Suècia: Visió econòmica i política
The Swedish economy is very open to foreign trade, which represents 106% of its GDP (World Bank – latest data available). According to the latest data by Statistics Sweden, in the period between January and November 2024, the country mainly exported machinery and transport equipment (44.6%, mostly industrial machinery and road vehicles, at 14.4% and 14.3%, respectively), chemicals and rubber products (15.3%), minerals (10.3%), and wood and paper products (9.1%); whereas imports are led by machinery and transport equipment (43.8%, especially electronics and telecommunication items, at 16.1%), chemicals and rubber products (13.3%), food, beverage and tobacco (11.4%), and mineral fuels (10.3%).
In the same period, Germany and Norway were the top destinations for Swedish exports (10.3% and 9.7%, respectively), ahead of the U.S. (9%), Denmark, and Finland (6.7% each). Germany remained the largest supplier of goods to Sweden (16.1%), followed by the Netherlands (11%), Norway (10%), Denmark (6.6%), Finland and China (5% each). The European Union as a whole is Sweden's biggest trading partner and the country has a structural deficit from its trade with the EU, which accounted for 54.2% of exports and 66.9% of imports (data Statistics Sweden).
Sweden has a structurally positive trade balance: in 2023, the country recorded a trade surplus accounting for nearly 4% of its GDP (from 1.9% one year earlier - World Bank). In the same year, exports of goods stood at USD 197.8 billion (stable year-on-year), against USD 193 billion in imports (-4.5% y-o-y). As for services, exports grew by 10.5% (at USD 104.3 billion) with imports increasing at a slower pace (+7.5%), totalling USD 112.8 billion. According to provisional data from Statistics Sweden, in the period January–November 2024, the value of Swedish exports of goods amounted to SEK 1,897 billion, a decrease of 6% vis-à-vis 2023. At the same time, the value of imports of goods went down by 3% and amounted to SEK 1,836 billion.
| Foreign Trade Values | 2020 | 2021 | 2022 | 2023 | 2024 |
| Imports of Goods (million USD) | 149,985 | 187,108 | 203,086 | 193,138 | 187,958 |
| Exports of Goods (million USD) | 155,496 | 189,524 | 197,736 | 197,469 | 194,598 |
| Imports of Services (million USD) | 74,091 | 92,054 | 106,453 | 112,902 | 124,707 |
| Exports of Services (million USD) | 71,703 | 90,608 | 96,693 | 104,070 | 115,623 |
Source: World Trade Organisation (WTO) ; Latest available data
| Foreign Trade Indicators | 2020 | 2021 | 2022 | 2023 | 2024 |
| Foreign Trade (in % of GDP) | 84.3 | 90.3 | 105.9 | 106.7 | 104.8 |
| Trade Balance (million USD) | 25,856 | 30,536 | 23,564 | 32,974 | 37,463 |
| Trade Balance (Including Service) (million USD) | 23,842 | 29,421 | 14,102 | 25,138 | 29,326 |
| Imports of Goods and Services (Annual % Change) | -6.3 | 12.8 | 9.7 | -0.8 | 1.7 |
| Exports of Goods and Services (Annual % Change) | -5.5 | 11.9 | 6.2 | 3.7 | 2.3 |
| Imports of Goods and Services (in % of GDP) | 40.1 | 43.0 | 52.0 | 51.4 | 50.2 |
| Exports of Goods and Services (in % of GDP) | 44.3 | 47.3 | 53.9 | 55.4 | 54.6 |
Source: World Bank ; Latest available data
| Foreign Trade Forecasts | 2025 | 2026 (e) | 2027 (e) | 2028 (e) | 2029 (e) |
|---|---|---|---|---|---|
| Volume of exports of goods and services (Annual % change) | 2.5 | 2.6 | 2.4 | 2.4 | 2.5 |
| Volume of imports of goods and services (Annual % change) | 2.4 | 2.9 | 2.8 | 2.5 | 2.5 |
Source: IMF, World Economic Outlook ; Latest available data
Note: (e) Estimated Data
| Main Customers (% of Exports) |
2024 |
| Germany | 10.0% |
| Norway | 9.6% |
| United States | 8.7% |
| Denmark | 6.8% |
| Finland | 6.7% |
| United Kingdom | 5.2% |
| Netherlands | 5.2% |
| Belgium | 4.6% |
| France | 4.1% |
| Poland | 3.8% |
| China | 3.7% |
| Italy | 2.9% |
| Spain | 2.2% |
| Canada | 1.4% |
| Japan | 1.2% |
| Türkiye | 1.0% |
| Austria | 1.0% |
| India | 1.0% |
| Estonia | 0.9% |
| Switzerland | 0.9% |
| See More Countries | 58.2% |
| Main Suppliers (% of Imports) |
2024 |
| Germany | 16.2% |
| Netherlands | 10.9% |
| Norway | 9.4% |
| Denmark | 6.6% |
| China | 6.3% |
| Belgium | 4.7% |
| Finland | 4.7% |
| Poland | 4.6% |
| United States | 3.9% |
| France | 3.4% |
| Italy | 3.3% |
| United Kingdom | 3.3% |
| Czech Republic | 1.9% |
| Spain | 1.8% |
| Austria | 1.1% |
| Ireland | 1.0% |
| Hungary | 0.9% |
| Slovakia | 0.9% |
| Estonia | 0.8% |
| Lithuania | 0.8% |
| See More Countries | 50.6% |
Source: Comtrade, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
Source: Comtrade, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
To go further, check out our service Import-Export Flows.
| 112.7 bn USD of services exported in 2024 | |
| 30.72% | |
| Miscellaneous business,...Miscellaneous business, professional, and technical services | 23.59% |
| Research and developmentResearch and development | 7.13% |
| Other business servicesOther business services | 2.08% |
| 21.28% | |
| 12.73% | |
| 9.69% | |
| 9.50% | |
| 9.40% | |
| 3.65% | |
| 1.10% | |
| 1.00% | |
| 0.94% | |
| 118.2 bn USD of services imported in 2024 | |
| 38.43% | |
| Miscellaneous business,...Miscellaneous business, professional, and technical services | 28.75% |
| Research and developmentResearch and development | 9.68% |
| Other business servicesOther business services | 0.73% |
| 15.18% | |
| 15.16% | |
| 13.24% | |
| 11.83% | |
| 2.00% | |
| 1.69% | |
| 1.66% | |
| 0.59% | |
| 0.23% | |
Source: United Nations Statistics Division, 2025. Because of rounding, the sum of the percentages may be smaller/greater than 100%.
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Actualitzacions: November 2025
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