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Sweden export Statistics

Sweden Export Data

The Kingdom of Sweden is another name for Sweden. Situated in Northern Europe, the nation is known as a Nordic nation. Sweden shares boundaries with several nations, including Germany, Denmark, Finland, Norway, and Estonia. Sweden's land area ranks it as the fifth largest country in Europe. Sweden is ranked 56th in the world regarding land area, with about 450,295 km^2 of land area. Understanding a country's export market is crucial for businesses and policymakers in today's globalized economy. Sweden, known for its innovation and high-quality products, has a thriving export sector. Sweden's strong export performance presents numerous opportunities for businesses looking to expand their international presence. By acquiring the export data, companies can identify potential markets and industries to target. Based on Sweden trade statistics, Sweden is ranked as the 33rd biggest exporter in the world.

According to Sweden's export data, Sweden exported goods worth $197.9 billion in 2023. Sweden's goods exports increased by 1% in comparison to the previous year. As per Sweden shipment data for 2023, nuclear reactors and machinery are the major exports of Sweden, while Germany is its biggest export partner. Sweden’s GDP is $593.27 billion, with a GDP export share of 55.20%. Sweden is a part of trading blocs such as the WTO and the EU. Let us now delve into Sweden exports data, exploring the trends, the major exports of Sweden, key industries, and potential business opportunities in 2023 based on Sweden statistical data. 

Sweden Export Data | Sweden Trade Data

33

The country has been ranked 33rd in global exports, showing a significant position in the international trade and export landscape. 

1.1%

With a mere 1.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest export partner of the country in terms of goods exports and export share. 

NUCLEAR REACTORS AND MACHINERY

Nuclear reactors and machinery are the major and biggest export commodities of the country, playing a vital role in its economy.

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Top 10 Exports of Sweden: Sweden Exports by HS Code

Sweden, known for its innovative and globally competitive economy, boasts an impressive list of top exports that contribute to its thriving international trade relationships. Among the top 10 exports of Sweden, petroleum oil stands tall as the leading category, representing the nation's prowess. Sweden’s top 10 exports in 2023 according to the Sweden export data and Sweden trade data are:

  • Nuclear reactors and machinery (HS code 84): 14.55% ($28.78 billion)
  • Vehicles (HS code 87): 13.96% ($27.61 billion)
  • Electrical machinery and equipment (HS code 85): 8.72% ($17.24 billion)
  • Mineral fuels and oils (HS code 27): 7.47% ($14.76 billion)
  • Pharmaceutical products (HS code 30): 6.87% ($13.58 billion)
  • Paper and paperboard (HS code 48): 4.57% ($9.04 billion)
  • Iron and steel (HS code 72): 4.42% ($8.73 billion)
  • Plastics and articles thereof (HS code 39): 4.03% ($7.97 billion)
  • Fish and other aquatic invertebrates (HS code 03): 3.11% ($6.14 billion)
  • Wood and articles of wood (HS code 44): 2.86% ($5.65 billion)
    • Partners

    Top 10 Export Partners of Sweden: Sweden Exports by Country

    As for its export partners, Germany maintains its position as Sweden's top export destination, showcasing the strong trade ties between these two European powerhouses. Sweden’s top 10 export partners in 2023 according to Sweden shipment data and Sweden trade activities include:

    Value In Percentage(%)

  • Germany: 10.3% (20.32 billion US$)
  • Norway: 9.2% (18.24 billion US$)
  • USA: 8.6% (17.08 billion US$)
  • Denmark: 7% (13.85 billion US$)
  • Finland: 6.9% (13.58 billion US$)
  • Netherlands: 5.4% (10.61 billion US$)
  • United Kingdom: 5.3% (10.47 billion US$)
  • France: 4.4% (8.68 billion US$)
  • Belgium: 4.3% (8.43 billion US$)
  • Poland: 3.8% (7.53 billion US$)
    • Sample Data

    Understanding Sweden Statistical Data for Exports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Sweden export data refers to the information and statistics about goods and services that are exported from Sweden to other countries. This data highlights the value, quantity, destination, and other relevant details of Sweden's exports. It provides valuable insights into the trends and dynamics of Sweden's export market. According to Sweden's export trade data, Sweden exported goods worth $197.9 billion in 2023. Many fields are included in Sweden trade data and Sweden statistical data. These fields can be found in both Sweden's export data and Sweden's trade data. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions for Sweden exports and imports. Understanding Sweden's export data is essential for businesses and policymakers seeking to tap into the country's export market. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions to the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Sweden Export Data
    ID 9216 MONTH JUL-24
    FLOW Export STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    Exporter Country Sweden DESTINATION COUNTRY Italy
    TRADE TYPE Intra-EU Trade QTY 1
    UNIT NUMBER OF ITEMS NET WEIGHT 500
    US FOB 5588 VALUE IN EUROS 5154
    Benefits

    Benefits of Sweden Export Data

  • Obtain superior revenue from the Swedish export market.
  • Determine Sweden's present product demand.
  • Access exclusive export trends in Sweden.
  • Create your marketing plan based on export data.
  • Make a significant impact on Sweden's export market.
  • Establish objectives for the future and maximize earnings.

    • Frequently Asked Questions!!

    As of now, Sweden's export data for its total goods exports in 2023 is accounting for $197.9 billion.

    According to the Sweden trade records for 2023, the top exports of Sweden in the previous year were nuclear reactors and machinery, vehicles, pharmaceuticals, and electrical equipment.

    Some of the key industries driving Sweden's export growth in 2023 are expected to be information technology, clean energy, and life sciences, as per Sweden trade statistics. 

    Based on Sweden trade activities for 2023, Sweden's top trading partners include Germany, Norway, Denmark, the United States, and the United Kingdom.

    Sweden's export data is generally similar to that of other Scandinavian countries, with a strong focus on technology, innovation, and sustainability.

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