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Pricing

2022
Flag → Flag
Exports $28.6MRnk 108 / 217
2022
Flag → Flag
Top Product $14.5MBlank Audio Media
2022
Flag → Flag
Exports $15.6MRnk 34 / 158
2022
Flag → Flag
Top Product $9.75MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 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$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Sweden-Ethiopia Trade: In 2022, Sweden exported $28.6M to Ethiopia. The main products that Sweden exported to Ethiopia were Blank Audio Media ($14.5M), Other Plastic Products ($2M), and Broadcasting Equipment ($1.17M). Over the past 5 years the exports of Sweden to Ethiopia have decreased at an annualized rate of 8%, from $43.4M in 2017 to $28.6M in 2022.

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

Ethiopia-Sweden Trade: In 2022, Ethiopia exported $15.6M to Sweden. The main products that Ethiopia exported to Sweden were Coffee ($9.75M), Baked Goods ($2.88M), and Tanned Sheep Hides ($778k). Over the past 5 years the exports of Ethiopia to Sweden have increased at an annualized rate of 1.52%,  from $14.5M in 2017 to $15.6M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK1.13M and imported SEK6.48M from Ethiopia, resulting in a negative trade balance of SEK5.35M. Between May 2023 and May 2024 the exports of Sweden have decreased by SEK-312k (-21.7%) from SEK1.44M to SEK1.13M, while imports increased by SEK156k (2.47%) from SEK6.32M to SEK6.48M.

Trade In May 2024, the top exports of Sweden to Ethiopia were Bricks (SEK1.14M), Telephones (SEK757k), Mattresses (SEK680k), Kaolin Coated Paper (SEK492k), and Medical Furniture (SEK486k). In May 2024 the top imports of Sweden from Ethiopia were Baked Goods (SEK2.39M), Leather further prepared after tanning or... (SEK1.76M), Leather Apparel (SEK845k), Knit Babies' Garments (SEK300k), and Knit Socks and Hosiery (SEK251k).

Growth In May 2024, the decrease in Sweden's year-by-year exports to Ethiopia was explained primarily by an decrease in product exports in Insulated Wire (SEK-1.27M or -91.5%), Telephones (SEK-508k or -40.2%), and Computers (SEK-92k or -98.9%). In May 2024, the increase in Sweden's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Leather Apparel (SEK838k or 12k%), Baked Goods (SEK391k or 19.6%), and Knit Babies' Garments (SEK215k or 253%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK-312k(-21.7%)
IMPORT GROWTH (May 2023 - May 2024)SEK156k(2.47%)

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 Ethiopia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $28.6M to Ethiopia. The main products exported from Sweden to Ethiopia were Blank Audio Media ($14.5M), Other Plastic Products ($2M), and Broadcasting Equipment ($1.17M). During the last 5 years the exports of Sweden to Ethiopia have decreased at an annualized rate of 8%, from $43.4M in 2017 to $28.6M in 2022.

In 2017, Ethiopia exported $15.6M to Sweden. The main products exported from Ethiopia to Sweden were Coffee ($9.75M), Baked Goods ($2.88M), and Tanned Sheep Hides ($778k). During the last 5 years the exports of Ethiopia to Sweden have increased at an annualized rate of 1.52%, from $14.5M in 2022 to $15.6M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Sweden included Somalia ($265M), Djibouti ($86.8M), and Sudan ($39.1M).

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

Comparative Advantage Sweden - Ethiopia

Flow
Scale

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

During 2022, Sweden had a large net trade with Ethiopia in the exports of Machines ($20M), Chemical Products ($2.69M), and Plastics and Rubbers ($2.11M).

During 2017, Ethiopia had a large net trade with Sweden in the exports of Vegetable Products ($10.1M), Foodstuffs ($2.91M), and Animal Hides ($1.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Ethiopia+$3.16MTelephones
Top Product Potential Ethiopia Sweden+$8.49MCoffee

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 Ethiopia. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Sweden.

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

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