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2022
Exports $727MWorld Rnk 14 / 212
Flag Rnk 48 / 1212
2022
Destination $34.2M Denmark
2021 - 2022
FASTEST GROWING MARKET $34.2MNorway
2022
PRODUCT COMPLEXITY IN Scrap Iron-0.59Rnk 720 / 1025
2022
Imports $330MWorld Rnk 30 / 187
Flag Rnk 127 / 1213
2022
Origin $13.8M Germany
2021 - 2022
FASTEST GROWING ORIGIN $13.8MGermany
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $727M in Scrap Iron, making it the 14th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 48th most exported product in Sweden. The main destination of Scrap Iron exports from Sweden are: Denmark ($122M), Turkey ($99.4M), Norway ($97M), India ($75.1M), and Pakistan ($71.4M).

The fastest growing export markets for Scrap Iron of Sweden between 2021 and 2022 were Norway ($34.2M), India ($28.3M), and Pakistan ($22M).

Imports In 2022, Sweden imported $330M in Scrap Iron, becoming the 30th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 127th most imported product in Sweden. Sweden imports Scrap Iron primarily from: Germany ($137M), Denmark ($70.9M), Norway ($38.7M), Finland ($33.5M), and India ($10.8M).

The fastest growing import markets in Scrap Iron for Sweden between 2021 and 2022 were Germany ($13.8M), Finland ($5.47M), and Norway ($5.3M).

COMPANIES In 2023, leading companies such as Ford Motor Company (3) and General Motors (2) were at the forefront of shipping Scrap Iron from Sweden to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Scrap Iron exports accounted up to SEK468M and imports accounted up to SEK176M, resulting in a positive trade balance of SEK292M. Between June 2023 and June 2024 the exports of Sweden's   Scrap Iron have decreased by SEK-102M (-18%) from SEK570M to SEK468M, while imports decreased by SEK-13.4M (-7.07%) from SEK189M to SEK176M.

Destinations In June 2024, Scrap Iron were exported mostly to Norway (SEK155M), Germany (SEK93.3M), Finland (SEK70.8M), India (SEK46.8M), and Denmark (SEK40.6M), and were imported mostly from Germany (SEK40.4M), Denmark (SEK36.9M), Norway (SEK36M), Finland (SEK32.7M), and India (SEK8.71M).

Growth In June 2024, the decrease in Scrap Iron's year-by-year exports was explained primarily by a decrease in exports to Pakistan (SEK-8.37M or -22.4%), Netherlands (SEK-4.62M or -69.1%), and Finland (SEK-3.53M or -17.4%). In June 2024, the decrease in Scrap Iron's year-by-year imports was explained primarily by a decrease in imports from Germany (SEK-35.9M or -41.5%) and United Kingdom (SEK-30k or -15.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-102M(-18%)
IMPORT GROWTH (June 2023 - June 2024)SEK-13.4M(-7.07%)
MAIN EXPORTER (June 2024)undefined825M
MAIN DESTINATION (June 2024)NorwaySEK155M

This section shows Scrap Iron'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 Scrap Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$727M
IMPORTS (2022)$330M
NET TRADE (2022)$396M

In 2022, Sweden exported $727M in Scrap Iron. The main destinations of Sweden exports on Scrap Iron were Denmark ($122M), Turkey ($99.4M), Norway ($97M), India ($75.1M), and Pakistan ($71.4M).

In 2022, Sweden imported $330M in Scrap Iron, mainly from Germany ($137M), Denmark ($70.9M), Norway ($38.7M), Finland ($33.5M), and India ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$34.2M (54.5%)
India$28.3M (60.4%)
Pakistan$22M (44.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Sweden WERE (2021 - 2022):
Germany-$58.9M (-52.3%)
Denmark-$14.2M (-10.5%)
Turkey-$13.9M (-12.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Scrap Iron were:
United States $7.92B
Germany $5.21B
United Kingdom $3.91B
In 2022, Sweden's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $31.3M
TOP IMPORT POTENTIALUnited States+ $10.3M

Scrap Iron’s highest export potential is India. With an export gap of $31.3M.   Scrap Iron’s highest import potential is United States with an import gap of $10.3M.

See methodology.

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