2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$223MCURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP GROWTH
17.8%CURRENT US$
Rnk 126 / 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
$1,702CURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP PC GROWTH
0.18%CURRENT US$
Rnk 138 / 186

About

Sweden-Kiribati Trade: In 2022, Sweden exported $1.48M to Kiribati. The main products that Sweden exported to Kiribati were Sawn Wood ($1.48M) and House Linens ($494). Over the past 5 years the exports of Sweden to Kiribati have increased at an annualized rate of 72.9%, from $95.7k in 2017 to $1.48M in 2022.

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

Kiribati-Sweden Trade: In 2022, Kiribati exported $196 to Sweden. The main products that Kiribati exported to Sweden were Other Domestic Electric Housewares ($99) and Motor vehicles; parts and accessories (8701 to 8705) ($97). Over the past 5 years the exports of Kiribati to Sweden have decreased at an annualized rate of 53.9%,  from $9.37k in 2017 to $196 in 2022.

In 2022, Kiribati 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, Kiribati ranked 195 in total exports ($115M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $1.48M to Kiribati. The main products exported from Sweden to Kiribati were Sawn Wood ($1.48M) and House Linens ($494). During the last 5 years the exports of Sweden to Kiribati have increased at an annualized rate of 72.9%, from $95.7k in 2017 to $1.48M in 2022.

In 2017, Kiribati exported $196 to Sweden. The main products exported from Kiribati to Sweden were Other Domestic Electric Housewares ($99) and Motor vehicles; parts and accessories (8701 to 8705) ($97). During the last 5 years the exports of Kiribati to Sweden have decreased at an annualized rate of 53.9%, from $9.37k in 2022 to $196 in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Kiribati
Top Destination
Thailand$63.2M

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

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

In 2022, countries that imported more from Kiribati than Sweden included Fiji ($1.94M).

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

Comparative Advantage Sweden - Kiribati

Flow
Scale

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

During 2022, Sweden had a large net trade with Kiribati in the exports of Wood Products ($1.48M) and Textiles ($494).

During 2017, Kiribati had a large net trade with Sweden in the exports of Machines ($99) and Transportation ($97).

Economic Complexity

Competitive Landscape

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

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

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