Electricity in Sweden 2021 Exports | Imports : $2.7B | $808M, World Rnk 7 / 97 Rnk 11 / 1209 | World Rnk 24 / 118 Rnk 42 / 1211
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $612M | $368M, Finland | Norway
2021 ECONOMIC COMPLEXITY of Sweden: 1.54, Rnk 8 / 131
2021 PRODUCT COMPLEXITY IN Electricity: -0.7, Rnk 749 / 1029
Exports In 2021, Sweden exported $2.7B in Electricity, making it the 7th largest exporter of Electricity in the world. At the same year, Electricity was the 11th most exported product in Sweden. The main destination of Electricity exports from Sweden are: Finland ($1.03B), Denmark ($650M), Lithuania ($327M), Poland ($299M), and Germany ($214M).
The fastest growing export markets for Electricity of Sweden between 2020 and 2021 were Finland ($612M), Denmark ($500M), and Lithuania ($191M).
Imports In 2021, Sweden imported $808M in Electricity, becoming the 24th largest importer of Electricity in the world. At the same year, Electricity was the 42nd most imported product in Sweden. Sweden imports Electricity primarily from: Norway ($567M), Denmark ($158M), Lithuania ($33.8M), Germany ($25.9M), and Poland ($23M).
The fastest growing import markets in Electricity for Sweden between 2020 and 2021 were Norway ($368M), Denmark ($121M), and Lithuania ($27.7M).
December 2022
Overview In December 2022 Sweden's Electricity exports accounted up to SEK5.83B and imports accounted up to SEK3.91B, resulting in a positive trade balance of SEK1.92B. Between December 2021 and December 2022 the exports of Sweden's Electricity have increased by SEK1.76B (43.3%) from SEK4.07B to SEK5.83B, while imports increased by SEK1.95B (99%) from SEK1.97B to SEK3.91B.
Destinations In December 2022, Electricity were exported mostly to Finland (SEK2.43B), Denmark (SEK1.39B), Lithuania (SEK839M), Poland (SEK676M), and Norway (SEK263M), and were imported mostly from Norway (SEK2.92B), Denmark (SEK684M), Poland (SEK177M), Lithuania (SEK94.6M), and Finland (SEK21.1M).
Growth In December 2022, the increase in Electricity's year-by-year exports was explained primarily by an increase in exports to Denmark (SEK446M or 194%), Lithuania (SEK309M or 215%), and Poland (SEK246M or 192%). In December 2022, the increase in Electricity's year-by-year imports was explained primarily by an increase in imports from Denmark (SEK22.2M or 14.8%) and Poland (SEK4.1M or 44.1%).
EXPORT GROWTH (December 2021 - December 2022): SEK1.76B, (43.3%)
IMPORT GROWTH (December 2021 - December 2022): SEK1.95B, (99%)
MAIN DESTINATION (December 2022): Finland, SEK2.43B
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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EXPORTS (2021): $2.7B
IMPORTS (2021): $808M
NET TRADE (2021): $1.9B
In 2021, Sweden exported $2.7B in Electricity. The main destinations of Sweden exports on Electricity were Finland ($1.03B), Denmark ($650M), Lithuania ($327M), Poland ($299M), and Germany ($214M).
In 2021, Sweden imported $808M in Electricity, mainly from Norway ($567M), Denmark ($158M), Lithuania ($33.8M), Germany ($25.9M), and Poland ($23M).
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Sweden WERE (2020 - 2021):
In 2021, Sweden's main exporting competitors in Electricity were:
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