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2022
Flag → Flag
Exports $501MRnk 44 / 217
2022
Flag → Flag
Top Product $47.4MBuses
2022
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Exports $113MRnk 47 / 185
2022
Flag → Flag
Top Product $45.4MCopper Ore
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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Economic Complexity (ECI) ECI -0.22Rnk 71 / 124
2022
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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$301BCURRENT US$
Rnk 45 / 186
2012-2022
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GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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
2022
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GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
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GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Sweden-Chile In 2022, Sweden exported $501M to Chile. The main products that Sweden exported to Chile are Buses ($47.4M), Excavation Machinery ($39M), and Other Construction Vehicles ($27.9M). During the last 27 years the exports of Sweden to Chile have increased at an annualized rate of 3.58%, from $194M in 1995 to $501M in 2022.

In 2020, Sweden exported services to Chile worth $269M, with Personal, cultural, and recreational services ($126M), Transportation ($74.2M), and Other business services ($29.5M) being the largest in terms of value.

Chile-Sweden In 2022, Chile exported $113M to Sweden. The main products that Chile exported to Sweden were Copper Ore ($45.4M), Wine ($21.1M), and Glycosides ($11.2M). During the last 27 years the exports of Chile to Sweden have increased at an annualized rate of 0.83%, from $90.4M in 1995 to $113M in 2022.

In 2022, Chile did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK262M and imported SEK161M from Chile, resulting in a positive trade balance of SEK101M. Between December 2022 and December 2023 the exports of Sweden have decreased by SEK-75.9M (-22.5%) from SEK338M to SEK262M, while imports decreased by SEK-101M (-38.4%) from SEK262M to SEK161M.

Trade In December 2023, the top exports of Sweden to Chile were Other Construction Vehicles (SEK48.9M), Flat Flat-Rolled Steel (SEK32.1M), Stone Processing Machines (SEK25.5M), Excavation Machinery (SEK22.8M), and Cars (SEK9.22M). In December 2023 the top imports of Sweden from Chile were Wine (SEK21.6M), Other Nuts (SEK2.67M), Dried Fruits (SEK2.37M), Plywood (SEK1.4M), and Pig Meat (SEK1.12M).

Growth In December 2023, the decrease in Sweden's year-by-year exports to Chile was explained primarily by an decrease in product exports in Delivery Trucks (SEK-22.9M or -96.2%), Packaged Medicaments (SEK-14.4M or -83.5%), and Cars (SEK-11.4M or -55.3%). In December 2023, the decrease in Sweden's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Dried Fruits (SEK-4.14M or -63.6%), Excavation Machinery (SEK-467k or -91.4%), and Motor vehicles; parts and accessories (8701... (SEK-145k or -99.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK-75.9M(-22.5%)
IMPORT GROWTH (December 2022 - December 2023)SEK-101M(-38.4%)

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 Chile and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $501M to Chile. The main products exported from Sweden to Chile were Buses ($47.4M), Excavation Machinery ($39M), and Other Construction Vehicles ($27.9M). During the last 27 years the exports of Sweden to Chile have increased at an annualized rate of 3.58%, from $194M in 1995 to $501M in 2022.

In 2022, Chile exported $113M to Sweden. The main products exported from Chile to Sweden were Copper Ore ($45.4M), Wine ($21.1M), and Glycosides ($11.2M). During the last 27 years the exports of Chile to Sweden have increased at an annualized rate of 0.83%, from $90.4M in 1995 to $113M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Chile
Top DestinationChina$38.5B

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

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

In 2021, countries that imported more from Chile than Sweden were China ($38.5B), Japan ($7.43B), and South Korea ($6.13B).

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

Comparative Advantage Sweden - Chile

Flow
Scale

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

During 2022, Sweden had a large net trade with Chile in the exports of Machines ($234M), Transportation ($104M), and Metals ($52.4M).

During 2022, Chile had a large net trade with Sweden in the exports of Mineral Products ($45.4M), Foodstuffs ($22.6M), and Chemical Products ($17.9M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Chile worth $269M, with Personal, cultural, and recreational services ($126M), Transportation ($74.2M), and Other business services ($29.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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 Sweden has comparative advantage over Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Sweden.

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

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