Italy / Sweden

Italy-Sweden Trade: In 2022, Italy exported $6.56B to Sweden. The main products that Italy exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($361M), Packaged Medicaments ($327M), and Industrial Fatty Acids, Oils and Alcohols ($259M). Over the past 5 years the exports of Italy to Sweden have increased at an annualized rate of 5.58%, from $5B in 2017 to $6.56B in 2022.

In 2020, Italy exported services to Sweden worth $1.1B, with Other business services ($720M), Communications services ($190M), and Travel ($122M) being the largest in terms of value.

Sweden-Italy Trade: In 2022, Sweden exported $6.15B to Italy. The main products that Sweden exported to Italy were Non-fillet Fresh Fish ($495M), Refined Copper ($402M), and Packaged Medicaments ($345M). Over the past 5 years the exports of Sweden to Italy have increased at an annualized rate of 8.96%,  from $4B in 2017 to $6.15B in 2022.

In 2020, Sweden exported services to Italy worth $876M, with Computer and information services ($214M), Other business services ($184M), and Personal, cultural, and recreational services ($153M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).