2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

North Korea-Sweden Trade: In 2023, North Korea exported $1.04k to Sweden. The main products that North Korea exported to Sweden were Cleaning Products ($754), Pasta ($94), and Waxes ($94). Over the past 5 years the exports of North Korea to Sweden have decreased at an annualized rate of 62.9%, from $148k in 2018 to $1.04k in 2023.

In 2023, North Korea did not export any services to Sweden.

Sweden-North Korea Trade: In 2023, Sweden exported $53.8k to North Korea. The main products that Sweden exported to North Korea were N/A. Over the past 5 years the exports of Sweden to North Korea have increased at an annualized rate of 43.7%,  from $8.79k in 2018 to $53.8k in 2023.

In 2023, Sweden did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $1.04k to Sweden. The main products exported from North Korea to Sweden were Cleaning Products ($754), Pasta ($94), and Waxes ($94). During the last 5 years the exports of North Korea to Sweden have decreased at an annualized rate of 62.9%, from $148k in 2018 to $1.04k in 2023.

In 2017, Sweden exported $53.8k to North Korea. There were not main exports from Sweden to North Korea in 2017. During the last 5 years the exports of Sweden to North Korea have increased at an annualized rate of 43.7%, from $8.79k in 2022 to $53.8k in 2017.

Exports from North Korea (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from North Korea than Sweden included Fiji ($3.88M), Samoa ($962k), and Grenada ($877k).

In 2023, countries that imported more from Sweden than North Korea included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

Difference in imports from Sweden (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Sweden

Flow
Scale

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

During 2023, North Korea had a large net trade with Sweden in the exports of Chemical Products ($942) and Foodstuffs ($94).

During 2017, Sweden had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Sweden (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with