Sweden-France Bilateral Trade Analysis 2023

Complete trade statistics: $16.14B total volume โ€ขSweden surplus: $2.21B

Sweden โ†’ France

$9.17B

Exports (2023)

France โ†’ Sweden

$6.96B

Imports (2023)

Trade Balance

$2.21B

Surplus for Sweden

Total Trade

$16.14B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Sweden and France. 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-France commercial relationship and competitive positioning in global markets.

Sweden โ†’ France Exports

$9.17B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
7.7% top product
1Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87
$703.54M
7.7% of exports
2Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99
$687.49M
7.5% of exports
3Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$476.27M
5.2% of exports
4Vehicle parts: gear boxes and parts thereof
$342.93M
3.7% of exports
5Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power
$335.03M
3.7% of exports
6Vehicles: bodies (including cabs) for the motor vehicles of heading no. 8701, 8702, 8704 or 8705
$332.51M
3.6% of exports
7Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale
$310.00M
3.4% of exports
8Fuel elements (cartridges): non-irradiated
$291.59M
3.2% of exports
9Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$290.56M
3.2% of exports
10Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereof
$142.21M
1.6% of exports

๐ŸŽฏ Strategic Export Focus

Sweden's export portfolio to France demonstrates strong diversification across multiple sectors, with engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 representing a key competitive advantage in this bilateral market.

France โ†’ Sweden Imports

$6.96B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
4.4% concentration
1Heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3
$306.96M
4.4% of imports
2Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc
$251.44M
3.6% of imports
3Uranium: enriched in U235, plutonium, their compounds, alloys dispersions (including cermets), ceramic products and mixtures containing uranium enriched in U235, plutonium or compounds of these products
$238.08M
3.4% of imports
4Vehicles: for transport of goods, n.e.c. in heading no. 8704
$156.93M
2.3% of imports
5Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$149.72M
2.1% of imports
6Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$145.35M
2.1% of imports
7Wine: still, in containers holding 2 litres or less
$130.04M
1.9% of imports
8Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539)
$123.72M
1.8% of imports
9Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$112.24M
1.6% of imports
10Vehicles: parts and accessories, of bodies, other than safety seat belts
$97.92M
1.4% of imports

๐Ÿ“ฆ Import Strategy Analysis

Sweden's import pattern from France reveals strategic sourcingin heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Sweden demonstrates competitive strength in exportingengines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 to France, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

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

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $16.14B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Sweden-France Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $16.14 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Sweden maintains a surplus of $2.21 billion
  • Export Focus: Sweden's primary exports include engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, fish: fresh or chilled, atlantic salmon (salmo salar) and danube salmon (hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
  • Import Dependencies: Key imports from France include heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, uranium: enriched in u235, plutonium, their compounds, alloys dispersions (including cermets), ceramic products and mixtures containing uranium enriched in u235, plutonium or compounds of these products

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global 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 $16.14B 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 engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87.

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 engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87complements France's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $16.14B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $16.14B 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

๐Ÿ’ฐ

Trade Volume Impact

The $16.14 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 and heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Sweden's trade surplus of $2.21 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fish: fresh or chilled, atlantic salmon (salmo salar) and danube salmon (hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 present expansion opportunities.
Market Diversification
Beyond current focus on heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 may affect future market positioning.

๐ŸŽฏStrategic 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 France represents a total trade volume of $16.14 billion in 2023. This partnership demonstrates a favorable trade balance for Sweden, with exports exceeding importsby $2.21 billion.

Export Strengths

Sweden's exports to France total $9.17 billion, with competitive advantages in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, representing $703.54M or7.7% of bilateral exports.

Import Dependencies

Imports from France amount to $6.96 billion, highlighting economic interdependence in heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3, with Heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, n.e.c. in 2933.3 comprising4.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Sweden's competitive position in this bilateral relationship. 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 France in multiple formats.

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