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Pricing

2022
Flag → Flag
Exports $1.87BRnk 18 / 217
2022
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Top Product $262MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Exports $823MRnk 53 / 223
2022
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Top Product $351MCopper Ore
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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Economic Complexity (ECI) ECI 0.29Rnk 49 / 124
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Sweden-Brazil In 2022, Sweden exported $1.87B to Brazil. The main products that Sweden exported to Brazil are Motor vehicles; parts and accessories (8701 to 8705) ($262M), Planes, Helicopters, and/or Spacecraft ($242M), and Packaged Medicaments ($70.5M). During the last 27 years the exports of Sweden to Brazil have increased at an annualized rate of 4.38%, from $588M in 1995 to $1.87B in 2022.

In 2020, Sweden exported services to Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Brazil-Sweden In 2022, Brazil exported $823M to Sweden. The main products that Brazil exported to Sweden were Copper Ore ($351M), Coffee ($148M), and Crude Petroleum ($50.6M). During the last 27 years the exports of Brazil to Sweden have increased at an annualized rate of 5.52%, from $193M in 1995 to $823M in 2022.

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

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK1.28B and imported SEK495M from Brazil, resulting in a positive trade balance of SEK786M. Between December 2022 and December 2023 the exports of Sweden have increased by SEK76.4M (6.34%) from SEK1.2B to SEK1.28B, while imports decreased by SEK-340M (-40.7%) from SEK836M to SEK495M.

Trade In December 2023, the top exports of Sweden to Brazil were Motor vehicles; parts and accessories (8701... (SEK155M), Vaccines, blood, antisera, toxins and cultures (SEK50.4M), Packaged Medicaments (SEK49.9M), Other Construction Vehicles (SEK48.2M), and Excavation Machinery (SEK47.5M). In December 2023 the top imports of Sweden from Brazil were Copper Ore (SEK277M), Coffee (SEK183M), Sulfate Chemical Woodpulp (SEK75.7M), Alcohol > 80% ABV (SEK64.4M), and Ferroalloys (SEK46.6M).

Growth In December 2023, the increase in Sweden's year-by-year exports to Brazil was explained primarily by an increase in product exports in Motor vehicles; parts and accessories (8701... (SEK56.7M or 57.6%), Vaccines, blood, antisera, toxins and cultures (SEK50.4M or 387k%), and Other Construction Vehicles (SEK38.8M or 415%). In December 2023, the decrease in Sweden's year-by-year imports  from Brazil was explained primarily by an decrease in product imports  in Telephones (SEK-23.9M or -95.5%), Plywood (SEK-20.6M or -87.4%), and Electric Motors (SEK-7.94M or -60.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK76.4M(6.34%)
IMPORT GROWTH (December 2022 - December 2023)SEK-340M(-40.7%)

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 Brazil and Sweden trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.87B to Brazil. The main products exported from Sweden to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($262M), Planes, Helicopters, and/or Spacecraft ($242M), and Packaged Medicaments ($70.5M). During the last 27 years the exports of Sweden to Brazil have increased at an annualized rate of 4.38%, from $588M in 1995 to $1.87B in 2022.

In 2022, Brazil exported $823M to Sweden. The main products exported from Brazil to Sweden were Copper Ore ($351M), Coffee ($148M), and Crude Petroleum ($50.6M). During the last 27 years the exports of Brazil to Sweden have increased at an annualized rate of 5.52%, from $193M in 1995 to $823M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Brazil
Top DestinationChina$90.1B

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

In 2021, countries that imported more from Sweden than Brazil were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2021, countries that imported more from Brazil than Sweden were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Sweden - Brazil

Flow
Scale

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

During 2022, Sweden had a large net trade with Brazil in the exports of Machines ($613M), Transportation ($608M), and Metals ($206M).

During 2022, Brazil had a large net trade with Sweden in the exports of Mineral Products ($402M), Vegetable Products ($149M), and Machines ($101M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Brazil worth $636M, with Personal, cultural, and recreational services ($303M), Other business services ($160M), and Communications services ($57.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Brazil (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sweden has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Sweden.

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

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