Highest Value Swedish Export Products

Teborg harbor

Teborg harbor

Automobiles, refined petroleum oils, medicines and smartphones are perched atop the highest value Swedish export products for 2016.

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

The following list shows which Swedish exports attracted the most international sales during 2016. 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 2016. Shown within brackets for each item is the percentage change in value from 2009 to 2016.

  1. Cars: US$7.4 billion (up 70.4% since 2009)
  2. Processed petroleum oils: $6.5 billion (down -6.1%)
  3. Medication mixes in dosage: $5.6 billion (down -24%)
  4. Phone system devices including smartphones: $5.4 billion (down -16.4%)
  5. Automobile parts/accessories: $5 billion (up 65.9%)
  6. Whole fish (fresh): $3.5 billion (up 159.2%)
  7. Sawn wood: $2.9 billion (down -4.3%)
  8. Coated paper: $2.8 billion (up 1.1%)
  9. Engines (diesel): $2.3 billion (up 172.8%)
  10. Uncoated kraft paper: $2 billion (up 11.8%)
  11. Iron ores, concentrates: $1.6 billion (up 22.3%)
  12. Chemical woodpulp (non-dissolving): $1.6 billion (down -2.7%)
  13. Tractors: $1.5 billion (up 102.2%)
  14. Trucks: $1.5 billion (up 180.5%)
  15. Computers, optical readers: $1.4 billion (up 20.9%)
  16. Machinery parts: $1.3 billion (up 13.2%)
  17. Uncoated paper for writing/printing: $1.3 billion (down -33.7%)
  18. Miscellaneous furniture: $1.3 billion (down -13.8%)
  19. Blood fractions (including antisera): $1.2 billion (up 161%)
  20. Turbo-jets: $1.2 billion (up 37.7%)

Shipments of Swedish-made trucks posted the greatest sales growth up 180.5% from 2009 to 2016.

In second place were exported diesel engines which improved 172.8% over the same 7-year period.

Exports of diesel blood fractions including antisera showed an impressive 161% gain. Close behind was the 161% increase for fresh whole fish, trailed by exported tractors’ 102.2% uptick.

Leading the decliners was uncoated paper for writing or printing deteriorating -33.7%. Medication mixes in dosage depreciated -24% while phone system devices including smartphones fell in value by -16.4%.

Overall, total Swedish exports increased in value by an average 6.4% from 2009 to 2016.

See also Sweden’s Top 10 Imports, Sweden’s Top Trading Partners, Highest Value Swedish Import Products and Sweden’s Top 10 Exports

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 27, 2017

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on March 27, 2017

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 27, 2017