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
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Sweden-Germany In 2022, Sweden exported $19.2B to Germany. The main products that Sweden exported to Germany are N/A. During the last 27 years the exports of Sweden to Germany have increased at an annualized rate of 2.49%, from $9.87B in 1995 to $19.2B in 2022.

In 2020, Sweden exported services to Germany worth $4.58B, with Other business services ($1.51B), Transportation ($795M), and Computer and information services ($727M) being the largest in terms of value.

Germany-Sweden In 2022, Germany exported $30B to Sweden. The main products that Germany exported to Sweden were N/A. During the last 27 years the exports of Germany to Sweden have increased at an annualized rate of 3.36%, from $12.3B in 1995 to $30B in 2022.

In 2020, Germany exported services to Sweden worth $3.27B, with Other business services ($1.29B), Transportation ($850M), and Royalties and license fees ($487M) 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, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $19.2B to Germany. There were not main exports from Sweden to Germany in 2022. During the last 27 years the exports of Sweden to Germany have increased at an annualized rate of 2.49%, from $9.87B in 1995 to $19.2B in 2022.

In 2022, Germany exported $30B to Sweden. There were not main exports from Germany to Sweden in 2022. During the last 27 years the exports of Germany to Sweden have increased at an annualized rate of 3.36%, from $12.3B in 1995 to $30B in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Sweden than Germany were Norway ($18.7B), Finland ($13.4B), and Greenland ($230M).

In 2021, countries that imported more from Germany than Sweden were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Sweden - Germany

Flow
Scale

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

During 2022, Sweden had a large net trade with Germany in the exports of N/A.

During 2022, Germany had a large net trade with Sweden in the exports of N/A.

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Germany worth $4.58B, with Other business services ($1.51B), Transportation ($795M), and Computer and information services ($727M) being the largest in terms of value.

In 2020, Germany exported services to Sweden worth $3.27B, with Other business services ($1.29B), Transportation ($850M), and Royalties and license fees ($487M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Germany (Flag) to Sweden (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 Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Sweden.

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

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