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2022
Flag → Flag
Exports $721MRnk 38 / 217
2022
Flag → Flag
Top Product $122MDelivery Trucks
2022
Flag → Flag
Exports $202MRnk 39 / 187
2022
Flag → Flag
Top Product $22.7MPotassic Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag  
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$522BCURRENT US$
Rnk 27 / 186
2012-2022
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GDP GROWTH99%CURRENT US$
Rnk 14 / 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$54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186

About

Sweden-Israel Trade: In 2022, Sweden exported $721M to Israel. The main products that Sweden exported to Israel were Delivery Trucks ($122M), Packaged Medicaments ($57M), and Large Construction Vehicles ($44.1M). Over the past 5 years the exports of Sweden to Israel have increased at an annualized rate of 9.93%, from $449M in 2017 to $721M in 2022.

In 2009, Sweden exported services to Israel worth $190M, with Services not allocated ($95.1M), Other business services ($50.7M), and Transportation ($19.4M) being the largest in terms of value.

Israel-Sweden Trade: In 2022, Israel exported $202M to Sweden. The main products that Israel exported to Sweden were Potassic Fertilizers ($22.7M), Video Recording Equipment ($22.5M), and Broadcasting Accessories ($12.4M). Over the past 5 years the exports of Israel to Sweden have increased at an annualized rate of 7.96%,  from $138M in 2017 to $202M in 2022.

In 2012, Israel exported services to Sweden worth $11.3M, with Computer and information services ($11.3M) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK366M and imported SEK89.2M from Israel, resulting in a positive trade balance of SEK277M. Between May 2023 and May 2024 the exports of Sweden have increased by SEK74.6M (25.6%) from SEK291M to SEK366M, while imports increased by SEK3.47M (4.04%) from SEK85.8M to SEK89.2M.

Trade In May 2024, the top exports of Sweden to Israel were Gas Turbines (SEK203M), Sawn Wood (SEK33.2M), Cars (SEK30.4M), Motor vehicle (8701 to 8705) chassis... (SEK28.1M), and Uncoated Paper (SEK13.9M). In May 2024 the top imports of Sweden from Israel were Broadcasting Accessories (SEK11.1M), Other Edible Preparations (SEK10.6M), Air Conditioners (SEK6.93M), Batteries (SEK6.63M), and Tropical Fruits (SEK4.85M).

Growth In May 2024, the increase in Sweden's year-by-year exports to Israel was explained primarily by an increase in product exports in Gas Turbines (SEK203M or 725k%), Sawn Wood (SEK19.5M or 143%), and Cars (SEK8.92M or 41.5%). In May 2024, the increase in Sweden's year-by-year imports  from Israel was explained primarily by an increase in product imports  in Other Edible Preparations (SEK7.25M or 216%), Batteries (SEK3.29M or 98.1%), and Tropical Fruits (SEK3.19M or 191%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK74.6M(25.6%)
IMPORT GROWTH (May 2023 - May 2024)SEK3.47M(4.04%)

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 Israel and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $721M to Israel. The main products exported from Sweden to Israel were Delivery Trucks ($122M), Packaged Medicaments ($57M), and Large Construction Vehicles ($44.1M). During the last 5 years the exports of Sweden to Israel have increased at an annualized rate of 9.93%, from $449M in 2017 to $721M in 2022.

In 2017, Israel exported $202M to Sweden. The main products exported from Israel to Sweden were Potassic Fertilizers ($22.7M), Video Recording Equipment ($22.5M), and Broadcasting Accessories ($12.4M). During the last 5 years the exports of Israel to Sweden have increased at an annualized rate of 7.96%, from $138M in 2022 to $202M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Israel
Top DestinationUnited States$20.3B

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

In 2022, countries that imported more from Sweden than Israel included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

In 2022, countries that imported more from Israel than Sweden included Palestine ($4.6B), Ireland ($3.86B), and United States ($20.3B).

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

Comparative Advantage Sweden - Israel

Flow
Scale

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

During 2022, Sweden had a large net trade with Israel in the exports of Transportation ($221M), Machines ($192M), and Chemical Products ($99.9M).

During 2017, Israel had a large net trade with Sweden in the exports of Machines ($88.8M), Chemical Products ($33.2M), and Plastics and Rubbers ($16.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Israel+$44.9MCars
Top Product Potential Israel Sweden+$11.6MTelephones

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

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

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