2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 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
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186

About

Sweden-Brunei Trade: In 2022, Sweden exported $1.67M to Brunei. The main products that Sweden exported to Brunei were Electric Batteries ($372k), Weapons Parts and Accessories ($198k), and Iron Pipes ($103k). Over the past 5 years the exports of Sweden to Brunei have decreased at an annualized rate of 18.4%, from $4.6M in 2017 to $1.67M in 2022.

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

Brunei-Sweden Trade: In 2022, Brunei exported $150k to Sweden. The main products that Brunei exported to Sweden were Plywood ($75.7k), Video Recording Equipment ($43.9k), and Hydrometers ($21.3k). Over the past 5 years the exports of Brunei to Sweden have decreased at an annualized rate of 1.03%,  from $175k in 2017 to $150k in 2022.

In 2022, Brunei 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, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.67M to Brunei. The main products exported from Sweden to Brunei were Electric Batteries ($372k), Weapons Parts and Accessories ($198k), and Iron Pipes ($103k). During the last 5 years the exports of Sweden to Brunei have decreased at an annualized rate of 18.4%, from $4.6M in 2017 to $1.67M in 2022.

In 2017, Brunei exported $150k to Sweden. The main products exported from Brunei to Sweden were Plywood ($75.7k), Video Recording Equipment ($43.9k), and Hydrometers ($21.3k). During the last 5 years the exports of Brunei to Sweden have decreased at an annualized rate of 1.03%, from $175k in 2022 to $150k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Brunei
Top Destination
Australia$2.66B

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

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

In 2022, countries that imported more from Brunei than Sweden included Malaysia ($1.37B), Australia ($2.66B), and Singapore ($1.97B).

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

Comparative Advantage Sweden - Brunei

Flow
Scale

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

During 2022, Sweden had a large net trade with Brunei in the exports of Machines ($866k), Metals ($224k), and Weapons ($198k).

During 2017, Brunei had a large net trade with Sweden in the exports of Wood Products ($75.7k), Machines ($44.6k), and Instruments ($21.3k).

Economic Complexity

Competitive Landscape

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

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

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