Japan-Sweden Trade: In 2023, Japan exported $1.54B to Sweden. The main products that Japan exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($384M), Cars ($203M), and Rubber Tires ($113M). Over the past 5 years the exports of Japan to Sweden have decreased at an annualized rate of 4.75%, from $1.97B in 2018 to $1.54B in 2023.
In 2009, Japan exported services to Sweden worth $1.48B, with Services not allocated ($736M), Other business services ($463M), and Royalties and license fees ($123M) being the largest in terms of value.
Sweden-Japan Trade: In 2023, Sweden exported $2.67B to Japan. The main products that Sweden exported to Japan were Packaged Medicaments ($707M), Cars ($209M), and Video Recording Equipment ($200M). Over the past 5 years the exports of Sweden to Japan have decreased at an annualized rate of 0.18%, from $2.75B in 2018 to $2.67B in 2023.
In 2020, Sweden exported services to Japan worth $892M, with Computer and information services ($513M), Royalties and license fees ($92.2M), and Personal, cultural, and recreational services ($89.9M) being the largest in terms of value.
Comparison: In 2023, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).