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2022
Flag → Flag
Exports $37.2MRnk 99 / 217
2022
Flag → Flag
Top Product $7.14MCars
2022
Flag → Flag
Exports $2.41MRnk 75 / 154
2022
Flag → Flag
Top Product $855kWine
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.027Rnk 62 / 124
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
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GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Sweden-Georgia In 2022, Sweden exported $37.2M to Georgia. The main products that Sweden exported to Georgia are Cars ($7.14M), Broadcasting Equipment ($6.59M), and Large Construction Vehicles ($3.28M). During the last 27 years the exports of Sweden to Georgia have increased at an annualized rate of 14.1%, from $1.06M in 1995 to $37.2M in 2022.

In 2022, Sweden did not export any services to Georgia.

Georgia-Sweden In 2022, Georgia exported $2.41M to Sweden. The main products that Georgia exported to Sweden were Wine ($855k), Packing Bags ($739k), and Medical Instruments ($233k). During the last 27 years the exports of Georgia to Sweden have increased at an annualized rate of 20%, from $17.6k in 1995 to $2.41M in 2022.

In 2022, Georgia did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Georgia ranked 62 in the Economic Complexity Index (ECI 0.027), and 118 in total exports ($6.82B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK15.7M and imported SEK813k from Georgia, resulting in a positive trade balance of SEK14.9M. Between December 2022 and December 2023 the exports of Sweden have decreased by SEK-29.2M (-65%) from SEK44.9M to SEK15.7M, while imports decreased by SEK-756k (-48.2%) from SEK1.57M to SEK813k.

Trade In December 2023, the top exports of Sweden to Georgia were Telephones (SEK16.7M), Cars (SEK12.9M), Uncoated Paper (SEK2.69M), Palm Oil (SEK2.67M), and Fork-Lifts (SEK736k). In December 2023 the top imports of Sweden from Georgia were Other Isotopes (SEK3.65M), Medical Instruments (SEK1.67M), Packing Bags (SEK556k), Sports Equipment (SEK17k), and Other Measuring Instruments (SEK9k).

Growth In December 2023, the decrease in Sweden's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Insulated Wire (SEK-2.44M or -95.8%), Other Measuring Instruments (SEK-659k or -98.2%), and Sports Equipment (SEK-216k or -96%). In December 2023, the decrease in Sweden's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK-29.2M(-65%)
IMPORT GROWTH (December 2022 - December 2023)SEK-756k(-48.2%)

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 Georgia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $37.2M to Georgia. The main products exported from Sweden to Georgia were Cars ($7.14M), Broadcasting Equipment ($6.59M), and Large Construction Vehicles ($3.28M). During the last 27 years the exports of Sweden to Georgia have increased at an annualized rate of 14.1%, from $1.06M in 1995 to $37.2M in 2022.

In 2022, Georgia exported $2.41M to Sweden. The main products exported from Georgia to Sweden were Wine ($855k), Packing Bags ($739k), and Medical Instruments ($233k). During the last 27 years the exports of Georgia to Sweden have increased at an annualized rate of 20%, from $17.6k in 1995 to $2.41M in 2022.

Exports from Sweden (Flag) to Georgia (Flag) (2022)

Exports from Georgia (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Georgia
Top DestinationChina$759M

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

In 2021, countries that imported more from Sweden than Georgia were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2021, countries that imported more from Georgia than Sweden were Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

Difference in imports from Georgia (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Georgia

Flow
Scale

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

During 2022, Sweden had a large net trade with Georgia in the exports of Machines ($15.4M), Transportation ($10.8M), and Paper Goods ($3.98M).

During 2022, Georgia had a large net trade with Sweden in the exports of Textiles ($880k), Foodstuffs ($870k), and Instruments ($238k).

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

Product Space of Sweden (Flag) and Georgia (Flag) (2022)

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