Electricity in Sweden | The Observatory of Economic Complexity

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Exports In 2022, Sweden exported $5.83B in Electricity, making it the 6th largest exporter of Electricity in the world. At the same year, Electricity was the 4th most exported product in Sweden. The main destination of Electricity exports from Sweden are: Finland ($1.75B), Denmark ($1.37B), Lithuania ($976M), Poland ($677M), and Norway ($545M).

The fastest growing export markets for Electricity of Sweden between 2021 and 2022 were Denmark ($716M), Finland ($714M), and Lithuania ($635M).

Imports In 2022, Sweden imported $969M in Electricity, becoming the 29th largest importer of Electricity in the world. At the same year, Electricity was the 31st most imported product in Sweden. Sweden imports Electricity primarily from: Norway ($749M), Denmark ($153M), Poland ($31.2M), Germany ($20M), and Lithuania ($11.6M).

The fastest growing import markets in Electricity for Sweden between 2021 and 2022 were Norway ($192M), Poland ($8.01M), and Finland ($2.96M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electricity from Sweden to the United States.

Latest Trends

December 2023

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Overview In December 2023 Sweden's Electricity exports accounted up to SEK2.1B and imports accounted up to SEK1.17B, resulting in a positive trade balance of SEK928M. Between December 2022 and December 2023 the exports of Sweden's Electricity have decreased by SEK-3.73B (-64%) from SEK5.83B to SEK2.1B, while imports decreased by SEK-2.75B (-70.2%) from SEK3.91B to SEK1.17B.

Destinations In December 2023, Electricity were exported mostly to Finland (SEK989M), Lithuania (SEK366M), Denmark (SEK298M), Norway (SEK241M), and Poland (SEK161M), and were imported mostly from Norway (SEK658M), Denmark (SEK293M), Poland (SEK107M), Germany (SEK104M), and Finland (SEK4.66M).

Growth In December 2023, the decrease in Electricity's year-by-year exports was explained primarily by a decrease in exports to Lithuania (SEK-85.2M or -18.8%) and Germany (SEK-47.7M or -15.5%). In December 2023, the decrease in Electricity's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-91.3M or -19.4%), Poland (SEK-9.88M or -73.7%), and Lithuania (SEK-2.5M or -30.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - December 2023)SEK-3.73B(-64%)

IMPORT GROWTH (December 2022 - December 2023)SEK-2.75B(-70.2%)

MAIN EXPORTER (December 2023)

MAIN DESTINATION (December 2023)FinlandSEK989M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.83B

IMPORTS (2022)$969M

NET TRADE (2022)$4.86B

In 2022, Sweden exported $5.83B in Electricity. The main destinations of Sweden exports on Electricity were Finland ($1.75B), Denmark ($1.37B), Lithuania ($976M), Poland ($677M), and Norway ($545M).

In 2022, Sweden imported $969M in Electricity, mainly from Norway ($749M), Denmark ($153M), Poland ($31.2M), Germany ($20M), and Lithuania ($11.6M).

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