Canada / Sweden

Overview In December 2024, Canada exported C$103M and imported C$268M from Sweden, resulting in a negative trade balance of C$166M. Between December 2023 and December 2024 the exports of Canada have decreased by C$-10.4M (-9.16%) from C$113M to C$103M, while imports decreased by C$-69.2M (-20.5%) from C$338M to C$268M.

Trade In December 2024, the top exports of Canada to Sweden were Raw Nickel (C$7.96M), Video Displays (C$1.82M), Integrated Circuits (C$1.46M), Raw Plastic Sheeting (C$1.09M), and Cars (C$875k). In December 2024 the top imports of Canada from Sweden were Raw Copper (C$105M), Packaged Medicaments (C$37.8M), Cars (C$18.2M), Silver (C$17.9M), and Other Electrical Machinery (C$9.19M).

Origins In December 2024 the exports of Canada were mainly from Quebec (C$82.6M), Ontario (C$10.3M), Newfoundland Labrador (C$4.97M), British Columbia (C$1.86M), and Nova Scotia (C$1.16M), while imports destinations were mainly Ontario (C$147M), Quebec (C$63.7M), Nova Scotia (C$21.9M), British Columbia (C$15.3M), and Alberta (C$7.7M).

Growth In December 2024, the decrease in Canada's year-by-year exports to Sweden was explained primarily by an decrease in product exports in Raw Nickel (C$-6.15M or -43.6%), Integrated Circuits (C$-4.07M or -73.6%), and Electrical Control Boards (C$-417k or -93.3%). In December 2024, the decrease in Canada's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Packaged Medicaments (C$-62M or -62.1%), Reaction and Catalytic Products (C$-13.8M or -97.7%), and Electrical Transformers (C$-4.51M or -85.2%).