Mexico-Sweden Trade: In 2022, Mexico exported $158M to Sweden. The main products that Mexico exported to Sweden were Orthopedic Appliances ($18.6M), Other Nickel Products ($15.8M), and Computers ($10.3M). Over the past 5 years the exports of Mexico to Sweden have increased at an annualized rate of 5.69%, from $120M in 2017 to $158M in 2022.
In 2022, Mexico did not export any services to Sweden.
Sweden-Mexico Trade: In 2022, Sweden exported $925M to Mexico. The main products that Sweden exported to Mexico were Motor vehicle (8701 to 8705) chassis fitted with engine ($63.5M), Packaged Medicaments ($55.8M), and Flat Flat-Rolled Steel ($51M). Over the past 5 years the exports of Sweden to Mexico have increased at an annualized rate of 2.78%, from $807M in 2017 to $925M in 2022.
In 2020, Sweden exported services to Mexico worth $324M, with Personal, cultural, and recreational services ($128M), Computer and information services ($93.8M), and Royalties and license fees ($41.1M) being the largest in terms of value.
Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).