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Pricing

2022
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Exports $3.76BRnk 17 / 218
2022
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Top Product $359MCars
2022
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Exports $4.03BRnk 13 / 217
2022
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Top Product $593MNon-fillet Fresh Fish
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Spain-Sweden In 2022, Spain exported $3.76B to Sweden. The main products that Spain exported to Sweden are Cars ($359M), Motor vehicles; parts and accessories (8701 to 8705) ($141M), and Delivery Trucks ($123M). During the last 27 years the exports of Spain to Sweden have increased at an annualized rate of 5.59%, from $865M in 1995 to $3.76B in 2022.

In 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) being the largest in terms of value.

Sweden-Spain In 2022, Sweden exported $4.03B to Spain. The main products that Sweden exported to Spain were Non-fillet Fresh Fish ($593M), Packaged Medicaments ($232M), and Cars ($230M). During the last 27 years the exports of Sweden to Spain have increased at an annualized rate of 3.37%, from $1.65B in 1995 to $4.03B in 2022.

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €281M and imported €326M from Sweden, resulting in a negative trade balance of €44.9M. Between January 2023 and January 2024 the exports of Spain have increased by €19.9M (7.63%) from €261M to €281M, while imports decreased by €-37.5M (-10.3%) from €363M to €326M.

Trade In January 2024, the top exports of Spain to Sweden were Cars (€25.5M), Motor vehicles; parts and accessories (8701... (€14.2M), Delivery Trucks (€12.3M), Citrus (€11.5M), and Large Flat-Rolled Stainless Steel (€9.67M). In January 2024 the top imports of Spain from Sweden were Cars (€51.6M), Packaged Medicaments (€49.1M), Delivery Trucks (€25.1M), Non-fillet Fresh Fish (€22.1M), and Sulfate Chemical Woodpulp (€18.8M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€52.5M), Valencia (€25M), Madrid (€24.8M), Álava (€18.2M), and Huelva (€17.4M), while imports destinations were mainly Madrid (€130M), Barcelona (€53.1M), Guipúzcoa (€25.3M), Zaragoza (€22.2M), and Valencia (€10.9M).

Growth In January 2024, the increase in Spain's year-by-year exports to Sweden was explained primarily by an increase in product exports in Cars (€15.7M or 161%), Rubber Tires (€5.07M or 1.71k%), and Delivery Trucks (€4.74M or 62.3%). In January 2024, the decrease in Spain's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Telephones (€-4.9M or -84.8%), Sawn Wood (€-2.11M or -53.6%), and Hot-Rolled Iron (€-1.81M or -36%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€19.9M(7.63%)
IMPORT GROWTH (January 2023 - January 2024)€-37.5M(-10.3%)
MAIN EXPORTER (January 2024)Barcelona€52.5M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Sweden and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.76B to Sweden. The main products exported from Spain to Sweden were Cars ($359M), Motor vehicles; parts and accessories (8701 to 8705) ($141M), and Delivery Trucks ($123M). During the last 27 years the exports of Spain to Sweden have increased at an annualized rate of 5.59%, from $865M in 1995 to $3.76B in 2022.

In 2022, Sweden exported $4.03B to Spain. The main products exported from Sweden to Spain were Non-fillet Fresh Fish ($593M), Packaged Medicaments ($232M), and Cars ($230M). During the last 27 years the exports of Sweden to Spain have increased at an annualized rate of 3.37%, from $1.65B in 1995 to $4.03B in 2022.

Exports from Spain (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Spain than Sweden were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Sweden than Spain were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

Difference in imports from Sweden (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Sweden

Flow
Scale

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

During 2022, Spain had a large net trade with Sweden in the exports of Machines ($800M), Transportation ($773M), and Metals ($411M).

During 2022, Sweden had a large net trade with Spain in the exports of Animal Products ($757M), Machines ($617M), and Paper Goods ($547M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) being the largest in terms of value.

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Sweden (Flag) (2009)

Services Exports from Sweden (Flag) to Spain (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 Spain has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Spain.

Product Space of Spain (Flag) and Sweden (Flag) (2022)

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