Flag China / Sweden Flag

2020
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Exports
: $9.02B, Rnk 42 / 209

2020
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Top Product
: $339M, Broadcasting Equipment

2020
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Exports
: $8.53B, Rnk 6 / 216

2020
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Top Product
: $1.82B, Packaged Medicaments

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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Economic Complexity (ECI)
: ECI 1.59, Rnk 7 / 127

2020
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GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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 GDP
: $541B, CURRENT US$
Rnk 22 / 195

2010-2020
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GDP GROWTH
: 9.16%, CURRENT US$
Rnk 142 / 195

2020
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GDP PC 
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
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GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC
: $52,274, CURRENT US$
Rnk 13 / 195

2010-2020
Flag
GDP PC GROWTH
: -1.12%, CURRENT US$
Rnk 144 / 195

China-Sweden In 2020, China exported $9.02B to Sweden. The main products that China exported to Sweden are Broadcasting Equipment ($339M), Light Fixtures ($306M), and Computers ($249M). During the last 25 years the exports of China to Sweden have increased at an annualized rate of 12.8%, from $441M in 1995 to $9.02B in 2020.

In 2020, China did not export any services to Sweden.

Sweden-China In 2020, Sweden exported $8.53B to China. The main products that Sweden exported to China were Packaged Medicaments ($1.82B), Cars ($906M), and Iron Ore ($435M). During the last 25 years the exports of Sweden to China have increased at an annualized rate of 8.05%, from $1.23B in 1995 to $8.53B in 2020.

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 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.59), and 32 in total exports ($152B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, China exported $9.02B to Sweden. The main products exported from China to Sweden were Broadcasting Equipment ($339M), Light Fixtures ($306M), and Computers ($249M). During the last 25 years the exports of China to Sweden have increased at an annualized rate of 12.8%, from $441M in 1995 to $9.02B in 2020.

In 2020, Sweden exported $8.53B to China. The main products exported from Sweden to China were Packaged Medicaments ($1.82B), Cars ($906M), and Iron Ore ($435M). During the last 25 years the exports of Sweden to China have increased at an annualized rate of 8.05%, from $1.23B in 1995 to $8.53B in 2020.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

Sweden
Top Destination
: Germany, $15.9B

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 2019, countries that imported more from China than Sweden were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Sweden than China were Norway ($14.2B), Finland ($9.44B), and Denmark ($11.6B).

Comparative Advantage China - Sweden

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Flow

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

During 2020, China had a large net trade with Sweden in the exports of Machines ($3.5B), Textiles ($1.27B), and Miscellaneous ($1.24B).

During 2020, Sweden had a large net trade with China in the exports of Chemical Products ($2.17B), Machines ($2.04B), and Transportation ($1.48B).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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 China has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over China.