Iron Reductions in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $5.06M in Iron Reductions, making it the 30th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 758th most exported product in Sweden. The main destination of Iron Reductions exports from Sweden are: United States ($2.11M), Denmark ($1.66M), Netherlands ($412k), Norway ($349k), and France ($156k).

The fastest growing export markets for Iron Reductions of Sweden between 2021 and 2022 were Denmark ($1.6M), Netherlands ($411k), and Norway ($68.2k).

Imports In 2022, Sweden imported $2.64M in Iron Reductions, becoming the 44th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 971st most imported product in Sweden. Sweden imports Iron Reductions primarily from: United States ($2.21M), Denmark ($273k), Netherlands ($40.6k), Lithuania ($34.7k), and Austria ($31.3k).

The fastest growing import markets in Iron Reductions for Sweden between 2021 and 2022 were Netherlands ($40.6k), Austria ($31.3k), and Germany ($8.54k).

Latest Trends

January 2024

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Overview In January 2024 Sweden's Iron Reductions exports accounted up to SEK2.06M and imports accounted up to SEK2.7M, resulting in a negative trade balance of SEK638k. Between January 2023 and January 2024 the exports of Sweden's Iron Reductions have decreased by SEK-700k (-25.4%) from SEK2.76M to SEK2.06M, while imports increased by SEK2.7M (135k%) from SEK2k to SEK2.7M.

Destinations In January 2024, Iron Reductions were exported mostly to United States (SEK2.06M), and were imported mostly from Austria (SEK2.42M) and South Africa (SEK279k).

Growth In January 2024, the decrease in Iron Reductions's year-by-year exports was explained primarily by a decrease in exports to . In January 2024, the increase in Iron Reductions's year-by-year imports was explained primarily by an increase in imports from Germany (SEK1k or 100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)SEK-700k(-25.4%)

IMPORT GROWTH (November 2022 - January 2024)SEK2.7M(135k%)

MAIN EXPORTER (January 2024)undefined2.06M

MAIN DESTINATION (January 2024)United StatesSEK2.06M

This section shows Iron Reductions'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 Reductions over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.06M

IMPORTS (2022)$2.64M

NET TRADE (2022)$2.42M

In 2022, Sweden exported $5.06M in Iron Reductions. The main destinations of Sweden exports on Iron Reductions were United States ($2.11M), Denmark ($1.66M), Netherlands ($412k), Norway ($349k), and France ($156k).

In 2022, Sweden imported $2.64M in Iron Reductions, mainly from United States ($2.21M), Denmark ($273k), Netherlands ($40.6k), Lithuania ($34.7k), and Austria ($31.3k).

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