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2022
Flag → Flag
Exports $304MRnk 55 / 216
2022
Flag → Flag
Top Product $58.4MPalm Oil
2022
Flag → Flag
Exports $516MRnk 43 / 217
2022
Flag → Flag
Top Product $129MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
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

Indonesia-Sweden Trade: In 2022, Indonesia exported $304M to Sweden. The main products that Indonesia exported to Sweden were Palm Oil ($58.4M), Leather Footwear ($17.9M), and Knit Women's Suits ($11.6M). Over the past 5 years the exports of Indonesia to Sweden have increased at an annualized rate of 9.31%, from $195M in 2017 to $304M in 2022.

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

Sweden-Indonesia Trade: In 2022, Sweden exported $516M to Indonesia. The main products that Sweden exported to Indonesia were Delivery Trucks ($129M), Dissolving Grades Chemical Woodpulp ($24.7M), and Excavation Machinery ($24.6M). Over the past 5 years the exports of Sweden to Indonesia have decreased at an annualized rate of 0.074%,  from $518M in 2017 to $516M in 2022.

In 2020, Sweden exported services to Indonesia worth $164M, with Computer and information services ($62.7M), Royalties and license fees ($26.6M), and Financial services ($23.4M) being the largest in terms of value.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $304M to Sweden. The main products exported from Indonesia to Sweden were Palm Oil ($58.4M), Leather Footwear ($17.9M), and Knit Women's Suits ($11.6M). During the last 5 years the exports of Indonesia to Sweden have increased at an annualized rate of 9.31%, from $195M in 2017 to $304M in 2022.

In 2017, Sweden exported $516M to Indonesia. The main products exported from Sweden to Indonesia were Delivery Trucks ($129M), Dissolving Grades Chemical Woodpulp ($24.7M), and Excavation Machinery ($24.6M). During the last 5 years the exports of Sweden to Indonesia have decreased at an annualized rate of 0.074%, from $518M in 2022 to $516M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Sweden (Flag)

Indonesia Exports

Sweden Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Indonesia than Sweden included China ($67.7B), Japan ($26.6B), and India ($25.3B).

In 2022, countries that imported more from Sweden than Indonesia included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

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

Comparative Advantage Indonesia - Sweden

Flow
Scale

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

During 2022, Indonesia had a large net trade with Sweden in the exports of Textiles ($87.1M), Animal and Vegetable Bi-Products ($67.2M), and Footwear and Headwear ($27.7M).

During 2017, Sweden had a large net trade with Indonesia in the exports of Machines ($160M), Transportation ($152M), and Paper Goods ($82.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Sweden+$10.2MLeather Footwear
Top Product Potential Sweden Indonesia+$21.9MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Sweden exported services to Indonesia worth $164M, with Computer and information services ($62.7M), Royalties and license fees ($26.6M), and Financial services ($23.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Indonesia and Sweden. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Sweden. Similarly, a dot/product with the flag of Sweden indicates it has a comparative advantage over Indonesia.

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

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