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2023
Flag → Flag
Exports $930MRnk 53 / 221
2023
Flag → Flag
Top Product $345MCopper Ore
2023
Flag → Flag
Exports $2.15BRnk 18 / 216
2023
Flag → Flag
Top Product $433MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Brazil-Sweden Trade: In 2023, Brazil exported $930M to Sweden. The main products that Brazil exported to Sweden were Copper Ore ($345M), Coffee ($152M), and Engine Parts ($75.2M). Over the past 5 years the exports of Brazil to Sweden have increased at an annualized rate of 8.18%, from $628M in 2018 to $930M in 2023.

In 2023, Brazil did not export any services to Sweden.

Sweden-Brazil Trade: In 2023, Sweden exported $2.15B to Brazil. The main products that Sweden exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($433M), Planes, Helicopters, and/or Spacecraft ($165M), and Packaged Medicaments ($130M). Over the past 5 years the exports of Sweden to Brazil have increased at an annualized rate of 9.27%,  from $1.38B in 2018 to $2.15B in 2023.

In 2020, Sweden exported services to Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $106M and imported $213M from Sweden, resulting in a negative trade balance of $107M. Between December 2023 and December 2024 the exports of Brazil have increased by $4.54M (4.47%) from $101M to $106M, while imports increased by $13.5M (6.75%) from $200M to $213M.

Trade In December 2024, the top exports of Brazil to Sweden were Copper Ore ($19.9M), Coffee ($14.7M), Engine Parts ($3.86M), Transmissions ($1.5M), and Plywood ($1.25M). In December 2024 the top imports of Brazil from Sweden were Packaged Medicaments ($43.2M), Motor vehicles; parts and accessories (8701... ($43M), Cars ($9.8M), Engine Parts ($8.23M), and Thermostats ($4.69M).

Origins In December 2024 the exports of Brazil were mainly from Pará ($71.2M), São Paulo ($17.6M), Minas Gerais ($12.5M), Santa Catarina ($1.95M), and Paraná ($1.43M), while imports destinations were mainly Rio de Janeiro ($99.6M), São Paulo ($63.2M), Paraná ($19.3M), Santa Catarina ($13.2M), and Espírito Santo ($5.24M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Sweden was explained primarily by an increase in product exports in Coffee ($1.44M or 10.9%), Engine Parts ($1.11M or 40.2%), and Transmissions ($948k or 171%). In December 2024, the increase in Brazil's year-by-year imports  from Sweden was explained primarily by an increase in product imports  in Packaged Medicaments ($34.6M or 402%), Motor vehicles; parts and accessories (8701... ($16.7M or 63.6%), and Cars ($6.78M or 225%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$4.54M(4.47%)
IMPORT GROWTH (December 2023 - December 2024)$13.5M(6.75%)
MAIN EXPORTER (December 2024)Pará$71.2M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Sweden and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sweden and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $930M to Sweden. The main products exported from Brazil to Sweden were Copper Ore ($345M), Coffee ($152M), and Engine Parts ($75.2M). During the last 5 years the exports of Brazil to Sweden have increased at an annualized rate of 8.18%, from $628M in 2018 to $930M in 2023.

In 2018, Sweden exported $2.15B to Brazil. The main products exported from Sweden to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($433M), Planes, Helicopters, and/or Spacecraft ($165M), and Packaged Medicaments ($130M). During the last 5 years the exports of Sweden to Brazil have increased at an annualized rate of 9.27%, from $1.38B in 2023 to $2.15B in 2018.

Exports from Brazil (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Brazil than Sweden included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Sweden than Brazil included Denmark ($14.4B), Germany ($18.4B), and Norway ($10.9B).

Difference in imports from Sweden (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Sweden

Flow
Scale

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

During 2023, Brazil had a large net trade with Sweden in the exports of Mineral Products ($378M), Vegetable Products ($153M), and Machines ($145M).

During 2018, Sweden had a large net trade with Brazil in the exports of Transportation ($765M), Machines ($638M), and Metals ($240M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Sweden+$89.4MCrude Petroleum
Top Product Potential Sweden Brazil+$57.9MRefined Petroleum

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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Bilateral Service Trade

In 2020, Sweden exported services to Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Sweden (Flag) (2023)

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