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2022
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Exports $209MRnk 63 / 217
2022
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Top Product $27.4MCars
2022
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Exports $84.2MRnk 54 / 187
2022
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Top Product $33.4MCoke
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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Economic Complexity (ECI) ECI 0.094Rnk 57 / 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$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 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$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Sweden-Colombia In 2022, Sweden exported $209M to Colombia. The main products that Sweden exported to Colombia are Cars ($27.4M), Nitrogenous Fertilizers ($17.8M), and Packaged Medicaments ($15.6M). During the last 27 years the exports of Sweden to Colombia have increased at an annualized rate of 0.1%, from $203M in 1995 to $209M in 2022.

In 2001, Sweden exported services to Colombia worth $10.1M, with Royalties and license fees ($3.14M), Construction services ($2.29M), and Other business services ($2M) being the largest in terms of value.

Colombia-Sweden In 2022, Colombia exported $84.2M to Sweden. The main products that Colombia exported to Sweden were Coke ($33.4M), Coffee ($21.8M), and Ferroalloys ($13.1M). During the last 27 years the exports of Colombia to Sweden have decreased at an annualized rate of 0.37%, from $93.1M in 1995 to $84.2M in 2022.

In 2022, Colombia 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, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK86.8M and imported SEK32.3M from Colombia, resulting in a positive trade balance of SEK54.6M. Between December 2022 and December 2023 the exports of Sweden have decreased by SEK-46.9M (-35%) from SEK134M to SEK86.8M, while imports decreased by SEK-60.1M (-65.1%) from SEK92.4M to SEK32.3M.

Trade In December 2023, the top exports of Sweden to Colombia were Packaged Medicaments (SEK16.2M), Acrylic Polymers (SEK12.6M), Fork-Lifts (SEK9.58M), Other Uncoated Paper (SEK8.36M), and High-voltage Protection Equipment (SEK7.38M). In December 2023 the top imports of Sweden from Colombia were Coffee (SEK22.2M), Bananas (SEK22.1M), Coffee and Tea Extracts (SEK2.49M), Excavation Machinery (SEK759k), and Interchangeable Tool Parts (SEK402k).

Growth In December 2023, the decrease in Sweden's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Cars (SEK-8.44M or -87.5%), Kraft Paper (SEK-3.97M or -78.5%), and Amine Compounds (SEK-3.39M or -75%). In December 2023, the decrease in Sweden's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Tropical Fruits (SEK-2.98M or -90.9%), Other Measuring Instruments (SEK-22k or -66.7%), and Knit Sweaters (SEK-6k or -85.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK-46.9M(-35%)
IMPORT GROWTH (December 2022 - December 2023)SEK-60.1M(-65.1%)

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 Colombia 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 $209M to Colombia. The main products exported from Sweden to Colombia were Cars ($27.4M), Nitrogenous Fertilizers ($17.8M), and Packaged Medicaments ($15.6M). During the last 27 years the exports of Sweden to Colombia have increased at an annualized rate of 0.1%, from $203M in 1995 to $209M in 2022.

In 2022, Colombia exported $84.2M to Sweden. The main products exported from Colombia to Sweden were Coke ($33.4M), Coffee ($21.8M), and Ferroalloys ($13.1M). During the last 27 years the exports of Colombia to Sweden have decreased at an annualized rate of 0.37%, from $93.1M in 1995 to $84.2M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Colombia
Top DestinationUnited States$15.6B

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

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

In 2021, countries that imported more from Colombia than Sweden were Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

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

Comparative Advantage Sweden - Colombia

Flow
Scale

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

During 2022, Sweden had a large net trade with Colombia in the exports of Machines ($58.2M), Chemical Products ($46.1M), and Transportation ($39M).

During 2022, Colombia had a large net trade with Sweden in the exports of Vegetable Products ($34.5M), Mineral Products ($33.4M), and Metals ($13.3M).

Service Trade

Bilateral Service Trade

Swe Year

In 2001, Sweden exported services to Colombia worth $10.1M, with Royalties and license fees ($3.14M), Construction services ($2.29M), and Other business services ($2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Colombia (Flag) (2001)

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

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

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