2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$637BCURRENT US$
Rnk 22 / 204
2011-2021
Flag
GDP GROWTH
10.9%CURRENT US$
Rnk 143 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$61,143CURRENT US$
Rnk 16 / 204
2011-2021
Flag
GDP PC GROWTH
0.64%CURRENT US$
Rnk 142 / 204

About

Germany-Sweden In 2021, Germany exported $30.6B to Sweden. The main products that Germany exported to Sweden are Cars ($3.33B), Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), and Computers ($900M). During the last 26 years the exports of Germany to Sweden have increased at an annualized rate of 3.56%, from $12.3B in 1995 to $30.6B in 2021.

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 In 2021, Sweden exported $19.1B to Germany. The main products that Sweden exported to Germany were Cars ($1.25B), Iron Ore ($814M), and Vaccines, blood, antisera, toxins and cultures ($749M). During the last 26 years the exports of Sweden to Germany have increased at an annualized rate of 2.56%, from $9.88B in 1995 to $19.1B in 2021.

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 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $30.6B to Sweden. The main products exported from Germany to Sweden were Cars ($3.33B), Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), and Computers ($900M). During the last 26 years the exports of Germany to Sweden have increased at an annualized rate of 3.56%, from $12.3B in 1995 to $30.6B in 2021.

In 2021, Sweden exported $19.1B to Germany. The main products exported from Sweden to Germany were Cars ($1.25B), Iron Ore ($814M), and Vaccines, blood, antisera, toxins and cultures ($749M). During the last 26 years the exports of Sweden to Germany have increased at an annualized rate of 2.56%, from $9.88B in 1995 to $19.1B in 2021.

Exports from Germany (Flag) to Sweden (Flag) (2021)

Exports from Sweden (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Sweden
Top Destination
Germany$19.1B

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 2021, countries that imported more from Germany than Sweden were United States ($135B), China ($121B), and France ($119B).

In 2021, countries that imported more from Sweden than Germany were Norway ($17.4B), Bahrain ($201M), and Gibraltar ($225M).

Difference in imports from Sweden (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Sweden

Flow
Scale

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

During 2021, Germany had a large net trade with Sweden in the exports of Machines ($9.74B), Transportation ($5.68B), and Chemical Products ($3.81B).

During 2021, Sweden had a large net trade with Germany in the exports of Machines ($3.47B), Metals ($3.29B), and Chemical Products ($2.75B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Sweden (Flag) (2020)

Services Exports from Sweden (Flag) to Germany (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Sweden (Flag) (2021)

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