Flag Saudi Arabia / Sweden Flag

2019
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Exports
: $107M, Rnk 58 / 179

2019
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Top Product
: $52.7M, Propylene Polymers

2019
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Exports
: $1.39B, Rnk 23 / 217

2019
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Top Product
: $315M, Iron Reductions

2019
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Economic Complexity (ECI)
: ECI 0.94, Rnk 33 / 146

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

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 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 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 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

Saudi Arabia-Sweden In 2019, Saudi Arabia exported $107M to Sweden. The main products that Saudi Arabia exported to Sweden are Propylene Polymers ($52.7M), Refined Petroleum ($25.9M), and Ethylene Polymers ($14.1M). During the last 24 years the exports of Saudi Arabia to Sweden have decreased at an annualized rate of 1.77%, from $164M in 1995 to $107M in 2019.

In 2019, Saudi Arabia did not export any services to Sweden.

Sweden-Saudi Arabia In 2019, Sweden exported $1.39B to Saudi Arabia . The main products that Sweden exported to Saudi Arabia were Iron Reductions ($315M), Iron Ore ($302M), and Packaged Medicaments ($190M). During the last 24 years the exports of Sweden to Saudi Arabia have increased at an annualized rate of 3.94%, from $551M in 1995 to $1.39B in 2019.

In 2019, Sweden did not export any services to Saudi Arabia.

Comparison In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 0.94), and 26 in total exports ($228B). 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, Saudi Arabia exported $107M to Sweden. The main products exported from Saudi Arabia to Sweden were Propylene Polymers ($52.7M), Refined Petroleum ($25.9M), and Ethylene Polymers ($14.1M). During the last 24 years the exports of Saudi Arabia to Sweden have decreased at an annualized rate of 1.77%, from $164M in 1995 to $107M in 2019.

In 2019, Sweden exported $1.39B to Saudi Arabia. The main products exported from Sweden to Saudi Arabia were Iron Reductions ($315M), Iron Ore ($302M), and Packaged Medicaments ($190M). During the last 24 years the exports of Sweden to Saudi Arabia have increased at an annualized rate of 3.94%, from $551M in 1995 to $1.39B in 2019.

Saudi Arabia Exports

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Sweden Exports

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Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

Sweden
Top Destination
: Germany, $16.4B

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

In 2019, countries that imported more from Saudi Arabia than Sweden were China ($45.8B), India ($25.1B), and Japan ($24.5B).

In 2019, countries that imported more from Sweden than Saudi Arabia were Germany ($16.4B), Norway ($14.8B), and Denmark ($11.1B).

Comparative Advantage Saudi Arabia - Sweden

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Depth

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

During 2019, Saudi Arabia had a large net trade with Sweden in the exports of Plastics and Rubbers ($68.2M), Mineral Products ($27.2M), and Machines ($6.21M).

During 2019, Sweden had a large net trade with Saudi Arabia in the exports of Metals ($349M), Mineral Products ($303M), and Chemical Products ($225M).

Tariff Section

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This section shows import tariffs for products traded between Saudi Arabia and Sweden (using the HS6 product classification and the last year reported).

In 2017, the products from Saudi Arabia that paid the highest import tariffs to enter Sweden were Tobacco refuse (1.37k%) and Homogenized or reconstituted tobacco (585%).

In 2017, the products from Sweden that paid the highest import tariffs to enter Saudi Arabia were Sugar beet (178%) and Whey (173%).

*The tariffs present between Saudi Arabia and Sweden are:
136: Most Favoured Nation duty rate treatement

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