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2023
Flag → Flag
Exports $13.3MRnk 127 / 216
2023
Flag → Flag
Top Product $2.38MBroadcasting Equipment
2023
Flag → Flag
Exports $12.4MRnk 41 / 130
2023
Flag → Flag
Top Product $3.22MTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
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GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
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GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Sweden-Iran Trade: In 2023, Sweden exported $13.3M to Iran. The main products that Sweden exported to Iran were Broadcasting Equipment ($2.38M), Medical Instruments ($1.45M), and Other Plastic Products ($1.11M). Over the past 5 years the exports of Sweden to Iran have decreased at an annualized rate of 49.2%, from $395M in 2018 to $13.3M in 2023.

In 2009, Sweden exported services to Iran worth $160M, with Services not allocated ($79.9M), Other business services ($57.8M), and Computer and information services ($12.5M) being the largest in terms of value.

Iran-Sweden Trade: In 2023, Iran exported $12.4M to Sweden. The main products that Iran exported to Sweden were Tropical Fruits ($3.22M), Spices ($1.18M), and Knotted Carpets ($800k). Over the past 5 years the exports of Iran to Sweden have decreased at an annualized rate of 9.79%,  from $20.8M in 2018 to $12.4M in 2023.

In 2023, Iran did not export any services to Sweden.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK4.13M and imported SEK9.89M from Iran, resulting in a negative trade balance of SEK5.76M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-10.8M (-72.4%) from SEK15M to SEK4.13M, while imports decreased by SEK-4.34M (-30.5%) from SEK14.2M to SEK9.89M.

Trade In October 2024, the top exports of Sweden to Iran were Telephones (SEK6.01M), Other Edible Preparations (SEK4.29M), Centrifuges (SEK3.9M), Electrical Resistors (SEK2.23M), and Other Measuring Instruments (SEK1.67M). In October 2024 the top imports of Sweden from Iran were Tropical Fruits (SEK3.32M), Medical Instruments (SEK2.64M), Sauces and Seasonings (SEK907k), Tufted Carpets (SEK672k), and Packing Bags (SEK657k).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Iran was explained primarily by an decrease in product exports in Cutting Blades (SEK-483k or -86.4%), Washing and Bottling Machines (SEK-461k or -58.9%), and Liquid Dispersing Machines (SEK-183k or -94.3%). In October 2024, the decrease in Sweden's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Spices (SEK-1.6M or -83.3%), Packing Bags (SEK-674k or -50.6%), and Grapes (SEK-639k or -96.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-10.8M(-72.4%)
IMPORT GROWTH (October 2023 - October 2024)SEK-4.34M(-30.5%)

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 Iran and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iran and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $13.3M to Iran. The main products exported from Sweden to Iran were Broadcasting Equipment ($2.38M), Medical Instruments ($1.45M), and Other Plastic Products ($1.11M). During the last 5 years the exports of Sweden to Iran have decreased at an annualized rate of 49.2%, from $395M in 2018 to $13.3M in 2023.

In 2018, Iran exported $12.4M to Sweden. The main products exported from Iran to Sweden were Tropical Fruits ($3.22M), Spices ($1.18M), and Knotted Carpets ($800k). During the last 5 years the exports of Iran to Sweden have decreased at an annualized rate of 9.79%, from $20.8M in 2023 to $12.4M in 2018.

Exports from Sweden (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Sweden than Iran included United States ($18.1B), Germany ($18.4B), and Denmark ($14.4B).

In 2023, countries that imported more from Iran than Sweden included Pakistan ($943M), Armenia ($597M), and Azerbaijan ($473M).

Difference in imports from Iran (Flag) and Sweden (Flag) (2023)

Comparative Advantage Sweden - Iran

Flow
Scale

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

During 2023, Sweden had a large net trade with Iran in the exports of Machines ($7.22M), Instruments ($2.16M), and Plastics and Rubbers ($1.28M).

During 2018, Iran had a large net trade with Sweden in the exports of Vegetable Products ($6.41M), Foodstuffs ($2.1M), and Textiles ($1.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Iran+$5.27MTelephones
Top Product Potential Iran Sweden+$950kTropical Fruits

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

Product Space of Sweden (Flag) and Iran (Flag) (2023)

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