Flag Germany / Sweden Flag

2019
Flag β†’ Flag  
Exports
: $27.2B, Rnk 15 / 223

2019
Flag β†’ Flag
Top Product
: $3.03B, Cars

2019
Flag β†’ Flag
Exports
: $16.4B, Rnk 1 / 217

2019
Flag β†’ Flag
Top Product
: $1.39B, Cars

2019
Flag
Economic Complexity (ECI)
: ECI 1.98, Rnk 4 / 157

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

2019
Flag  
GDP
: $3.86T, CURRENT US$
Rnk 4 / 187

2009-2019
Flag
GDP GROWTH
: 13.6%, CURRENT US$
Rnk 158 / 187

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

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

2019
Flag
GDP PC 
: $46,445, CURRENT US$
Rnk 18 / 187

2009-2019
Flag
GDP PC GROWTH
: 12%, CURRENT US$
Rnk 135 / 187

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

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

Germany-Sweden: In 2019, Germany exported $27.2B to Sweden. The main products that Germany exported to Sweden are Cars ($3.03B), Vehicle Parts ($1.47B), and Computers ($602M). During the last 24 years the exports of Germany to Sweden have increased at an annualized rate of 3.37%, from $12.3B in 1995 to $27.2B in 2019.

In 2016, Germany exported services to Sweden worth $4.48B, with Other business services ($1.31B), Transportation ($1.17B), and Travel ($716M) being the largest in terms of value.

Sweden-Germany: In 2019, Sweden exported $16.4B to Germany . The main products that Sweden exported to Germany were Cars ($1.39B), Kaolin Coated Paper ($636M), and Blood, antisera, vaccines, toxins and cultures ($616M). During the last 24 years the exports of Sweden to Germany have increased at an annualized rate of 2.14%, from $9.84B in 1995 to $16.4B in 2019.

In 2016, Sweden exported services to Germany worth $4.66B, with Other business services ($1.26B), Transportation ($915M), and Travel ($840M) being the largest in terms of value.

Comparison: In 2019,  Germany ranked 4 in the Economic Complexity Index (ECI 1.98), and 3 in total exports ($1.44T). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.69), and 32 in total exports ($158B).

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, Germany exported $27.2B to Sweden. The main products exported from Germany to Sweden were Cars ($3.03B), Vehicle Parts ($1.47B), and Computers ($602M). During the last 24 years the exports of Germany to Sweden have increased at an annualized rate of 3.37%, from $12.3B in 1995 to $27.2B in 2019.

In 2019, Sweden exported $16.4B to Germany. The main products exported from Sweden to Germany were Cars ($1.39B), Kaolin Coated Paper ($636M), and Blood, antisera, vaccines, toxins and cultures ($616M). During the last 24 years the exports of Sweden to Germany have increased at an annualized rate of 2.14%, from $9.84B in 1995 to $16.4B in 2019.

Market Competitiveness

#permalink to section
Measure

Germany
Top Destination
: United States, $131B

Sweden
Top Destination
: Germany, $16.4B

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

In 2019, countries that imported more from Germany than Sweden were United States ($131B), France ($115B), and China ($107B).

In 2019, countries that imported more from Sweden than Germany were Norway ($14.8B), Greenland ($114M), and Bahamas ($87.2M).

Comparative Advantage Germany - Sweden

#permalink to section
Depth

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

During 2019, Germany had a large net trade with Sweden in the exports of Machines ($8.62B), Transportation ($5.82B), and Chemical Products ($2.86B).

During 2019, Sweden had a large net trade with Germany in the exports of Machines ($3.06B), Metals ($2.56B), and Transportation ($2.3B).

Bilateral Service Trade

#permalink to section

In 2016, Germany exported services to Sweden worth $4.48B, with Other business services ($1.31B), Transportation ($1.17B), and Travel ($716M) being the largest in terms of value.

In 2016, Sweden exported services to Germany worth $4.66B, with Other business services ($1.26B), Transportation ($915M), and Travel ($840M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 Germany has comparative advantage over Sweden. Similarly, the more red a dot/product is, the more Sweden has comparative advantage over Germany.