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2022
Flag → Flag
Exports $892MRnk 34 / 217
2022
Flag → Flag
Top Product $194MCars
2022
Flag → Flag
Exports $1.02BRnk 33 / 210
2022
Flag → Flag
Top Product $126MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Chinese Taipei Trade: In 2022, Sweden exported $892M to Chinese Taipei. The main products that Sweden exported to Chinese Taipei were Cars ($194M), Packaged Medicaments ($70.1M), and Tractors ($49.9M). Over the past 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 10.5%, from $542M in 2017 to $892M in 2022.

In 2022, Sweden did not export any services to Chinese Taipei.

Chinese Taipei-Sweden Trade: In 2022, Chinese Taipei exported $1.02B to Sweden. The main products that Chinese Taipei exported to Sweden were Integrated Circuits ($126M), Iron Fasteners ($125M), and Broadcasting Equipment ($80.4M). Over the past 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 4.6%,  from $744M in 2017 to $1.02B in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Latest Trends

July, 2024

About

Overview In July 2024, Sweden exported SEK565M and imported SEK754M from Chinese Taipei, resulting in a negative trade balance of SEK189M. Between July 2023 and July 2024 the exports of Sweden have increased by SEK121M (27.3%) from SEK444M to SEK565M, while imports increased by SEK45.4M (6.41%) from SEK708M to SEK754M.

Trade In July 2024, the top exports of Sweden to Chinese Taipei were Cars (SEK279M), Packaged Medicaments (SEK74.7M), Delivery Trucks (SEK20.9M), Telephones (SEK20M), and Scrap Aluminium (SEK18.2M). In July 2024 the top imports of Sweden from Chinese Taipei were Iron Fasteners (SEK109M), Telephones (SEK73.3M), Integrated Circuits (SEK45.8M), Computers (SEK39.1M), and Sports Equipment (SEK38.4M).

Growth In July 2024, the increase in Sweden's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Cars (SEK109M or 64.1%), Packaged Medicaments (SEK59.7M or 400%), and Dissolving Grades Chemical Woodpulp (SEK12.7M or 352%). In July 2024, the increase in Sweden's year-by-year imports  from Chinese Taipei was explained primarily by an increase in product imports  in Telephones (SEK31.9M or 77%), Computers (SEK11.7M or 42.5%), and Sports Equipment (SEK10.8M or 39.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)SEK121M(27.3%)
IMPORT GROWTH (July 2023 - July 2024)SEK45.4M(6.41%)

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 Chinese Taipei and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chinese Taipei and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $892M to Chinese Taipei. The main products exported from Sweden to Chinese Taipei were Cars ($194M), Packaged Medicaments ($70.1M), and Tractors ($49.9M). During the last 5 years the exports of Sweden to Chinese Taipei have increased at an annualized rate of 10.5%, from $542M in 2017 to $892M in 2022.

In 2017, Chinese Taipei exported $1.02B to Sweden. The main products exported from Chinese Taipei to Sweden were Integrated Circuits ($126M), Iron Fasteners ($125M), and Broadcasting Equipment ($80.4M). During the last 5 years the exports of Chinese Taipei to Sweden have increased at an annualized rate of 4.6%, from $744M in 2022 to $1.02B in 2017.

Exports from Sweden (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Sweden than Chinese Taipei included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2022, countries that imported more from Chinese Taipei than Sweden included China ($121B), Hong Kong ($65.8B), and United States ($82.6B).

Difference in imports from Chinese Taipei (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Chinese Taipei

Flow
Scale

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

During 2022, Sweden had a large net trade with Chinese Taipei in the exports of Transportation ($342M), Machines ($206M), and Chemical Products ($118M).

During 2017, Chinese Taipei had a large net trade with Sweden in the exports of Machines ($465M), Metals ($279M), and Transportation ($76.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and Chinese Taipei (Flag) (2022)

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