2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Estonia-Sweden In 2022, Estonia exported $1.9B to Sweden. The main products that Estonia exported to Sweden are Broadcasting Equipment ($170M), Prefabricated Buildings ($147M), and Wood Carpentry ($84.9M). During the last 27 years the exports of Estonia to Sweden have increased at an annualized rate of 7.26%, from $286M in 1995 to $1.9B in 2022.

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) being the largest in terms of value.

Sweden-Estonia In 2022, Sweden exported $1.63B to Estonia. The main products that Sweden exported to Estonia were Cars ($401M), Refined Petroleum ($64.6M), and Delivery Trucks ($54.6M). During the last 27 years the exports of Sweden to Estonia have increased at an annualized rate of 7.32%, from $241M in 1995 to $1.63B in 2022.

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $1.9B to Sweden. The main products exported from Estonia to Sweden were Broadcasting Equipment ($170M), Prefabricated Buildings ($147M), and Wood Carpentry ($84.9M). During the last 27 years the exports of Estonia to Sweden have increased at an annualized rate of 7.26%, from $286M in 1995 to $1.9B in 2022.

In 2022, Sweden exported $1.63B to Estonia. The main products exported from Sweden to Estonia were Cars ($401M), Refined Petroleum ($64.6M), and Delivery Trucks ($54.6M). During the last 27 years the exports of Sweden to Estonia have increased at an annualized rate of 7.32%, from $241M in 1995 to $1.63B in 2022.

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

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

Latest Data

Trade between Estonia (Flag) and Sweden (Flag)

Estonia Exports

Sweden Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Estonia than Sweden were Latvia ($2.77B), Russia ($1.38B), and Belarus ($115M).

In 2021, countries that imported more from Sweden than Estonia were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Estonia - Sweden

Flow
Scale

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

During 2022, Estonia had a large net trade with Sweden in the exports of Machines ($520M), Wood Products ($343M), and Miscellaneous ($283M).

During 2022, Sweden had a large net trade with Estonia in the exports of Transportation ($523M), Machines ($303M), and Metals ($162M).

Service Trade

Bilateral Service Trade

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) being the largest in terms of value.

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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