Flag China / Sweden Flag

2019
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Exports
: $8.4B, Rnk 45 / 209

2019
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Top Product
: $315M, Passenger and Cargo Ships

2019
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Exports
: $7.79B, Rnk 8 / 217

2019
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Top Product
: $1.78B, Packaged Medicaments

2019
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Economic Complexity (ECI)
: ECI 1.06, Rnk 29 / 157

2019
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Economic Complexity (ECI)
: ECI 1.69, Rnk 8 / 157

2019
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GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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 GDP
: $531B, CURRENT US$
Rnk 24 / 187

2009-2019
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GDP GROWTH
: 21.6%, CURRENT US$
Rnk 147 / 187

2019
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GDP PC 
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
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GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

2019
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GDP PC 
: $51,615, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP PC GROWTH
: 9.94%, CURRENT US$
Rnk 141 / 187

China-Sweden: In 2019, China exported $8.4B to Sweden. The main products that China exported to Sweden are Passenger and Cargo Ships ($315M), Light Fixtures ($302M), and Broadcasting Equipment ($291M). During the last 24 years the exports of China to Sweden have increased at an annualized rate of 13.2%, from $428M in 1995 to $8.4B in 2019.

In 2019, China did not exported services to Sweden.

Sweden-China: In 2019, Sweden exported $7.79B to China . The main products that Sweden exported to China were Packaged Medicaments ($1.78B), Cars ($854M), and Vehicle Parts ($218M). During the last 24 years the exports of Sweden to China have increased at an annualized rate of 7.97%, from $1.24B in 1995 to $7.79B in 2019.

In 2017, Sweden exported services to China worth $1.8B, with Other business services ($768M), Royalties and license fees ($426M), and Transportation ($330M) being the largest in terms of value.

Comparison: In 2019,  China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.69), and 32 in total exports ($158B).

Bilateral Trade by Products

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Depth
Value

In 2019, China exported $8.4B to Sweden. The main products exported from China to Sweden were Passenger and Cargo Ships ($315M), Light Fixtures ($302M), and Broadcasting Equipment ($291M). During the last 24 years the exports of China to Sweden have increased at an annualized rate of 13.2%, from $428M in 1995 to $8.4B in 2019.

In 2019, Sweden exported $7.79B to China. The main products exported from Sweden to China were Packaged Medicaments ($1.78B), Cars ($854M), and Vehicle Parts ($218M). During the last 24 years the exports of Sweden to China have increased at an annualized rate of 7.97%, from $1.24B in 1995 to $7.79B in 2019.

Market Competitiveness

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Measure

China
Top Destination
: United States, $429B

Sweden
Top Destination
: Germany, $16.4B

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 ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Sweden than China were Norway ($14.8B), Finland ($10B), and Denmark ($11.1B).

Comparative Advantage China - Sweden

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Depth

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

During 2019, China had a large net trade with Sweden in the exports of Machines ($2.9B), Textiles ($1.15B), and Miscellaneous ($1.13B).

During 2019, Sweden had a large net trade with China in the exports of Chemical Products ($2.04B), Machines ($1.93B), and Transportation ($1.44B).

Tariff Section

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This section shows import tariffs for products traded between China and Sweden (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Sweden were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2017, the products from Sweden that paid the highest import tariffs to enter China were Sugar beet (178%) and Whey (173%).

Explore Tariff Data

*The tariffs present between China and Sweden are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2017, Sweden exported services to China worth $1.8B, with Other business services ($768M), Royalties and license fees ($426M), and Transportation ($330M) 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 red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Sweden. Similarly, the more red a dot/product is, the more Sweden has comparative advantage over China.