2021
Flag  
GDP
$637BCURRENT US$
Rnk 22 / 204
2011-2021
Flag
GDP GROWTH
10.9%CURRENT US$
Rnk 143 / 204
2021
Flag
 GDP
$37.2BCURRENT US$
Rnk 97 / 204
2011-2021
Flag
GDP GROWTH
60.2%CURRENT US$
Rnk 41 / 204
2021
Flag
GDP PC 
$61,143CURRENT US$
Rnk 16 / 204
2011-2021
Flag
GDP PC GROWTH
0.64%CURRENT US$
Rnk 142 / 204
2021
Flag
GDP PC
$27,944CURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP PC GROWTH
59.8%CURRENT US$
Rnk 21 / 204

About

Sweden-Estonia In 2021, Sweden exported $1.44B to Estonia. The main products that Sweden exported to Estonia are Cars ($366M), Delivery Trucks ($41.9M), and Packaged Medicaments ($37.1M). During the last 26 years the exports of Sweden to Estonia have increased at an annualized rate of 7.13%, from $241M in 1995 to $1.44B in 2021.

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

Estonia-Sweden In 2021, Estonia exported $1.86B to Sweden. The main products that Estonia exported to Sweden were Broadcasting Equipment ($136M), Coal Tar Oil ($105M), and Prefabricated Buildings ($99.8M). During the last 26 years the exports of Estonia to Sweden have increased at an annualized rate of 7.46%, from $285M in 1995 to $1.86B in 2021.

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) 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, Estonia ranked 73 in total exports ($21.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Sweden exported $1.44B to Estonia. The main products exported from Sweden to Estonia were Cars ($366M), Delivery Trucks ($41.9M), and Packaged Medicaments ($37.1M). During the last 26 years the exports of Sweden to Estonia have increased at an annualized rate of 7.13%, from $241M in 1995 to $1.44B in 2021.

In 2021, Estonia exported $1.86B to Sweden. The main products exported from Estonia to Sweden were Broadcasting Equipment ($136M), Coal Tar Oil ($105M), and Prefabricated Buildings ($99.8M). During the last 26 years the exports of Estonia to Sweden have increased at an annualized rate of 7.46%, from $285M in 1995 to $1.86B in 2021.

Exports from Sweden (Flag) to Estonia (Flag) (2021)

Exports from Estonia (Flag) to Sweden (Flag) (2021)

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.1B
Estonia
Top Destination
Finland$2.68B

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

In 2021, countries that imported more from Sweden than Estonia were Germany ($19.1B), Norway ($17.4B), and Denmark ($14.5B).

In 2021, countries that imported more from Estonia than Sweden were Latvia ($1.95B), Uzbekistan ($103M), and Togo ($31.1M).

Difference in imports from Estonia (Flag) and Sweden (Flag) (2021)

Comparative Advantage Sweden - Estonia

Flow
Scale

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

During 2021, Sweden had a large net trade with Estonia in the exports of Transportation ($470M), Machines ($282M), and Metals ($187M).

During 2021, Estonia had a large net trade with Sweden in the exports of Machines ($462M), Wood Products ($290M), and Miscellaneous ($258M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Product Space of Sweden (Flag) and Estonia (Flag) (2021)

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