Thailand-Sweden Bilateral Trade Analysis 2023

Complete trade statistics: $0 total volume •Thailand surplus: $0

ThailandSweden

$0

Exports (2023)

SwedenThailand

$0

Imports (2023)

Trade Balance

$0

Surplus for Thailand

Total Trade

$0

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

ThailandSweden Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Food preparations: n.e.c. in item no. 2106.10
$50.17M
Infinity% of exports
2Heat pumps: other than air conditioning machines of heading no. 8415
$40.79M
Infinity% of exports
3Signalling apparatus: electric, sound or visual, apparatus n.e.c. in heading no. 8531, excluding those of heading no. 8512 or 8530
$37.04M
Infinity% of exports
4Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof
$32.76M
Infinity% of exports
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
$28.39M
Infinity% of exports

🎯 Strategic Export Focus

Thailand's export portfolio to Sweden demonstrates strategic specialization, with food preparations: n.e.c. in item no. 2106.10 representing a key competitive advantage in this bilateral market.

SwedenThailand Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers)
$209.52M
Infinity% of imports
2Paper and paperboard: multi-ply, coated with kaolin or other inorganic substances only, for non-graphic purposes, n.e.c. in heading no. 4810, in rolls or sheets
$44.39M
Infinity% of imports
3Turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kW
$38.45M
Infinity% of imports
4Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous wood
$24.63M
Infinity% of imports
5Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$18.62M
Infinity% of imports

📦 Import Strategy Analysis

Thailand's import pattern from Sweden reveals strategic sourcingin turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Thailand demonstrates competitive strength in exportingfood preparations: n.e.c. in item no. 2106.10 to Sweden, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Thailand-Sweden Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $0.00representing a significant bilateral economic relationship
  • Trade Balance: Thailand maintains a surplus of $0.00
  • Export Focus: Thailand's primary exports include food preparations: n.e.c. in item no. 2106.10, heat pumps: other than air conditioning machines of heading no. 8415, signalling apparatus: electric, sound or visual, apparatus n.e.c. in heading no. 8531, excluding those of heading no. 8512 or 8530
  • Import Dependencies: Key imports from Sweden include turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), paper and paperboard: multi-ply, coated with kaolin or other inorganic substances only, for non-graphic purposes, n.e.c. in heading no. 4810, in rolls or sheets, turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kw

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 $0 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 Thailand leveraging its comparative advantages in food preparations: n.e.c. in item no. 2106.10.

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

Thailand's specialization in food preparations: n.e.c. in item no. 2106.10complements Sweden's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityBalanced
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $0 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 $0.00 bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in food preparations: n.e.c. in item no. 2106.10 and turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Thailand's trade surplus of $0.00 strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in heat pumps: other than air conditioning machines of heading no. 8415 present expansion opportunities.
Market Diversification
Beyond current focus on turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in food preparations: n.e.c. in item no. 2106.10 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 Thailand and Sweden represents a total trade volume of $0.00 in 2023. This partnership demonstrates a favorable trade balance for Thailand, with exports exceeding importsby $0.00.

Export Strengths

Thailand's exports to Sweden total $0.00, with competitive advantages in food preparations: n.e.c. in item no. 2106.10, representing $50.17M orInfinity% of bilateral exports.

Import Dependencies

Imports from Sweden amount to $0.00, highlighting economic interdependence in turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers), with Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Thailand'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 Thailand and Sweden in multiple formats.

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