2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Brazil-Sweden Trade: In 2022, Brazil exported $823M to Sweden. The main products that Brazil exported to Sweden were Copper Ore ($351M), Coffee ($148M), and Crude Petroleum ($50.6M). Over the past 5 years the exports of Brazil to Sweden have increased at an annualized rate of 11.2%, from $483M in 2017 to $823M in 2022.

In 2022, Brazil did not export any services to Sweden.

Sweden-Brazil Trade: In 2022, Sweden exported $1.87B to Brazil. The main products that Sweden exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($262M), Planes, Helicopters, and/or Spacecraft ($242M), and Packaged Medicaments ($70.5M). Over the past 5 years the exports of Sweden to Brazil have increased at an annualized rate of 12.1%,  from $1.06B in 2017 to $1.87B in 2022.

In 2020, Sweden exported services to Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $823M to Sweden. The main products exported from Brazil to Sweden were Copper Ore ($351M), Coffee ($148M), and Crude Petroleum ($50.6M). During the last 5 years the exports of Brazil to Sweden have increased at an annualized rate of 11.2%, from $483M in 2017 to $823M in 2022.

In 2017, Sweden exported $1.87B to Brazil. The main products exported from Sweden to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($262M), Planes, Helicopters, and/or Spacecraft ($242M), and Packaged Medicaments ($70.5M). During the last 5 years the exports of Sweden to Brazil have increased at an annualized rate of 12.1%, from $1.06B in 2022 to $1.87B in 2017.

Exports from Brazil (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Brazil than Sweden included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Sweden than Brazil included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

Difference in imports from Sweden (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Sweden

Flow
Scale

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

During 2022, Brazil had a large net trade with Sweden in the exports of Mineral Products ($402M), Vegetable Products ($149M), and Machines ($101M).

During 2017, Sweden had a large net trade with Brazil in the exports of Machines ($613M), Transportation ($608M), and Metals ($206M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Sweden+$89.4MCrude Petroleum
Top Product Potential Sweden Brazil+$57.9MRefined Petroleum

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 Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Sweden (Flag) (2022)

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