Sweden (SWE) and Denmark (DNK) Trade | OEC - The Observatory of Economic Complexity

About

Sweden-Denmark In 2020, Sweden exported $11.6B to Denmark. The main products that Sweden exported to Denmark are Broadcasting Equipment ($1.21B), Cars ($847M), and Computers ($495M). During the last 25 years the exports of Sweden to Denmark have increased at an annualized rate of 3.39%, from $5.06B in 1995 to $11.6B in 2020.

In 2020, Sweden exported services to Denmark worth $4.04B, with Other business services ($1.12B), Transportation ($725M), and Computer and information services ($571M) being the largest in terms of value.

Denmark-Sweden In 2020, Denmark exported $9.45B to Sweden. The main products that Denmark exported to Sweden were Refined Petroleum ($539M), Packaged Medicaments ($418M), and Computers ($233M). During the last 25 years the exports of Denmark to Sweden have increased at an annualized rate of 3.02%, from $4.49B in 1995 to $9.45B in 2020.

In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) being the largest in terms of value.

Comparison In 2020, Sweden ranked 7 in the Economic Complexity Index (ECI 1.59), and 32 in total exports ($152B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 0.97), and 35 in total exports ($102B).

Latest Trends

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November, 2022

About

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Overview In November 2022, Sweden exported SEK11.4B and imported SEK9.29B from Denmark, resulting in a positive trade balance of SEK2.06B. Between November 2021 and November 2022 the exports of Sweden have decreased by SEK-280M (-2.41%) from SEK11.6B to SEK11.4B, while imports decreased by SEK-393M (-4.06%) from SEK9.69B to SEK9.29B.

Trade In November 2022, the top exports of Sweden to Denmark were Telephones (SEK867M), Cars (SEK499M), Computers (SEK498M), Refined Petroleum (SEK458M), and Video Displays (SEK236M). In November 2022 the top imports of Sweden from Denmark were Packaged Medicaments (SEK640M), Refined Petroleum (SEK493M), Computers (SEK228M), Petroleum Gas (SEK183M), and Electricity (SEK150M).

Growth In November 2022, the decrease in Sweden's year-by-year exports to Denmark was explained primarily by an decrease in product exports in Cars (SEK-242M or -32.7%), Telephones (SEK-172M or -16.5%), and Refined Petroleum (SEK-84.3M or -15.6%). In November 2022, the decrease in Sweden's year-by-year imports from Denmark was explained primarily by an decrease in product imports in N/A.

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (November 2021 - November 2022): SEK-280M, (-2.41%)

IMPORT GROWTH (November 2021 - November 2022): SEK-393M, (-4.06%)

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 Denmark and Sweden trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Sweden exported $11.6B to Denmark. The main products exported from Sweden to Denmark were Broadcasting Equipment ($1.21B), Cars ($847M), and Computers ($495M). During the last 25 years the exports of Sweden to Denmark have increased at an annualized rate of 3.39%, from $5.06B in 1995 to $11.6B in 2020.

In 2020, Denmark exported $9.45B to Sweden. The main products exported from Denmark to Sweden were Refined Petroleum ($539M), Packaged Medicaments ($418M), and Computers ($233M). During the last 25 years the exports of Denmark to Sweden have increased at an annualized rate of 3.02%, from $4.49B in 1995 to $9.45B in 2020.

Market Competitiveness

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Measure

SectionYear

Sweden
Top Destination: Germany, $15.9B

Denmark
Top Destination: Germany, $13.7B

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

In 2019, countries that imported more from Sweden than Denmark were Norway ($14.2B), Finland ($9.44B), and Belgium ($5.43B).

In 2019, countries that imported more from Denmark than Sweden were Greenland ($548M), Iceland ($565M), and Ireland ($780M).

Comparative Advantage Sweden - Denmark

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Flow

Scale

Year

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

During 2020, Sweden had a large net trade with Denmark in the exports of Machines ($4.07B), Transportation ($1.23B), and Metals ($829M).

During 2020, Denmark had a large net trade with Sweden in the exports of Machines ($1.98B), Chemical Products ($1.25B), and Mineral Products ($853M).

Service Trade

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Bilateral Service Trade

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Dnk YearSwe Year

In 2020, Sweden exported services to Denmark worth $4.04B, with Other business services ($1.12B), Transportation ($725M), and Computer and information services ($571M) being the largest in terms of value.

In 2020, Denmark exported services to Sweden worth $5.27B, with Transportation ($1.91B), Other business services ($1.3B), and Computer and information services ($764M) 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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Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Sweden - Denmark

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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