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How dependent is Sweden on the United States?

In 2024, the United States sold $7.3 billion to Sweden, 4.2% of its imports, ranking 9th among its suppliers. Its share was 3.1% in 2019 and 5.7% in 1995. In 14 products it sells more than 50% of what Sweden buys of them (in 4, more than 75%); what Sweden buys from the United States in those products (dominated value) adds up to $1.2 billion, 0.69% of its imports.

Summary

Share of its imports
4.2%
Share of its imports from outside the EU
12.2%
Value imported
$7.3billion
Rank among its suppliers
9th
Products where it sells over 50%
14
Products where it sells over 75%
4
Dominated value
$1.2billion
Share of total imports
0.7%

Trend

Trend in shares

The United States went from 5.7% to 4.2% of what Sweden buys

Share (%)

  • United States 4.2%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19953,5535.7%8
19963,8425.9%7
19973,8786%6
19983,9786%7
19993,9516.1%7
20004,8196.8%6
20013,3935.3%8
20023,2244.7%8
20033,3524%9
20043,4473.4%9
20053,8003.4%9
20064,4053.5%9
20074,7123.1%11
20085,2423.2%12
20094,5253.9%11
20104,6573.3%11
20115,3253.2%10
20125,3323.4%11
20134,3152.9%13
20144,0502.6%13
20153,7782.9%13
20163,7072.8%13
20173,7272.6%13
20184,5952.9%13
20194,6893.1%12
20204,2563%12
20215,2753%12
20227,3633.9%10
20237,2094%9
20247,3244.2%9

Products where the United States sells more than half

ProductSupplierShareSecondValue
Turbojets and gas turbinesUnited States52.2%United Kingdom · 7.5%$557 million
Open-chain hydrocarbonsUnited States66.3%Netherlands · 11.3%$363 million
Glands, heparin and organ extractsUnited States97.7%over 75%Belgium · 0.88%$133 million
Wood tar, wood creosote and vegetable pitchUnited States57%Netherlands · 26%$38 million
Semi-finished steelUnited States71.2%Lithuania · 5.3%$24 million
KaolinUnited States50.4%Belgium · 27.3%$22 million
Other clothing accessories (not knitted)United States66.2%China · 16%$20 million
Nickel plates, sheets and foilUnited States53%Germany · 17.2%$14 million
Direct-reduced ironUnited States95.8%over 75%Austria · 2%$11 million
Iron oreUnited States74%Norway · 20.4%$10 million
Military weaponsUnited States82%over 75%Slovakia · 10.5%$8 million
Collectors' itemsUnited States57.8%Ukraine · 20.4%$6 million
Base metals clad with silver, semi-manufacturedUnited States81.1%over 75%Germany · 17.5%$3 million
Original engravings, prints and lithographsUnited States73.7%United Kingdom · 13.8%$3 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from the United States

Sweden is the United States’ 42nd-largest customer, with 0.39% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.