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2023
Exports $58.5MWorld Rnk 44 / 125
Flag Rnk 326 / 1210
2023
Destination $18.4M Germany
2022 - 2023
FASTEST GROWING MARKET $18.4MGermany
2023
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.94Rnk 812 / 1025
2023
Imports $22.5MWorld Rnk 63 / 189
Flag Rnk 611 / 1213
2023
Origin $11.7M United States
2022 - 2023
FASTEST GROWING ORIGIN $11.7MUnited States
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $58.5M in Semi-Finished Iron, making it the 44th largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 326th most exported product in Sweden. The main destination of Semi-Finished Iron exports from Sweden are: Germany ($22.1M), Finland ($21.8M), Austria ($4.84M), Denmark ($4.01M), and Norway ($1.83M).

The fastest growing export markets for Semi-Finished Iron of Sweden between 2022 and 2023 were Germany ($18.4M), Denmark ($3.43M), and United Kingdom ($225k).

Imports In 2023, Sweden imported $22.5M in Semi-Finished Iron, becoming the 63rd largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 611th most imported product in Sweden. Sweden imports Semi-Finished Iron primarily from: United States ($11.8M), Finland ($2.43M), United Kingdom ($1.6M), Slovakia ($1.18M), and Latvia ($1.04M).

The fastest growing import markets in Semi-Finished Iron for Sweden between 2022 and 2023 were United States ($11.7M), Finland ($993k), and Netherlands ($544k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Semi-Finished Iron exports accounted up to SEK36.8M and imports accounted up to SEK5.01M, resulting in a positive trade balance of SEK31.8M. Between November 2023 and November 2024 the exports of Sweden's   Semi-Finished Iron have increased by SEK3.33M (9.93%) from SEK33.5M to SEK36.8M, while imports decreased by SEK-1.23M (-19.8%) from SEK6.24M to SEK5.01M.

Destinations In November 2024, Semi-Finished Iron were exported mostly to Germany (SEK19.1M), Austria (SEK5.5M), Denmark (SEK4.61M), Czechia (SEK3.1M), and Norway (SEK1.74M), and were imported mostly from United Kingdom (SEK3.31M), Germany (SEK1.02M), Finland (SEK435k), Poland (SEK83k), and Czechia (SEK82k).

Growth In November 2024, the increase in Semi-Finished Iron's year-by-year exports was explained primarily by an increase in exports to Finland (SEK70.9M or 5.19k%), Germany (SEK16.4M or 91%), and Denmark (SEK4.26M or 32.7k%). In November 2024, the decrease in Semi-Finished Iron's year-by-year imports was explained primarily by a decrease in imports from China (SEK-1.08M or -99.6%), Germany (SEK-992k or -49.6%), and Italy (SEK-346k or -94.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK3.33M(9.93%)
IMPORT GROWTH (November 2023 - November 2024)SEK-1.23M(-19.8%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)GermanySEK19.1M

This section shows Semi-Finished 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 Semi-Finished Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$58.5M
IMPORTS (2023)$22.5M
NET TRADE (2023)$36M

In 2023, Sweden exported $58.5M in Semi-Finished Iron. The main destinations of Sweden exports on Semi-Finished Iron were Germany ($22.1M), Finland ($21.8M), Austria ($4.84M), Denmark ($4.01M), and Norway ($1.83M).

In 2023, Sweden imported $22.5M in Semi-Finished Iron, mainly from United States ($11.8M), Finland ($2.43M), United Kingdom ($1.6M), Slovakia ($1.18M), and Latvia ($1.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
Germany$18.4M (498%)
Denmark$3.43M (592%)
United Kingdom$225k (1.24k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Sweden WERE (2022 - 2023):
Finland-$24.3M (-52.8%)
Czechia-$411k (-66.3%)
France-$330k (-62.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Semi-Finished Iron were:
Russia $6.75B
Oman $3.27B
Brazil $3.13B
In 2023, Sweden's main importing competitors in Semi-Finished Iron were:
Turkey $3.36B
United States $2.81B
Indonesia $2.13B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.01M
TOP IMPORT POTENTIALGermany+ $861k

Semi-Finished Iron’s highest export potential is France. With an export gap of $1.01M.   Semi-Finished Iron’s highest import potential is Germany with an import gap of $861k.

See methodology.

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