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2022
Flag → Flag
Exports $122MRnk 70 / 217
2022
Flag → Flag
Top Product $17.2MVinyl Chloride Polymers
2022
Flag → Flag
Exports $289MRnk 13 / 196
2022
Flag → Flag
Top Product $56.4MCoated Flat-Rolled Iron
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
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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$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186

About

Sweden-Luxembourg Trade: In 2022, Sweden exported $122M to Luxembourg. The main products that Sweden exported to Luxembourg were Vinyl Chloride Polymers ($17.2M), Cars ($16.2M), and Glass Working Machines ($15.6M). Over the past 5 years the exports of Sweden to Luxembourg have decreased at an annualized rate of 7.05%, from $175M in 2017 to $122M in 2022.

In 2020, Sweden exported services to Luxembourg worth $567M, with Other business services ($289M), Financial services ($114M), and Insurance services ($31.8M) being the largest in terms of value.

Luxembourg-Sweden Trade: In 2022, Luxembourg exported $289M to Sweden. The main products that Luxembourg exported to Sweden were Coated Flat-Rolled Iron ($56.4M), Rubber Tires ($33.1M), and Iron Blocks ($30.7M). Over the past 5 years the exports of Luxembourg to Sweden have decreased at an annualized rate of 2.21%,  from $323M in 2017 to $289M in 2022.

In 2020, Luxembourg exported services to Sweden worth $228M, with Other business services ($184M), Transportation ($40M), and Travel ($4.57M) 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK91.2M and imported SEK197M from Luxembourg, resulting in a negative trade balance of SEK106M. Between May 2023 and May 2024 the exports of Sweden have increased by SEK17.5M (23.7%) from SEK73.7M to SEK91.2M, while imports decreased by SEK-73.8M (-27.2%) from SEK271M to SEK197M.

Trade In May 2024, the top exports of Sweden to Luxembourg were Kaolin Coated Paper (SEK16.3M), Glass Working Machines (SEK14M), Vinyl Chloride Polymers (SEK13.1M), Cars (SEK7.18M), and Cellulose Fibers Paper (SEK4.2M). In May 2024 the top imports of Sweden from Luxembourg were Petroleum Gas (SEK34.4M), Coated Flat-Rolled Iron (SEK29.9M), Rubber Tires (SEK20M), Iron Blocks (SEK15.5M), and Plastic Floor Coverings (SEK12.7M).

Growth In May 2024, the increase in Sweden's year-by-year exports to Luxembourg was explained primarily by an increase in product exports in Kaolin Coated Paper (SEK9.92M or 156%), Cars (SEK6.24M or 663%), and Glass Working Machines (SEK5.61M or 66.9%). In May 2024, the decrease in Sweden's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Coated Flat-Rolled Iron (SEK-37.5M or -55.6%), Petroleum Gas (SEK-14.3M or -29.4%), and Raw Aluminium (SEK-7.21M or -82.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK17.5M(23.7%)
IMPORT GROWTH (May 2023 - May 2024)SEK-73.8M(-27.2%)

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 Luxembourg and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Luxembourg and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $122M to Luxembourg. The main products exported from Sweden to Luxembourg were Vinyl Chloride Polymers ($17.2M), Cars ($16.2M), and Glass Working Machines ($15.6M). During the last 5 years the exports of Sweden to Luxembourg have decreased at an annualized rate of 7.05%, from $175M in 2017 to $122M in 2022.

In 2017, Luxembourg exported $289M to Sweden. The main products exported from Luxembourg to Sweden were Coated Flat-Rolled Iron ($56.4M), Rubber Tires ($33.1M), and Iron Blocks ($30.7M). During the last 5 years the exports of Luxembourg to Sweden have decreased at an annualized rate of 2.21%, from $323M in 2022 to $289M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from Sweden than Luxembourg included Norway ($18.7B), United States ($17.8B), and Germany ($19.2B).

In 2022, countries that imported more from Luxembourg than Sweden included Hong Kong ($628M), Oman ($263M), and North Macedonia ($55.8M).

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

Comparative Advantage Sweden - Luxembourg

Flow
Scale

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

During 2022, Sweden had a large net trade with Luxembourg in the exports of Machines ($37.8M), Paper Goods ($19.5M), and Transportation ($19.3M).

During 2017, Luxembourg had a large net trade with Sweden in the exports of Metals ($146M), Plastics and Rubbers ($65.2M), and Machines ($30M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Luxembourg+N/AN/A
Top Product Potential Luxembourg Sweden+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Sweden exported services to Luxembourg worth $567M, with Other business services ($289M), Financial services ($114M), and Insurance services ($31.8M) being the largest in terms of value.

In 2020, Luxembourg exported services to Sweden worth $228M, with Other business services ($184M), Transportation ($40M), and Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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