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2022
Flag → Flag
Exports $358MRnk 49 / 217
2022
Flag → Flag
Top Product $88MSawn Wood
2022
Flag → Flag
Exports $179MRnk 33 / 186
2022
Flag → Flag
Top Product $86.7MInsulated Wire
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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$3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Sweden-Morocco Trade: In 2022, Sweden exported $358M to Morocco. The main products that Sweden exported to Morocco were Sawn Wood ($88M), Refined Petroleum ($50.9M), and Kraft Paper ($28.6M). Over the past 5 years the exports of Sweden to Morocco have decreased at an annualized rate of 6.21%, from $493M in 2017 to $358M in 2022.

In 2020, Sweden exported services to Morocco worth $35.5M, with Computer and information services ($12M), Government services, n.i.e. ($7.2M), and Other business services ($5.94M) being the largest in terms of value.

Morocco-Sweden Trade: In 2022, Morocco exported $179M to Sweden. The main products that Morocco exported to Sweden were Insulated Wire ($86.7M), Cars ($42.9M), and Processed Crustaceans ($11.3M). Over the past 5 years the exports of Morocco to Sweden have increased at an annualized rate of 5.43%,  from $137M in 2017 to $179M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Latest Trends

May, 2024

About

Overview In May 2024, Sweden exported SEK239M and imported SEK200M from Morocco, resulting in a positive trade balance of SEK39.7M. Between May 2023 and May 2024 the exports of Sweden have increased by SEK17M (7.67%) from SEK222M to SEK239M, while imports decreased by SEK-127M (-38.9%) from SEK327M to SEK200M.

Trade In May 2024, the top exports of Sweden to Morocco were N/A. In May 2024 the top imports of Sweden from Morocco were Cars (SEK173M), Insulated Wire (SEK118M), Citrus (SEK16M), Processed Crustaceans (SEK12.4M), and Delivery Trucks (SEK10.8M).

Growth In May 2024, the increase in Sweden's year-by-year exports to Morocco was explained primarily by an increase in product exports in Sawn Wood (SEK28.8M or 161%), Ethylene Polymers (SEK16.9M or 2.13k%), and Other Uncoated Paper (SEK8.26M or 156%). In May 2024, the decrease in Sweden's year-by-year imports  from Morocco was explained primarily by an decrease in product imports  in Frozen Fruits and Nuts (SEK-492k or -45.4%), Knit Women's Suits (SEK-360k or -90%), and Other Pure Vegetable Oils (SEK-148k or -79.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)SEK17M(7.67%)
IMPORT GROWTH (May 2023 - May 2024)SEK-127M(-38.9%)

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 Morocco and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $358M to Morocco. The main products exported from Sweden to Morocco were Sawn Wood ($88M), Refined Petroleum ($50.9M), and Kraft Paper ($28.6M). During the last 5 years the exports of Sweden to Morocco have decreased at an annualized rate of 6.21%, from $493M in 2017 to $358M in 2022.

In 2017, Morocco exported $179M to Sweden. The main products exported from Morocco to Sweden were Insulated Wire ($86.7M), Cars ($42.9M), and Processed Crustaceans ($11.3M). During the last 5 years the exports of Morocco to Sweden have increased at an annualized rate of 5.43%, from $137M in 2022 to $179M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Morocco
Top DestinationSpain$8.55B

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

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

In 2022, countries that imported more from Morocco than Sweden included Spain ($8.55B), India ($2.99B), and Bangladesh ($872M).

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

Comparative Advantage Sweden - Morocco

Flow
Scale

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

During 2022, Sweden had a large net trade with Morocco in the exports of Wood Products ($89.4M), Paper Goods ($63M), and Mineral Products ($54.3M).

During 2017, Morocco had a large net trade with Sweden in the exports of Machines ($91.8M), Transportation ($52.3M), and Foodstuffs ($13.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Morocco+$39.7MRefined Petroleum
Top Product Potential Morocco Sweden+$42.9MCars

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

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

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