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2022
Flag → Flag
Exports $671MRnk 40 / 217
2022
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Top Product $46.1MCars
2022
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Exports $735MRnk 27 / 196
2022
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Top Product $71.5MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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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$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
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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$15,892CURRENT US$
Rnk 60 / 186
2012-2022
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GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Sweden-Romania Trade: In 2022, Sweden exported $671M to Romania. The main products that Sweden exported to Romania were Cars ($46.1M), Broadcasting Equipment ($29.4M), and Rough Wood ($29M). Over the past 5 years the exports of Sweden to Romania have increased at an annualized rate of 10.5%, from $407M in 2017 to $671M in 2022.

In 2020, Sweden exported services to Romania worth $151M, with Other business services ($29.8M), Royalties and license fees ($28.6M), and Computer and information services ($28M) being the largest in terms of value.

Romania-Sweden Trade: In 2022, Romania exported $735M to Sweden. The main products that Romania exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($71.5M), Prefabricated Buildings ($44M), and Wood Carpentry ($37.3M). Over the past 5 years the exports of Romania to Sweden have increased at an annualized rate of 4.36%,  from $594M in 2017 to $735M in 2022.

In 2020, Romania exported services to Sweden worth $420M, with Other business services ($174M), Computer and information services ($99.7M), and Transportation ($87.8M) being the largest in terms of value.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

July, 2024

About

Overview In July 2024, Sweden exported SEK396M and imported SEK381M from Romania, resulting in a positive trade balance of SEK14.4M. Between July 2023 and July 2024 the exports of Sweden have decreased by SEK-51.2M (-11.5%) from SEK447M to SEK396M, while imports increased by SEK34.7M (10%) from SEK346M to SEK381M.

Trade In July 2024, the top exports of Sweden to Romania were Cars (SEK68M), Uncoated Paper (SEK25.7M), Sulfate Chemical Woodpulp (SEK19.7M), Kraft Paper (SEK15.4M), and Non-fillet Fresh Fish (SEK12.8M). In July 2024 the top imports of Sweden from Romania were Motor vehicles; parts and accessories (8701... (SEK102M), Wood Carpentry (SEK32.4M), Telephones (SEK23.1M), Electric Heaters (SEK20.3M), and Non-Knit Men's Shirts (SEK19.3M).

Growth In July 2024, the decrease in Sweden's year-by-year exports to Romania was explained primarily by an decrease in product exports in Ethylene Polymers (SEK-16.9M or -83.7%), Machinery Having Individual Functions (SEK-8.99M or -90.7%), and Other Edible Preparations (SEK-8.09M or -78.9%). In July 2024, the increase in Sweden's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... (SEK37.9M or 59.3%), Wood Carpentry (SEK11.1M or 52.3%), and Telephones (SEK10.5M or 83.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)SEK-51.2M(-11.5%)
IMPORT GROWTH (July 2023 - July 2024)SEK34.7M(10%)

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 Romania and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $671M to Romania. The main products exported from Sweden to Romania were Cars ($46.1M), Broadcasting Equipment ($29.4M), and Rough Wood ($29M). During the last 5 years the exports of Sweden to Romania have increased at an annualized rate of 10.5%, from $407M in 2017 to $671M in 2022.

In 2017, Romania exported $735M to Sweden. The main products exported from Romania to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($71.5M), Prefabricated Buildings ($44M), and Wood Carpentry ($37.3M). During the last 5 years the exports of Romania to Sweden have increased at an annualized rate of 4.36%, from $594M in 2022 to $735M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Sweden than Romania included Norway ($18.7B), United States ($17.8B), and Denmark ($14.6B).

In 2022, countries that imported more from Romania than Sweden included Hungary ($6.75B), Bulgaria ($3.9B), and Italy ($9.55B).

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

Comparative Advantage Sweden - Romania

Flow
Scale

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

During 2022, Sweden had a large net trade with Romania in the exports of Machines ($194M), Metals ($108M), and Transportation ($103M).

During 2017, Romania had a large net trade with Sweden in the exports of Machines ($183M), Transportation ($118M), and Metals ($110M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Romania+$44.2MCars
Top Product Potential Romania Sweden+$53MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Sweden exported services to Romania worth $151M, with Other business services ($29.8M), Royalties and license fees ($28.6M), and Computer and information services ($28M) being the largest in terms of value.

In 2020, Romania exported services to Sweden worth $420M, with Other business services ($174M), Computer and information services ($99.7M), and Transportation ($87.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Romania (Flag) (2020)

Services Exports from Romania (Flag) to Sweden (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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