2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
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GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
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 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
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GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
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GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195
2023
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GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
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GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Sweden-Qatar Trade: In 2023, Sweden exported $386M to Qatar. The main products that Sweden exported to Qatar were Iron Ore ($214M), Iron Pipes ($35.9M), and Packaged Medicaments ($25.5M). Over the past 5 years the exports of Sweden to Qatar have increased at an annualized rate of 4.34%, from $312M in 2018 to $386M in 2023.

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

Qatar-Sweden Trade: In 2023, Qatar exported $185M to Sweden. The main products that Qatar exported to Sweden were Refined Petroleum ($171M), Ethylene Polymers ($8.24M), and Video Recording Equipment ($2.55M). Over the past 5 years the exports of Qatar to Sweden have decreased at an annualized rate of 6.52%,  from $259M in 2018 to $185M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $386M to Qatar. The main products exported from Sweden to Qatar were Iron Ore ($214M), Iron Pipes ($35.9M), and Packaged Medicaments ($25.5M). During the last 5 years the exports of Sweden to Qatar have increased at an annualized rate of 4.34%, from $312M in 2018 to $386M in 2023.

In 2018, Qatar exported $185M to Sweden. The main products exported from Qatar to Sweden were Refined Petroleum ($171M), Ethylene Polymers ($8.24M), and Video Recording Equipment ($2.55M). During the last 5 years the exports of Qatar to Sweden have decreased at an annualized rate of 6.52%, from $259M in 2023 to $185M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Qatar
Top Destination
China$20.9B

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

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

In 2023, countries that imported more from Qatar than Sweden included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

Comparative Advantage Sweden - Qatar

Flow
Scale

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

During 2023, Sweden had a large net trade with Qatar in the exports of Mineral Products ($214M), Machines ($62.9M), and Metals ($43.4M).

During 2018, Qatar had a large net trade with Sweden in the exports of Mineral Products ($171M), Plastics and Rubbers ($8.24M), and Machines ($3.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Qatar+$7.1MPackaged Medicaments
Top Product Potential Qatar Sweden+$41.3MRefined Petroleum

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

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

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