Highest Value Swedish Export Products

Teborg harbor

Teborg harbor

Refined petroleum, automobiles, medicines and smartphones are perched atop the highest value Swedish export products for 2015.

The most valuable Swedish exports also include automotive parts, sawn wood, fresh fish and coated paper.

The following list shows which Swedish exports attracted the most sales during 2015. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level. More granular data on export sales can help entrepreneurs identify precisely which products in which Sweden has strong competitive advantages over other nations — and identify potential opportunities for innovation.

Highest Value Swedish Export Products

Below are the 10 highest value export products shipped from Sweden in 2015. Shown within brackets is the 4-digit harmonized tariff system code for each item.

  1. Processed petroleum oils: US$7.2 billion (HTS code 2710)
  2. Cars: $6.3 billion (8703)
  3. Medication mixes in dosage: $6 billion (3004)
  4. Phone system devices: $5.8 billion (8517)
  5. Automobile parts/accessories: $4.5 billion (8708)
  6. Sawn wood: $2.9 billion (4407)
  7. Whole fish (fresh): $2.8 billion (0302)
  8. Coated paper: $2.7 billion (4810)
  9. Engines (diesel): $2.4 billion (8408)
  10. Uncoated kraft paper: $2 billion (4804)
  11. Chemical woodpulp (non-dissolving): $1.8 billion (4703)
  12. Iron ores, concentrates: $1.6 billion (2601)
  13. Tractors: $1.6 billion (8701)
  14. Trucks: $1.5 billion (8704)
  15. Uncoated paper for writing/printing: $1.5 billion (4802)
  16. Machinery parts: $1.5 billion (8431)
  17. Computers, optical readers: $1.4 billion (8471)
  18. Miscellaneous furniture: $1.3 billion (9403)
  19. Flat-rolled stainless steel items: $1.1 billion (7219)
  20. Hormones, miscellaneous steroids: $1.1 billion (2937)

Only three among these product categories increased in sales from 2011 to 2015. Swedish shipments of fresh whole fish (notably salmon) posted the greatest sales growth.

In second place were exported hormones and miscellaneous steroids which improved 35.8% over the same 5-year period.

Swedish exports of diesel engines also showed a respectable 16.2% gain.

Leading the decliners was iron ores and concentrates, which depreciated by -55.7%. Phone system devices including smartphones fell -45.3%.

Overall, total Swedish exports dropped by an average -25% from 2011 to 2015.

See also Sweden’s Top 10 Exports, Fastest-Growing Swedish Export Products and Sweden’s Top Import Partners

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 13, 2016

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on April 13, 2016

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on April 13, 2016