Sweden-Japan Trade: In 2022, Sweden exported $2.92B to Japan. The main products that Sweden exported to Japan were Packaged Medicaments ($604M), Sawn Wood ($396M), and Cars ($283M). Over the past 5 years the exports of Sweden to Japan have increased at an annualized rate of 4.48%, from $2.34B in 2017 to $2.92B in 2022.
In 2020, Sweden exported services to Japan worth $892M, with Computer and information services ($513M), Royalties and license fees ($92.2M), and Personal, cultural, and recreational services ($89.9M) being the largest in terms of value.
Japan-Sweden Trade: In 2022, Japan exported $1.45B to Sweden. The main products that Japan exported to Sweden were Cars ($403M), Motor vehicles; parts and accessories (8701 to 8705) ($231M), and Rubber Tires ($53.2M). Over the past 5 years the exports of Japan to Sweden have decreased at an annualized rate of 1.67%, from $1.58B in 2017 to $1.45B in 2022.
In 2009, Japan exported services to Sweden worth $1.48B, with Services not allocated ($736M), Other business services ($463M), and Royalties and license fees ($123M) being the largest in terms of value.
Comparison: In 2022, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).