Italy / Sweden

Italy-Sweden Trade: In 2023, Italy exported $5.69B to Sweden. The main products that Italy exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($374M), Packaged Medicaments ($213M), and Wine ($186M). Over the past 5 years the exports of Italy to Sweden have increased at an annualized rate of 2.39%, from $5.05B in 2018 to $5.69B in 2023.

In 2020, Italy exported services to Sweden worth $1.1B, with Other business services ($720M), Communications services ($190M), and Travel ($122M) being the largest in terms of value.

Sweden-Italy Trade: In 2023, Sweden exported $6.54B to Italy. The main products that Sweden exported to Italy were Non-fillet Fresh Fish ($571M), Tractors ($451M), and Packaged Medicaments ($386M). Over the past 5 years the exports of Sweden to Italy have increased at an annualized rate of 4.57%,  from $5.23B in 2018 to $6.54B in 2023.

In 2020, Sweden exported services to Italy worth $876M, with Computer and information services ($214M), Other business services ($184M), and Personal, cultural, and recreational services ($153M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).