The Kingdom of Sweden bought US$189 billion worth of imported products from around the world in 2024.

Sweden’s dollar amount for spending on imported products grew by 26.5% compared to $149.5 billion during 2020.

From 2023 to 2024, the dollar value of Swedish imports fell by -2.2% starting from $193.2 billion.

Based on the average exchange rate for 2024, the Swedish krona appreciated by a modest 0.4% against the US dollar from 2023 to 2024. Sweden’s stronger local currency made its imports paid for in slightly weaker US dollars relatively less expensive when converted starting from the Swedish krona.

Applying a continental lens, 80.2% of Sweden’s total imports by value was purchased from fellow European countries. Asian trade partners supplied another 12.6% of imports bought by Sweden.

Sweden joined the European Union on January 1, 1995. Fellow EU member states sold 66.3% of total Swedish import purchases for 2024 down from 67.5% in 2023.

Smaller percentages came from exporters in North America (4.3%), Africa (1.1%), Latin America (1%) excluding Mexico but including the Caribbean, then Oceania (0.3%) led by Australia and New Zealand.

Given Sweden ‘s population of 10.65 million people, its total $189 billion in 2024 imports translates to roughly $17,750 in yearly product demand from every person in the country. That dollar average lags the $18,000 per capita one year earlier in 2023.

Sweden’s Top 10 Imports

The following product groups represent the highest dollar value in Sweden’s import purchases during 2024. Also shown is the percentage share each product category represents in terms of overall imports into Sweden.

1. Electrical machinery, equipment: US$23.9 billion (12.7% of total imports)
2. Machinery including computers: $23.8 billion (12.6%)
3. Vehicles: $19.9 billion (10.5%)
4. Mineral fuels including oil: $19.5 billion (10.3%)
5. Pharmaceuticals: $7.4 billion (3.9%)
6. Plastics, plastic articles: $5.8 billion (3.1%)
7. Fish: $5.8 billion (3.1%)
8. Optical, technical, medical apparatus: $4.9 billion (2.6%)
9. Iron, steel: $4.4 billion (2.3%)
10. Articles of iron or steel: $3.8 billion (2%)

Sweden’s top 10 imports approached two-thirds (63%) of the overall value of its products that Sweden purchased from other countries.

Gainers among Sweden’s top import categories were pharmaceuticals (up 13.9% from 2023), plastics both as materials and items made from plastics (up 1.1%), and imported optical, technical or medical apparatus (up 0.4%).

Double-digit year-over-year declines were for the metals iron and steel (down -12.9% from 2023) then Swedish imports of vehicles (down -10.4%).

Please note that the results listed above are at the 2-digit Harmonized Tariff System code level.

Information presented below is at the more granular 4-digit HTS code level.

Sweden’s Major Electrical Product Imports

In 2024, Swedish importers spent the most on the following 10 subcategories of electronic equipment including consumer electronics.

1. Phone devices including smartphones: US$6 billion (down -7.8% from 2023)
2. Electric storage batteries: $2.2 billion (up 9%)
3. Electrical converters/power units: $1.7 billion (up 3.8%)
4. Insulated wire/cable: $1.5 billion (up 3.3%)
5. TV receivers/monitors/projectors: $1.1 billion (up 1.3%)
6. Electrical/optical circuit boards, panels: $999.9 million (up 1.9%)
7. Integrated circuits/microassemblies: $990.3 million (down -28.1%)
8. Lower-voltage switches, fuses: $981.9 million (up 2.3%)
9. Electric motors, generators: $890.7 million (up 10.1%)
10. Microphones/headphones/amps: $778.7 million (up 3.7%)

Among these import subcategories, Swedish purchases of electric motors and generators (up 10.1%), electric storage batteries (up 9%) then electrical converters or power units (up 3.8%) grew at the fastest pace from 2023 to 2024.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported electronics among Swedish businesses and consumers.

Sweden’s Major Machinery Imports Including Computers

In 2024, Swedish importers spent the most on the following 10 subcategories of machines including computers.

1. Computers, optical readers: US$5.7 billion (up 11.8% from 2023)
2. Piston engine parts: $1.2 billion (down -9.9%)
3. Machinery parts: $1.1 billion (down -11.1%)
4. Turbo-jets: $983.6 million (up 61.2%)
5. Centrifuges, filters and purifiers: $969.5 million (down -3.8%)
6. Miscellaneous machinery: $940 million (up 29.5%)
7. Transmission shafts, gears, clutches: $929.8 million (down -7%)
8. Liquid pumps and elevators: $917.8 million (down -5.3%)
9. Taps, valves, similar appliances: $875.3 million (down -7.9%)
10. Air or vacuum pumps: $824.6 million (down -9.2%)

Among these import subcategories, Swedish purchases of turbo-jets (up 61.2%), miscellaneous machinery (up 29.5%) then computers including optical readers (up 11.8%) grew from 2023 to 2024.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported machinery among Swedish businesses and consumers.

Sweden’s Major Automotive Product Imports

In 2024, Swedish importers spent the most on the following 10 subcategories of vehicles-related products.

1. Cars: US$10.3 billion (down -10.4% from 2023)
2. Automobile parts/accessories: $6.3 billion (down -3.4%)
3. Trucks: $1.6 billion (down -30.9%)
4. Trailers: $487.7 million (down -3.1%)
5. Tractors: $331 million (down -20%)
6. Public-transport vehicles: $235.8 million (down -5.4%)
7. Motorcycles: $183.6 million (down -8.3%)
8. Motorcycle parts/accessories: $146.2 million (down -13.7%)
9. Special purpose vehicles: $139.9 million (down -16.9%)
10. Bicycles, other non-motorized cycles: $73.3 million (down -6.1%)

Among these import subcategories, Swedish purchases of trailers (down -3.1%), automobile parts or accessories (down -3.4%), then public-transport vehicles (down -5.4%) reduced at the slowest pace from 2023 to 2024.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported vehicle-related products among Swedish businesses and consumers.

Sweden’s Major Mineral Fuels Imports Including Oil

In 2024, Swedish importers spent the most on the following 10 subcategories of mineral fuels-related products.

1. Crude oil: US$11.3 billion (down -0.1% from 2023)
2. Processed petroleum oils: $5.6 billion (down -24.9%)
3. Petroleum gases: $1.1 billion (down -9.1%)
4. Coal, solid fuels made from coal: $506.1 million (down -10%)
5. Coal tar oils (high temperature distillation): $458.8 million (up 40.5%)
6. Electrical energy: $370.4 million (down -28%)
7. Petroleum oil residues: $149 million (up 8.7%)
8. Coke, semi-coke: $51.4 million (up 0.5%)
9. Petroleum jelly, mineral waxes: $7.8 million (down -5.3%)
10. Natural bitumen, asphalt, shale: $3.6 million (down -81.9%)

Among these import subcategories, Swedish purchases of high-temperature distilled coal tar oils (up 40.5%), petroleum oil residues (up 8.7%) then coke and semi-coke (up 0.5%) grew from 2023 to 2024.

These amounts and the percentage gains within parenthesis clearly show where the strongest demand lies for different types of imported fossil fuel-related products among Swedish businesses and consumers.
 

See also Sweden’s Top 10 Exports, Sweden’s Top 10 Imports, Sweden’s Top Trading Partners and European Union’s Top 10 Exports

Research Sources:
Central Intelligence Agency, The World Factbook Country Profiles, Central Intelligence Agency. Accessed on August 22, 2025

International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on August 22, 2025

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 22, 2025

International Trade Centre, Trade Map. Accessed on August 22, 2025

Wikipedia, Sweden. Accessed on August 22, 2025