Flag Sweden / Germany Flag

2021
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Exports
: $19.1B, Rnk 1 / 219

2021
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Top Product
: $1.25B, Cars

2021
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Exports
: $30.6B, Rnk 15 / 221

2021
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Top Product
: $3.33B, Cars

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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Economic Complexity (ECI)
: ECI 1.81, Rnk 5 / 131

2021
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GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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 GDP
: $4.22T, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 119 / 182

2021
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GDP PC 
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

2021
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GDP PC
: $50,802, CURRENT US$
Rnk 19 / 182

2011-2021
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GDP PC GROWTH
: 8.77%, CURRENT US$
Rnk 108 / 182

Sweden-Germany In 2021, Sweden exported $19.1B to Germany. The main products that Sweden exported to Germany are Cars ($1.25B), Iron Ore ($814M), and Vaccines, blood, antisera, toxins and cultures ($749M). During the last 26 years the exports of Sweden to Germany have increased at an annualized rate of 2.56%, from $9.88B in 1995 to $19.1B in 2021.

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 2021, Germany exported $30.6B to Sweden. The main products that Germany exported to Sweden were Cars ($3.33B), Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), and Computers ($900M). During the last 26 years the exports of Germany to Sweden have increased at an annualized rate of 3.56%, from $12.3B in 1995 to $30.6B in 2021.

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 2021,  Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Sweden exported $19.1B to Germany. The main products exported from Sweden to Germany were Cars ($1.25B), Iron Ore ($814M), and Vaccines, blood, antisera, toxins and cultures ($749M). During the last 26 years the exports of Sweden to Germany have increased at an annualized rate of 2.56%, from $9.88B in 1995 to $19.1B in 2021.

In 2021, Germany exported $30.6B to Sweden. The main products exported from Germany to Sweden were Cars ($3.33B), Motor vehicles; parts and accessories (8701 to 8705) ($1.42B), and Computers ($900M). During the last 26 years the exports of Germany to Sweden have increased at an annualized rate of 3.56%, from $12.3B in 1995 to $30.6B in 2021.

Market Competitiveness

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Color

Sweden
Top Destination
: Germany, $19.1B

Germany
Top Destination
: United States, $135B

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 ($17.4B), Bahrain ($201M), and Gibraltar ($225M).

In 2021, countries that imported more from Germany than Sweden were United States ($135B), China ($121B), and France ($119B).

Comparative Advantage Sweden - Germany

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Flow
Scale

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

During 2021, Sweden had a large net trade with Germany in the exports of Machines ($3.47B), Metals ($3.29B), and Chemical Products ($2.75B).

During 2021, Germany had a large net trade with Sweden in the exports of Machines ($9.74B), Transportation ($5.68B), and Chemical Products ($3.81B).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.