Finland (FIN) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Finland-Sweden In 2022, Finland exported $9.1B to Sweden. The main products that Finland exported to Sweden are Refined Petroleum ($1.86B), Coated Flat-Rolled Iron ($227M), and Flat Flat-Rolled Steel ($207M). During the last 27 years the exports of Finland to Sweden have increased at an annualized rate of 3.01%, from $4.09B in 1995 to $9.1B in 2022.

In 2020, Finland exported services to Sweden worth $3.21B, with Other business services ($1.1B), Computer and information services ($914M), and Transportation ($512M) being the largest in terms of value.

Sweden-Finland In 2022, Sweden exported $13.4B to Finland. The main products that Sweden exported to Finland were Refined Petroleum ($2.3B), Electricity ($1.75B), and Cars ($591M). During the last 27 years the exports of Sweden to Finland have increased at an annualized rate of 4.84%, from $3.74B in 1995 to $13.4B in 2022.

In 2020, Sweden exported services to Finland worth $4.09B, with Other business services ($1.41B), Transportation ($983M), and Computer and information services ($493M) being the largest in terms of value.

Comparison In 2022, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $9.1B to Sweden. The main products exported from Finland to Sweden were Refined Petroleum ($1.86B), Coated Flat-Rolled Iron ($227M), and Flat Flat-Rolled Steel ($207M). During the last 27 years the exports of Finland to Sweden have increased at an annualized rate of 3.01%, from $4.09B in 1995 to $9.1B in 2022.

In 2022, Sweden exported $13.4B to Finland. The main products exported from Sweden to Finland were Refined Petroleum ($2.3B), Electricity ($1.75B), and Cars ($591M). During the last 27 years the exports of Sweden to Finland have increased at an annualized rate of 4.84%, from $3.74B in 1995 to $13.4B in 2022.

Exports from Finland () to Sweden () (2022)

Exports from Sweden () to Finland () (2022)

Latest Data

Trade between Finland () and Sweden ()

Finland Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Sweden
Top DestinationGermany$19.2B

This map shows whether countries import more from Finland or Sweden. Each country is colored based on the difference in imports they receive from Finland and Sweden or the difference in the growth in imports.

In 2021, countries that imported more from Finland than Sweden were Estonia ($3.58B), Russia ($2.14B), and Latvia ($903M).

In 2021, countries that imported more from Sweden than Finland were Norway ($18.7B), Denmark ($14.6B), and Germany ($19.2B).

Difference in imports from Sweden () and Finland () (2022)

Comparative Advantage Finland - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Finland and Sweden by product, considering products traded by both, Finland and Sweden.

During 2022, Finland had a large net trade with Sweden in the exports of Mineral Products ($2.17B), Metals ($1.82B), and Machines ($1.34B).

During 2022, Sweden had a large net trade with Finland in the exports of Mineral Products ($4.94B), Machines ($2.54B), and Transportation ($1.17B).

Service Trade

Bilateral Service Trade

Swe Year

Fin Year

In 2020, Finland exported services to Sweden worth $3.21B, with Other business services ($1.1B), Computer and information services ($914M), and Transportation ($512M) being the largest in terms of value.

In 2020, Sweden exported services to Finland worth $4.09B, with Other business services ($1.41B), Transportation ($983M), and Computer and information services ($493M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland () to Sweden () (2020)

Services Exports from Sweden () to Finland () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Finland has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Finland.

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Sweden () (2022)

Exports from Sweden () to Finland () (2022)

Latest Data

Trade between Finland () and Sweden ()

Finland Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Finland () (2022)

Comparative Advantage Finland - Sweden

Service Trade

Bilateral Service Trade

Services Exports from Finland () to Sweden () (2020)

Services Exports from Sweden () to Finland () (2020)

Economic Complexity

Competitive Landscape

Product Space of Finland () and Sweden () (2022)

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