Sweden-Luxembourg Bilateral Trade Analysis 2023
Complete trade statistics: $431.78M total volume •Sweden deficit: $118.43M
Sweden → Luxembourg
$156.67M
Exports (2023)
Luxembourg → Sweden
$275.10M
Imports (2023)
Trade Balance
$118.43M
Deficit for Sweden
Total Trade
$431.78M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and Luxembourg. 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-Luxembourg commercial relationship and competitive positioning in global markets.
Sweden → Luxembourg Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to Luxembourg demonstrates strategic specialization, with vehicles: 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 representing a key competitive advantage in this bilateral market.
Luxembourg → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from Luxembourg reveals strategic sourcingin petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingvehicles: 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 to Luxembourg, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $431.78M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sweden-Luxembourg Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $431.78 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a deficit of $118.43 million
- Export Focus: Sweden's primary exports include vehicles: 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, machines: parts, of those for assembling electric or electronic lamps, tubes, valves or flash-bulbs, in glass envelopes and manufacturing or hot working glass or glassware, vinyl chloride, other halogenated olefin polymers: poly(vinyl chloride), not mixed with any other substances, in primary forms
- Import Dependencies: Key imports from Luxembourg include petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, rubber: new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines, iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)
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 $431.78M 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 vehicles: 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.
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 vehicles: 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 powercomplements Luxembourg's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $431.78M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $431.78M 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 $431.78 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: 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 and petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade deficit of $118.43 million impacts 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 Luxembourg represents a total trade volume of $431.78 million in 2023. This partnership demonstrates an unfavorable trade balance for Sweden, with imports exceeding exportsby $118.43 million.
Export Strengths
Sweden's exports to Luxembourg total $156.67 million, with competitive advantages in vehicles: 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, representing $20.75M or13.2% of bilateral exports.
Import Dependencies
Imports from Luxembourg amount to $275.10 million, highlighting economic interdependence in petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas, with Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas comprising11.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Sweden's strategic sourcing from Luxembourg. 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 Luxembourg in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023