Sweden / Belgium

Sweden-Belgium Trade: In 2022, Sweden exported $7.35B to Belgium. The main products that Sweden exported to Belgium were Motor vehicles; parts and accessories (8701 to 8705) ($1.06B), Refined Petroleum ($1.03B), and Combustion Engines ($659M). Over the past 5 years the exports of Sweden to Belgium have increased at an annualized rate of 1.73%, from $6.75B in 2017 to $7.35B in 2022.

In 2020, Sweden exported services to Belgium worth $978M, with Other business services ($405M), Transportation ($199M), and Computer and information services ($135M) being the largest in terms of value.

Belgium-Sweden Trade: In 2022, Belgium exported $7.73B to Sweden. The main products that Belgium exported to Sweden were Cars ($2.48B), Vaccines, blood, antisera, toxins and cultures ($439M), and Refined Petroleum ($240M). Over the past 5 years the exports of Belgium to Sweden have increased at an annualized rate of 4.76%,  from $6.13B in 2017 to $7.73B in 2022.

In 2020, Belgium exported services to Sweden worth $1.95B, with Other business services ($844M), Transportation ($643M), and Computer and information services ($255M) being the largest in terms of value.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).