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2022
Flag → Flag
Exports $51MRnk 88 / 217
2022
Flag → Flag
Top Product $12.9MOther Uncoated Paper
2022
Flag → Flag
Exports $826MRnk 17 / 139
2022
Flag → Flag
Top Product $135MKnit Sweaters
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Sweden-Bangladesh Trade: In 2022, Sweden exported $51M to Bangladesh. The main products that Sweden exported to Bangladesh were Other Uncoated Paper ($12.9M), Coated Flat-Rolled Iron ($3.85M), and Scrap Iron ($3.66M). Over the past 5 years the exports of Sweden to Bangladesh have increased at an annualized rate of 1.34%, from $47.7M in 2017 to $51M in 2022.

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

Bangladesh-Sweden Trade: In 2022, Bangladesh exported $826M to Sweden. The main products that Bangladesh exported to Sweden were Knit Sweaters ($135M), Knit T-shirts ($133M), and Non-Knit Men's Suits ($83.2M). Over the past 5 years the exports of Bangladesh to Sweden have increased at an annualized rate of 10.9%,  from $493M in 2017 to $826M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Sweden exported SEK35.9M and imported SEK632M from Bangladesh, resulting in a negative trade balance of SEK596M. Between August 2023 and August 2024 the exports of Sweden have decreased by SEK-9.96M (-21.7%) from SEK45.9M to SEK35.9M, while imports increased by SEK7.7M (1.23%) from SEK624M to SEK632M.

Trade In August 2024, the top exports of Sweden to Bangladesh were Other Uncoated Paper (SEK9M), Combustion Engines (SEK6.17M), Coated Flat-Rolled Iron (SEK2.93M), High-voltage Protection Equipment (SEK2.53M), and Machinery Having Individual Functions (SEK1.46M). In August 2024 the top imports of Sweden from Bangladesh were Knit T-shirts (SEK95.9M), Knit Sweaters (SEK88.4M), Non-Knit Women's Suits (SEK67.4M), Non-Knit Men's Suits (SEK59.5M), and Knit Women's Suits (SEK45.1M).

Growth In August 2024, the decrease in Sweden's year-by-year exports to Bangladesh was explained primarily by an decrease in product exports in High-voltage Protection Equipment (SEK-7M or -73.4%), Textile Processing Machines (SEK-893k or -98.5%), and Electrical Transformers (SEK-541k or -89.4%). In August 2024, the increase in Sweden's year-by-year imports  from Bangladesh was explained primarily by an increase in product imports  in Non-Knit Men's Suits (SEK19.5M or 48.9%), Non-Knit Women's Suits (SEK17.1M or 33.9%), and Knit T-shirts (SEK9.7M or 11.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)SEK-9.96M(-21.7%)
IMPORT GROWTH (August 2023 - August 2024)SEK7.7M(1.23%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Bangladesh and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bangladesh and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $51M to Bangladesh. The main products exported from Sweden to Bangladesh were Other Uncoated Paper ($12.9M), Coated Flat-Rolled Iron ($3.85M), and Scrap Iron ($3.66M). During the last 5 years the exports of Sweden to Bangladesh have increased at an annualized rate of 1.34%, from $47.7M in 2017 to $51M in 2022.

In 2017, Bangladesh exported $826M to Sweden. The main products exported from Bangladesh to Sweden were Knit Sweaters ($135M), Knit T-shirts ($133M), and Non-Knit Men's Suits ($83.2M). During the last 5 years the exports of Bangladesh to Sweden have increased at an annualized rate of 10.9%, from $493M in 2022 to $826M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Sweden than Bangladesh included Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2022, countries that imported more from Bangladesh than Sweden included Spain ($4.41B), India ($2B), and Kuwait ($448M).

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

Comparative Advantage Sweden - Bangladesh

Flow
Scale

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

During 2022, Sweden had a large net trade with Bangladesh in the exports of Machines ($17.8M), Paper Goods ($16.1M), and Metals ($12.1M).

During 2017, Bangladesh had a large net trade with Sweden in the exports of Textiles ($804M), Footwear and Headwear ($9.02M), and Transportation ($3.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Bangladesh+$4.72MScrap Iron
Top Product Potential Bangladesh Sweden+$43.7MNon-Knit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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