.4MItaly
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $635M in Other Iron Products, making it the 22nd largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 54th most exported product in Sweden. The main destination of Other Iron Products exports from Sweden are: Norway ($97M), United States ($59.2M), Denmark ($48.7M), United Kingdom ($48.1M), and Germany ($40.4M).

The fastest growing export markets for Other Iron Products of Sweden between 2021 and 2022 were United Kingdom ($28.5M), United States ($8.97M), and Poland ($7.78M).

Imports In 2022, Sweden imported $1.04B in Other Iron Products, becoming the 20th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 25th most imported product in Sweden. Sweden imports Other Iron Products primarily from: Germany ($177M), China ($140M), Poland ($126M), Italy ($110M), and France ($59.6M).

The fastest growing import markets in Other Iron Products for Sweden between 2021 and 2022 were Italy ($18.4M), Finland ($18.1M), and Poland ($5.32M).

COMPANIES In 2023, leading companies such as Ford Motor Company (19), Parker (16), and General Motors (12) were at the forefront of shipping Other Iron Products from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Other Iron Products exports accounted up to SEK43.2M and imports accounted up to SEK683M, resulting in a negative trade balance of SEK640M. Between May 2023 and May 2024 the exports of Sweden's   Other Iron Products have increased by SEK251k (0.58%) from SEK42.9M to SEK43.2M, while imports decreased by SEK-36.9M (-5.13%) from SEK720M to SEK683M.

Destinations In May 2024, Other Iron Products were exported mostly to Norway (SEK11.9M), Finland (SEK4.93M), United States (SEK4.88M), Germany (SEK4.67M), and Denmark (SEK3.44M), and were imported mostly from Germany (SEK129M), China (SEK81.6M), Poland (SEK64.3M), Denmark (SEK56.6M), and Italy (SEK41.5M).

Growth In May 2024, the increase in Other Iron Products's year-by-year exports was explained primarily by an increase in exports to Japan (SEK1.89M or 5.39k%), Finland (SEK1.4M or 47.3%), and Denmark (SEK1.33M or 50.7%). In May 2024, the decrease in Other Iron Products's year-by-year imports was explained primarily by a decrease in imports from China (SEK-47.7M or -34.6%), Vietnam (SEK-6.67M or -70.9%), and Spain (SEK-6.58M or -69.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK251k(0.58%)
IMPORT GROWTH (May 2023 - May 2024)SEK-36.9M(-5.13%)
MAIN EXPORTER (May 2024)undefined44.1M
MAIN DESTINATION (May 2024)NorwaySEK11.9M

This section shows Other Iron Products'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 Other Iron Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$635M
IMPORTS (2022)$1.04B
NET TRADE (2022)-$407M

In 2022, Sweden exported $635M in Other Iron Products. The main destinations of Sweden exports on Other Iron Products were Norway ($97M), United States ($59.2M), Denmark ($48.7M), United Kingdom ($48.1M), and Germany ($40.4M).

In 2022, Sweden imported $1.04B in Other Iron Products, mainly from Germany ($177M), China ($140M), Poland ($126M), Italy ($110M), and France ($59.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United Kingdom$28.5M (146%)
United States$8.97M (17.8%)
Poland$7.78M (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Sweden WERE (2021 - 2022):
Russia-$9.36M (-78.8%)
Germany-$6.29M (-13.5%)
Denmark-$4.74M (-8.87%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Other Iron Products were:
China $18.4B
Germany $6.21B
United States $5.56B
In 2022, Sweden's main importing competitors in Other Iron Products were:
United States $8.99B
Germany $7.58B
Mexico $3.93B

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.6M
TOP IMPORT POTENTIALChina+ $60.5M

Other Iron Products’s highest export potential is United States. With an export gap of $38.6M.   Other Iron Products’s highest import potential is China with an import gap of $60.5M.

See methodology.

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