2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 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

Australia-Sweden Trade: In 2022, Australia exported $287M to Sweden. The main products that Australia exported to Sweden were Coal Briquettes ($412M), Precious Metal Ore ($61M), and Raw Nickel ($41.6M). Over the past 5 years the exports of Australia to Sweden have increased at an annualized rate of 12.8%, from $157M in 2017 to $287M in 2022.

In 2009, Australia exported services to Sweden worth $191M, with Travel ($140M), Other business services ($29.3M), and Transportation ($14.3M) being the largest in terms of value.

Sweden-Australia Trade: In 2022, Sweden exported $1.81B to Australia. The main products that Sweden exported to Australia were Motor vehicles; parts and accessories (8701 to 8705) ($99.6M), Packaged Medicaments ($95.4M), and Excavation Machinery ($86.1M). Over the past 5 years the exports of Sweden to Australia have increased at an annualized rate of 9.08%,  from $1.17B in 2017 to $1.81B in 2022.

In 2020, Sweden exported services to Australia worth $574M, with Computer and information services ($276M), Other business services ($120M), and Transportation ($77.8M) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $287M to Sweden. The main products exported from Australia to Sweden were Coal Briquettes ($412M), Precious Metal Ore ($61M), and Raw Nickel ($41.6M). During the last 5 years the exports of Australia to Sweden have increased at an annualized rate of 12.8%, from $157M in 2017 to $287M in 2022.

In 2017, Sweden exported $1.81B to Australia. The main products exported from Sweden to Australia were Motor vehicles; parts and accessories (8701 to 8705) ($99.6M), Packaged Medicaments ($95.4M), and Excavation Machinery ($86.1M). During the last 22 years the exports of Sweden to Australia have increased at an annualized rate of 9.08%, from $1.17B in 1995 to $1.81B in 2017.

Exports from Australia (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Sweden (Flag)

Australia Exports

Sweden Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Australia than Sweden included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Difference in imports from Sweden (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Sweden

Flow
Scale

This chart compares trade between Australia and Sweden by product, considering products traded by both, Australia and Sweden.

During 2022, Australia had a large net trade with Sweden in the exports of Mineral Products ($527M), Metals ($51.1M), and Machines ($28.7M).

During 2017, Sweden had a large net trade with Australia in the exports of Machines ($706M), Transportation ($379M), and Chemical Products ($200M).

Service Trade

Bilateral Service Trade

In 2009, Australia exported services to Sweden worth $191M, with Travel ($140M), Other business services ($29.3M), and Transportation ($14.3M) being the largest in terms of value.

In 2020, Sweden exported services to Australia worth $574M, with Computer and information services ($276M), Other business services ($120M), and Transportation ($77.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to Sweden (Flag) (2009)

Services Exports from Sweden (Flag) to Australia (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Australia (Flag) and Sweden (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with