Iron Powder in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $492M in Iron Powder, making it the 1st largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 80th most exported product in Sweden. The main destination of Iron Powder exports from Sweden are: China ($74.5M), Japan ($74.3M), Germany ($65.2M), South Korea ($59.5M), and United States ($38.6M).

The fastest growing export markets for Iron Powder of Sweden between 2021 and 2022 were India ($2.62M), Austria ($1.91M), and Malaysia ($975k).

Imports In 2022, Sweden imported $19.4M in Iron Powder, becoming the 30th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 669th most imported product in Sweden. Sweden imports Iron Powder primarily from: Germany ($5.1M), United States ($3.37M), United Kingdom ($2.65M), Spain ($2.15M), and Belgium ($1.41M).

The fastest growing import markets in Iron Powder for Sweden between 2021 and 2022 were Slovakia ($764k), United Kingdom ($763k), and Switzerland ($668k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Powder from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Iron Powder exports accounted up to SEK302M and imports accounted up to SEK13M, resulting in a positive trade balance of SEK289M. Between December 2022 and December 2023 the exports of Sweden's Iron Powder have decreased by SEK-29.3M (-8.83%) from SEK332M to SEK302M, while imports decreased by SEK-4.13M (-24.1%) from SEK17.1M to SEK13M.

Destinations In December 2023, Iron Powder were exported mostly to China (SEK59.3M), South Korea (SEK41.1M), Germany (SEK31.6M), Japan (SEK29.6M), and United States (SEK24.1M), and were imported mostly from Germany (SEK4.83M), United Kingdom (SEK2.22M), Spain (SEK2.1M), Belgium (SEK1.94M), and France (SEK627k).

Growth In December 2023, the decrease in Iron Powder's year-by-year exports was explained primarily by a decrease in exports to China (SEK-36.6M or -42.8%), Japan (SEK-12.9M or -23.6%), and South Korea (SEK-8.69M or -15.5%). In December 2023, the decrease in Iron Powder's year-by-year imports was explained primarily by a decrease in imports from United States (SEK-3.48M or -92%), United Kingdom (SEK-67k or -4.92%), and Belgium (SEK-9k or -0.68%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-29.3M(-8.83%)

IMPORT GROWTH (December 2022 - December 2023)SEK-4.13M(-24.1%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)ChinaSEK59.3M

This section shows Iron Powder'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 Powder over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$492M

IMPORTS (2022)$19.4M

NET TRADE (2022)$473M

In 2022, Sweden exported $492M in Iron Powder. The main destinations of Sweden exports on Iron Powder were China ($74.5M), Japan ($74.3M), Germany ($65.2M), South Korea ($59.5M), and United States ($38.6M).

In 2022, Sweden imported $19.4M in Iron Powder, mainly from Germany ($5.1M), United States ($3.37M), United Kingdom ($2.65M), Spain ($2.15M), and Belgium ($1.41M).

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