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2022
Flag → Flag
Exports $939MRnk 32 / 217
2022
Flag → Flag
Top Product $201MIron Ore
2022
Flag → Flag
Exports $76MRnk 122 / 219
2022
Flag → Flag
Top Product $11.4MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Sweden-United Arab Emirates Trade: In 2022, Sweden exported $939M to United Arab Emirates. The main products that Sweden exported to United Arab Emirates were Iron Ore ($201M), Packaged Medicaments ($83.7M), and Delivery Trucks ($49.2M). Over the past 5 years the exports of Sweden to United Arab Emirates have increased at an annualized rate of 2.71%, from $821M in 2017 to $939M in 2022.

In 2022, Sweden did not export any services to United Arab Emirates.

United Arab Emirates-Sweden Trade: In 2022, United Arab Emirates exported $76M to Sweden. The main products that United Arab Emirates exported to Sweden were Refined Petroleum ($11.4M), Refrigerators ($8.77M), and Other Heating Machinery ($8.17M). Over the past 5 years the exports of United Arab Emirates to Sweden have increased at an annualized rate of 4.09%,  from $57.4M in 2017 to $76M in 2022.

In 2022, United Arab Emirates did not export any services to Sweden.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Latest Trends

August, 2024

About

Overview In August 2024, Sweden exported SEK4.07B and imported SEK34.2M from United Arab Emirates, resulting in a positive trade balance of SEK4.03B. Between August 2023 and August 2024 the exports of Sweden have increased by SEK3.64B (856%) from SEK425M to SEK4.07B, while imports decreased by SEK-403M (-92.2%) from SEK437M to SEK34.2M.

Trade In August 2024, the top exports of Sweden to United Arab Emirates were Packaged Medicaments (SEK69.1M), Flat Flat-Rolled Steel (SEK52.3M), Cars (SEK41.4M), Sulfate Chemical Woodpulp (SEK28.5M), and Computers (SEK24.4M). In August 2024 the top imports of Sweden from United Arab Emirates were Iron Structures (SEK17.7M), Other Heating Machinery (SEK16.5M), Telephones (SEK12.4M), Jewellery (SEK6.21M), and Scrap Aluminium (SEK2.62M).

Growth In August 2024, the increase in Sweden's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in Cars (SEK35.5M or 608%), Flat Flat-Rolled Steel (SEK34.5M or 194%), and Computers (SEK17.7M or 261%). In August 2024, the decrease in Sweden's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in Computers (SEK-2.02M or -87.3%), Other Aluminium Products (SEK-797k or -88.4%), and Non-Knit Men's Suits (SEK-683k or -97.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)SEK3.64B(856%)
IMPORT GROWTH (August 2023 - August 2024)SEK-403M(-92.2%)

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 United Arab Emirates and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $939M to United Arab Emirates. The main products exported from Sweden to United Arab Emirates were Iron Ore ($201M), Packaged Medicaments ($83.7M), and Delivery Trucks ($49.2M). During the last 5 years the exports of Sweden to United Arab Emirates have increased at an annualized rate of 2.71%, from $821M in 2017 to $939M in 2022.

In 2017, United Arab Emirates exported $76M to Sweden. The main products exported from United Arab Emirates to Sweden were Refined Petroleum ($11.4M), Refrigerators ($8.77M), and Other Heating Machinery ($8.17M). During the last 5 years the exports of United Arab Emirates to Sweden have increased at an annualized rate of 4.09%, from $57.4M in 2022 to $76M in 2017.

Exports from Sweden (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, countries that imported more from Sweden than United Arab Emirates included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

In 2022, countries that imported more from United Arab Emirates than Sweden included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - United Arab Emirates

Flow
Scale

This chart compares trade between Sweden and United Arab Emirates by product, considering products traded by both, Sweden and United Arab Emirates.

During 2022, Sweden had a large net trade with United Arab Emirates in the exports of Mineral Products ($201M), Machines ($181M), and Chemical Products ($159M).

During 2017, United Arab Emirates had a large net trade with Sweden in the exports of Machines ($32.9M), Mineral Products ($11.4M), and Metals ($6.94M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden United Arab Emirates+$56.9MCars
Top Product Potential United Arab Emirates Sweden+$29.7MRefined 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 United Arab Emirates. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and United Arab Emirates (Flag) (2022)

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