Venezuela / Sweden

Venezuela-Sweden Trade: In 2022, Venezuela exported $1.26M to Sweden. The main products that Venezuela exported to Sweden were Hard Liquor ($1.15M), Wood Charcoal ($66.8k), and Other Iron Products ($17.9k). Over the past 5 years the exports of Venezuela to Sweden have decreased at an annualized rate of 67.3%, from $337M in 2017 to $1.26M in 2022.

In 2022, Venezuela did not export any services to Sweden.

Sweden-Venezuela Trade: In 2022, Sweden exported $8.4M to Venezuela. The main products that Sweden exported to Venezuela were Computers ($1.85M), Cellulose ($1.73M), and Broadcasting Equipment ($1.07M). Over the past 5 years the exports of Sweden to Venezuela have decreased at an annualized rate of 27.1%,  from $40.8M in 2017 to $8.4M in 2022.

In 2020, Sweden exported services to Venezuela worth $16.7M, with Computer and information services ($14.6M), Personal, cultural, and recreational services ($1.14M), and Government services, n.i.e. ($800k) being the largest in terms of value.

Comparison: In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).