Sweden-Kiribati Bilateral Trade Analysis 2023
Complete trade statistics: $505,082 total volume •Sweden surplus: $505,082
Sweden → Kiribati
$505,082
Exports (2023)
Kiribati → Sweden
$0
Imports (2023)
Trade Balance
$505,082
Surplus for Sweden
Total Trade
$505,082
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and Kiribati. 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-Kiribati commercial relationship and competitive positioning in global markets.
Sweden → Kiribati Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to Kiribati demonstrates strategic specialization, with wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm representing a key competitive advantage in this bilateral market.
Kiribati → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from Kiribati reveals significant dependencyin machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingwood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm to Kiribati, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $505,082 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sweden-Kiribati Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $505.08 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a surplus of $505.08 thousand
- Export Focus: Sweden's primary exports include wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, heaters: instantaneous or storage water heaters, non-electric, other than instantaneous gas water heaters
- Import Dependencies: Key imports from Kiribati include machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages
Strategic Trade Indicators
📈 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 $505,082 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 wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm.
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
Comparative Advantage
Sweden's specialization in wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mmcomplements Kiribati's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $505,082 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $505,082 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 $505.08 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm and machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade surplus of $505.08 thousand strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Kiribati represents a total trade volume of $505.08 thousand in 2023. This partnership demonstrates a favorable trade balance for Sweden, with exports exceeding importsby $505.08 thousand.
Export Strengths
Sweden's exports to Kiribati total $505.08 thousand, with competitive advantages in wood: coniferous species, of fir (abies spp.) and spruce (picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, representing $269,836 or53.4% of bilateral exports.
Import Dependencies
Imports from Kiribati amount to $0.00, highlighting economic interdependence in machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages, with Machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages comprisingInfinity% 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 Kiribati in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023