2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Sweden-Uzbekistan Trade: In 2022, Sweden exported $44.2M to Uzbekistan. The main products that Sweden exported to Uzbekistan were Air Pumps ($8.89M), Margarine ($3.22M), and Other Construction Vehicles ($3.1M). Over the past 5 years the exports of Sweden to Uzbekistan have increased at an annualized rate of 2.48%, from $39.1M in 2017 to $44.2M in 2022.

In 2022, Sweden did not export any services to Uzbekistan.

Uzbekistan-Sweden Trade: In 2022, Uzbekistan exported $191k to Sweden. The main products that Uzbekistan exported to Sweden were Excavation Machinery ($36.6k), LCDs ($24k), and Plastic Lids ($15.1k). Over the past 5 years the exports of Uzbekistan to Sweden have decreased at an annualized rate of 47.4%,  from $4.77M in 2017 to $191k in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $44.2M to Uzbekistan. The main products exported from Sweden to Uzbekistan were Air Pumps ($8.89M), Margarine ($3.22M), and Other Construction Vehicles ($3.1M). During the last 5 years the exports of Sweden to Uzbekistan have increased at an annualized rate of 2.48%, from $39.1M in 2017 to $44.2M in 2022.

In 2017, Uzbekistan exported $191k to Sweden. The main products exported from Uzbekistan to Sweden were Excavation Machinery ($36.6k), LCDs ($24k), and Plastic Lids ($15.1k). During the last 5 years the exports of Uzbekistan to Sweden have decreased at an annualized rate of 47.4%, from $4.77M in 2022 to $191k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Uzbekistan
Top Destination
Switzerland$4.29B

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

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

In 2022, countries that imported more from Uzbekistan than Sweden included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

Comparative Advantage Sweden - Uzbekistan

Flow
Scale

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

During 2022, Sweden had a large net trade with Uzbekistan in the exports of Machines ($21.3M), Paper Goods ($6.16M), and Plastics and Rubbers ($4.61M).

During 2017, Uzbekistan had a large net trade with Sweden in the exports of Machines ($72.1k), Instruments ($33.9k), and Vegetable Products ($31k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Uzbekistan+$3.67MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Uzbekistan Sweden+$53.3kPlastic Lids

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

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

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