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Sweden Trade Summary

2020

Sweden exports, imports, tariff by year.
Sweden monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SWEDEN 2020

Overall Exports and Imports for Sweden 2020

Exports and imports of Sweden in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 154,936 million.
  • The total value of imports (CIF) was 149,436 million.
  • At the HS6 digit level, 4,310 products were exported to 222 countries and 4,446 products were imported from 227 countries.

Sweden top 5 Export and Import partners 2020

Top five countries to which Sweden exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Sweden exports to Norway worth US$ 16,337 million, with a partner share of 10.54 percent.
  2. Sweden exports to Germany worth US$ 16,128 million, with a partner share of 10.41 percent.
  3. Sweden exports to United States worth US$ 12,622 million, with a partner share of 8.15 percent.
  4. Sweden exports to Denmark worth US$ 11,669 million, with a partner share of 7.53 percent.
  5. Sweden exports to Finland worth US$ 10,834 million, with a partner share of 6.99 percent.

Top five countries from which Sweden imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Sweden imports from Germany worth US$ 26,979 million, with a partner share of 18.05 percent.
  2. Sweden imports from Netherlands worth US$ 14,569 million, with a partner share of 9.75 percent.
  3. Sweden imports from Norway worth US$ 13,481 million, with a partner share of 9.02 percent.
  4. Sweden imports from Denmark worth US$ 10,087 million, with a partner share of 6.75 percent.
  5. Sweden imports from China worth US$ 9,248 million, with a partner share of 6.19 percent.

Sweden Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Sweden along with trade value are:

  1. Sweden exported Other medicaments of mixed or unmixed products, , worth 7,414,981.20 (US$ Thousands).
  2. Sweden exported Petroleum oils, etc, (excl. crude); preparation , worth 5,493,279.16 (US$ Thousands).
  3. Sweden exported Automobiles with reciprocating piston engine di , worth 4,657,479.99 (US$ Thousands).
  4. Sweden exported Transmission apparatus, for radioteleph incorpo , worth 4,530,698.13 (US$ Thousands).
  5. Sweden exported Automobiles nes including gas turbine powered , worth 4,240,144.66 (US$ Thousands).

The top five imported HS 6 digit level products from world by Sweden along with trade value are

  1. Sweden imported Transmission apparatus, for radioteleph incorpo , worth 5,847,774.47 (US$ Thousands).
  2. Sweden imported Petroleum oils and oils obtained from bituminou , worth 5,679,294.66 (US$ Thousands).
  3. Sweden imported Petroleum oils, etc, (excl. crude); preparation , worth 4,370,407.62 (US$ Thousands).
  4. Sweden imported Automobiles nes including gas turbine powered , worth 3,399,012.00 (US$ Thousands).
  5. Sweden imported Fresh or chilled Pacific, Atlantic and Danube s , worth 3,062,284.07 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Sweden in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.93 percent.
  • The trade weighted average tariff was 1.61 .
  • The total duty free imports in thousands of US dollars were 23,552,605.46 and duty free tariff line items share was 60.77 percent.

Development Indicators 2020

Key Development Indicators of Sweden in 2020 are below

  • Sweden GDP in current US dollar was 547,054 million.
  • GNI per capita, Atlas method (current US$) was 54,830.00 .
  • Sweden Trade balance: as % of GDP was 4.48.
  • Trade balance in current US$ was 24,528.00 million.
  • Trade as percentage of GDP was 83.21 .
  • Trade in services as percentage of GDP was 25.39 .

Trade Indicators 2020

Trade Indicators for Sweden in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 17.83.
  • World Growth in percentage was -3.77 and Sweden Country Growth was -2.62 .