2022
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GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
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2022
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 GDP
$18TCURRENT US$
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2012-2022
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GDP GROWTH
111%CURRENT US$
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2022
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GDP PC 
$55,873CURRENT US$
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2012-2022
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GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC
$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Sweden-China In 2022, Sweden exported $7.48B to China. The main products that Sweden exported to China are Cars ($944M), Packaged Medicaments ($661M), and Vaccines, blood, antisera, toxins and cultures ($484M). During the last 27 years the exports of Sweden to China have increased at an annualized rate of 6.9%, from $1.23B in 1995 to $7.48B in 2022.

In 2020, Sweden exported services to China worth $1.75B, with Other business services ($758M), Royalties and license fees ($564M), and Computer and information services ($233M) being the largest in terms of value.

China-Sweden In 2022, China exported $13.6B to Sweden. The main products that China exported to Sweden were Broadcasting Equipment ($500M), Light Fixtures ($388M), and Computers ($349M). During the last 27 years the exports of China to Sweden have increased at an annualized rate of 13.5%, from $442M in 1995 to $13.6B in 2022.

In 2022, China did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $7.48B to China. The main products exported from Sweden to China were Cars ($944M), Packaged Medicaments ($661M), and Vaccines, blood, antisera, toxins and cultures ($484M). During the last 27 years the exports of Sweden to China have increased at an annualized rate of 6.9%, from $1.23B in 1995 to $7.48B in 2022.

In 2022, China exported $13.6B to Sweden. The main products exported from China to Sweden were Broadcasting Equipment ($500M), Light Fixtures ($388M), and Computers ($349M). During the last 27 years the exports of China to Sweden have increased at an annualized rate of 13.5%, from $442M in 1995 to $13.6B in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
China
Top Destination
United States$551B

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

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

In 2021, countries that imported more from China than Sweden were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Sweden - China

Flow
Scale

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

During 2022, Sweden had a large net trade with China in the exports of Machines ($1.86B), Chemical Products ($1.46B), and Transportation ($1.22B).

During 2022, China had a large net trade with Sweden in the exports of Machines ($5.79B), Textiles ($1.67B), and Miscellaneous ($1.62B).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to China worth $1.75B, with Other business services ($758M), Royalties and license fees ($564M), and Computer and information services ($233M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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