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2022
Exports $67.2MWorld Rnk 26 / 196
Flag Rnk 318 / 1212
2022
Destination $6.84M Norway
2021 - 2022
FASTEST GROWING MARKET $6.84MFinland
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire0.15Rnk 505 / 1025
2022
Imports $35.3MWorld Rnk 51 / 222
Flag Rnk 544 / 1213
2022
Origin $1.29M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.29MFrance
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $67.2M in Stranded Iron Wire, making it the 26th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 318th most exported product in Sweden. The main destination of Stranded Iron Wire exports from Sweden are: Norway ($17.4M), Finland ($13.4M), United States ($11.3M), Denmark ($7.14M), and Poland ($2.58M).

The fastest growing export markets for Stranded Iron Wire of Sweden between 2021 and 2022 were Finland ($6.84M), United States ($6.47M), and Norway ($2.49M).

Imports In 2022, Sweden imported $35.3M in Stranded Iron Wire, becoming the 51st largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 544th most imported product in Sweden. Sweden imports Stranded Iron Wire primarily from: Germany ($7.62M), China ($3.16M), France ($2.81M), Denmark ($2.35M), and United Kingdom ($2.03M).

The fastest growing import markets in Stranded Iron Wire for Sweden between 2021 and 2022 were France ($1.29M), Netherlands ($989k), and Germany ($981k).

Latest Trends

June 2024

About

Overview In June 2024 Sweden's Stranded Iron Wire exports accounted up to SEK39.3M and imports accounted up to SEK32.5M, resulting in a positive trade balance of SEK6.79M. Between June 2023 and June 2024 the exports of Sweden's   Stranded Iron Wire have decreased by SEK-33.1M (-45.7%) from SEK72.4M to SEK39.3M, while imports increased by SEK5.03M (18.3%) from SEK27.5M to SEK32.5M.

Destinations In June 2024, Stranded Iron Wire were exported mostly to United States (SEK9.5M), Finland (SEK5.91M), Norway (SEK5.17M), Denmark (SEK3.35M), and Germany (SEK2.46M), and were imported mostly from China (SEK9.83M), Germany (SEK5.19M), Denmark (SEK2.03M), United States (SEK2.02M), and United Kingdom (SEK1.59M).

Growth In June 2024, the decrease in Stranded Iron Wire's year-by-year exports was explained primarily by a decrease in exports to Denmark (SEK-2.52M or -43.6%), Norway (SEK-1.88M or -13.8%), and Poland (SEK-1.38M or -78.3%). In June 2024, the increase in Stranded Iron Wire's year-by-year imports was explained primarily by an increase in imports from France (SEK4.44M or 706%), South Korea (SEK1.33M or 3.92k%), and Spain (SEK855k or 28.5k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)SEK-33.1M(-45.7%)
IMPORT GROWTH (June 2023 - June 2024)SEK5.03M(18.3%)
MAIN EXPORTER (June 2024)undefined47.2M
MAIN DESTINATION (June 2024)United StatesSEK9.5M

This section shows Stranded Iron Wire'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 Stranded Iron Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$67.2M
IMPORTS (2022)$35.3M
NET TRADE (2022)$31.9M

In 2022, Sweden exported $67.2M in Stranded Iron Wire. The main destinations of Sweden exports on Stranded Iron Wire were Norway ($17.4M), Finland ($13.4M), United States ($11.3M), Denmark ($7.14M), and Poland ($2.58M).

In 2022, Sweden imported $35.3M in Stranded Iron Wire, mainly from Germany ($7.62M), China ($3.16M), France ($2.81M), Denmark ($2.35M), and United Kingdom ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Finland$6.84M (104%)
United States$6.47M (135%)
Norway$2.49M (16.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Sweden WERE (2021 - 2022):
Russia-$2.67M (-65.8%)
Lithuania-$1.16M (-73.5%)
Poland-$957k (-27%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Stranded Iron Wire were:
China $2.93B
South Korea $565M
Vietnam $546M
In 2022, Sweden's main importing competitors in Stranded Iron Wire were:
United States $1.52B
Germany $434M
India $322M

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.18M
TOP IMPORT POTENTIALChina+ $2.57M

Stranded Iron Wire’s highest export potential is United States. With an export gap of $4.18M.   Stranded Iron Wire’s highest import potential is China with an import gap of $2.57M.

See methodology.

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