Sweden-Philippines Trade: In 2022, Sweden exported $198M to Philippines. The main products that Sweden exported to Philippines were Sawn Wood ($41.9M), Other Uncoated Paper ($21.4M), and Documents of title (bonds etc) and unused stamps ($8.52M). Over the past 5 years the exports of Sweden to Philippines have increased at an annualized rate of 1.76%, from $181M in 2017 to $198M in 2022.
In 2020, Sweden exported services to Philippines worth $199M, with Computer and information services ($115M), Personal, cultural, and recreational services ($76.8M), and Other business services ($2.51M) being the largest in terms of value.
Philippines-Sweden Trade: In 2022, Philippines exported $125M to Sweden. The main products that Philippines exported to Sweden were Integrated Circuits ($38.8M), Other Domestic Electric Housewares ($20.8M), and Office Machine Parts ($6.7M). Over the past 5 years the exports of Philippines to Sweden have increased at an annualized rate of 12.6%, from $69.3M in 2017 to $125M in 2022.
In 2022, Philippines did not export any services to Sweden.
Comparison: In 2022, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).