Austria (AUT) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Austria-Sweden In 2022, Austria exported $2.1B to Sweden. The main products that Austria exported to Sweden are Carbides ($96.6M), Flavored Water ($77M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). During the last 27 years the exports of Austria to Sweden have increased at an annualized rate of 3.61%, from $807M in 1995 to $2.1B in 2022.

In 2020, Austria exported services to Sweden worth $835M, with Transportation ($370M), Other business services ($203M), and Travel ($119M) being the largest in terms of value.

Sweden-Austria In 2022, Sweden exported $1.93B to Austria. The main products that Sweden exported to Austria were Vaccines, blood, antisera, toxins and cultures ($306M), Packaged Medicaments ($108M), and Cars ($84.5M). During the last 27 years the exports of Sweden to Austria have increased at an annualized rate of 2.44%, from $1.01B in 1995 to $1.93B in 2022.

In 2020, Sweden exported services to Austria worth $664M, with Travel ($170M), Royalties and license fees ($146M), and Transportation ($105M) being the largest in terms of value.

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $2.1B to Sweden. The main products exported from Austria to Sweden were Carbides ($96.6M), Flavored Water ($77M), and Vaccines, blood, antisera, toxins and cultures ($72.6M). During the last 27 years the exports of Austria to Sweden have increased at an annualized rate of 3.61%, from $807M in 1995 to $2.1B in 2022.

In 2022, Sweden exported $1.93B to Austria. The main products exported from Sweden to Austria were Vaccines, blood, antisera, toxins and cultures ($306M), Packaged Medicaments ($108M), and Cars ($84.5M). During the last 27 years the exports of Sweden to Austria have increased at an annualized rate of 2.44%, from $1.01B in 1995 to $1.93B in 2022.

Exports from Austria () to Sweden () (2022)

Exports from Sweden () to Austria () (2022)

Latest Data

Trade between Austria () and Sweden ()

Austria Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Austria than Sweden were Germany ($57.7B), Switzerland ($11.2B), and Hungary ($10.4B).

In 2021, countries that imported more from Sweden than Austria were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

Difference in imports from Sweden () and Austria () (2022)

Comparative Advantage Austria - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Sweden in the exports of Machines ($642M), Metals ($439M), and Chemical Products ($270M).

During 2022, Sweden had a large net trade with Austria in the exports of Chemical Products ($487M), Machines ($364M), and Paper Goods ($265M).

Service Trade

Bilateral Service Trade

Swe Year

Aut Year

In 2020, Austria exported services to Sweden worth $835M, with Transportation ($370M), Other business services ($203M), and Travel ($119M) being the largest in terms of value.

In 2020, Sweden exported services to Austria worth $664M, with Travel ($170M), Royalties and license fees ($146M), and Transportation ($105M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria () to Sweden () (2020)

Services Exports from Sweden () to Austria () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Austria has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Sweden () (2022)

Exports from Sweden () to Austria () (2022)

Latest Data

Trade between Austria () and Sweden ()

Austria Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Austria () (2022)

Comparative Advantage Austria - Sweden

Service Trade

Bilateral Service Trade

Services Exports from Austria () to Sweden () (2020)

Services Exports from Sweden () to Austria () (2020)

Economic Complexity

Competitive Landscape

Product Space of Austria () and Sweden () (2022)

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