2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Sweden-Ireland In 2022, Sweden exported $846M to Ireland. The main products that Sweden exported to Ireland are Vaccines, blood, antisera, toxins and cultures ($127M), Refined Petroleum ($81.8M), and Cars ($48.7M). During the last 27 years the exports of Sweden to Ireland have increased at an annualized rate of 2.06%, from $488M in 1995 to $846M in 2022.

In 2020, Sweden exported services to Ireland worth $1.73B, with Other business services ($719M), Computer and information services ($589M), and Personal, cultural, and recreational services ($117M) being the largest in terms of value.

Ireland-Sweden In 2022, Ireland exported $1.71B to Sweden. The main products that Ireland exported to Sweden were Broadcasting Equipment ($276M), Packaged Medicaments ($136M), and Computers ($129M). During the last 27 years the exports of Ireland to Sweden have increased at an annualized rate of 2.56%, from $865M in 1995 to $1.71B in 2022.

In 2020, Ireland exported services to Sweden worth $1.35B, with Other business services ($798M), Insurance services ($259M), and Financial services ($207M) being the largest in terms of value.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $846M to Ireland. The main products exported from Sweden to Ireland were Vaccines, blood, antisera, toxins and cultures ($127M), Refined Petroleum ($81.8M), and Cars ($48.7M). During the last 27 years the exports of Sweden to Ireland have increased at an annualized rate of 2.06%, from $488M in 1995 to $846M in 2022.

In 2022, Ireland exported $1.71B to Sweden. The main products exported from Ireland to Sweden were Broadcasting Equipment ($276M), Packaged Medicaments ($136M), and Computers ($129M). During the last 27 years the exports of Ireland to Sweden have increased at an annualized rate of 2.56%, from $865M in 1995 to $1.71B in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Sweden than Ireland were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2021, countries that imported more from Ireland than Sweden were United States ($70.7B), Belgium ($17B), and Germany ($28.6B).

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

Comparative Advantage Sweden - Ireland

Flow
Scale

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

During 2022, Sweden had a large net trade with Ireland in the exports of Chemical Products ($180M), Machines ($164M), and Transportation ($96.9M).

During 2022, Ireland had a large net trade with Sweden in the exports of Machines ($704M), Chemical Products ($434M), and Animal Products ($195M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Ireland worth $1.73B, with Other business services ($719M), Computer and information services ($589M), and Personal, cultural, and recreational services ($117M) being the largest in terms of value.

In 2020, Ireland exported services to Sweden worth $1.35B, with Other business services ($798M), Insurance services ($259M), and Financial services ($207M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with