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2023
Flag → Flag
Exports $167MRnk 64 / 216
2023
Flag → Flag
Top Product $27.8MSulfate Chemical Woodpulp
2023
Flag → Flag
Exports $162MRnk 40 / 205
2023
Flag → Flag
Top Product $38.9MHouse Linens
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Sweden-Pakistan Trade: In 2023, Sweden exported $167M to Pakistan. The main products that Sweden exported to Pakistan were Sulfate Chemical Woodpulp ($27.8M), Scrap Iron ($24.5M), and Sawn Wood ($13.6M). Over the past 5 years the exports of Sweden to Pakistan have decreased at an annualized rate of 16.1%, from $401M in 2018 to $167M in 2023.

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

Pakistan-Sweden Trade: In 2023, Pakistan exported $162M to Sweden. The main products that Pakistan exported to Sweden were House Linens ($38.9M), Non-Knit Men's Suits ($26.7M), and Rice ($17.9M). Over the past 5 years the exports of Pakistan to Sweden have increased at an annualized rate of 0.55%,  from $157M in 2018 to $162M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK126M and imported SEK194M from Pakistan, resulting in a negative trade balance of SEK67.3M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-353M (-73.6%) from SEK479M to SEK126M, while imports increased by SEK33.5M (20.9%) from SEK160M to SEK194M.

Trade In October 2024, the top exports of Sweden to Pakistan were Scrap Iron (SEK29M), Semi chemical Woodpulp (SEK23M), Kraft Paper (SEK15.6M), Sulfate Chemical Woodpulp (SEK14.1M), and Raw Plastic Sheeting (SEK9.37M). In October 2024 the top imports of Sweden from Pakistan were House Linens (SEK33.4M), Non-Knit Men's Suits (SEK25.4M), Leather Apparel (SEK19.3M), Sports Equipment (SEK9.44M), and Non-Knit Women's Suits (SEK7.79M).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Pakistan was explained primarily by an decrease in product exports in Sawn Wood (SEK-11.1M or -72.7%), Scrap Iron (SEK-8.37M or -22.4%), and Telephones (SEK-4.7M or -99.4%). In October 2024, the increase in Sweden's year-by-year imports  from Pakistan was explained primarily by an increase in product imports  in Leather Apparel (SEK4.45M or 30%), Sports Equipment (SEK3.75M or 65.9%), and Felt or Coated Fabric Garments (SEK3.1M or 121%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-353M(-73.6%)
IMPORT GROWTH (October 2023 - October 2024)SEK33.5M(20.9%)

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 Pakistan and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Pakistan and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $167M to Pakistan. The main products exported from Sweden to Pakistan were Sulfate Chemical Woodpulp ($27.8M), Scrap Iron ($24.5M), and Sawn Wood ($13.6M). During the last 5 years the exports of Sweden to Pakistan have decreased at an annualized rate of 16.1%, from $401M in 2018 to $167M in 2023.

In 2018, Pakistan exported $162M to Sweden. The main products exported from Pakistan to Sweden were House Linens ($38.9M), Non-Knit Men's Suits ($26.7M), and Rice ($17.9M). During the last 5 years the exports of Pakistan to Sweden have increased at an annualized rate of 0.55%, from $157M in 2023 to $162M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Pakistan
Top DestinationUnited States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Sweden included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

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

Comparative Advantage Sweden - Pakistan

Flow
Scale

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

During 2023, Sweden had a large net trade with Pakistan in the exports of Paper Goods ($51.8M), Machines ($31.7M), and Metals ($30.2M).

During 2018, Pakistan had a large net trade with Sweden in the exports of Textiles ($108M), Vegetable Products ($20.5M), and Animal Hides ($17.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Pakistan+$6.43MSawn Wood
Top Product Potential Pakistan Sweden+$18.4MNon-Knit Men's Suits

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

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

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