2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Estonia-Sweden Trade: In 2022, Estonia exported $1.9B to Sweden. The main products that Estonia exported to Sweden were Broadcasting Equipment ($170M), Prefabricated Buildings ($147M), and Wood Carpentry ($84.9M). Over the past 5 years the exports of Estonia to Sweden have increased at an annualized rate of 1.26%, from $1.78B in 2017 to $1.9B in 2022.

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) being the largest in terms of value.

Sweden-Estonia Trade: In 2022, Sweden exported $1.63B to Estonia. The main products that Sweden exported to Estonia were Cars ($401M), Refined Petroleum ($64.6M), and Delivery Trucks ($54.6M). Over the past 5 years the exports of Sweden to Estonia have increased at an annualized rate of 5.94%,  from $1.22B in 2017 to $1.63B in 2022.

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $1.9B to Sweden. The main products exported from Estonia to Sweden were Broadcasting Equipment ($170M), Prefabricated Buildings ($147M), and Wood Carpentry ($84.9M). During the last 5 years the exports of Estonia to Sweden have increased at an annualized rate of 1.26%, from $1.78B in 2017 to $1.9B in 2022.

In 2017, Sweden exported $1.63B to Estonia. The main products exported from Sweden to Estonia were Cars ($401M), Refined Petroleum ($64.6M), and Delivery Trucks ($54.6M). During the last 5 years the exports of Sweden to Estonia have increased at an annualized rate of 5.94%, from $1.22B in 2022 to $1.63B in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Sweden (Flag)

Estonia Exports

Sweden Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Estonia than Sweden included Latvia ($2.77B), Russia ($1.38B), and Belarus ($115M).

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

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

Comparative Advantage Estonia - Sweden

Flow
Scale

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

During 2022, Estonia had a large net trade with Sweden in the exports of Machines ($520M), Wood Products ($343M), and Miscellaneous ($283M).

During 2017, Sweden had a large net trade with Estonia in the exports of Transportation ($523M), Machines ($303M), and Metals ($162M).

Potential Exports

Potential Exports

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

N/A

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Bilateral Service Trade

In 2020, Estonia exported services to Sweden worth $532M, with Transportation ($156M), Other business services ($156M), and Construction services ($99.7M) being the largest in terms of value.

In 2020, Sweden exported services to Estonia worth $204M, with Other business services ($95.6M), Travel ($28.6M), and Communications services ($20.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Sweden (Flag) (2020)

Services Exports from Sweden (Flag) to Estonia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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