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Trade between Canada and Sweden

In 2024, Canada exported $583 million to Sweden and imported $2.9 billion. Canada ran a deficit of $2.3 billion with Sweden, compared with a deficit of $1.3 billion in 2019. Sweden was Canada’s 26th largest trading partner (0.3% of its trade), and Canada was Sweden’s 18th (1%).

Summary

Canada → Sweden
$583million
Sweden → Canada
$2.9billion
Canada’s balance
-$2.3billion

Balance

Canada’s trade balance with Sweden

Trade between Canada and Sweden grew 2.8-fold since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.6
  • Imports 2.9
  • Balance -2.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$328 million$908 million-$580 million
1996$276 million$869 million-$592 million
1997$396 million$914 million-$517 million
1998$350 million$928 million-$578 million
1999$349 million$943 million-$594 million
2000$333 million$1.2 billion-$890 million
2001$301 million$1.1 billion-$832 million
2002$265 million$1.2 billion-$970 million
2003$334 million$1.6 billion-$1.2 billion
2004$375 million$1.7 billion-$1.3 billion
2005$398 million$1.9 billion-$1.5 billion
2006$473 million$2.1 billion-$1.6 billion
2007$527 million$2 billion-$1.4 billion
2008$561 million$2.1 billion-$1.6 billion
2009$460 million$1.6 billion-$1.1 billion
2010$477 million$2 billion-$1.5 billion
2011$481 million$2.3 billion-$1.8 billion
2012$517 million$2.1 billion-$1.5 billion
2013$387 million$1.9 billion-$1.5 billion
2014$405 million$1.7 billion-$1.3 billion
2015$452 million$1.5 billion-$1.1 billion
2016$483 million$1.5 billion-$1 billion
2017$491 million$1.9 billion-$1.4 billion
2018$443 million$1.8 billion-$1.3 billion
2019$427 million$1.7 billion-$1.3 billion
2020$438 million$1.5 billion-$1.1 billion
2021$477 million$1.9 billion-$1.4 billion
2022$506 million$2.2 billion-$1.7 billion
2023$558 million$2.7 billion-$2.2 billion
2024$583 million$2.9 billion-$2.3 billion

What they sell each other

What Canada sells to Sweden

The top 10 headings in 2024, with their share of the total.

  1. Airplanes and helicopters$150 million · 25.7%
    82 tonnes · Canada’s destinations
  2. Refined petroleum$62 million · 10.7%
    69 thousand tonnes · Canada’s destinations
  3. Unwrought nickel$58 million · 10%
    3 thousand tonnes
  4. Coal$17 million · 2.8%
    141 thousand tonnes · Canada’s destinations
  5. Firewood and wood chips$14 million · 2.3%
    62 thousand tonnes
  6. Armored vehicles$12 million · 2%
    171 tonnes
  7. Microchips$10 million · 1.7%
    9 tonnes
  8. Fuses, detonators and caps$9 million · 1.6%
    156 tonnes
  9. 584 tonnes
  10. Nickel powder$6 million · 1%
    232 tonnes

What Sweden sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. Unrefined copper$670 million · 23.4%
    75 thousand tonnes
  2. 2 thousand tonnes · Sweden’s destinations
  3. Cars$129 million · 4.5%
    7 thousand tonnes · Sweden’s destinations
  4. Vaccines, blood and antisera$101 million · 3.5%
    115 tonnes · Sweden’s destinations
  5. Other electrical devices$89 million · 3.1%
    907 tonnes
  6. 5 thousand tonnes
  7. Refined petroleum$66 million · 2.3%
    67 thousand tonnes · Sweden’s destinations
  8. Silver$60 million · 2.1%
    71 tonnes
  9. 4 thousand tonnes
  10. Liquid pumps$53 million · 1.9%
    2 thousand tonnes

How it travels

Estimated sea route from Vancouver to Gothenburg.

The estimated sea route between Vancouver and Gothenburg is 9,266 nautical miles (17,160 km) long: ≈ 21.5–27.5 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.1 billion · 60.5%
  2. Air$1.4 billion · 39.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Sweden was Canada’s 26th largest trading partner (0.3% of its trade), and Canada was Sweden’s 18th (1%).

Sweden in Canada’s trade
0.3%
Sweden’s rank among Canada’s partners
26th
Canada in Sweden’s trade
1%
Canada’s rank among Sweden’s partners
18th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.