Sweden-Bangladesh Bilateral Trade Analysis 2023

Complete trade statistics: $625.32M total volume •Sweden deficit: $625.32M

SwedenBangladesh

$0

Exports (2023)

BangladeshSweden

$625.32M

Imports (2023)

Trade Balance

$625.32M

Deficit for Sweden

Total Trade

$625.32M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Sweden and Bangladesh. Green line shows exports from Sweden, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sweden-Bangladesh commercial relationship and competitive positioning in global markets.

SwedenBangladesh Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets
$14.37M
Infinity% of exports
2Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material
$12.14M
Infinity% of exports
3Ferrous waste and scrap: n.e.c. in heading no. 7204
$6.21M
Infinity% of exports
4Engines: for marine propulsion, compression-ignition internal combustion piston engines (diesel or semi-diesel engines)
$2.78M
Infinity% of exports
5Machines and mechanical appliances: having individual functions, n.e.c. or included in this chapter
$2.54M
Infinity% of exports

🎯 Strategic Export Focus

Sweden's export portfolio to Bangladesh demonstrates strategic specialization, with paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets representing a key competitive advantage in this bilateral market.

BangladeshSweden Imports

$625.32M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
14.5% concentration
1T-shirts, singlets and other vests: of cotton, knitted or crocheted
$90.85M
14.5% of imports
2Jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted
$62.42M
10.0% of imports
3Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)
$45.31M
7.2% of imports
4Trousers, bib and brace overalls, breeches and shorts: women's or girls', of cotton (not knitted or crocheted)
$38.43M
6.1% of imports
5Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted
$33.31M
5.3% of imports

📦 Import Strategy Analysis

Sweden's import pattern from Bangladesh reveals significant dependencyin t-shirts, singlets and other vests: of cotton, knitted or crocheted, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Sweden demonstrates competitive strength in exportingpaper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets to Bangladesh, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $625.32M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Sweden-Bangladesh Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $625.32 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Sweden maintains a deficit of $625.32 million
  • Export Focus: Sweden's primary exports include paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets, reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material, ferrous waste and scrap: n.e.c. in heading no. 7204
  • Import Dependencies: Key imports from Bangladesh include t-shirts, singlets and other vests: of cotton, knitted or crocheted, jerseys, pullovers, cardigans, waistcoats and similar articles: of cotton, knitted or crocheted, trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $625.32M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Sweden leveraging its comparative advantages in paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Sweden's specialization in paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheetscomplements Bangladesh's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in t-shirts, singlets and other vests: of cotton, knitted or crocheted.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $625.32M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $625.32M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $625.32 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets and t-shirts, singlets and other vests: of cotton, knitted or crocheted demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Sweden's trade deficit of $625.32 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material present expansion opportunities.
Market Diversification
Beyond current focus on t-shirts, singlets and other vests: of cotton, knitted or crocheted, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Sweden and Bangladesh represents a total trade volume of $625.32 million in 2023. This partnership demonstrates an unfavorable trade balance for Sweden, with imports exceeding exportsby $625.32 million.

Export Strengths

Sweden's exports to Bangladesh total $0.00, with competitive advantages in paper and paperboard: uncoated, semi-chemical fluting paper, rolls or sheets, representing $14.37M orInfinity% of bilateral exports.

Import Dependencies

Imports from Bangladesh amount to $625.32 million, highlighting economic interdependence in t-shirts, singlets and other vests: of cotton, knitted or crocheted, with T-shirts, singlets and other vests: of cotton, knitted or crocheted comprising14.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Sweden's strategic sourcing from Bangladesh. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Sweden and Bangladesh in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023