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2023
Exports $2.99BWorld Rnk 6 / 102
Flag Rnk 10 / 1210
falsefalse Poland
2022 - 2023
FASTEST GROWING MARKETfalsefalse
2023
PRODUCT COMPLEXITY IN Electricity-0.74Rnk 770 / 1025
2023
Imports $517MWorld Rnk 34 / 126
Flag Rnk 74 / 1213
2022 - 2023
FASTEST GROWING ORIGINfalseFinland
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $2.99B in Electricity, making it the 6th largest exporter of Electricity in the world. At the same year, Electricity was the 10th most exported product in Sweden. The main destination of Electricity exports from Sweden are: Poland ($620M), Denmark ($585M), Finland ($571M), Lithuania ($477M), and Norway ($429M).

Imports In 2023, Sweden imported $517M in Electricity, becoming the 34th largest importer of Electricity in the world. At the same year, Electricity was the 74th most imported product in Sweden. Sweden imports Electricity primarily from: Norway ($349M), Denmark ($107M), Finland ($22.6M), Poland ($17.7M), and Germany ($17M).

The fastest growing import markets in Electricity for Sweden between 2022 and 2023 were Finland ($10.7M) and Germany ($9.45M).

Latest Trends

October 2024

About

Overview In October 2024 Sweden's Electricity exports accounted up to SEK184M and imports accounted up to SEK18.3M, resulting in a positive trade balance of SEK166M. Between October 2023 and October 2024 the exports of Sweden's   Electricity have decreased by SEK-869M (-82.5%) from SEK1.05B to SEK184M, while imports decreased by SEK-224M (-92.5%) from SEK243M to SEK18.3M.

Destinations In October 2024, Electricity were exported mostly to Denmark (SEK80.1M), Lithuania (SEK34.9M), Finland (SEK33.5M), Germany (SEK18.6M), and Norway (SEK16.1M), and were imported mostly from Norway (SEK12.9M), Finland (SEK2.58M), Denmark (SEK1.67M), Germany (SEK977k), and Lithuania (SEK171k).

Growth In October 2024, the decrease in Electricity's year-by-year exports was explained primarily by a decrease in exports to Lithuania (SEK-85.2M or -18.8%) and Germany (SEK-47.7M or -15.5%). In October 2024, the decrease in Electricity's year-by-year imports was explained primarily by a decrease in imports from Norway (SEK-91.3M or -19.4%), Poland (SEK-9.88M or -73.7%), and Lithuania (SEK-2.5M or -30.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)SEK-869M(-82.5%)
IMPORT GROWTH (October 2023 - October 2024)SEK-224M(-92.5%)
MAIN EXPORTER (October 2024)undefined2.02B
MAIN DESTINATION (October 2024)DenmarkSEK80.1M

This section shows Electricity's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Electricity over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.99B
IMPORTS (2023)$517M
NET TRADE (2023)$2.47B

In 2023, Sweden exported $2.99B in Electricity. The main destinations of Sweden exports on Electricity were Poland ($620M), Denmark ($585M), Finland ($571M), Lithuania ($477M), and Norway ($429M).

In 2023, Sweden imported $517M in Electricity, mainly from Norway ($349M), Denmark ($107M), Finland ($22.6M), Poland ($17.7M), and Germany ($17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Sweden WERE (2022 - 2023):
Finland-$2.06B (-78.3%)
Denmark-$734M (-55.7%)
Lithuania-$721M (-60.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Electricity were:
France $9.94B
Germany $6.02B
Switzerland $4.6B
In 2023, Sweden's main importing competitors in Electricity were:
Germany $7.52B
Italy $7.21B
Switzerland $4.21B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $120M
TOP IMPORT POTENTIALGermany+ $27.6M

Electricity’s highest export potential is Germany. With an export gap of $120M.   Electricity’s highest import potential is Germany with an import gap of $27.6M.

See methodology.

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