Sweden
1.96B €
Exports
2022
2004 January2023 July
1.73B €
Imports
2022
2004 January2023 July
Sweden is the 3rd largest export partner of Estonia. In 2022, Estonia's exports to Sweden amounted to €1.96B and imports from Sweden to €1.73B, resulting in positive trade balance of €229M.
Exports
2022
In 2022, Estonia's exports to Sweden amounted to €1.96B, making it the 3rd largest export partner in the world. Compared to the previous year, exports from Estonia to Sweden experienced growth at an annualized rate of 16.9%, from €1.67B in 2021 to €1.96B in 2022. Most recently, exports were led by communication equipment, which represent 9.19% of the total exports to Sweden, followed by prefabricated buildings, whether or not complete o..., which account for 8.14%.
Imports
2022
In 2022, Estonia's imports from Sweden ammounted to €1.73B, making it the 6th largest import partner in the world. Compared to the previous year, imports from Sweden to Estonia experienced growth at an annualized rate of 21.8%, from €1.42B in 2021 to €1.73B in 2022. Most recently, imports were led by cars, which represent 23.2% of the total imports from Sweden, followed by trucks, which account for 23.2%.
Trade Balance
As of 2023 July, Estonia had negative trade balance of €28.6M with Sweden. In 2022 July, it had negative trade balance of €4.05M.
