Overview: In 2018 Sweden was the number 22 economy in the world in terms of GDP (current US$), the number 32 in total exports, the number 31 in total imports, and the number 7 most complex economy according to the Economic Complexity Index (ECI). In 2018, Sweden exported $162B and imported $160B, resulting in a positive trade balance of $2.37B. In 2018, Sweden's exports per capita were $16k and its imports per capita were $15.7k.
Trade: The top exports of Sweden are Cars ($11.9B), Refined Petroleum ($10B), Packaged Medicaments ($6.9B), Vehicle Parts ($5.6B), and Broadcasting Equipment ($3.74B). The top imports of Sweden are Cars ($8.81B), Crude Petroleum ($8.75B), Refined Petroleum ($6.87B), Vehicle Parts ($6.42B), and Broadcasting Equipment ($5.17B).
Destinations: Sweden exports mostly to Germany ($17.4B), Norway ($15.2B), Denmark ($11.2B), United States ($11.1B), and Netherlands ($9.44B), and imports mostly from Germany ($30B), Netherlands ($13.8B), Denmark ($11.2B), Norway ($9.8B), and China ($7.92B).
Location: Sweden borders Finland and Norway by land and Denmark, Estonia, Germany, Latvia, Lithuania, Poland, and Russia by sea.