2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Sweden Trade: In 2022, Israel exported $202M to Sweden. The main products that Israel exported to Sweden were Potassic Fertilizers ($22.7M), Video Recording Equipment ($22.5M), and Broadcasting Accessories ($12.4M). Over the past 5 years the exports of Israel to Sweden have increased at an annualized rate of 7.96%, from $138M in 2017 to $202M in 2022.

In 2012, Israel exported services to Sweden worth $11.3M, with Computer and information services ($11.3M) being the largest in terms of value.

Sweden-Israel Trade: In 2022, Sweden exported $721M to Israel. The main products that Sweden exported to Israel were Delivery Trucks ($122M), Packaged Medicaments ($57M), and Large Construction Vehicles ($44.1M). Over the past 5 years the exports of Sweden to Israel have increased at an annualized rate of 9.93%,  from $449M in 2017 to $721M in 2022.

In 2009, Sweden exported services to Israel worth $190M, with Services not allocated ($95.1M), Other business services ($50.7M), and Transportation ($19.4M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $202M to Sweden. The main products exported from Israel to Sweden were Potassic Fertilizers ($22.7M), Video Recording Equipment ($22.5M), and Broadcasting Accessories ($12.4M). During the last 5 years the exports of Israel to Sweden have increased at an annualized rate of 7.96%, from $138M in 2017 to $202M in 2022.

In 2017, Sweden exported $721M to Israel. The main products exported from Sweden to Israel were Delivery Trucks ($122M), Packaged Medicaments ($57M), and Large Construction Vehicles ($44.1M). During the last 5 years the exports of Sweden to Israel have increased at an annualized rate of 9.93%, from $449M in 2022 to $721M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Sweden (Flag)

Israel Exports

Sweden Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Israel than Sweden included Palestine ($4.6B), Ireland ($3.86B), and United States ($20.3B).

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

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

Comparative Advantage Israel - Sweden

Flow
Scale

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

During 2022, Israel had a large net trade with Sweden in the exports of Machines ($88.8M), Chemical Products ($33.2M), and Plastics and Rubbers ($16.4M).

During 2017, Sweden had a large net trade with Israel in the exports of Transportation ($221M), Machines ($192M), and Chemical Products ($99.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Sweden+$11.6MTelephones
Top Product Potential Sweden Israel+$44.9MCars

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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Economic Complexity

Competitive Landscape

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

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

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