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2022
Exports $5.83BWorld Rnk 6 / 98
Flag Rnk 4 / 1212
2022
Destination $716M Finland
2021 - 2022
FASTEST GROWING MARKET $716MDenmark
2022
PRODUCT COMPLEXITY IN Electricity-0.67Rnk 750 / 1025
2022
Imports $969MWorld Rnk 29 / 128
Flag Rnk 31 / 1213
2022
Origin $192M Norway
2021 - 2022
FASTEST GROWING ORIGIN $192MNorway
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

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).

Latest Trends

July 2024

About

Overview In July 2024 Sweden's Electricity exports accounted up to SEK328M and imports accounted up to SEK38M, resulting in a positive trade balance of SEK290M. Between July 2023 and July 2024 the exports of Sweden's   Electricity have decreased by SEK-1.01B (-75.4%) from SEK1.33B to SEK328M, while imports decreased by SEK-361M (-90.5%) from SEK399M to SEK38M.

Destinations In July 2024, Electricity were exported mostly to Denmark (SEK116M), Lithuania (SEK66M), Poland (SEK58.1M), Germany (SEK45.2M), and Norway (SEK31.1M), and were imported mostly from Finland (SEK20.8M), Norway (SEK12M), Lithuania (SEK2.34M), Denmark (SEK1.74M), and Poland (SEK596k).

Growth In July 2024, 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 July 2024, 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
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)SEK-1.01B(-75.4%)
IMPORT GROWTH (July 2023 - July 2024)SEK-361M(-90.5%)
MAIN EXPORTER (July 2024)undefined2.02B
MAIN DESTINATION (July 2024)DenmarkSEK116M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Denmark$716M (110%)
Finland$714M (68.8%)
Lithuania$635M (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Sweden WERE (2021 - 2022):Canada-$851 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Electricity were:
Germany $18B
France $11.1B
Switzerland $9.26B
In 2022, Sweden's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $120M
TOP IMPORT POTENTIALGermany+ $27.6M

Electricity’s highest export potential is Germany. With an export gap of $120M.   Electricity’s highest import potential is Germany with an import gap of $27.6M.

See methodology.

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