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Sweden import Statistics

Sweden Import Data

The Kingdom of Sweden is another name for Sweden. Situated in Northern Europe, the nation is known as a Nordic nation. Sweden shares boundaries with several nations, including Germany, Denmark, Finland, Norway, and Estonia. It has been ranked as the world's sixteenth richest nation. Regarding GDP, the nation is ranked 22nd globally, while its economies are among the most complicated in the world, coming in at number seven. Sweden is ranked 32nd out of 226 nations in terms of total imports in 2023, according to Sweden trade statistics. In today's globalized world, trade between nations plays a crucial role in economic growth and development. As a key player in international trade, Sweden relies heavily on import activities to meet the demands of its consumers and support its industries. 

According to Sweden's import data, Sweden imported goods worth $193 billion in 2023. Sweden's imports of goods fell by 5% in comparison to the previous year. As per Sweden shipment data for 2023, electrical machinery and equipment are Sweden’s biggest imports, while Germany is its biggest import partner. Sweden’s total GDP is $593.27 billion, with a GDP import share of 49.58%. Sweden is a part of major trading blocs such as the WTO and the EU. To gain valuable insights into Sweden's import trends, it is essential to analyze Sweden's import data, specifically focusing on Sweden statistical data for 2023. 

Sweden Import Data | Sweden Statistical Data

32

The country has been ranked 32nd in global imports, showing a significant position in the international trade landscape and import market.

1.1%

With a mere 1.1% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

GERMANY

Germany holds a significant role as the largest import partner of the country in terms of goods imports and import share.

ELECTRICAL MACHINERY AND EQUIPMENT

Electrical machinery and equipment are the biggest import commodities of the country, playing a vital role in its economy.

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Top 10 Imports of Sweden: Sweden Import Data by HS Code

Sweden, known for its strong economy and high standard of living, relies on a diverse range of imported goods to meet its domestic demands.  In terms of imports, the top 10 product categories for Sweden include machinery, petroleum, vehicles, and pharmaceuticals. The top 10 imports of Sweden in 2023 according to Sweden import data and Sweden trade data are:

  • Electrical machinery and equipment (HS code 85): 12.67% ($24.45 billion)
  • Nuclear reactors and machinery (HS code 84): 12.4% ($23.93 billion)
  • Vehicles (HS code 87): 11.45% ($22.10 billion)
  • Mineral fuels and oils (HS code 27): 11.18% ($21.58 billion)
  • Pharmaceutical products (HS code 30): 4.73% ($9.13 billion)
  • Fish and other aquatic invertebrates (HS code 03): 3.35% ($6.46 billion)
  • Plastics and articles thereof (HS code 39): 3.16% ($6.10 billion)
  • Iron and steel (HS code 72): 2.98% ($5.74 billion)
  • Optical, medical, or surgical instruments (HS code 90): 2.6% ($5.02 billion)
  • Articles of iron or steel (HS code 73): 2.51% ($4.85 billion)
    • Partners

    Top 10 Import Partners of Sweden: Sweden Import Data by Country

    When it comes to import partners, Germany leads the way as Sweden's largest import source, followed by Norway, Netherlands, and China. These countries play a crucial role in supplying Sweden with essential goods and resources. Sweden’s top 10 import partners in 2023 based on Sweden shipment data and Sweden trade activities include:

    Value In Percentage(%)

  • Germany: 16.7% (32.18 billion US$)
  • Netherlands: 10.7% (20.70 billion US$)
  • Norway: 10.3% (19.92 billion US$)
  • Denmark: 6.4% (12.30 billion US$)
  • China: 5.7% (10.93 billion US$)
  • Belgium: 5% (9.71 billion US$)
  • Finland: 4.6% (8.79 billion US$)
  • Poland: 4.4% (8.56 billion US$)
  • France: 3.7% (7.17 billion US$)
  • USA: 3.7% (7.13 billion US$)
    • Sample Data

    Understanding the Sweden Statistical Data for Imports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Import data refers to the records or statistics that provide detailed information on the goods and services a country brings in from other nations. By analyzing this data, we can identify valuable patterns, trends, and changes in Sweden's import activities, enabling us to make informed decisions and projections. The import data for Sweden in 2023 revealed a significant increase in both import volume and value. According to Sweden statistical data, Sweden imported goods worth $193 billion in 2023. The information we give you about Sweden's import data and shipment data is highly helpful and informative. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from organizations, other shipping firms, and approved ports in Sweden. Import data from Sweden includes many fields. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, this statistical trade data is crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and product descriptions, the quantity and cost of each product. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. So, as you can see, in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the product description, quantity, and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide.

    Sweden Import Data
    ID 32603 MONTH JUL-24
    FLOW Import STAT REGIME Normal
    HS CODE 01012100 PRODUCT DESCRIPTION Pure-bred breeding horses
    Importer Country Sweden ORIGIN COUNTRY Iceland
    TRADE TYPE Extra-EU Trade QTY 6
    UNIT NUMBER OF ITEMS NET WEIGHT 2100
    US CIF 335182 VALUE IN EUROS 309151
    Benefits

    Benefits of Sweden Import Data

  • Take your business to the Swedish market.
  • View the most recent estimates for Sweden's product demand and price.
  • Get access to the latest import trends in Sweden.
  • Build your marketing strategy on statistics.
  • Establish a strong brand presence in Sweden.
  • Set long-term goals for the business and boost ROI.

    • Frequently Asked Questions!!

    According to Sweden trade statistics, Sweden's import value for its goods imports in 2023 is $193 billion.

    As per Sweden trade records for 2023, Some of the major imports of Sweden include electrical machinery and equipment, nuclear reactors, and vehicles.

    Based on Sweden trade activities for 2023, Sweden's top import partners are Germany, Norway, Denmark, Netherlands, and China.

    In recent years, Sweden's import data has fallen slightly, with an average annual growth rate of around 5% decline.

    The main factors driving Sweden's imports are its strong economy, high standard of living, and demand for goods and services that are not produced domestically. 

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