Sweden-Singapore Trade: In 2023, Sweden exported $1.3B to Singapore. The main products that Sweden exported to Singapore were Chemical Analysis Instruments ($126M), Refined Petroleum ($81.7M), and Packaged Medicaments ($72.7M). Over the past 5 years the exports of Sweden to Singapore have increased at an annualized rate of 4.75%, from $1.03B in 2018 to $1.3B in 2023.
In 2020, Sweden exported services to Singapore worth $373M, with Other business services ($189M), Communications services ($52M), and Personal, cultural, and recreational services ($42.8M) being the largest in terms of value.
Singapore-Sweden Trade: In 2023, Singapore exported $107M to Sweden. The main products that Singapore exported to Sweden were Integrated Circuits ($8.34M), Chemical Analysis Instruments ($7.71M), and Refined Petroleum ($7.24M). Over the past 5 years the exports of Singapore to Sweden have decreased at an annualized rate of 7.3%, from $196M in 2018 to $107M in 2023.
In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).