2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186

About

Sweden-Micronesia Trade: In 2022, Sweden exported $99 to Micronesia. The main products that Sweden exported to Micronesia were Video Displays ($99). Over the past 6 years the exports of Sweden to Micronesia have decreased at an annualized rate of 22.8%, from $467 in 2016 to $99 in 2022.

In 2022, Sweden did not export any services to Micronesia.

Micronesia-Sweden In N/A, Micronesia did not export any products to Sweden.

In 2022, Micronesia did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $99 to Micronesia. The main products exported from Sweden to Micronesia were Video Displays ($99). During the last 6 years the exports of Sweden to Micronesia have decreased at an annualized rate of 22.8%, from $467 in 2016 to $99 in 2022.

Micronesia does not register exports to Sweden. The main products exported from Micronesia to Sweden were Non-Knit Women's Suits ($38k), Non-Knit Women's Shirts ($1.58k), and Non-Knit Active Wear ($297).

Exports from Sweden (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Micronesia
Top Destination
Thailand$143M

This map shows whether countries import more from Sweden or Micronesia. Each country is colored based on the difference in imports they receive from Sweden and Micronesia or the difference in the growth in imports.

In 2022, countries that imported more from Sweden than Micronesia included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Micronesia than Sweden included Fiji ($1.5M).

Difference in imports from Micronesia (Flag) and Sweden (Flag) (2022)

Comparative Advantage Sweden - Micronesia

Flow
Scale

This chart compares trade between Sweden and Micronesia by product, considering products traded by both, Sweden and Micronesia.

During 2022, Sweden had a large net trade with Micronesia in the exports of Machines ($99).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Micronesia+N/AN/A
Top Product Potential Micronesia Sweden+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and Micronesia. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Micronesia. Similarly, a dot/product with the flag of Micronesia indicates it has a comparative advantage over Sweden.

Product Space of Sweden (Flag) and Micronesia (Flag) (2022)

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