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2023
Exports $618MWorld Rnk 6 / 149
Flag Rnk 56 / 1210
2023
Destination $21.8M Germany
2022 - 2023
FASTEST GROWING MARKET $21.8MAustralia
2023
PRODUCT COMPLEXITY IN Other Steel Bars0.32Rnk 450 / 1025
2023
Imports $202MWorld Rnk 23 / 213
Flag Rnk 169 / 1213
2023
Origin $5.09M Finland
2022 - 2023
FASTEST GROWING ORIGIN $5.09MUnited Kingdom
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $618M in Other Steel Bars, making it the 6th largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 56th most exported product in Sweden. The main destination of Other Steel Bars exports from Sweden are: Germany ($115M), France ($57M), China ($51.7M), Poland ($46M), and United States ($43.3M).

The fastest growing export markets for Other Steel Bars of Sweden between 2022 and 2023 were Australia ($21.8M), United States ($5.85M), and Singapore ($3.77M).

Imports In 2023, Sweden imported $202M in Other Steel Bars, becoming the 23rd largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 169th most imported product in Sweden. Sweden imports Other Steel Bars primarily from: Finland ($65.9M), Italy ($46.7M), Germany ($37.1M), Austria ($11.8M), and United Kingdom ($8.21M).

The fastest growing import markets in Other Steel Bars for Sweden between 2022 and 2023 were United Kingdom ($5.09M), Austria ($3.24M), and China ($2.47M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Other Steel Bars exports accounted up to SEK271M and imports accounted up to SEK131M, resulting in a positive trade balance of SEK140M. Between November 2023 and November 2024 the exports of Sweden's   Other Steel Bars have decreased by SEK-28.5M (-9.54%) from SEK299M to SEK271M, while imports decreased by SEK-55.4M (-29.8%) from SEK186M to SEK131M.

Destinations In November 2024, Other Steel Bars were exported mostly to China (SEK73.8M), Singapore (SEK27.3M), United States (SEK17.6M), France (SEK15.7M), and Germany (SEK14.9M), and were imported mostly from Finland (SEK31.1M), Germany (SEK26.6M), Italy (SEK26.5M), Austria (SEK14.5M), and Poland (SEK7.22M).

Growth In November 2024, the decrease in Other Steel Bars's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (SEK-7.27M or -41.6%), Japan (SEK-5.86M or -94%), and South Korea (SEK-2.01M or -47.8%). In November 2024, the decrease in Other Steel Bars's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-13.1M or -38.9%), Lithuania (SEK-3.18M or -71%), and Czechia (SEK-1.21M or -23%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-28.5M(-9.54%)
IMPORT GROWTH (November 2023 - November 2024)SEK-55.4M(-29.8%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)ChinaSEK73.8M

This section shows Other Steel Bars'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 Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$618M
IMPORTS (2023)$202M
NET TRADE (2023)$416M

In 2023, Sweden exported $618M in Other Steel Bars. The main destinations of Sweden exports on Other Steel Bars were Germany ($115M), France ($57M), China ($51.7M), Poland ($46M), and United States ($43.3M).

In 2023, Sweden imported $202M in Other Steel Bars, mainly from Finland ($65.9M), Italy ($46.7M), Germany ($37.1M), Austria ($11.8M), and United Kingdom ($8.21M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Australia$21.8M (4.84k%)
United States$5.85M (15.6%)
Singapore$3.77M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Sweden WERE (2022 - 2023):
Germany-$27.8M (-19.5%)
United Kingdom-$22.9M (-65.7%)
Poland-$17.9M (-28%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Other Steel Bars were:
China $3.16B
Germany $1.62B
Japan $940M
In 2023, Sweden's main importing competitors in Other Steel Bars were:
Germany $1.53B
United States $954M
Mexico $804M

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.2M
TOP IMPORT POTENTIALChina+ $4.01M

Other Steel Bars’s highest export potential is United States. With an export gap of $12.2M.   Other Steel Bars’s highest import potential is China with an import gap of $4.01M.

See methodology.

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