Summary
- India → Sweden
- $1.3billion
- Sweden → India
- $2billion
- India’s balance
- -$677million
Balance
India’s trade balance with Sweden
Trade between India and Sweden grew 6.7-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.3
- Imports 2
- Balance -0.7
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $210 million | $286 million | -$76 million |
| 1996 | $208 million | $381 million | -$173 million |
| 1997 | $214 million | $306 million | -$93 million |
| 1998 | $198 million | $248 million | -$50 million |
| 1999 | $195 million | $276 million | -$81 million |
| 2000 | $219 million | $309 million | -$90 million |
| 2001 | $228 million | $360 million | -$132 million |
| 2002 | $225 million | $648 million | -$424 million |
| 2003 | $287 million | $678 million | -$391 million |
| 2004 | $337 million | $1.1 billion | -$717 million |
| 2005 | $423 million | $1.1 billion | -$663 million |
| 2006 | $457 million | $1.9 billion | -$1.4 billion |
| 2007 | $635 million | $1.9 billion | -$1.2 billion |
| 2008 | $798 million | $2.1 billion | -$1.3 billion |
| 2009 | $599 million | $1.8 billion | -$1.2 billion |
| 2010 | $832 million | $1.6 billion | -$770 million |
| 2011 | $1 billion | $2.2 billion | -$1.1 billion |
| 2012 | $803 million | $1.9 billion | -$1.1 billion |
| 2013 | $784 million | $1.5 billion | -$716 million |
| 2014 | $806 million | $1.5 billion | -$665 million |
| 2015 | $739 million | $1.5 billion | -$728 million |
| 2016 | $772 million | $1.2 billion | -$445 million |
| 2017 | $778 million | $1.4 billion | -$606 million |
| 2018 | $833 million | $1.4 billion | -$553 million |
| 2019 | $806 million | $1.3 billion | -$453 million |
| 2020 | $743 million | $1 billion | -$272 million |
| 2021 | $1 billion | $1.4 billion | -$417 million |
| 2022 | $1.2 billion | $1.7 billion | -$532 million |
| 2023 | $1.1 billion | $2 billion | -$874 million |
| 2024 | $1.3 billion | $2 billion | -$677 million |
What they sell each other
What India sells to Sweden
The top 10 headings in 2024, with their share of the total.
What Sweden sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Gothenburg is 11,485 nautical miles (21,270 km) long: ≈ 26.5–34 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Dover (11,485 nautical miles); and 15% via the Bab-el-Mandeb Strait, the Suez Canal, the Strait of Gibraltar and the Strait of Dover (6,991 nautical miles).
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Sweden was India’s 49th largest trading partner (0.3% of its trade), and India was Sweden’s 21st (0.9%).
- Sweden in India’s trade
- 0.3%
- Sweden’s rank among India’s partners
- 49th
- India in Sweden’s trade
- 0.9%
- India’s rank among Sweden’s partners
- 21st
Compare with
Other partners of India
Other partners of Sweden
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.