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2023
Flag → Flag
Exports $49.2MRnk 81 / 168
2023
Flag → Flag
Top Product $21.7MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $350MRnk 54 / 216
2023
Flag → Flag
Top Product $47.2MElectric Motor Parts
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
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GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Argentina-Sweden Trade: In 2023, Argentina exported $49.2M to Sweden. The main products that Argentina exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($21.7M), Engine Parts ($10.6M), and Wine ($6.51M). Over the past 5 years the exports of Argentina to Sweden have increased at an annualized rate of 0.31%, from $48.4M in 2018 to $49.2M in 2023.

In 2023, Argentina did not export any services to Sweden.

Sweden-Argentina Trade: In 2023, Sweden exported $350M to Argentina. The main products that Sweden exported to Argentina were Electric Motor Parts ($47.2M), Refined Petroleum ($36M), and Packaged Medicaments ($15.8M). Over the past 5 years the exports of Sweden to Argentina have increased at an annualized rate of 2.63%,  from $256M in 2018 to $350M in 2023.

In 2020, Sweden exported services to Argentina worth $229M, with Personal, cultural, and recreational services ($128M), Other business services ($66.6M), and Computer and information services ($24.2M) being the largest in terms of value.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $49.2M to Sweden. The main products exported from Argentina to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($21.7M), Engine Parts ($10.6M), and Wine ($6.51M). During the last 5 years the exports of Argentina to Sweden have increased at an annualized rate of 0.31%, from $48.4M in 2018 to $49.2M in 2023.

In 2018, Sweden exported $350M to Argentina. The main products exported from Sweden to Argentina were Electric Motor Parts ($47.2M), Refined Petroleum ($36M), and Packaged Medicaments ($15.8M). During the last 5 years the exports of Sweden to Argentina have increased at an annualized rate of 2.63%, from $256M in 2023 to $350M in 2018.

Exports from Argentina (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Sweden (Flag)

Argentina Exports

Sweden Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Argentina than Sweden included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Sweden than Argentina included Germany ($18.4B), Denmark ($14.4B), and United States ($18.1B).

Difference in imports from Sweden (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Sweden

Flow
Scale

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

During 2023, Argentina had a large net trade with Sweden in the exports of Transportation ($21.7M), Machines ($11.8M), and Foodstuffs ($10.5M).

During 2018, Sweden had a large net trade with Argentina in the exports of Machines ($172M), Mineral Products ($36.4M), and Chemical Products ($31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Sweden+$8.67MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Sweden Argentina+$10.1MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Sweden exported services to Argentina worth $229M, with Personal, cultural, and recreational services ($128M), Other business services ($66.6M), and Computer and information services ($24.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Argentina (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Sweden. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Sweden. Similarly, a dot/product with the flag of Sweden indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Sweden (Flag) (2023)

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