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ExportsGermany-Sweden Trade: In 2022, Germany exported $29.1B to Sweden. The main products that Germany exported to Sweden were Cars ($3.24B), Motor vehicles; parts and accessories (8701 to 8705) ($1.38B), and Computers ($797M). Over the past 5 years the exports of Germany to Sweden have increased at an annualized rate of 18.8%, from $12.3B in 2017 to $29.1B in 2022.
In 2020, Germany exported services to Sweden worth $3.27B, with Other business services ($1.29B), Transportation ($850M), and Royalties and license fees ($487M) being the largest in terms of value.
Sweden-Germany Trade: In 2022, Sweden exported $16B to Germany. The main products that Sweden exported to Germany were Cars ($997M), Packaged Medicaments ($963M), and Vaccines, blood, antisera, toxins and cultures ($793M). Over the past 5 years the exports of Sweden to Germany have increased at an annualized rate of 10.1%, from $9.87B in 2017 to $16B in 2022.
In 2020, Sweden exported services to Germany worth $4.58B, with Other business services ($1.51B), Transportation ($795M), and Computer and information services ($727M) being the largest in terms of value.
Comparison: In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).
