2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP
$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH
61.3%CURRENT US$
Rnk 52 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$6,345CURRENT US$
Rnk 110 / 196
2013-2023
Flag
GDP PC GROWTH
80.8%CURRENT US$
Rnk 16 / 195

About

Sweden-Tuvalu Trade: In 2020, Sweden exported $1.74k to Tuvalu. The main products that Sweden exported to Tuvalu were N/A. Over the past 21 years the exports of Sweden to Tuvalu have decreased at an annualized rate of 7.2%, from $8.35k in 1999 to $1.74k in 2020.

In 2020, Sweden did not export any services to Tuvalu.

Tuvalu-Sweden Trade: In 2020, Tuvalu exported $34k to Sweden. The main products that Tuvalu exported to Sweden were Integrated Circuits ($33.5k), Knit T-shirts ($188), and Leather Apparel ($94). Over the past 21 years the exports of Tuvalu to Sweden have increased at an annualized rate of 126%,  from $575 in 1999 to $34k in 2020.

In 2020, Tuvalu did not export any services to Sweden.

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Sweden exported $1.74k to Tuvalu. There were not main exports from Sweden to Tuvalu in 2020. During the last 21 years the exports of Sweden to Tuvalu have decreased at an annualized rate of 7.2%, from $8.35k in 1999 to $1.74k in 2020.

In 2018, Tuvalu exported $34k to Sweden. The main products exported from Tuvalu to Sweden were Integrated Circuits ($33.5k), Knit T-shirts ($188), and Leather Apparel ($94). During the last 5 years the exports of Tuvalu to Sweden have increased at an annualized rate of 126%, from $575 in 2023 to $34k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Tuvalu
Top Destination
Thailand$45.9M

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

In 2023, countries that imported more from Sweden than Tuvalu included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, no countries were registered that imported more from Tuvalu than from Sweden.

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

Comparative Advantage Sweden - Tuvalu

Flow
Scale

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

During 2020, Sweden had a large net trade with Tuvalu in the exports of .

During 2018, Tuvalu had a large net trade with Sweden in the exports of Machines ($33.6k), Textiles ($282), and Animal Hides ($94).

Economic Complexity

Competitive Landscape

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

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

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