2022
Exports
$11.9BWorld Rnk 16 / 210
Flag Rnk 2 / 1212
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$9.84BWorld Rnk 19 / 224
Flag Rnk 2 / 1213
2022
ECONOMIC COMPLEXITY of Sweden
1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $11.9B in Cars, making it the 16th largest exporter of Cars in the world. At the same year, Cars was the 2nd most exported product in Sweden. The main destination of Cars exports from Sweden are: United States ($3.4B), Germany ($997M), China ($944M), Denmark ($807M), and Finland ($591M).

The fastest growing export markets for Cars of Sweden between 2021 and 2022 were United States ($573M), Italy ($142M), and Japan ($127M).

Imports In 2022, Sweden imported $9.84B in Cars, becoming the 19th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Sweden. Sweden imports Cars primarily from: Germany ($3.24B), Belgium ($2.48B), Czechia ($613M), South Korea ($483M), and United Kingdom ($434M).

The fastest growing import markets in Cars for Sweden between 2021 and 2022 were Belgium ($217M), Japan ($134M), and Czechia ($76.2M).

COMPANIES In 2023, leading companies such as Volvo (86) were at the forefront of shipping Cars from Sweden to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)SEK-3.43M(-0.038%)
IMPORT GROWTH (August 2023 - August 2024)SEK-1.17B(-14.2%)
MAIN EXPORTER (August 2024)undefined15.9B
MAIN DESTINATION (August 2024)United StatesSEK2.9B

This section shows Cars's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.9B
IMPORTS (2022)$9.84B
NET TRADE (2022)$2.09B

In 2022, Sweden exported $11.9B in Cars. The main destinations of Sweden exports on Cars were United States ($3.4B), Germany ($997M), China ($944M), Denmark ($807M), and Finland ($591M).

In 2022, Sweden imported $9.84B in Cars, mainly from Germany ($3.24B), Belgium ($2.48B), Czechia ($613M), South Korea ($483M), and United Kingdom ($434M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
United States$573M (20.2%)
Italy$142M (90.2%)
Japan$127M (80.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Sweden WERE (2021 - 2022):
Denmark-$270M (-25%)
Germany-$252M (-20.2%)
China-$234M (-19.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Cars were:
In 2022, Sweden's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $602M
TOP IMPORT POTENTIALJapan+ $199M

Cars’s highest export potential is United States. With an export gap of $602M.   Cars’s highest import potential is Japan with an import gap of $199M.

See methodology.

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