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2022
Exports $7.52MWorld Rnk 25 / 97
Flag Rnk 688 / 1212
2022
Destination $2.29M Germany
2021 - 2022
FASTEST GROWING MARKET $2.29MGermany
2022
PRODUCT COMPLEXITY IN Scrap Nickel-0.18Rnk 609 / 1025
2022
Imports $44.1MWorld Rnk 6 / 77
Flag Rnk 494 / 1213
2022
Origin $2.81M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.81MFrance
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $7.52M in Scrap Nickel, making it the 25th largest exporter of Scrap Nickel in the world. At the same year, Scrap Nickel was the 688th most exported product in Sweden. The main destination of Scrap Nickel exports from Sweden are: Germany ($5.23M), United Kingdom ($1.01M), United States ($944k), Japan ($85k), and Finland ($67.1k).

The fastest growing export markets for Scrap Nickel of Sweden between 2021 and 2022 were Germany ($2.29M), United States ($689k), and United Kingdom ($650k).

Imports In 2022, Sweden imported $44.1M in Scrap Nickel, becoming the 6th largest importer of Scrap Nickel in the world. At the same year, Scrap Nickel was the 494th most imported product in Sweden. Sweden imports Scrap Nickel primarily from: Germany ($10.2M), United Kingdom ($8.84M), United States ($8.56M), Netherlands ($5.45M), and France ($2.81M).

The fastest growing import markets in Scrap Nickel for Sweden between 2021 and 2022 were France ($2.81M), United States ($2.29M), and Austria ($1.11M).

Latest Trends

August 2024

About

Overview In August 2024 Sweden's Scrap Nickel exports accounted up to SEK3.91M and imports accounted up to SEK73.1M, resulting in a negative trade balance of SEK69.2M. Between August 2023 and August 2024 the exports of Sweden's   Scrap Nickel have decreased by SEK-14.3M (-78.5%) from SEK18.2M to SEK3.91M, while imports increased by SEK1.9M (2.67%) from SEK71.2M to SEK73.1M.

Destinations In August 2024, Scrap Nickel were exported mostly to Germany (SEK3.61M) and Denmark (SEK300k), and were imported mostly from Germany (SEK32.4M), United States (SEK10.8M), United Kingdom (SEK9.78M), India (SEK8.85M), and Netherlands (SEK4.97M).

Growth In August 2024, the decrease in Scrap Nickel's year-by-year exports was explained primarily by a decrease in exports to Germany (SEK-1.22M or -16.1%). In August 2024, the increase in Scrap Nickel's year-by-year imports was explained primarily by an increase in imports from Germany (SEK44.1M or 123%), United States (SEK22.3M or 649%), and United Kingdom (SEK7.3M or 159%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-14.3M(-78.5%)
IMPORT GROWTH (August 2023 - August 2024)SEK1.9M(2.67%)
MAIN EXPORTER (August 2024)undefined8.52M
MAIN DESTINATION (August 2024)GermanySEK3.61M

This section shows Scrap Nickel'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 Nickel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.52M
IMPORTS (2022)$44.1M
NET TRADE (2022)-$36.6M

In 2022, Sweden exported $7.52M in Scrap Nickel. The main destinations of Sweden exports on Scrap Nickel were Germany ($5.23M), United Kingdom ($1.01M), United States ($944k), Japan ($85k), and Finland ($67.1k).

In 2022, Sweden imported $44.1M in Scrap Nickel, mainly from Germany ($10.2M), United Kingdom ($8.84M), United States ($8.56M), Netherlands ($5.45M), and France ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Nickel EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Germany$2.29M (77.7%)
United States$689k (270%)
United Kingdom$650k (181%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Nickel BY Sweden WERE (2021 - 2022):
India-$99.9k (-100%)
Netherlands-$80.6k (-54.8%)
Canada-$63.1k (-100%)
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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 Nickel were:
United Kingdom $218M
United States $130M
Germany $114M
In 2022, Sweden's main importing competitors in Scrap Nickel were:
United States $399M
Japan $196M
United Kingdom $181M

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Trade Value of Scrap Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $664k
TOP IMPORT POTENTIALRussia+ $502k

Scrap Nickel’s highest export potential is United States. With an export gap of $664k.   Scrap Nickel’s highest import potential is Russia with an import gap of $502k.

See methodology.

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