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2022
Flag → Flag
Exports $13.6BRnk 45 / 211
2022
Flag → Flag
Top Product $500MBroadcasting Equipment
2022
Flag → Flag
Exports $7.48BRnk 10 / 217
2022
Flag → Flag
Top Product $944MCars
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

China-Sweden Trade: In 2022, China exported $13.6B to Sweden. The main products that China exported to Sweden were Broadcasting Equipment ($500M), Light Fixtures ($388M), and Computers ($349M). Over the past 5 years the exports of China to Sweden have increased at an annualized rate of 10.6%, from $8.2B in 2017 to $13.6B in 2022.

In 2022, China did not export any services to Sweden.

Sweden-China Trade: In 2022, Sweden exported $7.48B to China. The main products that Sweden exported to China were Cars ($944M), Packaged Medicaments ($661M), and Vaccines, blood, antisera, toxins and cultures ($484M). Over the past 5 years the exports of Sweden to China have increased at an annualized rate of 1.31%,  from $7B in 2017 to $7.48B in 2022.

In 2020, Sweden exported services to China worth $1.75B, with Other business services ($758M), Royalties and license fees ($564M), and Computer and information services ($233M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Latest Trends

October, 2024

About

Overview In October 2024, China exported $777M and imported $660M from Sweden, resulting in a positive trade balance of $117M. Between October 2023 and October 2024 the exports of China have increased by $31.8M (4.26%) from $746M to $777M, while imports decreased by $-37.2M (-5.34%) from $698M to $660M.

Trade In October 2024, the top exports of China to Sweden were Other Inorganic Acids Salts ($62.9M), Telephones ($31.3M), Electrical Transformers ($28.1M), Semiconductor Devices ($22.9M), and Other Electrical Machinery ($22.6M). In October 2024 the top imports of China from Sweden were Packaged Medicaments ($118M), Kaolin Coated Paper ($29.6M), Cars ($24.9M), Iron Ore ($23.1M), and Sulfate Chemical Woodpulp ($23.1M).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($183M), Zhejiang Province ($163M), Jiangsu Province ($149M), Shandong Province ($68.4M), and Shanghai Province ($47.5M), while imports destinations were mainly Shanghai Province ($176M), Beijing ($132M), Jiangsu Province ($115M), Guangdong Province ($61M), and Shandong Province ($32.9M).

Growth In October 2024, the increase in China's year-by-year exports to Sweden was explained primarily by an increase in product exports in Other Inorganic Acids Salts ($62.9M or 207k%), Semiconductor Devices ($21.3M or 1.38k%), and Other Electrical Machinery ($11.8M or 109%). In October 2024, the decrease in China's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Cars ($-107M or -81.2%), Electrical Insulators ($-12M or -94.6%), and Motor vehicles; parts and accessories (8701... ($-9.53M or -49%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$31.8M(4.26%)
IMPORT GROWTH (October 2023 - October 2024)$-37.2M(-5.34%)
MAIN EXPORTER (October 2024)Guangdong Province$183M

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

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

For full datasets download visit Bulk Download page.

Explore Sweden and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $13.6B to Sweden. The main products exported from China to Sweden were Broadcasting Equipment ($500M), Light Fixtures ($388M), and Computers ($349M). During the last 5 years the exports of China to Sweden have increased at an annualized rate of 10.6%, from $8.2B in 2017 to $13.6B in 2022.

In 2017, Sweden exported $7.48B to China. The main products exported from Sweden to China were Cars ($944M), Packaged Medicaments ($661M), and Vaccines, blood, antisera, toxins and cultures ($484M). During the last 5 years the exports of Sweden to China have increased at an annualized rate of 1.31%, from $7B in 2022 to $7.48B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from China than Sweden included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Sweden than China included Norway ($18.7B), Finland ($13.4B), and Denmark ($14.6B).

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

Comparative Advantage China - Sweden

Flow
Scale

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

During 2022, China had a large net trade with Sweden in the exports of Machines ($5.79B), Textiles ($1.67B), and Miscellaneous ($1.62B).

During 2017, Sweden had a large net trade with China in the exports of Machines ($1.86B), Chemical Products ($1.46B), and Transportation ($1.22B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Sweden+$567MTelephones
Top Product Potential Sweden China+$487MCars

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 China worth $1.75B, with Other business services ($758M), Royalties and license fees ($564M), and Computer and information services ($233M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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