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2022
Flag → Flag
Exports $57.4MRnk 122 / 219
2022
Flag → Flag
Top Product $11.4MRefined Petroleum
2022
Flag → Flag
Exports $821MRnk 32 / 217
2022
Flag → Flag
Top Product $201MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

United Arab Emirates-Sweden Trade: In 2022, United Arab Emirates exported $57.4M to Sweden. The main products that United Arab Emirates exported to Sweden were Refined Petroleum ($11.4M), Refrigerators ($8.77M), and Other Heating Machinery ($8.17M). Over the past 5 years the exports of United Arab Emirates to Sweden have increased at an annualized rate of 50.2%, from $7.5M in 2017 to $57.4M in 2022.

In 2022, United Arab Emirates did not export any services to Sweden.

Sweden-United Arab Emirates Trade: In 2022, Sweden exported $821M to United Arab Emirates. The main products that Sweden exported to United Arab Emirates were Iron Ore ($201M), Packaged Medicaments ($83.7M), and Delivery Trucks ($49.2M). Over the past 5 years the exports of Sweden to United Arab Emirates have increased at an annualized rate of 43.5%,  from $135M in 2017 to $821M in 2022.

In 2022, Sweden did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $57.4M to Sweden. The main products exported from United Arab Emirates to Sweden were Refined Petroleum ($11.4M), Refrigerators ($8.77M), and Other Heating Machinery ($8.17M). During the last 5 years the exports of United Arab Emirates to Sweden have increased at an annualized rate of 50.2%, from $7.5M in 2017 to $57.4M in 2022.

In 2017, Sweden exported $821M to United Arab Emirates. The main products exported from Sweden to United Arab Emirates were Iron Ore ($201M), Packaged Medicaments ($83.7M), and Delivery Trucks ($49.2M). During the last 22 years the exports of Sweden to United Arab Emirates have increased at an annualized rate of 43.5%, from $135M in 1995 to $821M in 2017.

Exports from United Arab Emirates (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Sweden (Flag)

United Arab Emirates Exports

Sweden Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Sweden
Top DestinationGermany$19.2B

This map shows whether countries import more from United Arab Emirates or Sweden. Each country is colored based on the difference in imports they receive from United Arab Emirates and Sweden or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Sweden included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

In 2022, countries that imported more from Sweden than United Arab Emirates included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

Difference in imports from Sweden (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Sweden

Flow
Scale

This chart compares trade between United Arab Emirates and Sweden by product, considering products traded by both, United Arab Emirates and Sweden.

During 2022, United Arab Emirates had a large net trade with Sweden in the exports of Machines ($32.9M), Mineral Products ($11.4M), and Metals ($6.94M).

During 2017, Sweden had a large net trade with United Arab Emirates in the exports of Mineral Products ($201M), Machines ($181M), and Chemical Products ($159M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Sweden+$29.7MRefined Petroleum
Top Product Potential Sweden United Arab Emirates+$56.9MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Sweden. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Sweden. Similarly, a dot/product with the flag of Sweden indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Sweden (Flag) (2022)

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