Iron Pipe Fittings in Sweden | The Observatory of Economic Complexity

About

Exports In 2022, Sweden exported $214M in Iron Pipe Fittings, making it the 22nd largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 161st most exported product in Sweden. The main destination of Iron Pipe Fittings exports from Sweden are: Norway ($33.7M), Denmark ($25.5M), Finland ($18.3M), United States ($17.9M), and Germany ($11.9M).

The fastest growing export markets for Iron Pipe Fittings of Sweden between 2021 and 2022 were United States ($3.58M), Finland ($2.47M), and Netherlands ($1.53M).

Imports In 2022, Sweden imported $261M in Iron Pipe Fittings, becoming the 31st largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 147th most imported product in Sweden. Sweden imports Iron Pipe Fittings primarily from: Germany ($50.8M), Italy ($34.4M), Denmark ($23.4M), Poland ($20.6M), and China ($18.4M).

The fastest growing import markets in Iron Pipe Fittings for Sweden between 2021 and 2022 were Germany ($5.16M), Belgium ($4.08M), and China ($3.28M).

COMPANIES In 2023, leading companies such as MAHLE BEHR AMERICA INC. (32) were at the forefront of shipping Iron Pipe Fittings from Sweden to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Sweden's Iron Pipe Fittings exports accounted up to SEK218M and imports accounted up to SEK205M, resulting in a positive trade balance of SEK13.7M. Between January 2023 and January 2024 the exports of Sweden's Iron Pipe Fittings have increased by SEK8.96M (4.28%) from SEK209M to SEK218M, while imports decreased by SEK-44.1M (-17.7%) from SEK249M to SEK205M.

Destinations In January 2024, Iron Pipe Fittings were exported mostly to United Kingdom (SEK37.2M), Norway (SEK30.2M), Denmark (SEK18.8M), Finland (SEK17.1M), and United States (SEK16.1M), and were imported mostly from Germany (SEK35.1M), Belgium (SEK23.1M), Italy (SEK21.5M), Czechia (SEK19.5M), and Denmark (SEK17.7M).

Growth In January 2024, the increase in Iron Pipe Fittings's year-by-year exports was explained primarily by an increase in exports to Norway (SEK8.57M or 32.9%), United States (SEK5.85M or 45.4%), and Finland (SEK5.82M or 41.1%). In January 2024, the decrease in Iron Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from China (SEK-4.05M or -25.9%), Israel (SEK-2.6M or -84.3%), and South Korea (SEK-1.16M or -70.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK8.96M(4.28%)

IMPORT GROWTH (January 2023 - January 2024)SEK-44.1M(-17.7%)

MAIN EXPORTER (January 2024)undefined218M

MAIN DESTINATION (January 2024)United KingdomSEK37.2M

This section shows Iron Pipe Fittings'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 Pipe Fittings over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$214M

IMPORTS (2022)$261M

NET TRADE (2022)-$46.9M

In 2022, Sweden exported $214M in Iron Pipe Fittings. The main destinations of Sweden exports on Iron Pipe Fittings were Norway ($33.7M), Denmark ($25.5M), Finland ($18.3M), United States ($17.9M), and Germany ($11.9M).

In 2022, Sweden imported $261M in Iron Pipe Fittings, mainly from Germany ($50.8M), Italy ($34.4M), Denmark ($23.4M), Poland ($20.6M), and China ($18.4M).

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