Sweden

Compare Sweden →

SE · SWE · BACI 752 · latest data 2024

Exports

$183.4B USD, nominal · 2024

= $183,440 M19.9% over 5 yrs (up)

Imports

$175.3B USD, nominal · 2024

= $175,291 M17.3% over 5 yrs (up)

Trade balancesurplus

$8.1B USD, nominal · 2024

= $8,148 M

Total trade

$358.7B USD, nominal · 2024

= $358,731 M18.6% over 5 yrs (up)

World position: #31 of 225 exporters · top 25% · #31 of 225 importers · top 25% · 2024
World export share since 1995: −0.7 pp

Trade timeline

Sweden's exports grew from $76.7B in 1995 to $183.4B in 2024; the 2024 balance was $8.1B.

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Exports, imports, trade balance and total trade of Sweden per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$76,659 M	$62,580 M	$14,079 M	$139,239 M
1996	$81,600 M	$65,460 M	$16,140 M	$147,060 M
1997	$82,196 M	$64,293 M	$17,904 M	$146,489 M
1998	$84,458 M	$66,307 M	$18,151 M	$150,765 M
1999	$84,669 M	$64,344 M	$20,325 M	$149,013 M
2000	$87,283 M	$70,827 M	$16,456 M	$158,109 M
2001	$80,780 M	$63,598 M	$17,182 M	$144,378 M
2002	$84,859 M	$67,950 M	$16,908 M	$152,809 M
2003	$101,189 M	$83,636 M	$17,553 M	$184,825 M
2004	$121,631 M	$100,257 M	$21,375 M	$221,888 M
2005	$131,292 M	$110,752 M	$20,539 M	$242,044 M
2006	$146,976 M	$126,302 M	$20,674 M	$273,278 M
2007	$166,805 M	$151,730 M	$15,075 M	$318,536 M
2008	$183,816 M	$162,732 M	$21,083 M	$346,548 M
2009	$128,821 M	$116,586 M	$12,235 M	$245,407 M
2010	$149,583 M	$143,456 M	$6,126 M	$293,039 M
2011	$181,327 M	$166,171 M	$15,156 M	$347,498 M
2012	$166,227 M	$158,771 M	$7,455 M	$324,998 M
2013	$163,438 M	$151,047 M	$12,391 M	$314,484 M
2014	$160,513 M	$153,325 M	$7,188 M	$313,837 M
2015	$137,357 M	$130,665 M	$6,692 M	$268,021 M
2016	$133,938 M	$133,183 M	$755 M	$267,120 M
2017	$148,349 M	$144,838 M	$3,511 M	$293,186 M
2018	$160,717 M	$158,961 M	$1,755 M	$319,678 M
2019	$152,945 M	$149,421 M	$3,524 M	$302,366 M
2020	$146,655 M	$139,661 M	$6,994 M	$286,316 M
2021	$176,610 M	$175,290 M	$1,320 M	$351,899 M
2022	$189,498 M	$188,683 M	$815 M	$378,181 M
2023	$188,292 M	$178,299 M	$9,993 M	$366,592 M
2024	$183,440 M	$175,291 M	$8,148 M	$358,731 M

30 rows

World share & rank

World export share moved from 1.5% in 1995 to 0.8% in 2024; export rank #17 → #31.

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World export and import share in percent, and world ranks, of Sweden per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.51%	1.24%	#17	#20
1996	1.52%	1.22%	#18	#20
1997	1.47%	1.15%	#18	#20
1998	1.52%	1.19%	#17	#18
1999	1.47%	1.12%	#17	#19
2000	1.34%	1.09%	#18	#19
2001	1.28%	1.01%	#19	#20
2002	1.28%	1.03%	#19	#20
2003	1.32%	1.09%	#19	#19
2004	1.32%	1.09%	#20	#20
2005	1.25%	1.06%	#21	#22
2006	1.22%	1.05%	#21	#23
2007	1.19%	1.08%	#22	#23
2008	1.14%	1.01%	#24	#26
2009	1.03%	0.94%	#25	#27
2010	0.99%	0.95%	#26	#27
2011	1.01%	0.93%	#26	#28
2012	0.92%	0.88%	#26	#29
2013	0.90%	0.83%	#27	#29
2014	0.87%	0.84%	#30	#30
2015	0.86%	0.81%	#31	#31
2016	0.86%	0.85%	#31	#31
2017	0.85%	0.83%	#31	#30
2018	0.84%	0.83%	#31	#30
2019	0.83%	0.81%	#31	#30
2020	0.86%	0.81%	#31	#30
2021	0.82%	0.82%	#31	#30
2022	0.79%	0.78%	#32	#30
2023	0.83%	0.79%	#31	#31
2024	0.80%	0.77%	#31	#31

30 rows

Trading partners

Germany was Sweden's top trading partner in 2024, at 12.9% of total trade; the top five partners covered 41.7%.

Year

Top partner share: 12.9%
Top-5 share: 41.7%
Partners: 224
Partner HHI (0–1): 0.053

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Germany $17.8B

United States $17.7B

Denmark $14.0B

Norway $11.1B

Netherlands $10.2B

United Kingdom $9.8B

Finland $8.7B

Belgium $8.3B

France $7.9B

China $7.8B

Poland $6.5B

Italy $5.6B

Spain $4.4B

Japan $2.9B

Czechia $1.8B

View partner table

Top partners of Sweden in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	Germany	$17,849 M	$28,588 M	$46,438 M	−$10,739 M
#2	Netherlands	$10,187 M	$17,321 M	$27,508 M	−$7,134 M
#3	Denmark	$13,976 M	$11,376 M	$25,352 M	$2,600 M
#4	Norway	$11,080 M	$14,061 M	$25,141 M	−$2,980 M
#5	United States	$17,720 M	$7,324 M	$25,044 M	$10,395 M
#6	China	$7,811 M	$11,850 M	$19,661 M	−$4,039 M
#7	Finland	$8,743 M	$8,256 M	$16,998 M	$487 M
#8	Belgium	$8,264 M	$8,448 M	$16,712 M	−$183 M
#9	United Kingdom	$9,808 M	$5,978 M	$15,785 M	$3,830 M
#10	Poland	$6,484 M	$8,065 M	$14,549 M	−$1,581 M
#11	France	$7,920 M	$6,166 M	$14,087 M	$1,754 M
#12	Italy	$5,577 M	$5,600 M	$11,177 M	−$22 M
#13	Spain	$4,417 M	$3,307 M	$7,724 M	$1,111 M
#14	Czechia	$1,754 M	$3,662 M	$5,416 M	−$1,908 M
#15	Japan	$2,893 M	$1,427 M	$4,319 M	$1,466 M

15 rows

Products & sectors

Product composition of Sweden's trade in 2024.

Year

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Concentration & risk

Sweden's export partners diversified over 1995–2024 — HHI 0.054 → 0.047, a diversified export base across 216 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Sweden per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.054	0.082	197	176
1996	0.052	0.080	200	177
1997	0.049	0.078	199	172
1998	0.052	0.077	199	175
1999	0.051	0.074	201	182
2000	0.050	0.071	208	188
2001	0.052	0.072	208	191
2002	0.052	0.073	209	192
2003	0.051	0.072	208	191
2004	0.050	0.072	214	201
2005	0.051	0.070	213	197
2006	0.050	0.069	215	203
2007	0.047	0.070	218	206
2008	0.046	0.068	214	201
2009	0.045	0.067	216	204
2010	0.046	0.067	214	209
2011	0.044	0.068	217	205
2012	0.045	0.066	212	211
2013	0.046	0.066	218	217
2014	0.046	0.065	217	216
2015	0.047	0.065	217	214
2016	0.047	0.068	222	218
2017	0.047	0.070	220	218
2018	0.047	0.066	220	219
2019	0.048	0.066	218	220
2020	0.049	0.069	216	218
2021	0.049	0.068	219	222
2022	0.049	0.066	217	223
2023	0.048	0.067	216	223
2024	0.047	0.065	216	218

30 rows

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