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Sweden is the 26th largest export economy in the world. In 2016, Sweden exported $135B and imported $139B, resulting in a negative trade balance of $4.24B. In 2016 the GDP of Sweden was $510B and its GDP per capita was $49.2k.

The top exports of Sweden are Cars ($7.42B), Refined Petroleum ($6.4B), Packaged Medicaments ($5.56B), Vehicle Parts ($5.01B) and Telephones ($3.6B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($8.69B), Unspecified ($7.24B), Crude Petroleum ($5.92B), Vehicle Parts ($5.47B) and Refined Petroleum ($4.93B).

The top export destinations of Sweden are Germany ($14.3B), Norway ($14.1B), the United States ($9.8B), Denmark ($9.7B) and Finland ($9.4B). The top import origins are Germany ($27.9B), Denmark ($10.7B), the Netherlands ($9.4B), Belgium ($6.73B) and China ($6.31B).

Sweden borders Finland and Norway by land and Germany, Denmark, Estonia, Lithuania, Latvia, Poland and Russia by sea.

Economic Complexity of Sweden

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