2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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

Sweden-Aruba Trade: In 2022, Sweden exported $1.57M to Aruba. The main products that Sweden exported to Aruba were Documents of title (bonds etc) and unused stamps ($505k), Fork-Lifts ($484k), and Hard Liquor ($198k). Over the past 5 years the exports of Sweden to Aruba have increased at an annualized rate of 21.9%, from $585k in 2017 to $1.57M in 2022.

In 2022, Sweden did not export any services to Aruba.

Aruba-Sweden Trade: In 2022, Aruba exported $35.2k to Sweden. The main products that Aruba exported to Sweden were Chemical Analysis Instruments ($34.3k), Base Metal Watches ($494), and Other Aluminium Products ($194). Over the past 5 years the exports of Aruba to Sweden have decreased at an annualized rate of 36.6%,  from $344k in 2017 to $35.2k in 2022.

In 2022, Aruba did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.57M to Aruba. The main products exported from Sweden to Aruba were Documents of title (bonds etc) and unused stamps ($505k), Fork-Lifts ($484k), and Hard Liquor ($198k). During the last 5 years the exports of Sweden to Aruba have increased at an annualized rate of 21.9%, from $585k in 2017 to $1.57M in 2022.

In 2017, Aruba exported $35.2k to Sweden. The main products exported from Aruba to Sweden were Chemical Analysis Instruments ($34.3k), Base Metal Watches ($494), and Other Aluminium Products ($194). During the last 5 years the exports of Aruba to Sweden have decreased at an annualized rate of 36.6%, from $344k in 2022 to $35.2k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Aruba
Top Destination
Colombia$49M

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

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

In 2022, countries that imported more from Aruba than Sweden included Curaçao ($5.8M) and Bonaire ($1.48M).

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

Comparative Advantage Sweden - Aruba

Flow
Scale

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

During 2022, Sweden had a large net trade with Aruba in the exports of Machines ($599k), Paper Goods ($505k), and Foodstuffs ($198k).

During 2017, Aruba had a large net trade with Sweden in the exports of Instruments ($34.8k), Metals ($194), and Footwear and Headwear ($99).

Economic Complexity

Competitive Landscape

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

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

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