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2023
Flag → Flag
Exports $10.2BRnk 5 / 216
2023
Flag → Flag
Top Product $953MRefined Petroleum
2023
Flag → Flag
Exports $17.6BRnk 9 / 224
2023
Flag → Flag
Top Product $2.25BComputers
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
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Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
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GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
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 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
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GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
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GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
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GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
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GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Sweden-Netherlands Trade: In 2023, Sweden exported $10.2B to Netherlands. The main products that Sweden exported to Netherlands were Refined Petroleum ($953M), Motor vehicles; parts and accessories (8701 to 8705) ($883M), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($625M). Over the past 5 years the exports of Sweden to Netherlands have increased at an annualized rate of 2.53%, from $9.02B in 2018 to $10.2B in 2023.

In 2020, Sweden exported services to Netherlands worth $2.21B, with Other business services ($955M), Transportation ($379M), and Computer and information services ($345M) being the largest in terms of value.

Netherlands-Sweden Trade: In 2023, Netherlands exported $17.6B to Sweden. The main products that Netherlands exported to Sweden were Computers ($2.25B), Refined Petroleum ($2.1B), and Broadcasting Equipment ($928M). Over the past 5 years the exports of Netherlands to Sweden have increased at an annualized rate of 5.5%,  from $13.5B in 2018 to $17.6B in 2023.

In 2020, Netherlands exported services to Sweden worth $4.62B, with Royalties and license fees ($1.63B), Other business services ($1.19B), and Transportation ($1.09B) being the largest in terms of value.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK8.26B and imported SEK16.5B from Netherlands, resulting in a negative trade balance of SEK8.22B. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-405M (-4.67%) from SEK8.67B to SEK8.26B, while imports increased by SEK58.9M (0.36%) from SEK16.4B to SEK16.5B.

Trade In October 2024, the top exports of Sweden to Netherlands were Motor vehicles; parts and accessories (8701... (SEK772M), Vehicle Bodies (including cabs) for the... (SEK578M), Refined Copper (SEK565M), Combustion Engines (SEK547M), and Refined Petroleum (SEK469M). In October 2024 the top imports of Sweden from Netherlands were Refined Petroleum (SEK1.68B), Computers (SEK1.11B), Telephones (SEK634M), Motor vehicles; parts and accessories (8701... (SEK273M), and Biodiesel and mixtures thereof (SEK262M).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Netherlands was explained primarily by an decrease in product exports in Refined Petroleum (SEK-155M or -24.9%), Integrated Circuits (SEK-120M or -90.5%), and Cars (SEK-105M or -41.2%). In October 2024, the increase in Sweden's year-by-year imports  from Netherlands was explained primarily by an increase in product imports  in Cars (SEK159M or 280%), Biodiesel and mixtures thereof (SEK141M or 117%), and Petroleum Gas (SEK132M or 72.4k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-405M(-4.67%)
IMPORT GROWTH (October 2023 - October 2024)SEK58.9M(0.36%)

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 Netherlands and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Netherlands and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $10.2B to Netherlands. The main products exported from Sweden to Netherlands were Refined Petroleum ($953M), Motor vehicles; parts and accessories (8701 to 8705) ($883M), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($625M). During the last 5 years the exports of Sweden to Netherlands have increased at an annualized rate of 2.53%, from $9.02B in 2018 to $10.2B in 2023.

In 2018, Netherlands exported $17.6B to Sweden. The main products exported from Netherlands to Sweden were Computers ($2.25B), Refined Petroleum ($2.1B), and Broadcasting Equipment ($928M). During the last 5 years the exports of Netherlands to Sweden have increased at an annualized rate of 5.5%, from $13.5B in 2023 to $17.6B in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Sweden than Netherlands included Norway ($10.9B), Finland ($9.41B), and Denmark ($14.4B).

In 2023, countries that imported more from Netherlands than Sweden included Belgium ($87B), Germany ($96.9B), and France ($67.3B).

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

Comparative Advantage Sweden - Netherlands

Flow
Scale

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

During 2023, Sweden had a large net trade with Netherlands in the exports of Transportation ($2.28B), Machines ($2.17B), and Mineral Products ($1.57B).

During 2018, Netherlands had a large net trade with Sweden in the exports of Machines ($6.3B), Mineral Products ($2.47B), and Chemical Products ($1.81B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Netherlands+$142MRefined Petroleum
Top Product Potential Netherlands Sweden+$62.4MCars

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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Bilateral Service Trade

In 2020, Sweden exported services to Netherlands worth $2.21B, with Other business services ($955M), Transportation ($379M), and Computer and information services ($345M) being the largest in terms of value.

In 2020, Netherlands exported services to Sweden worth $4.62B, with Royalties and license fees ($1.63B), Other business services ($1.19B), and Transportation ($1.09B) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Sweden.

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

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