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2022
Flag → Flag
Exports $3.76BRnk 17 / 218
2022
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Top Product $359MCars
2022
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Exports $4.03BRnk 13 / 217
2022
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Top Product $593MNon-fillet Fresh Fish
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Spain-Sweden Trade: In 2022, Spain exported $3.76B to Sweden. The main products that Spain exported to Sweden were Cars ($359M), Motor vehicles; parts and accessories (8701 to 8705) ($141M), and Delivery Trucks ($123M). Over the past 5 years the exports of Spain to Sweden have increased at an annualized rate of 8.68%, from $2.48B in 2017 to $3.76B in 2022.

In 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) being the largest in terms of value.

Sweden-Spain Trade: In 2022, Sweden exported $4.03B to Spain. The main products that Sweden exported to Spain were Non-fillet Fresh Fish ($593M), Packaged Medicaments ($232M), and Cars ($230M). Over the past 5 years the exports of Sweden to Spain have increased at an annualized rate of 1.7%,  from $2.93B in 2017 to $4.03B in 2022.

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €187M and imported €219M from Sweden, resulting in a negative trade balance of €32.1M. Between August 2023 and August 2024 the exports of Spain have decreased by €-57.4M (-23.5%) from €245M to €187M, while imports decreased by €-33.5M (-13.3%) from €253M to €219M.

Trade In August 2024, the top exports of Spain to Sweden were Cars (€25.5M), Motor vehicles; parts and accessories (8701... (€14.2M), Delivery Trucks (€12.3M), Citrus (€11.5M), and Large Flat-Rolled Stainless Steel (€9.67M). In August 2024 the top imports of Spain from Sweden were Cars (€51.6M), Packaged Medicaments (€49.1M), Delivery Trucks (€25.1M), Non-fillet Fresh Fish (€22.1M), and Sulfate Chemical Woodpulp (€18.8M).

Origins In August 2024 the exports of Spain were mainly from Barcelona (€41.2M), Madrid (€15.7M), Murcia (€11.6M), Navarra (€9.98M), and Zaragoza (€9.17M), while imports destinations were mainly Madrid (€55M), Barcelona (€36M), Guipúzcoa (€24.3M), Zaragoza (€17.3M), and Lleida (€10.9M).

Growth In August 2024, the decrease in Spain's year-by-year exports to Sweden was explained primarily by an decrease in product exports in Other Engines (€-13.4M or -99.7%), Polyacetals (€-3.28M or -77.4%), and Raw Plastic Sheeting (€-3.17M or -77.9%). In August 2024, the decrease in Spain's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Telephones (€-4.9M or -84.8%), Sawn Wood (€-2.11M or -53.6%), and Hot-Rolled Iron (€-1.81M or -36%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-57.4M(-23.5%)
IMPORT GROWTH (August 2023 - August 2024)€-33.5M(-13.3%)
MAIN EXPORTER (August 2024)Barcelona€41.2M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Sweden and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sweden and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.76B to Sweden. The main products exported from Spain to Sweden were Cars ($359M), Motor vehicles; parts and accessories (8701 to 8705) ($141M), and Delivery Trucks ($123M). During the last 5 years the exports of Spain to Sweden have increased at an annualized rate of 8.68%, from $2.48B in 2017 to $3.76B in 2022.

In 2017, Sweden exported $4.03B to Spain. The main products exported from Sweden to Spain were Non-fillet Fresh Fish ($593M), Packaged Medicaments ($232M), and Cars ($230M). During the last 5 years the exports of Sweden to Spain have increased at an annualized rate of 1.7%, from $2.93B in 2022 to $4.03B in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Sweden
Top DestinationGermany$19.2B

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

In 2022, countries that imported more from Spain than Sweden included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

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

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

Comparative Advantage Spain - Sweden

Flow
Scale

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

During 2022, Spain had a large net trade with Sweden in the exports of Machines ($800M), Transportation ($773M), and Metals ($411M).

During 2017, Sweden had a large net trade with Spain in the exports of Animal Products ($757M), Machines ($617M), and Paper Goods ($547M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Sweden+$163MCars
Top Product Potential Sweden Spain+$148MCars

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 2009, Spain exported services to Sweden worth $3.09B, with Services not allocated ($1.72B), Travel ($1.13B), and Transportation ($241M) being the largest in terms of value.

In 2020, Sweden exported services to Spain worth $1.08B, with Personal, cultural, and recreational services ($290M), Other business services ($246M), and Computer and information services ($234M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Sweden (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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