Country export capability

Sweden
export capability

A reported view of Sweden's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

SWE1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$186.0B2024 reported value
Latest imports$170.0B2024 reported value
Trade balance$16.0BExports minus imports
Export growth-1.9%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Sweden export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Sweden recorded $186.0B in exports and $170.0B in imports. The resulting $16.0B trade balance gives the latest country-level position a clear context.

Exports changed -1.9% year on year and show a calculated +1.3% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Germany received $18.8B in reported exports, representing 10.1% of the latest country total. Machinery was the largest displayed HS2 export sector at $29.4B and 15.8% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Sweden's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$603.7B2024 macro context
GDP per capita$57.1KCurrent-dollar GDP
Population10.6MReported population
Labor force5.5KReported labor force
Investment rate24.1%National investment rate
Savings rate28%National savings rate
Trade openness50.2%Exports + imports / GDP
Exports / GDP26.2%Merchandise exports / GDP
Secondary education96%Education context
Tertiary education25.4%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Sweden
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
NorwayNORWatch35%35.9%2.8%Buyer-market concentration is the largest observed corridor exposure
GermanyDEUWatch20.3%29.8%3.7%Current trade remains materially below historical peaks
DenmarkDNKWatch37.5%27.2%3.8%Buyer-market concentration is the largest observed corridor exposure
FinlandFINWatch45%33.5%3.8%Buyer-market concentration is the largest observed corridor exposure
FranceFRAWatch31.9%34.2%3.8%Current trade remains materially below historical peaks
LithuaniaLTUCritical attention56%34.9%1.3%Volatile products account for the largest observed corridor exposure
BelgiumBELWatch46.8%24.7%3.8%Buyer-market concentration is the largest observed corridor exposure
Saudi ArabiaSAUCritical attention53.3%31.6%9.9%Buyer-market concentration is the largest observed corridor exposure
PolandPOLWatch23.7%24%8.2%Volatile products account for the largest observed corridor exposure
USA, Puerto Rico and US Virgin IslandsUSAWatch17.7%24.9%4.7%Volatile products account for the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Sweden
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$118.9B0.1%Growing -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Slowing +1.1%
3ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$98.7B0%Accelerating -6.7%
4ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Slowing +10.5%
5IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$72.9B0%Accelerating -0.5%
6ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Slowing +20.6%
7ChinaHS6 710812 · Metals: gold, non-monetary, unwrought (but not powder)$80.8B$64.8B0%Accelerating +2.4%
8ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Slowing +4%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Sweden.
All HS4 export lines2024 ranking
Top HS4 export lines for Sweden
RankHS4Parent HS2 sectorExportsShareActive HS6
18703HS4 detail codeVehicles (87) ↗$14.7B7.9%14
22710HS4 detail codeMineral fuels (27) ↗$9.3B5%5
33004HS4 detail codePharmaceutical products (30) ↗$8.9B4.8%12
43002HS4 detail codePharmaceutical products (30) ↗$5.5B3%8
58708HS4 detail codeVehicles (87) ↗$5.2B2.8%14
64407HS4 detail codeWood and wood articles (44) ↗$3.7B2%18
78704HS4 detail codeVehicles (87) ↗$3.6B1.9%7
84810HS4 detail codePaper and paperboard (48) ↗$3.3B1.8%10
98517HS4 detail codeElectrical machinery (85) ↗$3.3B1.8%7
108408HS4 detail codeMachinery (84) ↗$2.9B1.6%3
110302HS4 detail codeFish and crustaceans (03) ↗$2.8B1.5%45
124703HS4 detail codePulp and paper waste (47) ↗$2.6B1.4%4

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Sweden combines $186.0B in exports with a broad partner network.

In 2024, Sweden recorded $186.0B in reported exports and $170.0B in imports, producing a reported trade surplus of $16.0B. Exports changed -1.9% year on year and +1.3% annualized over three years. Machinery (HS2 84) was the largest displayed export sector by value.

Destination network

Where Sweden exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Sweden
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1GermanyDEU$18.8B10.1%-3.7%-0.4%
2USA, Puerto Rico and US Virgin IslandsUSA$17.5B9.4%-1.3%+5.6%
3DenmarkDNK$13.9B7.5%-4.4%-2.9%
4NorwayNOR$12.6B6.8%+1.6%-2.3%
5FinlandFIN$10.3B5.6%-4.1%-1.9%
6NetherlandsNLD$9.8B5.3%-2.5%+1.7%
7United KingdomGBR$9.4B5.1%-1.8%-0.1%
8BelgiumBEL$8.6B4.6%+7.9%+9.7%
9ChinaCHN$8.0B4.3%-4.1%-3.4%
10FranceFRA$7.7B4.1%-14.5%-2.2%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$163.1B
2014
$160.8B
2015
$136.4B
2016
$133.8B
2017
$146.7B
2018
$159.6B
2019
$152.9B
2020
$146.1B
2021
$178.9B
2022
$188.8B
2023
$189.6B
2024
$186.0B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets108Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners2Country context
Shared-language partners1Country context
Average partner distance6,799 kmCalculated average
Partners with FTA40%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share33%

Covered value under attention

Critical share4%

Covered value marked critical

Below historical peak28.7%

Distance below route peaks

FTA-covered exports76.9%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score-0.9

History-based indicator

Partner concentration483.9

Partner HHI

Product concentration77

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3SWE
Exports Usd$186.0B
Imports Usd$170.0B
Trade Balance Usd$16.0B
Yoy Exports Growth Pct-1.9%
Yoy Imports Growth Pct-4%
Exports Cagr 3y Pct1.3%
Imports Cagr 3y Pct-0%
Export Partner Hhi483.9
Export Product Hhi77
Momentum Score-0.9
Risk Score2.8
Gdp Million Usd603,715.22 million USD
Gdp Per Capita Usd$57.1K
Population10,569,709
Labor Force5,486.4
Investment Rate Pct24.1%
Savings Rate Pct28%
Secondary Education Pct96%
Tertiary Education Pct25.4%
Total Factor Productivity2,720.8
Trade Openness Pct50.2%
Exports Gdp Pct26.2%
Num Active Partners270
Num Fta Partners108
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners2
Num Shared Language Partners1
Avg Partner Distance Km6,799 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta40
Pct Partners Shared Language0
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km6,787
Num Border Partners50
Num Colonial Partners50
Avg Substitution Elasticity-10.7
Pct Products High Elasticity76
Pct Products Low Elasticity3
Real Market Potential512,613.8
Foreign Market Potential28,637

Exposure fields

Country Iso3SWE
All History Lane Count50,418
Current Lane Count42,104
Critical Lane Count163
High Attention Lane Count4,616
High Volatility Lane Count19,928
Unrecovered Drawdown Lane Count22,862
Declining Demand Lane Count231
Concentrated Market Lane Count14,574
Access Friction Lane Count4,337
Buyer Macro Weakness Lane Count1,786
Monitored Exports Current Usd$176.8B
Attention Exports Usd$58.3B
Critical Exports Usd$7.1B
High Volatility Exports Usd$61.8B
Unrecovered Drawdown Exports Usd$42.9B
Non Fta Exports Usd$39.7B
Monitored Attention Share Pct33%
Monitored Critical Share Pct4%
Fta Covered Exports Share Pct76.9%
Export Weighted Volatility Cv1
Export Weighted Below Peak Pct28.7%
Export Weighted Distance Km2,989 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$186.0B
Total Imports Latest Usd$170.0B
Trade Balance Latest Usd$16.0B
Exports Yoy Latest Pct-1.9%
Exports Cagr 3y Latest Pct1.3%
Gdp Latest Million Usd603,715.22 million USD
Gdp Per Capita Latest Usd$57.1K
Population Latest10,569,709
Investment Rate Latest Pct24.1%
Savings Rate Latest Pct28%
Trade Openness Latest Pct50.2%
Exports Gdp Latest Pct26.2%
Active Partners Latest270
Fta Partners Latest108
Foreign Market Potential Latest28,637
Gdp 5y Cagr Pct2.6%
Gdp Per Capita 5y Cagr Pct2%
Population 5y Cagr Pct0.6%
Partner Hhi Latest483.9
Partner Top1 Share Latest Pct10.1%
Partner Top3 Share Latest Pct27%
Partner Hhi All Avg516.8
Partner Hhi All Max620.2
Product Hhi Latest77
Product Top1 Share Latest Pct3.8%
Product Top3 Share Latest Pct10.1%
Product Hhi All Avg78.9
Product Hhi All Max109.4
Total Exports Attention Share Pct31.4%
Total Exports Critical Share Pct3.8%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$71.7B$58.0B$13.7BNot reportedNot reported
1996$77.1B$60.8B$16.3B+7.6%Not reported
1997$75.5B$60.7B$14.8B-2.1%Not reported
1998$78.5B$64.3B$14.2B+4%+3.1%
1999$78.7B$65.0B$13.6B+0.2%+0.7%
2000$86.0B$72.0B$14.0B+9.3%+4.5%
2001$76.6B$63.4B$13.2B-10.9%-0.8%
2002$81.1B$66.7B$14.4B+5.8%+1%
2003$99.1B$81.4B$17.7B+22.2%+4.8%
2004$119.2B$96.9B$22.3B+20.3%+15.9%
2005$127.5B$107.6B$19.9B+6.9%+16.3%
2006$143.7B$121.9B$21.8B+12.7%+13.2%
2007$165.9B$144.7B$21.2B+15.4%+11.7%
2008$180.7B$160.3B$20.4B+8.9%+12.3%
2009$127.1B$113.9B$13.2B-29.7%-4%
2010$150.1B$138.8B$11.3B+18.1%-3.3%
2011$180.9B$166.1B$14.8B+20.5%+0%
2012$167.5B$154.2B$13.3B-7.4%+9.6%
2013$163.1B$151.2B$11.9B-2.7%+2.8%
2014$160.8B$153.5B$7.4B-1.4%-3.8%
2015$136.4B$129.6B$6.8B-15.2%-6.6%
2016$133.8B$131.2B$2.6B-2%-6.4%
2017$146.7B$142.2B$4.5B+9.7%-3%
2018$159.6B$157.2B$2.3B+8.8%+5.4%
2019$152.9B$145.7B$7.2B-4.2%+4.6%
2020$146.1B$136.4B$9.7B-4.4%-0.1%
2021$178.9B$170.1B$8.8B+22.4%+3.9%
2022$188.8B$184.2B$4.7B+5.6%+7.3%
2023$189.6B$177.0B$12.5B+0.4%+9.1%
2024$186.0B$170.0B$16.0B-1.9%+1.3%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
184Machinery$29.4B15.8%193514
287Vehicles$28.5B15.3%17887
385Electrical machinery$15.1B8.1%192262
430Pharmaceutical products$15.0B8%16543
527Mineral fuels$13.8B7.4%15743
648Paper and paperboard$9.5B5.1%174101
772Iron and steel$7.5B4.1%148167
839Plastics$6.2B3.4%183129
990Optical and medical instruments$5.1B2.7%186142
1044Wood and wood articles$4.8B2.6%155103

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
18703Vehicles (87)$14.7B7.9%14
22710Mineral fuels (27)$9.3B5%5
33004Pharmaceutical products (30)$8.9B4.8%12
43002Pharmaceutical products (30)$5.5B3%8
58708Vehicles (87)$5.2B2.8%14
64407Wood and wood articles (44)$3.7B2%18
78704Vehicles (87)$3.6B1.9%7
84810Paper and paperboard (48)$3.3B1.8%10
98517Electrical machinery (85)$3.3B1.8%7
108408Machinery (84)$2.9B1.6%3
110302Fish and crustaceans (03)$2.8B1.5%45
124703Pulp and paper waste (47)$2.6B1.4%4

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1GermanyDEU$18.8B10.1%-3.7%-0.4%
2USA, Puerto Rico and US Virgin IslandsUSA$17.5B9.4%-1.3%+5.6%
3DenmarkDNK$13.9B7.5%-4.4%-2.9%
4NorwayNOR$12.6B6.8%+1.6%-2.3%
5FinlandFIN$10.3B5.6%-4.1%-1.9%
6NetherlandsNLD$9.8B5.3%-2.5%+1.7%
7United KingdomGBR$9.4B5.1%-1.8%-0.1%
8BelgiumBEL$8.6B4.6%+7.9%+9.7%
9ChinaCHN$8.0B4.3%-4.1%-3.4%
10FranceFRA$7.7B4.1%-14.5%-2.2%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Norway (NOR)Watch35%35.9%2.8%Buyer-market concentration is the largest observed corridor exposure
2Germany (DEU)Watch20.3%29.8%3.7%Current trade remains materially below historical peaks
3Denmark (DNK)Watch37.5%27.2%3.8%Buyer-market concentration is the largest observed corridor exposure
4Finland (FIN)Watch45%33.5%3.8%Buyer-market concentration is the largest observed corridor exposure
5France (FRA)Watch31.9%34.2%3.8%Current trade remains materially below historical peaks
6Lithuania (LTU)Critical attention56%34.9%1.3%Volatile products account for the largest observed corridor exposure
7Belgium (BEL)Watch46.8%24.7%3.8%Buyer-market concentration is the largest observed corridor exposure
8Saudi Arabia (SAU)Critical attention53.3%31.6%9.9%Buyer-market concentration is the largest observed corridor exposure
9Poland (POL)Watch23.7%24%8.2%Volatile products account for the largest observed corridor exposure
10USA, Puerto Rico and US Virgin Islands (USA)Watch17.7%24.9%4.7%Volatile products account for the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Angola (AGO)843229new$1.1M18.6%100
2Angola (AGO)720110new$160.5K93.1%100
3Angola (AGO)480524new$1.2M14.3%100
4Brazil (BRA)380610new$1.5M25.1%100
5Australia (AUS)871631new$37.8M1.5%100
6Bolivia (BOL)843830new$1.7M89.4%100
7Botswana (BWA)880211new$2.2M10%100
8Central African Republic (CAF)340219new$123.8K96.1%100
9Central African Republic (CAF)850300new$790.2K35.8%100
10Botswana (BWA)390410new$17.4M2.3%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$118.9B0.1%Growing (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Slowing (+1.1%)
3China (CHN)270900$291.6B$98.7B0%Accelerating (-6.7%)
4China (CHN)854231$158.0B$93.1B0%Slowing (+10.5%)
5India (IND)270900$130.1B$72.9B0%Accelerating (-0.5%)
6China (CHN)854232$80.6B$65.7B0%Slowing (+20.6%)
7China (CHN)710812$80.8B$64.8B0%Accelerating (+2.4%)
8China (CHN)854239$81.8B$61.4B0%Slowing (+4%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Sweden export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Sweden export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Sweden.

What is the latest reported export value for Sweden?

Sweden recorded $186.0B in reported exports in 2024.

Which markets receive the most exports from Sweden?

Germany leads by reported export value at $18.8B in 2024. Five destination lanes are highlighted.

Which sectors lead Sweden's exports?

Machinery leads by reported value at $29.4B. Five HS2 chapters are highlighted.

How many years of Sweden trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

Take the country view into a broader Yugalinks workspace.

Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.