Flag United Kingdom / Sweden Flag

2019
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Exports
: $6.58B, Rnk 19 / 221

2019
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Top Product
: $762M, Crude Petroleum

2019
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Exports
: $8.59B, Rnk 6 / 217

2019
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Top Product
: $914M, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 13 / 146

2019
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Economic Complexity (ECI)
: ECI 1.64, Rnk 8 / 146

2019
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GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 187

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

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

2019
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GDP PC 
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

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

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

United Kingdom-Sweden In 2019, United Kingdom exported $6.58B to Sweden. The main products that United Kingdom exported to Sweden are Crude Petroleum ($762M), Cars ($631M), and Vehicle Parts ($325M). During the last 24 years the exports of United Kingdom to Sweden have increased at an annualized rate of 0.29%, from $6.14B in 1995 to $6.58B in 2019.

In 2018, United Kingdom exported services to Sweden worth $116B, with Other business services ($98.6B), Royalties and license fees ($16.9B), and Travel ($237M) being the largest in terms of value.

Sweden-United Kingdom In 2019, Sweden exported $8.59B to United Kingdom . The main products that Sweden exported to United Kingdom were Refined Petroleum ($914M), Cars ($889M), and Sawn Wood ($655M). During the last 24 years the exports of Sweden to United Kingdom have increased at an annualized rate of 0.72%, from $7.23B in 1995 to $8.59B in 2019.

In 2019, Sweden exported services to United Kingdom worth $703M, with Other business services ($217M), Royalties and license fees ($196M), and Computer and information services ($87.2M) being the largest in terms of value.

Comparison In 2019,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.46), and 10 in total exports ($446B). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.64), and 32 in total exports ($158B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United Kingdom exported $6.58B to Sweden. The main products exported from United Kingdom to Sweden were Crude Petroleum ($762M), Cars ($631M), and Vehicle Parts ($325M). During the last 24 years the exports of United Kingdom to Sweden have increased at an annualized rate of 0.29%, from $6.14B in 1995 to $6.58B in 2019.

In 2019, Sweden exported $8.59B to United Kingdom. The main products exported from Sweden to United Kingdom were Refined Petroleum ($914M), Cars ($889M), and Sawn Wood ($655M). During the last 24 years the exports of Sweden to United Kingdom have increased at an annualized rate of 0.72%, from $7.23B in 1995 to $8.59B in 2019.

United Kingdom Exports

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Sweden Exports

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Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $64.7B

Sweden
Top Destination
: Germany, $16.4B

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

In 2019, countries that imported more from United Kingdom than Sweden were United States ($64.7B), Germany ($44.3B), and Ireland ($26.9B).

In 2019, countries that imported more from Sweden than United Kingdom were Norway ($14.8B), Finland ($10B), and Denmark ($11.1B).

Comparative Advantage United Kingdom - Sweden

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Depth

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

During 2019, United Kingdom had a large net trade with Sweden in the exports of Machines ($1.48B), Transportation ($1.13B), and Mineral Products ($949M).

During 2019, Sweden had a large net trade with United Kingdom in the exports of Transportation ($1.52B), Mineral Products ($1.39B), and Machines ($1.28B).

Bilateral Service Trade

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In 2018, United Kingdom exported services to Sweden worth $116B, with Other business services ($98.6B), Royalties and license fees ($16.9B), and Travel ($237M) being the largest in terms of value.

In 2019, Sweden exported services to United Kingdom worth $703M, with Other business services ($217M), Royalties and license fees ($196M), and Computer and information services ($87.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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