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Where does Sweden get its steel? Import sources 2024

In 2024, Sweden imported $3.6 billion of steel (2.8 million tonnes), 1% of the world total. Its main sources were Germany (20%), Finland (17%) and the Netherlands (11%). Sweden was the world’s 28th-largest importer of steel.

Summary

Value
$3.6billion
Tonnes
2.8million tonnes
Share of world total
1%
World rank
28th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Germany727Tonnes: 585,998USD per tonne: $1,24120%Sea
Finland618Tonnes: 473,305USD per tonne: $1,30517%Sea
Netherlands re-exports400Tonnes: 370,204USD per tonne: $1,08111%Sea
United Kingdom304Tonnes: 136,814USD per tonne: $2,2218.4%Sea
Italy211Tonnes: 109,912USD per tonne: $1,9195.8%Sea
Belgium re-exports162Tonnes: 143,027USD per tonne: $1,1364.5%Sea
France130Tonnes: 64,190USD per tonne: $2,0233.6%Sea
Spain129Tonnes: 85,761USD per tonne: $1,5083.6%Sea
Austria125Tonnes: 85,351USD per tonne: $1,4643.4%Sea
Denmark114Tonnes: 76,645USD per tonne: $1,4843.1%Sea
Norway109Tonnes: 146,818USD per tonne: $7443%Sea
Czechia76Tonnes: 48,195USD per tonne: $1,5762.1%Sea
Luxembourg64.6Tonnes: 59,083USD per tonne: $1,0941.8%Sea
South Korea60.4Tonnes: 68,224USD per tonne: $8851.7%Sea
Poland56Tonnes: 46,001USD per tonne: $1,2171.5%Sea
United States44.9Tonnes: 33,881USD per tonne: $1,3261.2%Sea
Taiwan38.9Tonnes: 37,986USD per tonne: $1,0181.1%Sea
Portugal38.8Tonnes: 60,014USD per tonne: $6461.1%Sea
Lithuania34.2Tonnes: 62,978USD per tonne: $5420.94%Sea
Slovakia31.9Tonnes: 26,989USD per tonne: $1,1830.88%Sea

Trend

Who it buys from

Germany has been its main source since 2022

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

  • Germany 0.73
  • Finland 0.62
  • Netherlands 0.4
  • United Kingdom 0.3
  • Italy 0.21

Source: CEPII BACI

Show the numbers
Partner19952024
Germany0.430.73
Finland0.250.62
Netherlands0.10.4
United Kingdom0.650.3
Italy0.090.21

Sources and methodology

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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