Flag Vietnam / Sweden Flag

2021
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Exports
: $1.42B, Rnk 33 / 147

2021
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Top Product
: $741M, Broadcasting Equipment

2021
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Exports
: $279M, Rnk 55 / 219

2021
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Top Product
: $37M, Packaged Medicaments

2021
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Economic Complexity (ECI)
: ECI 0.1, Rnk 58 / 131

2021
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Economic Complexity (ECI)
: ECI 1.54, Rnk 8 / 131

2021
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GDP
: $363B, CURRENT US$
Rnk 39 / 182

2011-2021
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GDP GROWTH
: 110%, CURRENT US$
Rnk 11 / 182

2021
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 GDP
: $627B, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP GROWTH
: 9.29%, CURRENT US$
Rnk 133 / 182

2021
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GDP PC 
: $3,694, CURRENT US$
Rnk 119 / 182

2011-2021
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GDP PC GROWTH
: 90.2%, CURRENT US$
Rnk 7 / 182

2021
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GDP PC
: $60,239, CURRENT US$
Rnk 11 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.85%, CURRENT US$
Rnk 130 / 182

Vietnam-Sweden In 2021, Vietnam exported $1.42B to Sweden. The main products that Vietnam exported to Sweden are Broadcasting Equipment ($741M), Computers ($68.4M), and Textile Footwear ($46.4M). During the last 26 years the exports of Vietnam to Sweden have increased at an annualized rate of 18.4%, from $17.7M in 1995 to $1.42B in 2021.

In 2021, Vietnam did not export any services to Sweden.

Sweden-Vietnam In 2021, Sweden exported $279M to Vietnam. The main products that Sweden exported to Vietnam were Packaged Medicaments ($37M), Broadcasting Equipment ($22M), and Kaolin Coated Paper ($17.8M). During the last 26 years the exports of Sweden to Vietnam have increased at an annualized rate of 8.77%, from $31.4M in 1995 to $279M in 2021.

In 2021, Sweden did not export any services to Vietnam.

Comparison In 2021,  Vietnam ranked 58 in the Economic Complexity Index (ECI 0.1), and 18 in total exports ($356B). That same year, Sweden ranked 8 in the Economic Complexity Index (ECI 1.54), and 32 in total exports ($185B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Vietnam exported $1.42B to Sweden. The main products exported from Vietnam to Sweden were Broadcasting Equipment ($741M), Computers ($68.4M), and Textile Footwear ($46.4M). During the last 26 years the exports of Vietnam to Sweden have increased at an annualized rate of 18.4%, from $17.7M in 1995 to $1.42B in 2021.

In 2021, Sweden exported $279M to Vietnam. The main products exported from Sweden to Vietnam were Packaged Medicaments ($37M), Broadcasting Equipment ($22M), and Kaolin Coated Paper ($17.8M). During the last 26 years the exports of Sweden to Vietnam have increased at an annualized rate of 8.77%, from $31.4M in 1995 to $279M in 2021.

Sweden Exports

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Market Competitiveness

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Color

Vietnam
Top Destination
: United States, $99.3B

Sweden
Top Destination
: Germany, $19.1B

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

In 2021, countries that imported more from Vietnam than Sweden were United States ($99.3B), China ($57.8B), and South Korea ($22.6B).

In 2021, countries that imported more from Sweden than Vietnam were Norway ($17.4B), Denmark ($14.5B), and Finland ($11.9B).

Comparative Advantage Vietnam - Sweden

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Flow
Scale

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

During 2021, Vietnam had a large net trade with Sweden in the exports of Machines ($923M), Textiles ($103M), and Footwear and Headwear ($96.2M).

During 2021, Sweden had a large net trade with Vietnam in the exports of Machines ($104M), Chemical Products ($51.3M), and Paper Goods ($33.1M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Vietnam has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Vietnam.