Sweden-State of Palestine Bilateral Trade Analysis 2023
Complete trade statistics: $19.23M total volume •Sweden surplus: $16.83M
Sweden → State of Palestine
$18.03M
Exports (2023)
State of Palestine → Sweden
$1.20M
Imports (2023)
Trade Balance
$16.83M
Surplus for Sweden
Total Trade
$19.23M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sweden and State of Palestine. 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-State of Palestine commercial relationship and competitive positioning in global markets.
Sweden → State of Palestine Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sweden's export portfolio to State of Palestine demonstrates strategic specialization, with vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc representing a key competitive advantage in this bilateral market.
State of Palestine → Sweden Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sweden's import pattern from State of Palestine reveals significant dependencyin fruit, edible: dates, fresh or dried, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sweden demonstrates competitive strength in exportingvehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc to State of Palestine, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $19.23M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sweden-State of Palestine Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $19.23 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sweden maintains a surplus of $16.83 million
- Export Focus: Sweden's primary exports include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, units of automatic data processing machines: processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units
- Import Dependencies: Key imports from State of Palestine include fruit, edible: dates, fresh or dried, fruit, edible: fruit and nuts n.e.c. in heading no. 0811, uncooked or cooked, frozen whether or not containing added sugar or other sweetening matter, vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified
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 $19.23M 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 only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc.
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 only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cccomplements State of Palestine's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fruit, edible: dates, fresh or dried.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $19.23M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $19.23M 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 $19.23 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc and fruit, edible: dates, fresh or dried demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sweden's trade surplus of $16.83 million 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 State of Palestine represents a total trade volume of $19.23 million in 2023. This partnership demonstrates a favorable trade balance for Sweden, with exports exceeding importsby $16.83 million.
Export Strengths
Sweden's exports to State of Palestine total $18.03 million, with competitive advantages in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc, representing $16.40M or91.0% of bilateral exports.
Import Dependencies
Imports from State of Palestine amount to $1.20 million, highlighting economic interdependence in fruit, edible: dates, fresh or dried, with Fruit, edible: dates, fresh or dried comprising61.1% 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 State of Palestine in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023