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ExportsGermany-Sweden Trade: In 2023, Germany exported $29.6B to Sweden. The main products that Germany exported to Sweden were Cars ($3.73B), Motor vehicles; parts and accessories (8701 to 8705) ($1.63B), and Delivery Trucks ($786M). Over the past 5 years the exports of Germany to Sweden have increased at an annualized rate of 0.71%, from $28.6B in 2018 to $29.6B in 2023.
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 2023, Sweden exported $18.4B to Germany. The main products that Sweden exported to Germany were Cars ($1.32B), Packaged Medicaments ($1.07B), and Vaccines, blood, antisera, toxins and cultures ($955M). Over the past 5 years the exports of Sweden to Germany have increased at an annualized rate of 1.32%, from $17.2B in 2018 to $18.4B in 2023.
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 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).
