2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 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

Greece-Sweden Trade: In 2022, Greece exported $381M to Sweden. The main products that Greece exported to Sweden were Refined Petroleum ($93M), Utility Meters ($35.9M), and Cheese ($34.7M). Over the past 5 years the exports of Greece to Sweden have increased at an annualized rate of 10.3%, from $233M in 2017 to $381M in 2022.

In 2020, Greece exported services to Sweden worth $151M, with Transportation ($48.8M), Travel ($31.6M), and Other business services ($27.6M) being the largest in terms of value.

Sweden-Greece Trade: In 2022, Sweden exported $536M to Greece. The main products that Sweden exported to Greece were Packaged Medicaments ($77.9M), Broadcasting Equipment ($37.8M), and Cars ($32.1M). Over the past 5 years the exports of Sweden to Greece have increased at an annualized rate of 2.88%,  from $465M in 2017 to $536M in 2022.

In 2020, Sweden exported services to Greece worth $82.7M, with Computer and information services ($20.6M), Personal, cultural, and recreational services ($16M), and Insurance services ($10.6M) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $381M to Sweden. The main products exported from Greece to Sweden were Refined Petroleum ($93M), Utility Meters ($35.9M), and Cheese ($34.7M). During the last 5 years the exports of Greece to Sweden have increased at an annualized rate of 10.3%, from $233M in 2017 to $381M in 2022.

In 2017, Sweden exported $536M to Greece. The main products exported from Sweden to Greece were Packaged Medicaments ($77.9M), Broadcasting Equipment ($37.8M), and Cars ($32.1M). During the last 5 years the exports of Sweden to Greece have increased at an annualized rate of 2.88%, from $465M in 2022 to $536M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Sweden (Flag)

Greece Exports

Sweden Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Greece than Sweden included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

In 2022, countries that imported more from Sweden than Greece included Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

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

Comparative Advantage Greece - Sweden

Flow
Scale

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

During 2022, Greece had a large net trade with Sweden in the exports of Mineral Products ($106M), Instruments ($66.4M), and Animal Products ($41.1M).

During 2017, Sweden had a large net trade with Greece in the exports of Machines ($178M), Chemical Products ($104M), and Paper Goods ($53.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Sweden+$47MRefined Petroleum
Top Product Potential Sweden Greece+$30.7MCars

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, Greece exported services to Sweden worth $151M, with Transportation ($48.8M), Travel ($31.6M), and Other business services ($27.6M) being the largest in terms of value.

In 2020, Sweden exported services to Greece worth $82.7M, with Computer and information services ($20.6M), Personal, cultural, and recreational services ($16M), and Insurance services ($10.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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