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Sweden is the 31st largest export economy in the world and the 5th most complex economy according to the Economic Complexity Index (ECI). In 2017, Sweden exported $143B and imported $141B, resulting in a positive trade balance of $2.28B. In 2017 the GDP of Sweden was $538B and its GDP per capita was $50.2k.

The top exports of Sweden are Cars ($8.87B), Refined Petroleum ($7.86B), Packaged Medicaments ($6.12B), Vehicle Parts ($5.48B) and Delivery Trucks ($3.24B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($9.2B), Crude Petroleum ($7B), Vehicle Parts ($6.24B), Refined Petroleum ($5.83B) and Broadcasting Equipment ($4.09B).

The top export destinations of Sweden are Germany ($16.1B), Denmark ($10.4B), Norway ($10.1B), the United States ($9.8B) and the United Kingdom ($8.89B). The top import origins are Germany ($27.3B), the Netherlands ($11.9B), Denmark ($9.6B), Norway ($9B) and Belgium-Luxembourg ($7.58B).

Sweden borders Finland and Norway by land and Germany, Denmark, Estonia, Lithuania, Latvia, Poland and Russia by sea.

Economic Complexity of Sweden

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