Sweden (SWE)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$195.76B

Imports

$188.97B

Total trade

$384.73B

Trade balance

$6.79B

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Sweden - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

Germany (DEU)

Total

13.0%

Exports

10.0%

$19.58B

Imports

16.2%

$30.54B

Total

13.0%

$50.12B

Rank #2

Norway (NOR)

Total

9.5%

Exports

9.6%

$18.83B

Imports

9.4%

$17.74B

Total

9.5%

$36.57B

Rank #3

Netherlands (NLD)

Total

8.0%

Exports

5.2%

$10.15B

Imports

10.9%

$20.52B

Total

8.0%

$30.67B

Rank #4

Denmark (DNK)

Total

6.7%

Exports

6.8%

$13.24B

Imports

6.6%

$12.55B

Total

6.7%

$25.79B

Rank #5

USA (USA)

Total

6.3%

Exports

8.7%

$17.05B

Imports

3.9%

$7.30B

Total

6.3%

$24.36B

Rank #6

Finland (FIN)

Total

5.7%

Exports

6.7%

$13.05B

Imports

4.7%

$8.89B

Total

5.7%

$21.94B

Rank #7

China (CHN)

Total

5.0%

Exports

3.7%

$7.16B

Imports

6.3%

$11.93B

Total

5.0%

$19.09B

Rank #8

Belgium (BEL)

Total

4.7%

Exports

4.6%

$9.09B

Imports

4.7%

$8.97B

Total

4.7%

$18.06B

Rank #9

United Kingdom (GBR)

Total

4.2%

Exports

5.2%

$10.18B

Imports

3.3%

$6.16B

Total

4.2%

$16.34B

Rank #10

Poland (POL)

Total

4.2%

Exports

3.8%

$7.53B

Imports

4.6%

$8.65B

Total

4.2%

$16.18B

Rank	Partner	Export dependency	Import dependency	Total dependency
1	Germany (DEU)	10.0% $19.58B	16.2% $30.54B	13.0% $50.12B
2	Norway (NOR)	9.6% $18.83B	9.4% $17.74B	9.5% $36.57B
3	Netherlands (NLD)	5.2% $10.15B	10.9% $20.52B	8.0% $30.67B
4	Denmark (DNK)	6.8% $13.24B	6.6% $12.55B	6.7% $25.79B
5	USA (USA)	8.7% $17.05B	3.9% $7.30B	6.3% $24.36B
6	Finland (FIN)	6.7% $13.05B	4.7% $8.89B	5.7% $21.94B
7	China (CHN)	3.7% $7.16B	6.3% $11.93B	5.0% $19.09B
8	Belgium (BEL)	4.6% $9.09B	4.7% $8.97B	4.7% $18.06B
9	United Kingdom (GBR)	5.2% $10.18B	3.3% $6.16B	4.2% $16.34B
10	Poland (POL)	3.8% $7.53B	4.6% $8.65B	4.2% $16.18B

Generated by TradeVedia.comSource: UN Comtrade

Sweden's total trade reached $384.7B in 2024, with exports of $195.8B and imports of $189.0B.
The country held a global rank of 29 for total trade, with a positive trade balance of $6.8B.
Germany was the top export partner, accounting for 10.0% of exports with a value of $19.6B.
Germany was also the largest source of imports, providing $30.5B, which is 16.2% of the total.
The leading export category was Machinery and mechanical appliances (HS2 84), valued at $28.4B.
The top import category was Electrical machinery and equipment (HS2 85), with a total value of $23.9B.

Sweden's Trade Performance in 2024

In 2024, Sweden engaged in $384.7B of total trade, ranking 29th worldwide. The nation's exports totaled $195.8B against imports of $189.0B, resulting in a trade surplus of $6.8B. Sweden's primary export partners include European neighbors and the United States, reflecting its integration into global supply chains.

Top Export and Import Categories

Sweden's export economy is driven by advanced manufacturing. The top export category is Machinery and mechanical appliances (HS2 84), which accounted for $28.4B or 14.5% of total exports. This is followed by Vehicles (HS2 87) at $26.5B. On the import side, Sweden's primary needs include Electrical machinery and equipment (HS2 85) at $23.9B and Mineral fuels (HS2 27) valued at $19.5B.

Key Trading Partners

Germany is Sweden's most significant trading partner for both exports and imports, with exports valued at $19.6B and imports at $30.5B. Other major export destinations include Norway ($18.8B) and the United States ($17.1B). For imports, the Netherlands plays a crucial role, providing $20.5B worth of goods, representing 10.9% of Sweden's total imports.

Exports

Sweden - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$28.37B

14.5% share

#2 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$26.45B

13.5% share

#3 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$17.96B

9.2% share

#4 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$13.94B

7.1% share

#5 • HS 30

Pharmaceutical products

$13.47B

6.9% share

#6 • HS 48

Paper and paperboard; articles of paper pulp, of paper or paperboard

$9.43B

4.8% share

#7 • HS 99

Commodities not specified according to kind

$7.78B

4.0% share

#8 • HS 72

Iron and steel

$7.09B

3.6% share

#9 • HS 39

Plastics and articles thereof

$6.67B

3.4% share

#10 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$5.25B

2.7% share

#11 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$4.91B

2.5% share

#12 • HS 44

Wood and articles of wood; wood charcoal

$4.89B

2.5% share

#13 • HS 74

Copper and articles thereof

$3.90B

2.0% share

#14 • HS 26

Ores, slag and ash

$3.63B

1.9% share

#15 • HS 38

Chemical products n.e.c.

$3.12B

1.6% share

Rank	Category	Value	Share
1	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$28.37B	14.5%
2	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$26.45B	13.5%
3	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$17.96B	9.2%
4	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$13.94B	7.1%
5	Pharmaceutical products	$13.47B	6.9%
6	Paper and paperboard; articles of paper pulp, of paper or paperboard	$9.43B	4.8%
7	Commodities not specified according to kind	$7.78B	4.0%
8	Iron and steel	$7.09B	3.6%
9	Plastics and articles thereof	$6.67B	3.4%
10	Fish and crustaceans, molluscs and other aquatic invertebrates	$5.25B	2.7%
11	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$4.91B	2.5%
12	Wood and articles of wood; wood charcoal	$4.89B	2.5%
13	Copper and articles thereof	$3.90B	2.0%
14	Ores, slag and ash	$3.63B	1.9%
15	Chemical products n.e.c.	$3.12B	1.6%

Labels hide HS codes by default — hover a category to reveal the code.

Sweden - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Sweden - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Sweden - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$23.92B

12.7% share

#2 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$23.77B

12.6% share

#3 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$19.86B

10.5% share

#4 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$19.54B

10.3% share

#5 • HS 99

Commodities not specified according to kind

$9.15B

4.8% share

#6 • HS 30

Pharmaceutical products

$7.36B

3.9% share

#7 • HS 39

Plastics and articles thereof

$5.81B

3.1% share

#8 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$5.78B

3.1% share

#9 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$4.88B

2.6% share

#10 • HS 72

Iron and steel

$4.38B

2.3% share

#11 • HS 73

Iron or steel articles

$3.81B

2.0% share

#12 • HS 94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

$3.14B

1.7% share

#13 • HS 44

Wood and articles of wood; wood charcoal

$2.56B

1.4% share

#14 • HS 28

Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes

$2.50B

1.3% share

#15 • HS 62

Apparel and clothing accessories; not knitted or crocheted

$2.45B

1.3% share

Rank	Category	Value	Share
1	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$23.92B	12.7%
2	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$23.77B	12.6%
3	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$19.86B	10.5%
4	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$19.54B	10.3%
5	Commodities not specified according to kind	$9.15B	4.8%
6	Pharmaceutical products	$7.36B	3.9%
7	Plastics and articles thereof	$5.81B	3.1%
8	Fish and crustaceans, molluscs and other aquatic invertebrates	$5.78B	3.1%
9	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$4.88B	2.6%
10	Iron and steel	$4.38B	2.3%
11	Iron or steel articles	$3.81B	2.0%
12	Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings	$3.14B	1.7%
13	Wood and articles of wood; wood charcoal	$2.56B	1.4%
14	Inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes	$2.50B	1.3%
15	Apparel and clothing accessories; not knitted or crocheted	$2.45B	1.3%

Labels hide HS codes by default — hover a category to reveal the code.

Sweden - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Sweden - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade