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2022
Flag → Flag
Exports $246MRnk 59 / 217
2022
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Top Product $25.1MLarge Construction Vehicles
2022
Flag → Flag
Exports $63.3MRnk 34 / 180
2022
Flag → Flag
Top Product $58.7MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 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$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 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$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Sweden-Peru Trade: In 2022, Sweden exported $246M to Peru. The main products that Sweden exported to Peru were Large Construction Vehicles ($25.1M), Kaolin Coated Paper ($13.2M), and Prepared Explosives ($13M). Over the past 5 years the exports of Sweden to Peru have increased at an annualized rate of 14.2%, from $127M in 2017 to $246M in 2022.

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

Peru-Sweden Trade: In 2022, Peru exported $63.3M to Sweden. The main products that Peru exported to Sweden were Coffee ($58.7M), Copper Ore ($44M), and Retail Wool or Animal Hair Yarn ($8.47M). Over the past 5 years the exports of Peru to Sweden have increased at an annualized rate of 55.3%,  from $7.01M in 2017 to $63.3M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Sweden exported SEK128M and imported SEK60.8M from Peru, resulting in a positive trade balance of SEK67.1M. Between February 2023 and February 2024 the exports of Sweden have decreased by SEK-119M (-48.3%) from SEK247M to SEK128M, while imports decreased by SEK-1.11M (-1.79%) from SEK61.9M to SEK60.8M.

Trade In February 2024, the top exports of Sweden to Peru were Nitrogenous Fertilizers (SEK69.4M), Excavation Machinery (SEK14.6M), Other Construction Vehicles (SEK9.58M), Kraft Paper (SEK4.4M), and Transmissions (SEK4.38M). In February 2024 the top imports of Sweden from Peru were Coffee (SEK87.5M), Retail Wool or Animal Hair Yarn (SEK21.8M), Frozen Vegetables (SEK1.9M), Grapes (SEK1.56M), and Interchangeable Tool Parts (SEK1.05M).

Growth In February 2024, the decrease in Sweden's year-by-year exports to Peru was explained primarily by an decrease in product exports in Kraft Paper (SEK-4.14M or -48.5%), Other Plastic Products (SEK-3.32M or -81.3%), and Cars (SEK-3.23M or -57.2%). In February 2024, the decrease in Sweden's year-by-year imports  from Peru was explained primarily by an decrease in product imports  in Frozen Fruits and Nuts (SEK-4.32M or -86.5%), Buckwheat (SEK-513k or -64.4%), and Liquid Pumps (SEK-317k or -91.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)SEK-119M(-48.3%)
IMPORT GROWTH (February 2023 - February 2024)SEK-1.11M(-1.79%)

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 Peru and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $246M to Peru. The main products exported from Sweden to Peru were Large Construction Vehicles ($25.1M), Kaolin Coated Paper ($13.2M), and Prepared Explosives ($13M). During the last 5 years the exports of Sweden to Peru have increased at an annualized rate of 14.2%, from $127M in 2017 to $246M in 2022.

In 2017, Peru exported $63.3M to Sweden. The main products exported from Peru to Sweden were Coffee ($58.7M), Copper Ore ($44M), and Retail Wool or Animal Hair Yarn ($8.47M). During the last 22 years the exports of Peru to Sweden have increased at an annualized rate of 55.3%, from $7.01M in 1995 to $63.3M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Peru
Top DestinationChina$17.6B

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

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

In 2022, countries that imported more from Peru than Sweden included China ($17.6B), Chile ($1.85B), and Ecuador ($1.28B).

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

Comparative Advantage Sweden - Peru

Flow
Scale

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

During 2022, Sweden had a large net trade with Peru in the exports of Machines ($118M), Chemical Products ($29.9M), and Paper Goods ($26.1M).

During 2017, Peru had a large net trade with Sweden in the exports of Vegetable Products ($67.3M), Mineral Products ($44M), and Textiles ($9.82M).

Economic Complexity

Competitive Landscape

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

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

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