Sweden / Germany

Sweden-Germany Trade: In 2022, Sweden exported $19.2B to Germany. The main products that Sweden exported to Germany were Cars ($997M), Packaged Medicaments ($963M), and Vaccines, blood, antisera, toxins and cultures ($793M). Over the past 5 years the exports of Sweden to Germany have increased at an annualized rate of 3.75%, from $16B in 2017 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 Trade: In 2022, Germany exported $30B to Sweden. The main products that Germany exported to Sweden were Cars ($3.24B), Motor vehicles; parts and accessories (8701 to 8705) ($1.38B), and Computers ($797M). Over the past 5 years the exports of Germany to Sweden have increased at an annualized rate of 0.6%,  from $29.1B in 2017 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 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).