United Kingdom-Sweden Trade: In 2022, United Kingdom exported $7.21B to Sweden. The main products that United Kingdom exported to Sweden were Crude Petroleum ($1.94B), Stainless Steel Ingots ($513M), and Cars ($434M). Over the past 5 years the exports of United Kingdom to Sweden have increased at an annualized rate of 0.47%, from $7.04B in 2017 to $7.21B in 2022.
In 2019, United Kingdom exported services to Sweden worth $5.21B, with Other business services ($2.51B), Travel ($1.05B), and Financial services ($830M) being the largest in terms of value.
Sweden-United Kingdom Trade: In 2022, Sweden exported $10.6B to United Kingdom. The main products that Sweden exported to United Kingdom were Refined Petroleum ($1.71B), Sawn Wood ($915M), and Gold ($840M). Over the past 5 years the exports of Sweden to United Kingdom have increased at an annualized rate of 2.71%, from $9.3B in 2017 to $10.6B in 2022.
In 2020, Sweden exported services to United Kingdom worth $6.41B, with Other business services ($2.26B), Royalties and license fees ($1.58B), and Computer and information services ($1.13B) being the largest in terms of value.
Comparison: In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).