Turkey (TUR) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Turkey-Sweden Trade: In 2023, Turkey exported $1.61B to Sweden. The main products that Turkey exported to Sweden were Delivery Trucks ($81.2M), Cars ($77.6M), and Refrigerators ($67.3M). Over the past 5 years the exports of Turkey to Sweden have increased at an annualized rate of 3.87%, from $1.33B in 2018 to $1.61B in 2023.

In 2009, Turkey exported services to Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

Sweden-Turkey Trade: In 2023, Sweden exported $2.6B to Turkey. The main products that Sweden exported to Turkey were Cars ($246M), Iron Ore ($234M), and Scrap Iron ($191M). Over the past 5 years the exports of Sweden to Turkey have increased at an annualized rate of 7.53%, from $1.81B in 2018 to $2.6B in 2023.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) being the largest in terms of value.

Comparison: In 2023, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Turkey exported $1.61B to Sweden. The main products exported from Turkey to Sweden were Delivery Trucks ($81.2M), Cars ($77.6M), and Refrigerators ($67.3M). During the last 5 years the exports of Turkey to Sweden have increased at an annualized rate of 3.87%, from $1.33B in 2018 to $1.61B in 2023.

In 2018, Sweden exported $2.6B to Turkey. The main products exported from Sweden to Turkey were Cars ($246M), Iron Ore ($234M), and Scrap Iron ($191M). During the last 5 years the exports of Sweden to Turkey have increased at an annualized rate of 7.53%, from $1.81B in 2023 to $2.6B in 2018.

Exports from Turkey () to Sweden () (2023)

Exports from Sweden () to Turkey () (2023)

Latest Data

Trade between Turkey () and Sweden ()

Turkey Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$24.7B

Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Turkey than Sweden included United Arab Emirates ($14.7B), Iraq ($12.8B), and Russia ($10.8B).

In 2023, countries that imported more from Sweden than Turkey included Denmark ($14.4B), Norway ($10.9B), and Finland ($9.41B).

Difference in imports from Sweden () and Turkey () (2023)

Comparative Advantage Turkey - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Turkey had a large net trade with Sweden in the exports of Machines ($379M), Textiles ($334M), and Transportation ($243M).

During 2018, Sweden had a large net trade with Turkey in the exports of Metals ($518M), Machines ($510M), and Transportation ($440M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Sweden+$92.9MCars

Top Product Potential Sweden Turkey+$119MCars

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

Swe Year

Tur Year

2009

2008

In 2009, Turkey exported services to Sweden worth $275M, with Travel ($272M) and Other business services ($3.1M) being the largest in terms of value.

In 2020, Sweden exported services to Turkey worth $191M, with Personal, cultural, and recreational services ($60.1M), Computer and information services ($45.8M), and Transportation ($31.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey () to Sweden () (2009)

Services Exports from Sweden () to Turkey () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Sweden () (2023)

Exports from Sweden () to Turkey () (2023)

Latest Data

Trade between Turkey () and Sweden ()

Turkey Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Turkey () (2023)

Comparative Advantage Turkey - Sweden

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Turkey () to Sweden () (2009)

Services Exports from Sweden () to Turkey () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Sweden () (2023)

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