New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $947MRnk 31 / 217
2022
Flag → Flag
Top Product $143MTractors
2022
Flag → Flag
Exports $163MRnk 60 / 214
2022
Flag → Flag
Top Product $20.4MWine
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.033Rnk 61 / 124
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186

About

Sweden-South Africa In 2022, Sweden exported $947M to South Africa. The main products that Sweden exported to South Africa are Tractors ($143M), Refined Petroleum ($123M), and Delivery Trucks ($65.5M). During the last 27 years the exports of Sweden to South Africa have increased at an annualized rate of 3.27%, from $397M in 1995 to $947M in 2022.

In 2020, Sweden exported services to South Africa worth $165M, with Computer and information services ($53.7M), Other business services ($37M), and Insurance services ($17.7M) being the largest in terms of value.

South Africa-Sweden In 2022, South Africa exported $163M to Sweden. The main products that South Africa exported to Sweden were Wine ($20.4M), Coal Briquettes ($17.7M), and Large Flat-Rolled Stainless Steel ($14.1M). During the last 27 years the exports of South Africa to Sweden have increased at an annualized rate of 5.09%, from $42.7M in 1995 to $163M in 2022.

In 2022, South Africa did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B). That same year, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

Latest Trends

December, 2023

About

Overview In December 2023, Sweden exported SEK480M and imported SEK176M from South Africa, resulting in a positive trade balance of SEK303M. Between December 2022 and December 2023 the exports of Sweden have decreased by SEK-579M (-54.7%) from SEK1.06B to SEK480M, while imports increased by SEK71M (67.3%) from SEK105M to SEK176M.

Trade In December 2023, the top exports of Sweden to South Africa were Excavation Machinery (SEK49.7M), Other Construction Vehicles (SEK38.3M), Liquid Pumps (SEK33.3M), Flat Flat-Rolled Steel (SEK26.2M), and Sulfate Chemical Woodpulp (SEK22.2M). In December 2023 the top imports of Sweden from South Africa were Wine (SEK31.4M), Ferroalloys (SEK20M), Fish Fillets (SEK6.24M), Large Flat-Rolled Stainless Steel (SEK5.79M), and Pumice (SEK4.61M).

Growth In December 2023, the decrease in Sweden's year-by-year exports to South Africa was explained primarily by an decrease in product exports in Delivery Trucks (SEK-49.8M or -83.8%), Packaged Medicaments (SEK-11.3M or -45.6%), and Other Rubber Products (SEK-8.26M or -77.7%). In December 2023, the increase in Sweden's year-by-year imports  from South Africa was explained primarily by an increase in product imports  in Ferroalloys (SEK5.39M or 36.8%), Clays (SEK2.85M or 515%), and Broadcasting Accessories (SEK2.42M or 6.36k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)SEK-579M(-54.7%)
IMPORT GROWTH (December 2022 - December 2023)SEK71M(67.3%)

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 South Africa and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Sweden Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $947M to South Africa. The main products exported from Sweden to South Africa were Tractors ($143M), Refined Petroleum ($123M), and Delivery Trucks ($65.5M). During the last 27 years the exports of Sweden to South Africa have increased at an annualized rate of 3.27%, from $397M in 1995 to $947M in 2022.

In 2022, South Africa exported $163M to Sweden. The main products exported from South Africa to Sweden were Wine ($20.4M), Coal Briquettes ($17.7M), and Large Flat-Rolled Stainless Steel ($14.1M). During the last 27 years the exports of South Africa to Sweden have increased at an annualized rate of 5.09%, from $42.7M in 1995 to $163M in 2022.

Exports from Sweden (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
South Africa
Top DestinationChina$23.4B

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

In 2021, countries that imported more from Sweden than South Africa were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

In 2021, countries that imported more from South Africa than Sweden were China ($23.4B), India ($9.14B), and Japan ($8.85B).

Difference in imports from South Africa (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - South Africa

Flow
Scale

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

During 2022, Sweden had a large net trade with South Africa in the exports of Machines ($322M), Transportation ($230M), and Mineral Products ($123M).

During 2022, South Africa had a large net trade with Sweden in the exports of Metals ($42.7M), Foodstuffs ($31.1M), and Machines ($26.2M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to South Africa worth $165M, with Computer and information services ($53.7M), Other business services ($37M), and Insurance services ($17.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to South Africa (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sweden has comparative advantage over South Africa. Similarly, the more yellow a dot/product is, the more South Africa has comparative advantage over Sweden.

Product Space of Sweden (Flag) and South Africa (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms