2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-North Korea Trade: In 2022, Sweden exported $53.8k to North Korea. The main products that Sweden exported to North Korea were Raw Plastic Sheeting ($53.8k). Over the past 7 years the exports of Sweden to North Korea have decreased at an annualized rate of 8.49%, from $100k in 2015 to $53.8k in 2022.

In 2022, Sweden did not export any services to North Korea.

North Korea-Sweden Trade: In 2022, North Korea exported $390 to Sweden. The main products that North Korea exported to Sweden were Scissors ($99), Motor-working Tools ($99), and Brochures ($97). Over the past 7 years the exports of North Korea to Sweden have decreased at an annualized rate of 66.1%,  from $87.1k in 2015 to $390 in 2022.

In 2022, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $53.8k to North Korea. The main products exported from Sweden to North Korea were Raw Plastic Sheeting ($53.8k). During the last 7 years the exports of Sweden to North Korea have decreased at an annualized rate of 8.49%, from $100k in 2015 to $53.8k in 2022.

In 2017, North Korea exported $390 to Sweden. The main products exported from North Korea to Sweden were Scissors ($99), Motor-working Tools ($99), and Brochures ($97). During the last 5 years the exports of North Korea to Sweden have decreased at an annualized rate of 66.1%, from $87.1k in 2022 to $390 in 2017.

Exports from Sweden (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
North Korea
Top Destination
China$131M

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

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

In 2022, countries that imported more from North Korea than Sweden included Suriname ($4.51M), Grenada ($639k), and Sao Tome and Principe ($37.3k).

Difference in imports from North Korea (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - North Korea

Flow
Scale

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

During 2022, Sweden had a large net trade with North Korea in the exports of Plastics and Rubbers ($53.8k).

During 2017, North Korea had a large net trade with Sweden in the exports of Metals ($99), Machines ($99), and Paper Goods ($97).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and North Korea (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with