Sweden
1.7B €
Exports
2023
2004 January2024 November
1.62B €
Imports
2023
2004 January2024 November
Sweden is the 3rd largest export partner of Estonia. In 2023, Estonia's exports to Sweden amounted to €1.7B and imports from Sweden to €1.62B, resulting in positive trade balance of €81.9M.
Exports
2023
In 2023, Estonia's exports to Sweden amounted to €1.7B, making it the 3rd largest export partner in the world. Compared to the previous year, exports from Estonia to Sweden experienced decline at an annualized rate of 12.7%, from €1.95B in 2022 to €1.7B in 2023. Most recently, exports were led by communication equipment, which represent 11.4% of the total exports to Sweden, followed by prefabricated buildings, whether or not complete o..., which account for 4.86%.
Imports
2023
In 2023, Estonia's imports from Sweden ammounted to €1.62B, making it the 5th largest import partner in the world. Compared to the previous year, imports from Sweden to Estonia experienced decline at an annualized rate of 5.46%, from €1.72B in 2022 to €1.62B in 2023. Most recently, imports were led by cars, which represent 31.1% of the total imports from Sweden, followed by trucks, which account for 31.1%.
Trade Balance
As of 2024 November, Estonia had negative trade balance of €34.3M with Sweden. In 2023 November, it had positive trade balance of €6.4M.
