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2022
Flag → Flag
Exports $228MRnk 61 / 217
2022
Flag → Flag
Top Product $25.2MTractors
2022
Flag → Flag
Exports $130MRnk 48 / 146
2022
Flag → Flag
Top Product $39.2MFerroalloys
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH6.07%CURRENT US$
Rnk 150 / 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$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

Sweden-Kazakhstan Trade: In 2022, Sweden exported $228M to Kazakhstan. The main products that Sweden exported to Kazakhstan were Tractors ($25.2M), Excavation Machinery ($17M), and Broadcasting Equipment ($16.8M). Over the past 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 9.7%, from $144M in 2017 to $228M in 2022.

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

Kazakhstan-Sweden Trade: In 2022, Kazakhstan exported $130M to Sweden. The main products that Kazakhstan exported to Sweden were Ferroalloys ($39.2M), Refined Petroleum ($33.4M), and Computers ($20.5M). Over the past 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 7.54%,  from $192M in 2017 to $130M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK171M and imported SEK11M from Kazakhstan, resulting in a positive trade balance of SEK160M. Between May 2023 and May 2024 the exports of Sweden have decreased by SEK-178M (-51.1%) from SEK349M to SEK171M, while imports decreased by SEK-70.4M (-86.5%) from SEK81.5M to SEK11M.

Trade In May 2024, the top exports of Sweden to Kazakhstan were Iron Pipes (SEK27.4M), Industrial Food Preperation Machinery (SEK19.7M), Excavation Machinery (SEK17.4M), Other Construction Vehicles (SEK16.7M), and Liquid Pumps (SEK6M). In May 2024 the top imports of Sweden from Kazakhstan were Sulphur (SEK18.1M), Wheat (SEK16.9M), Ferroalloys (SEK2.74M), Commodities not elsewhere specified (SEK137k), and Knit Sweaters (SEK5k).

Growth In May 2024, the decrease in Sweden's year-by-year exports to Kazakhstan was explained primarily by an decrease in product exports in Telephones (SEK-12.6M or -99.3%), Interchangeable Tool Parts (SEK-3.12M or -52.5%), and Washing and Bottling Machines (SEK-2.48M or -94.7%). In May 2024, the decrease in Sweden's year-by-year imports  from Kazakhstan was explained primarily by an decrease in product imports  in Ferroalloys (SEK-1.91M or -41.1%) and Motor vehicles; parts and accessories (8701... (SEK-664k or -99.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK-178M(-51.1%)
IMPORT GROWTH (May 2023 - May 2024)SEK-70.4M(-86.5%)

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 Kazakhstan and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kazakhstan and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $228M to Kazakhstan. The main products exported from Sweden to Kazakhstan were Tractors ($25.2M), Excavation Machinery ($17M), and Broadcasting Equipment ($16.8M). During the last 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 9.7%, from $144M in 2017 to $228M in 2022.

In 2017, Kazakhstan exported $130M to Sweden. The main products exported from Kazakhstan to Sweden were Ferroalloys ($39.2M), Refined Petroleum ($33.4M), and Computers ($20.5M). During the last 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 7.54%, from $192M in 2022 to $130M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Kazakhstan
Top DestinationChina$13.4B

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

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

In 2022, countries that imported more from Kazakhstan than Sweden included Russia ($8.78B), Italy ($12.4B), and China ($13.4B).

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

Comparative Advantage Sweden - Kazakhstan

Flow
Scale

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

During 2022, Sweden had a large net trade with Kazakhstan in the exports of Machines ($107M), Transportation ($37.5M), and Chemical Products ($27.2M).

During 2017, Kazakhstan had a large net trade with Sweden in the exports of Metals ($49.6M), Mineral Products ($48.5M), and Machines ($20.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Kazakhstan+$13.8MPackaged Medicaments
Top Product Potential Kazakhstan Sweden+$25.3MRefined Petroleum

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

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

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