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2022
Flag → Flag
Exports $1.45BRnk 43 / 211
2022
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Top Product $403MCars
2022
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Exports $2.92BRnk 14 / 217
2022
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Top Product $604MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$586BCURRENT US$
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2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%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

About

Japan-Sweden Trade: In 2022, Japan exported $1.45B to Sweden. The main products that Japan exported to Sweden were Cars ($403M), Motor vehicles; parts and accessories (8701 to 8705) ($231M), and Rubber Tires ($53.2M). Over the past 5 years the exports of Japan to Sweden have decreased at an annualized rate of 1.67%, from $1.58B in 2017 to $1.45B in 2022.

In 2009, Japan exported services to Sweden worth $1.48B, with Services not allocated ($736M), Other business services ($463M), and Royalties and license fees ($123M) being the largest in terms of value.

Sweden-Japan Trade: In 2022, Sweden exported $2.92B to Japan. The main products that Sweden exported to Japan were Packaged Medicaments ($604M), Sawn Wood ($396M), and Cars ($283M). Over the past 5 years the exports of Sweden to Japan have increased at an annualized rate of 4.48%,  from $2.34B in 2017 to $2.92B in 2022.

In 2020, Sweden exported services to Japan worth $892M, with Computer and information services ($513M), Royalties and license fees ($92.2M), and Personal, cultural, and recreational services ($89.9M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Latest Trends

June, 2024

About

Overview In June 2024, Japan exported ¥17.6B and imported ¥37B from Sweden, resulting in a negative trade balance of ¥19.4B. Between June 2023 and June 2024 the exports of Japan have decreased by ¥-4.36B (-19.9%) from ¥21.9B to ¥17.6B, while imports increased by ¥10.7B (40.6%) from ¥26.3B to ¥37B.

Trade In June 2024, the top exports of Japan to Sweden were Cars (¥3.64B), Motor vehicles; parts and accessories (8701... (¥3.43B), Commodities not elsewhere specified (¥1.22B), Rubber Tires (¥595M), and Other Measuring Instruments (¥433M). In June 2024 the top imports of Japan from Sweden were Packaged Medicaments (¥6.22B), Sawn Wood (¥2.69B), Broadcasting Equipment (¥1.4B), Laboratory Reagents (¥1.21B), and Motor vehicles; parts and accessories (8701... (¥1B).

Origins In June 2024 the exports of Japan were mainly from Aichi (¥9.16B), Hyōgo (¥1.67B), Chiba (¥1.22B), Osaka (¥1.2B), and Fukuoka (¥1.09B), while imports destinations were mainly Hyōgo (¥10.4B), Osaka (¥7B), Tokyo (¥6.14B), Kanagawa (¥4.93B), and Chiba (¥4.44B).

Growth In June 2024, the decrease in Japan's year-by-year exports to Sweden was explained primarily by an decrease in product exports in Prepr binder for foundry (¥-407M or -95.1%), Navigation Equipment (¥-338M or -98.8%), and Motorcycles and cycles (¥-104M or -46.7%). In June 2024, the increase in Japan's year-by-year imports  from Sweden was explained primarily by an increase in product imports  in Sulfate Chemical Woodpulp (¥578M or 272%), Gas Turbines (¥295M or 189%), and Ferroalloys (¥246M or 137%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)¥-4.36B(-19.9%)
IMPORT GROWTH (June 2023 - June 2024)¥10.7B(40.6%)
MAIN EXPORTER (June 2024)Aichi¥9.16B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Sweden and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sweden and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $1.45B to Sweden. The main products exported from Japan to Sweden were Cars ($403M), Motor vehicles; parts and accessories (8701 to 8705) ($231M), and Rubber Tires ($53.2M). During the last 5 years the exports of Japan to Sweden have decreased at an annualized rate of 1.67%, from $1.58B in 2017 to $1.45B in 2022.

In 2017, Sweden exported $2.92B to Japan. The main products exported from Sweden to Japan were Packaged Medicaments ($604M), Sawn Wood ($396M), and Cars ($283M). During the last 5 years the exports of Sweden to Japan have increased at an annualized rate of 4.48%, from $2.34B in 2022 to $2.92B in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Japan than Sweden included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2022, countries that imported more from Sweden than Japan included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

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

Comparative Advantage Japan - Sweden

Flow
Scale

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

During 2022, Japan had a large net trade with Sweden in the exports of Transportation ($656M), Machines ($388M), and Chemical Products ($113M).

During 2017, Sweden had a large net trade with Japan in the exports of Chemical Products ($934M), Transportation ($449M), and Wood Products ($418M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Sweden+$199MCars
Top Product Potential Sweden Japan+$118MCars

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 2009, Japan exported services to Sweden worth $1.48B, with Services not allocated ($736M), Other business services ($463M), and Royalties and license fees ($123M) being the largest in terms of value.

In 2020, Sweden exported services to Japan worth $892M, with Computer and information services ($513M), Royalties and license fees ($92.2M), and Personal, cultural, and recreational services ($89.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to Sweden (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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