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2023
Flag → Flag
Exports $32.3MRnk 107 / 216
2023
Flag → Flag
Top Product $8.44MOther Plastic Products
2023
Flag → Flag
Exports $9.74MRnk 42 / 161
2023
Flag → Flag
Top Product $3.08MBaked Goods
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Sweden-Ethiopia Trade: In 2023, Sweden exported $32.3M to Ethiopia. The main products that Sweden exported to Ethiopia were Other Plastic Products ($8.44M), Blank Audio Media ($5.41M), and Large Construction Vehicles ($2.78M). Over the past 5 years the exports of Sweden to Ethiopia have decreased at an annualized rate of 5.42%, from $42.6M in 2018 to $32.3M in 2023.

In 2023, Sweden did not export any services to Ethiopia.

Ethiopia-Sweden Trade: In 2023, Ethiopia exported $9.74M to Sweden. The main products that Ethiopia exported to Sweden were Baked Goods ($3.08M), Coffee ($2.78M), and Leather Apparel ($1.11M). Over the past 5 years the exports of Ethiopia to Sweden have increased at an annualized rate of 0.33%,  from $9.42M in 2018 to $9.74M in 2023.

In 2023, Ethiopia did not export any services to Sweden.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK1.64M and imported SEK11.7M from Ethiopia, resulting in a negative trade balance of SEK10M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-26.4M (-94.2%) from SEK28.1M to SEK1.64M, while imports increased by SEK7.43M (174%) from SEK4.26M to SEK11.7M.

Trade In October 2024, the top exports of Sweden to Ethiopia were Bricks (SEK1.14M), Telephones (SEK757k), Mattresses (SEK680k), Kaolin Coated Paper (SEK492k), and Medical Furniture (SEK486k). In October 2024 the top imports of Sweden from Ethiopia were Baked Goods (SEK2.39M), Leather further prepared after tanning or... (SEK1.76M), Leather Apparel (SEK845k), Knit Babies' Garments (SEK300k), and Knit Socks and Hosiery (SEK251k).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Insulated Wire (SEK-1.27M or -91.5%), Telephones (SEK-508k or -40.2%), and Computers (SEK-92k or -98.9%). In October 2024, the increase in Sweden's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Leather Apparel (SEK838k or 12k%), Baked Goods (SEK391k or 19.6%), and Knit Babies' Garments (SEK215k or 253%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-26.4M(-94.2%)
IMPORT GROWTH (October 2023 - October 2024)SEK7.43M(174%)

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 Ethiopia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $32.3M to Ethiopia. The main products exported from Sweden to Ethiopia were Other Plastic Products ($8.44M), Blank Audio Media ($5.41M), and Large Construction Vehicles ($2.78M). During the last 5 years the exports of Sweden to Ethiopia have decreased at an annualized rate of 5.42%, from $42.6M in 2018 to $32.3M in 2023.

In 2018, Ethiopia exported $9.74M to Sweden. The main products exported from Ethiopia to Sweden were Baked Goods ($3.08M), Coffee ($2.78M), and Leather Apparel ($1.11M). During the last 5 years the exports of Ethiopia to Sweden have increased at an annualized rate of 0.33%, from $9.42M in 2023 to $9.74M in 2018.

Exports from Sweden (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Sweden than Ethiopia included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Ethiopia than Sweden included Djibouti ($155M), Somalia ($142M), and Kenya ($109M).

Difference in imports from Ethiopia (Flag) and Sweden (Flag) (2023)

Comparative Advantage Sweden - Ethiopia

Flow
Scale

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

During 2023, Sweden had a large net trade with Ethiopia in the exports of Machines ($15.4M), Plastics and Rubbers ($8.78M), and Chemical Products ($3.05M).

During 2018, Ethiopia had a large net trade with Sweden in the exports of Foodstuffs ($3.11M), Vegetable Products ($3.05M), and Animal Hides ($2.38M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Ethiopia+$3.16MTelephones
Top Product Potential Ethiopia Sweden+$8.49MCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and Ethiopia. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and Ethiopia (Flag) (2023)

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