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2023
Exports $348MWorld Rnk 36 / 156
Flag Rnk 104 / 1210
2023
Destination $35.2M Germany
2022 - 2023
FASTEST GROWING MARKET $35.2MSpain
2023
PRODUCT COMPLEXITY IN Raw Aluminium-1.28Rnk 895 / 1025
2023
Imports $520MWorld Rnk 27 / 186
Flag Rnk 73 / 1213
2023
Origin $4.59M Norway
2022 - 2023
FASTEST GROWING ORIGIN $4.59MMalaysia
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $348M in Raw Aluminium, making it the 36th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 104th most exported product in Sweden. The main destination of Raw Aluminium exports from Sweden are: Germany ($43M), Poland ($42.5M), Spain ($38.7M), Italy ($37.4M), and Turkey ($34.2M).

The fastest growing export markets for Raw Aluminium of Sweden between 2022 and 2023 were Spain ($35.2M), Greece ($26.3M), and Turkey ($16.5M).

Imports In 2023, Sweden imported $520M in Raw Aluminium, becoming the 27th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 73rd most imported product in Sweden. Sweden imports Raw Aluminium primarily from: Norway ($397M), Netherlands ($41M), Finland ($24.3M), Germany ($21.2M), and Malaysia ($4.59M).

The fastest growing import markets in Raw Aluminium for Sweden between 2022 and 2023 were Malaysia ($4.59M), Poland ($2.06M), and Germany ($1.77M).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Raw Aluminium exports accounted up to SEK622M and imports accounted up to SEK505M, resulting in a positive trade balance of SEK117M. Between November 2023 and November 2024 the exports of Sweden's   Raw Aluminium have increased by SEK31.7M (5.38%) from SEK590M to SEK622M, while imports increased by SEK10.1M (2.04%) from SEK495M to SEK505M.

Destinations In November 2024, Raw Aluminium were exported mostly to Spain (SEK147M), Poland (SEK132M), Greece (SEK75.5M), Germany (SEK61.6M), and Finland (SEK55.1M), and were imported mostly from Norway (SEK368M), Germany (SEK30.7M), Netherlands (SEK27.4M), Poland (SEK17.2M), and Iceland (SEK14.6M).

Growth In November 2024, the increase in Raw Aluminium's year-by-year exports was explained primarily by an increase in exports to United States (SEK62.9M or 87.4k%), Norway (SEK16.5M or 231%), and Denmark (SEK12M or 105%). In November 2024, the increase in Raw Aluminium's year-by-year imports was explained primarily by an increase in imports from Finland (SEK8.59M or 58.3%), Germany (SEK4.63M or 59.1%), and Italy (SEK1.83M or 198%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK31.7M(5.38%)
IMPORT GROWTH (November 2023 - November 2024)SEK10.1M(2.04%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)SpainSEK147M

This section shows Raw Aluminium'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 Raw Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$348M
IMPORTS (2023)$520M
NET TRADE (2023)-$172M

In 2023, Sweden exported $348M in Raw Aluminium. The main destinations of Sweden exports on Raw Aluminium were Germany ($43M), Poland ($42.5M), Spain ($38.7M), Italy ($37.4M), and Turkey ($34.2M).

In 2023, Sweden imported $520M in Raw Aluminium, mainly from Norway ($397M), Netherlands ($41M), Finland ($24.3M), Germany ($21.2M), and Malaysia ($4.59M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Spain$35.2M (983%)
Greece$26.3M (1.21M%)
Turkey$16.5M (93.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Sweden WERE (2022 - 2023):
Poland-$80.6M (-65.4%)
Finland-$39.6M (-86%)
Germany-$36.4M (-45.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Raw Aluminium were:
Canada $8.04B
Russia $6.95B
United Arab Emirates $6.61B
In 2023, Sweden's main importing competitors in Raw Aluminium were:
United States $11.9B
Germany $6.45B
China $6.01B

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $32.1M
TOP IMPORT POTENTIALRussia+ $38.7M

Raw Aluminium’s highest export potential is Germany. With an export gap of $32.1M.   Raw Aluminium’s highest import potential is Russia with an import gap of $38.7M.

See methodology.

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