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Sweden Trade Summary

2021

Sweden exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Sweden 2021

Exports and imports of Sweden in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 189,635 million.
  • The total value of imports (CIF) was 187,320 million.
  • At the HS6 digit level, 4,357 products were exported to 225 countries and 4,467 products were imported from 231 countries.

Sweden top 5 Export and Import partners 2021

Top five countries to which Sweden exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Sweden exports to Norway worth US$ 20,254 million, with a partner share of 10.68 percent.
  2. Sweden exports to Germany worth US$ 19,423 million, with a partner share of 10.24 percent.
  3. Sweden exports to United States worth US$ 15,302 million, with a partner share of 8.07 percent.
  4. Sweden exports to Denmark worth US$ 14,664 million, with a partner share of 7.73 percent.
  5. Sweden exports to Finland worth US$ 13,411 million, with a partner share of 7.07 percent.

Top five countries from which Sweden imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Sweden imports from Germany worth US$ 31,740 million, with a partner share of 16.94 percent.
  2. Sweden imports from Norway worth US$ 19,044 million, with a partner share of 10.17 percent.
  3. Sweden imports from Netherlands worth US$ 18,835 million, with a partner share of 10.06 percent.
  4. Sweden imports from Denmark worth US$ 12,960 million, with a partner share of 6.92 percent.
  5. Sweden imports from China worth US$ 12,909 million, with a partner share of 6.89 percent.

Sweden Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Sweden exported Petroleum oils, etc, (excl. crude); preparation , worth 9,263,512.17 (US$ Thousands).
  2. Sweden exported Other medicaments of mixed or unmixed products, , worth 6,489,337.58 (US$ Thousands).
  3. Sweden exported Coniferous wood sawn or chipped lengthwise, sli , worth 5,328,254.82 (US$ Thousands).
  4. Sweden exported Transmission apparatus, for radioteleph incorpo , worth 5,023,268.22 (US$ Thousands).
  5. Sweden exported Automobiles with reciprocating piston engine di , worth 5,011,620.08 (US$ Thousands).

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

  1. Sweden imported Petroleum oils and oils obtained from bituminou , worth 9,472,143.90 (US$ Thousands).
  2. Sweden imported Transmission apparatus, for radioteleph incorpo , worth 6,744,573.16 (US$ Thousands).
  3. Sweden imported Automobiles nes including gas turbine powered , worth 5,842,512.57 (US$ Thousands).
  4. Sweden imported Petroleum oils, etc, (excl. crude); preparation , worth 5,594,632.73 (US$ Thousands).
  5. Sweden imported Fresh or chilled Pacific, Atlantic and Danube s , worth 3,418,827.29 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Sweden in 2021 are below

  • The maximum rate of tariff in percentage on any product was 275.48 percent.
  • The simple average tariff across all products was 2.19 percent.
  • The trade weighted average tariff was 1.48 .
  • The total duty free imports in thousands of US dollars were 38,908,898.55 and duty free tariff line items share was 63 percent.

Development Indicators 2021

Key Development Indicators of Sweden in 2021 are below

  • Sweden GDP in current US dollar was 636,856 million.
  • GNI per capita, Atlas method (current US$) was 60,210.00 .
  • Sweden Trade balance: as % of GDP was 4.44.
  • Trade balance in current US$ was 28,292.00 million.
  • Trade as percentage of GDP was 88.11 .
  • Trade in services as percentage of GDP was 27.13 .

Trade Indicators 2021

Trade Indicators for Sweden in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 18.02.
  • World Growth in percentage was 12.59 and Sweden Country Growth was 11.11 .