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2023
Flag → Flag
Exports $129MRnk 71 / 216
2023
Flag → Flag
Top Product $64.2MDelivery Trucks
2023
Flag → Flag
Exports $79.7MRnk 28 / 157
2023
Flag → Flag
Top Product $79.5MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.23Rnk 120 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH-54.4%CURRENT US$
Rnk 194 / 195

About

Sweden-Angola Trade: In 2023, Sweden exported $129M to Angola. The main products that Sweden exported to Angola were Delivery Trucks ($64.2M), Tractors ($11.1M), and Electrical Transformers ($6.86M). Over the past 5 years the exports of Sweden to Angola have increased at an annualized rate of 45%, from $20.1M in 2018 to $129M in 2023.

In 2023, Sweden did not export any services to Angola.

Angola-Sweden Trade: In 2023, Angola exported $79.7M to Sweden. The main products that Angola exported to Sweden were Crude Petroleum ($79.5M), Motor vehicles; parts and accessories (8701 to 8705) ($26.4k), and Oscilloscopes ($10.5k). Over the past 5 years the exports of Angola to Sweden have increased at an annualized rate of 43.2%,  from $124k in 2018 to $79.7M in 2023.

In 2023, Angola did not export any services to Sweden.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Sweden exported SEK22.3M and imported SEK2k from Angola, resulting in a positive trade balance of SEK22.3M. Between November 2023 and November 2024 the exports of Sweden have decreased by SEK-2.81M (-11.2%) from SEK25.1M to SEK22.3M, while imports decreased by SEK-2k (-50%) from SEK4k to SEK2k.

Trade In November 2024, the top exports of Sweden to Angola were Prefabricated Buildings (SEK4.92M), Kraft Paper (SEK2.29M), Hard Liquor (SEK185k), Computers (SEK117k), and Motor vehicles; parts and accessories (8701... (SEK104k). In November 2024 the top imports of Sweden from Angola were Wine (SEK323k), Seats (SEK31k), Other Furniture (SEK19k), Other Printed Material (SEK10k), and Porcelain Tableware (SEK8k).

Growth In November 2024, the decrease in Sweden's year-by-year exports to Angola was explained primarily by an decrease in product exports in Electrical Transformers (SEK-23.5M or -100%), Other Heating Machinery (SEK-422k or -99.8%), and Telephones (SEK-95k or -95%). In November 2024, the decrease in Sweden's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)SEK-2.81M(-11.2%)
IMPORT GROWTH (November 2023 - November 2024)SEK-2k(-50%)

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $129M to Angola. The main products exported from Sweden to Angola were Delivery Trucks ($64.2M), Tractors ($11.1M), and Electrical Transformers ($6.86M). During the last 5 years the exports of Sweden to Angola have increased at an annualized rate of 45%, from $20.1M in 2018 to $129M in 2023.

In 2018, Angola exported $79.7M to Sweden. The main products exported from Angola to Sweden were Crude Petroleum ($79.5M), Motor vehicles; parts and accessories (8701 to 8705) ($26.4k), and Oscilloscopes ($10.5k). During the last 5 years the exports of Angola to Sweden have increased at an annualized rate of 43.2%, from $124k in 2023 to $79.7M in 2018.

Exports from Sweden (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Sweden than Angola included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Angola than Sweden included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

Difference in imports from Angola (Flag) and Sweden (Flag) (2023)

Comparative Advantage Sweden - Angola

Flow
Scale

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

During 2023, Sweden had a large net trade with Angola in the exports of Transportation ($83.5M), Machines ($25.8M), and Metals ($4.9M).

During 2018, Angola had a large net trade with Sweden in the exports of Mineral Products ($79.5M), Machines ($81.7k), and Transportation ($26.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Angola+$4.04MCars
Top Product Potential Angola Sweden+$8.05MRefined Petroleum

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 Sweden and Angola. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and Angola (Flag) (2023)

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