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2022
Exports $150MWorld Rnk 11 / 91
Flag Rnk 207 / 1212
2022
Destination $40.9M China
2021 - 2022
FASTEST GROWING MARKET $40.9MChina
2022
PRODUCT COMPLEXITY IN Steel Ingots0.23Rnk 480 / 1025
2022
Imports $120MWorld Rnk 9 / 163
Flag Rnk 284 / 1213
2022
Origin $6.13M France
2021 - 2022
FASTEST GROWING ORIGIN $6.13MAustria
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $150M in Steel Ingots, making it the 11th largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 207th most exported product in Sweden. The main destination of Steel Ingots exports from Sweden are: China ($89.7M), Netherlands ($14.8M), France ($14.5M), Finland ($9.95M), and Romania ($6.12M).

The fastest growing export markets for Steel Ingots of Sweden between 2021 and 2022 were China ($40.9M), Finland ($9.94M), and Romania ($5.32M).

Imports In 2022, Sweden imported $120M in Steel Ingots, becoming the 9th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 284th most imported product in Sweden. Sweden imports Steel Ingots primarily from: France ($77.9M), Austria ($26M), Germany ($4.81M), Turkey ($3.86M), and Finland ($2.99M).

The fastest growing import markets in Steel Ingots for Sweden between 2021 and 2022 were Austria ($6.13M), Bulgaria ($589k), and United States ($118k).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Steel Ingots exports accounted up to SEK69.6M and imports accounted up to SEK65.1M, resulting in a positive trade balance of SEK4.48M. Between May 2023 and May 2024 the exports of Sweden's   Steel Ingots have increased by SEK6.02M (9.47%) from SEK63.6M to SEK69.6M, while imports decreased by SEK-32.7M (-33.4%) from SEK97.8M to SEK65.1M.

Destinations In May 2024, Steel Ingots were exported mostly to Netherlands (SEK38.1M), France (SEK12M), Romania (SEK10.5M), Japan (SEK3.66M), and Germany (SEK1.8M), and were imported mostly from France (SEK23M), Austria (SEK17.4M), Germany (SEK15.2M), Italy (SEK2.91M), and United States (SEK2.45M).

Growth In May 2024, the increase in Steel Ingots's year-by-year exports was explained primarily by an increase in exports to Romania (SEK8.9M or 265%), France (SEK3.94M or 22.1%), and United States (SEK1.12M or 5.89k%). In May 2024, the decrease in Steel Ingots's year-by-year imports was explained primarily by a decrease in imports from Austria (SEK-5.53M or -22.1%), Chinese Taipei (SEK-4.87M or -98.6%), and United States (SEK-301k or -91.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK6.02M(9.47%)
IMPORT GROWTH (May 2023 - May 2024)SEK-32.7M(-33.4%)
MAIN EXPORTER (May 2024)undefined69.6M
MAIN DESTINATION (May 2024)NetherlandsSEK38.1M

This section shows Steel Ingots'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 Steel Ingots over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$150M
IMPORTS (2022)$120M
NET TRADE (2022)$30.1M

In 2022, Sweden exported $150M in Steel Ingots. The main destinations of Sweden exports on Steel Ingots were China ($89.7M), Netherlands ($14.8M), France ($14.5M), Finland ($9.95M), and Romania ($6.12M).

In 2022, Sweden imported $120M in Steel Ingots, mainly from France ($77.9M), Austria ($26M), Germany ($4.81M), Turkey ($3.86M), and Finland ($2.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
China$40.9M (83.9%)
Finland$9.94M (449k%)
Romania$5.32M (660%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Sweden WERE (2021 - 2022):
France-$2.93M (-16.8%)
Hong Kong-$2.85M (-100%)
Latvia-$809k (-34.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Steel Ingots were:
Brazil $811M
Germany $381M
Italy $359M
In 2022, Sweden's main importing competitors in Steel Ingots were:
United States $1.68B
Germany $387M
Italy $358M

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Trade Value of Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.29M
TOP IMPORT POTENTIALItaly+ $1.38M

Steel Ingots’s highest export potential is Germany. With an export gap of $2.29M.   Steel Ingots’s highest import potential is Italy with an import gap of $1.38M.

See methodology.

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