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Sweden is the 32nd largest export economy in the world. In 2016, Sweden exported $133B and imported $131B, resulting in a positive trade balance of $2.39B. In 2016 the GDP of Sweden was $514B and its GDP per capita was $48.9k.

The top exports of Sweden are Cars ($7.22B), Refined Petroleum ($6.19B), Packaged Medicaments ($5.77B), Vehicle Parts ($4.97B) and Kaolin Coated Paper ($2.95B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($8.97B), Vehicle Parts ($5.5B), Crude Petroleum ($5.46B), Refined Petroleum ($4.78B) and Computers ($3.52B).

The top export destinations of Sweden are Germany ($14.4B), Denmark ($10.2B), the United States ($9.7B), Norway ($9.3B) and the United Kingdom ($8.38B). The top import origins are Germany ($25B), the Netherlands ($11B), Denmark ($9.7B), Norway ($8.21B) and Belgium-Luxembourg ($6.68B).

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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