Flag Sweden / Spain Flag

2020
FlagFlag
Exports
: $2.98B, Rnk 13 / 216

2020
FlagFlag
Top Product
: $424M, Non-fillet Fresh Fish

2020
FlagFlag
Exports
: $2.83B, Rnk 17 / 218

2020
FlagFlag
Top Product
: $255M, Cars

2020
Flag
Economic Complexity (ECI)
: ECI 1.59, Rnk 7 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.76, Rnk 34 / 127

2020
Flag  
GDP
: $541B, CURRENT US$
Rnk 22 / 195

2010-2020
Flag
GDP GROWTH
: 9.16%, CURRENT US$
Rnk 142 / 195

2020
Flag
 GDP
: $1.28T, CURRENT US$
Rnk 14 / 195

2010-2020
Flag
GDP GROWTH
: -9.8%, CURRENT US$
Rnk 174 / 195

2020
Flag
GDP PC 
: $52,274, CURRENT US$
Rnk 13 / 195

2010-2020
Flag
GDP PC GROWTH
: -1.12%, CURRENT US$
Rnk 144 / 195

2020
Flag
GDP PC
: $27,063, CURRENT US$
Rnk 36 / 195

2010-2020
Flag
GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 164 / 195

Sweden-Spain In 2020, Sweden exported $2.98B to Spain. The main products that Sweden exported to Spain are Non-fillet Fresh Fish ($424M), Cars ($209M), and Packaged Medicaments ($168M). During the last 25 years the exports of Sweden to Spain have increased at an annualized rate of 2.38%, from $1.66B in 1995 to $2.98B in 2020.

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

Spain-Sweden In 2020, Spain exported $2.83B to Sweden. The main products that Spain exported to Sweden were Cars ($255M), Motor vehicles; parts and accessories (8701 to 8705) ($92M), and Delivery Trucks ($84.4M). During the last 25 years the exports of Spain to Sweden have increased at an annualized rate of 4.85%, from $864M in 1995 to $2.83B in 2020.

In 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) 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, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, Sweden exported $2.98B to Spain. The main products exported from Sweden to Spain were Non-fillet Fresh Fish ($424M), Cars ($209M), and Packaged Medicaments ($168M). During the last 25 years the exports of Sweden to Spain have increased at an annualized rate of 2.38%, from $1.66B in 1995 to $2.98B in 2020.

In 2020, Spain exported $2.83B to Sweden. The main products exported from Spain to Sweden were Cars ($255M), Motor vehicles; parts and accessories (8701 to 8705) ($92M), and Delivery Trucks ($84.4M). During the last 25 years the exports of Spain to Sweden have increased at an annualized rate of 4.85%, from $864M in 1995 to $2.83B in 2020.

Market Competitiveness

#permalink to section
Measure

Sweden
Top Destination
: Germany, $15.9B

Spain
Top Destination
: France, $47.6B

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

In 2019, countries that imported more from Sweden than Spain were Norway ($14.2B), Denmark ($11.6B), and Finland ($9.44B).

In 2019, countries that imported more from Spain than Sweden were France ($47.6B), Portugal ($23.8B), and Italy ($22.8B).

Comparative Advantage Sweden - Spain

#permalink to section
Flow

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

During 2020, Sweden had a large net trade with Spain in the exports of Animal Products ($547M), Machines ($484M), and Paper Goods ($392M).

During 2020, Spain had a large net trade with Sweden in the exports of Transportation ($518M), Machines ($462M), and Vegetable Products ($382M).

Bilateral Service Trade

#permalink to section

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

In 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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