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
$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Sweden-Czechia In 2022, Sweden exported $1.73B to Czechia. The main products that Sweden exported to Czechia are Cars ($126M), Iron Pipes ($79M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.5M). During the last 27 years the exports of Sweden to Czechia have increased at an annualized rate of 6.37%, from $327M in 1995 to $1.73B in 2022.

In 2020, Sweden exported services to Czechia worth $232M, with Other business services ($70.9M), Personal, cultural, and recreational services ($53M), and Computer and information services ($46.6M) being the largest in terms of value.

Czechia-Sweden In 2022, Czechia exported $3.75B to Sweden. The main products that Czechia exported to Sweden were Cars ($613M), Motor vehicles; parts and accessories (8701 to 8705) ($375M), and Computers ($254M). During the last 27 years the exports of Czechia to Sweden have increased at an annualized rate of 12.1%, from $173M in 1995 to $3.75B in 2022.

In 2019, Czechia exported services to Sweden worth $347M, with Transportation ($139M), Travel ($77.6M), and Other business services ($45.9M) being the largest in terms of value.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Czechia ranked 6 in the Economic Complexity Index (ECI 1.53), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.73B to Czechia. The main products exported from Sweden to Czechia were Cars ($126M), Iron Pipes ($79M), and Motor vehicles; parts and accessories (8701 to 8705) ($48.5M). During the last 27 years the exports of Sweden to Czechia have increased at an annualized rate of 6.37%, from $327M in 1995 to $1.73B in 2022.

In 2022, Czechia exported $3.75B to Sweden. The main products exported from Czechia to Sweden were Cars ($613M), Motor vehicles; parts and accessories (8701 to 8705) ($375M), and Computers ($254M). During the last 27 years the exports of Czechia to Sweden have increased at an annualized rate of 12.1%, from $173M in 1995 to $3.75B in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Czechia
Top Destination
Germany$75.3B

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

In 2021, countries that imported more from Sweden than Czechia were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2021, countries that imported more from Czechia than Sweden were Germany ($75.3B), Slovakia ($19.7B), and Austria ($10.9B).

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

Comparative Advantage Sweden - Czechia

Flow
Scale

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

During 2022, Sweden had a large net trade with Czechia in the exports of Metals ($491M), Machines ($379M), and Transportation ($251M).

During 2022, Czechia had a large net trade with Sweden in the exports of Machines ($1.36B), Transportation ($1.02B), and Metals ($394M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Czechia worth $232M, with Other business services ($70.9M), Personal, cultural, and recreational services ($53M), and Computer and information services ($46.6M) being the largest in terms of value.

In 2019, Czechia exported services to Sweden worth $347M, with Transportation ($139M), Travel ($77.6M), and Other business services ($45.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Czechia (Flag) to Sweden (Flag) (2019)

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

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

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