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Pricing

2018
Exports $33.3MWorld Rnk 19 / 126
Flag Rnk 437 / 1212
2018
Destination $3.58M Norway
2021 - 2022
FASTEST GROWING MARKET $3.58MDenmark
2022
PRODUCT COMPLEXITY IN Iron Railway Products0.37Rnk 418 / 1025
2018
Imports $102MWorld Rnk 10 / 203
Flag Rnk 321 / 1213
2018
Origin $32.3M Poland
2021 - 2022
FASTEST GROWING ORIGIN $32.3MPoland
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2018, Sweden exported $33.3M in Iron Railway Products, making it the 19th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 437th most exported product in Sweden. The main destination of Iron Railway Products exports from Sweden are: Norway ($15.7M), Denmark ($7.42M), Finland ($7.32M), Chinese Taipei ($1.14M), and Austria ($413k).

The fastest growing export markets for Iron Railway Products of Sweden between 2021 and 2022 were Denmark ($3.58M), Norway ($954k), and Finland ($392k).

Imports In 2022, Sweden imported $102M in Iron Railway Products, becoming the 10th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 321st most imported product in Sweden. Sweden imports Iron Railway Products primarily from: Poland ($38.3M), Austria ($25.8M), France ($9.67M), Luxembourg ($6.63M), and United Kingdom ($5.91M).

The fastest growing import markets in Iron Railway Products for Sweden between 2021 and 2022 were Poland ($32.3M), United Kingdom ($1.49M), and China ($1.19M).

COMPANIES In 2023, leading companies such as Ford Motor Company (1) were at the forefront of shipping Iron Railway Products from Sweden to the United States.

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Iron Railway Products exports accounted up to SEK48.4M and imports accounted up to SEK155M, resulting in a negative trade balance of SEK107M. Between May 2023 and May 2024 the exports of Sweden's   Iron Railway Products have increased by SEK3.05M (6.74%) from SEK45.3M to SEK48.4M, while imports increased by SEK33M (26.9%) from SEK122M to SEK155M.

Destinations In May 2024, Iron Railway Products were exported mostly to Norway (SEK33.9M), Turkey (SEK4.67M), Finland (SEK4.6M), Denmark (SEK3.48M), and Netherlands (SEK1.34M), and were imported mostly from Poland (SEK49.4M), Austria (SEK49.3M), France (SEK19.1M), Luxembourg (SEK16.9M), and United Kingdom (SEK9.49M).

Growth In May 2024, the increase in Iron Railway Products's year-by-year exports was explained primarily by an increase in exports to Norway (SEK14.9M or 817%), Denmark (SEK5.19M or 237%), and Poland (SEK390k or 1.08k%). In May 2024, the increase in Iron Railway Products's year-by-year imports was explained primarily by an increase in imports from Austria (SEK4.79M or 76.5%), Poland (SEK3.33M or 170%), and Luxembourg (SEK3.02M or 81%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK3.05M(6.74%)
IMPORT GROWTH (May 2023 - May 2024)SEK33M(26.9%)
MAIN EXPORTER (May 2024)undefined63.1M
MAIN DESTINATION (May 2024)NorwaySEK33.9M

This section shows Iron Railway Products'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 Iron Railway Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.3M
IMPORTS (2022)$102M
NET TRADE (2022)-$68.7M

In 2022, Sweden exported $33.3M in Iron Railway Products. The main destinations of Sweden exports on Iron Railway Products were Norway ($15.7M), Denmark ($7.42M), Finland ($7.32M), Chinese Taipei ($1.14M), and Austria ($413k).

In 2022, Sweden imported $102M in Iron Railway Products, mainly from Poland ($38.3M), Austria ($25.8M), France ($9.67M), Luxembourg ($6.63M), and United Kingdom ($5.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Railway Products EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$3.58M (93.4%)
Norway$954k (6.46%)
Finland$392k (5.66%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Sweden WERE (2021 - 2022):
Saudi Arabia-$10.3M (-100%)
Spain-$516k (-100%)
Austria-$258k (-38.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Iron Railway Products were:
Austria $627M
China $573M
United States $334M
In 2022, Sweden's main importing competitors in Iron Railway Products were:
Germany $452M
Canada $299M
United States $216M

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $446k
TOP IMPORT POTENTIALChina+ $2.11M

Iron Railway Products’s highest export potential is United States. With an export gap of $446k.   Iron Railway Products’s highest import potential is China with an import gap of $2.11M.

See methodology.

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