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2022
Flag → Flag
Exports $846MRnk 36 / 217
2022
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Top Product $127MVaccines, blood, antisera, toxins and cultures
2022
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Exports $1.71BRnk 20 / 210
2022
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Top Product $276MBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
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$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 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$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Sweden-Ireland Trade: In 2022, Sweden exported $846M to Ireland. The main products that Sweden exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($127M), Refined Petroleum ($81.8M), and Cars ($48.7M). Over the past 5 years the exports of Sweden to Ireland have increased at an annualized rate of 5.44%, from $649M in 2017 to $846M in 2022.

In 2020, Sweden exported services to Ireland worth $1.73B, with Other business services ($719M), Computer and information services ($589M), and Personal, cultural, and recreational services ($117M) being the largest in terms of value.

Ireland-Sweden Trade: In 2022, Ireland exported $1.71B to Sweden. The main products that Ireland exported to Sweden were Broadcasting Equipment ($276M), Packaged Medicaments ($136M), and Computers ($129M). Over the past 5 years the exports of Ireland to Sweden have increased at an annualized rate of 4.83%,  from $1.35B in 2017 to $1.71B in 2022.

In 2020, Ireland exported services to Sweden worth $1.35B, with Other business services ($798M), Insurance services ($259M), and Financial services ($207M) being the largest in terms of value.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Latest Trends

July, 2024

About

Overview In July 2024, Sweden exported SEK408M and imported SEK1.47B from Ireland, resulting in a negative trade balance of SEK1.06B. Between July 2023 and July 2024 the exports of Sweden have increased by SEK28.2M (7.42%) from SEK380M to SEK408M, while imports increased by SEK249M (20.5%) from SEK1.22B to SEK1.47B.

Trade In July 2024, the top exports of Sweden to Ireland were Vaccines, blood, antisera, toxins and cultures (SEK346M), Cars (SEK83.9M), Non-fillet Fresh Fish (SEK43.9M), Paper Containers (SEK18M), and Hormones (SEK16.6M). In July 2024 the top imports of Sweden from Ireland were Computers (SEK614M), Video and Card Games (SEK382M), Telephones (SEK320M), Bovine Meat (SEK99M), and Scented Mixtures (SEK69.6M).

Growth In July 2024, the increase in Sweden's year-by-year exports to Ireland was explained primarily by an increase in product exports in Vaccines, blood, antisera, toxins and cultures (SEK341M or 6.84k%), Cars (SEK35.8M or 74.6%), and Non-fillet Fresh Fish (SEK15.5M or 54.7%). In July 2024, the increase in Sweden's year-by-year imports  from Ireland was explained primarily by an increase in product imports  in Computers (SEK380M or 163%), Video and Card Games (SEK379M or 11.7k%), and Telephones (SEK229M or 250%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)SEK28.2M(7.42%)
IMPORT GROWTH (July 2023 - July 2024)SEK249M(20.5%)

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 Ireland and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ireland and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $846M to Ireland. The main products exported from Sweden to Ireland were Vaccines, blood, antisera, toxins and cultures ($127M), Refined Petroleum ($81.8M), and Cars ($48.7M). During the last 5 years the exports of Sweden to Ireland have increased at an annualized rate of 5.44%, from $649M in 2017 to $846M in 2022.

In 2017, Ireland exported $1.71B to Sweden. The main products exported from Ireland to Sweden were Broadcasting Equipment ($276M), Packaged Medicaments ($136M), and Computers ($129M). During the last 5 years the exports of Ireland to Sweden have increased at an annualized rate of 4.83%, from $1.35B in 2022 to $1.71B in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Ireland
Top DestinationUnited States$70.7B

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

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

In 2022, countries that imported more from Ireland than Sweden included United States ($70.7B), Belgium ($17B), and Germany ($28.6B).

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

Comparative Advantage Sweden - Ireland

Flow
Scale

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

During 2022, Sweden had a large net trade with Ireland in the exports of Chemical Products ($180M), Machines ($164M), and Transportation ($96.9M).

During 2017, Ireland had a large net trade with Sweden in the exports of Machines ($704M), Chemical Products ($434M), and Animal Products ($195M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Ireland+$46.6MRefined Petroleum
Top Product Potential Ireland Sweden+$62.1MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Sweden exported services to Ireland worth $1.73B, with Other business services ($719M), Computer and information services ($589M), and Personal, cultural, and recreational services ($117M) being the largest in terms of value.

In 2020, Ireland exported services to Sweden worth $1.35B, with Other business services ($798M), Insurance services ($259M), and Financial services ($207M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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