Romania / Sweden

Romania-Sweden Trade: In 2023, Romania exported $693M to Sweden. The main products that Romania exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($102M), Prefabricated Buildings ($41.3M), and Broadcasting Equipment ($37.4M). Over the past 5 years the exports of Romania to Sweden have increased at an annualized rate of 5.63%, from $527M in 2018 to $693M in 2023.

In 2020, Romania exported services to Sweden worth $420M, with Other business services ($174M), Computer and information services ($99.7M), and Transportation ($87.8M) being the largest in terms of value.

Sweden-Romania Trade: In 2023, Sweden exported $786M to Romania. The main products that Sweden exported to Romania were Cars ($92.9M), Tractors ($34.5M), and Delivery Trucks ($29.1M). Over the past 5 years the exports of Sweden to Romania have increased at an annualized rate of 7.95%,  from $536M in 2018 to $786M in 2023.

In 2020, Sweden exported services to Romania worth $151M, with Other business services ($29.8M), Royalties and license fees ($28.6M), and Computer and information services ($28M) being the largest in terms of value.

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).