2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
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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

Saudi Arabia-Sweden In 2022, Saudi Arabia exported $110M to Sweden. The main products that Saudi Arabia exported to Sweden are Propylene Polymers ($45.9M), Refined Petroleum ($21M), and Ethylene Polymers ($18.7M). During the last 27 years the exports of Saudi Arabia to Sweden have decreased at an annualized rate of 1.48%, from $165M in 1995 to $110M in 2022.

In 2022, Saudi Arabia did not export any services to Sweden.

Sweden-Saudi Arabia In 2022, Sweden exported $1.29B to Saudi Arabia. The main products that Sweden exported to Saudi Arabia were Iron Ore ($425M), Packaged Medicaments ($279M), and Sawn Wood ($116M). During the last 27 years the exports of Sweden to Saudi Arabia have increased at an annualized rate of 3.19%, from $551M in 1995 to $1.29B in 2022.

In 2022, Sweden did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $110M to Sweden. The main products exported from Saudi Arabia to Sweden were Propylene Polymers ($45.9M), Refined Petroleum ($21M), and Ethylene Polymers ($18.7M). During the last 27 years the exports of Saudi Arabia to Sweden have decreased at an annualized rate of 1.48%, from $165M in 1995 to $110M in 2022.

In 2022, Sweden exported $1.29B to Saudi Arabia. The main products exported from Sweden to Saudi Arabia were Iron Ore ($425M), Packaged Medicaments ($279M), and Sawn Wood ($116M). During the last 27 years the exports of Sweden to Saudi Arabia have increased at an annualized rate of 3.19%, from $551M in 1995 to $1.29B in 2022.

Exports from Saudi Arabia (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Sweden (Flag)

Saudi Arabia Exports

Sweden Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Sweden
Top Destination
Germany$19.2B

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 2021, countries that imported more from Saudi Arabia than Sweden were China ($68B), India ($46.2B), and South Korea ($36B).

In 2021, countries that imported more from Sweden than Saudi Arabia were Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

Difference in imports from Sweden (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Sweden

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Sweden in the exports of Plastics and Rubbers ($65.4M), Mineral Products ($38.8M), and Machines ($2.07M).

During 2022, Sweden had a large net trade with Saudi Arabia in the exports of Mineral Products ($425M), Chemical Products ($310M), and Machines ($141M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Sweden (Flag) (2022)

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