HS Icon Cars in  Flag Sweden

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $589M | $151M, United States |  Belgium

2019
ECONOMIC COMPLEXITY of Sweden
: 1.65, Rnk 8 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports In 2019, Sweden exported $11.8B in Cars, making it the 16th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Sweden. The main destination of Cars exports from Sweden are: United States ($2.15B), Germany ($1.39B), United Kingdom ($889M), Denmark ($870M), and China ($854M).

The fastest growing export markets for Cars of Sweden between 2018 and 2019 were United States ($589M), Germany ($89.6M), and Finland ($66.9M).

The fastest growing import markets in Cars for Sweden between 2018 and 2019 were Belgium ($151M), South Korea ($118M), and Netherlands ($67.3M).

Tariffs In 2019, the average tariff for Sweden in Cars was 7.53%. The countries with the highest import tariffs for Cars were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).

Historical Data

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EXPORTS (2019): $11.8B

In 2019, Sweden exported $11.8B in Cars. The main destinations of Sweden exports on Cars were United States ($2.15B), Germany ($1.39B), United Kingdom ($889M), Denmark ($870M), and China ($854M).

In N/A, Sweden imported N/A in Cars, mainly from Germany ($3.03B), Belgium ($1.86B), United Kingdom ($631M), South Korea ($486M), and France ($459M).

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IN 2019, Sweden HAD A POSITIVE NET TRADE IN Cars WITH:

IN N/A, Sweden HAD A NEGATIVE NET TRADE IN Cars WITH:

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THE FASTEST GROWING Cars EXPORT MARKETS FOR Sweden WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Sweden WERE (2018 - 2019):

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Market Concentration

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In 2019, Sweden's main exporting competitors in Cars were:

In 2019, Sweden's main importing competitors in Cars were:

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Tariffs by Country

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In 2019, the average tariff for Sweden in Cars was 7.53%.

The countries with the highest tariffs for Cars in Sweden were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).