Sweden-United States Trade: In 2023, Sweden exported $18.1B to United States. The main products that Sweden exported to United States were Cars ($3.96B), Vaccines, blood, antisera, toxins and cultures ($2.41B), and Refined Petroleum ($590M). Over the past 5 years the exports of Sweden to United States have increased at an annualized rate of 9.52%, from $11.5B in 2018 to $18.1B in 2023.
In 2020, Sweden exported services to United States worth $7.91B, with Computer and information services ($2.3B), Other business services ($2.12B), and Royalties and license fees ($1.72B) being the largest in terms of value.
United States-Sweden Trade: In 2023, United States exported $7.19B to Sweden. The main products that United States exported to Sweden were Crude Petroleum ($1.26B), Vaccines, blood, antisera, toxins and cultures ($737M), and Planes, Helicopters, and/or Spacecraft ($627M). Over the past 5 years the exports of United States to Sweden have increased at an annualized rate of 9.35%, from $4.6B in 2018 to $7.19B in 2023.
In 2017, United States exported services to Sweden worth $6.39B, with Other business services ($2.01B), Travel ($1.63B), and Financial services ($954M) being the largest in terms of value.
Comparison: In 2023, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).