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Who buys Sweden’s steel? Export destinations 2024

In 2024, Sweden exported $6 billion of steel (3.2 million tonnes), 1.7% of the world total. Its main destinations were Germany (17%), the United States (8%) and Italy (8%). Sweden was the world’s 20th-largest exporter of steel.

Summary

Value
$6billion
Tonnes
3.2million tonnes
Share of world total
1.7%
World rank
20th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Germany1Tonnes: 598,348USD per tonne: $1,74917.4%Sea
United States0.48Tonnes: 232,267USD per tonne: $2,0527.9%Sea
Italy0.47Tonnes: 232,890USD per tonne: $2,0237.8%Sea
China0.46Tonnes: 151,809USD per tonne: $3,0557.7%Sea
Poland0.37Tonnes: 266,962USD per tonne: $1,3756.1%Sea
United Kingdom0.26Tonnes: 139,803USD per tonne: $1,8344.3%Sea
Denmark0.25Tonnes: 172,724USD per tonne: $1,4544.2%Sea
France0.24Tonnes: 127,672USD per tonne: $1,8834%Sea
Turkey0.22Tonnes: 99,702USD per tonne: $2,1763.6%Sea
Norway0.19Tonnes: 85,584USD per tonne: $2,1903.1%Land
Finland0.18Tonnes: 108,101USD per tonne: $1,6473%Land
Netherlands re-exports0.17Tonnes: 140,027USD per tonne: $1,1892.8%Sea
India0.14Tonnes: 38,081USD per tonne: $3,7152.4%Sea
Czechia0.13Tonnes: 67,235USD per tonne: $1,9842.2%Sea
Spain0.12Tonnes: 99,445USD per tonne: $1,2382.1%Sea
South Korea0.1Tonnes: 32,628USD per tonne: $3,2181.8%Sea
Mexico0.09Tonnes: 77,224USD per tonne: $1,2011.5%Sea
Brazil0.08Tonnes: 39,862USD per tonne: $2,0861.4%Sea
Belgium re-exports0.07Tonnes: 38,188USD per tonne: $1,8161.2%Sea
Canada0.07Tonnes: 78,407USD per tonne: $8471.1%Sea

Trend

Who it sells to

Germany was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • Germany 1
  • United States 0.48
  • Italy 0.47
  • China 0.46
  • Poland 0.37

Source: CEPII BACI

Show the numbers
Partner19952024
Germany0.741
United States0.320.48
Italy0.330.47
China0.020.46
Poland0.050.37

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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