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Trade between Portugal and Sweden

In 2024, Portugal exported $1 billion to Sweden and imported $1 billion. Portugal ran a surplus of $1 million with Sweden, compared with a deficit of $89 million in 2019. Sweden was Portugal’s 16th largest trading partner (1% of its trade), and Portugal was Sweden’s 30th (0.6%).

Summary

Portugal → Sweden
$1billion
Sweden → Portugal
$1billion
Portugal’s balance
$1million

Balance

Portugal’s trade balance with Sweden

Trade between Portugal and Sweden grew 2.1-fold since 1995

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

  • Exports 1
  • Imports 1
  • Balance +0

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$534 million$421 million$112 million
1996$499 million$419 million$80 million
1997$495 million$404 million$91 million
1998$457 million$563 million-$105 million
1999$456 million$571 million-$115 million
2000$419 million$511 million-$92 million
2001$355 million$455 million-$100 million
2002$355 million$482 million-$127 million
2003$376 million$578 million-$202 million
2004$395 million$724 million-$330 million
2005$401 million$715 million-$314 million
2006$469 million$645 million-$176 million
2007$665 million$915 million-$250 million
2008$669 million$1 billion-$338 million
2009$464 million$741 million-$276 million
2010$493 million$794 million-$301 million
2011$634 million$893 million-$259 million
2012$623 million$737 million-$114 million
2013$583 million$723 million-$140 million
2014$612 million$870 million-$257 million
2015$454 million$732 million-$278 million
2016$523 million$781 million-$259 million
2017$515 million$757 million-$243 million
2018$752 million$896 million-$144 million
2019$716 million$804 million-$89 million
2020$678 million$846 million-$168 million
2021$838 million$1 billion-$175 million
2022$1 billion$1.1 billion-$90 million
2023$975 million$1.1 billion-$167 million
2024$1 billion$1 billion$1 million

What they sell each other

What Portugal sells to Sweden

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

  1. Copper ore$129 million · 12.6%
    80 thousand tonnes
  2. Transformers and power supplies$107 million · 10.5%
    971 tonnes
  3. Cars$73 million · 7.1%
    5 thousand tonnes · Portugal’s destinations
  4. Chemical wood pulp$73 million · 7.1%
    113 thousand tonnes
  5. Other engines and motors$60 million · 5.9%
    4 thousand tonnes
  6. 305 tonnes
  7. Engine parts$32 million · 3.1%
    5 thousand tonnes
  8. Auto parts$32 million · 3.1%
    2 thousand tonnes · Portugal’s destinations
  9. Wine$25 million · 2.4%
    8 thousand tonnes
  10. Steel wire rod$18 million · 1.7%
    29 thousand tonnes

What Sweden sells to Portugal

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

  1. Cars$117 million · 11.5%
    5 thousand tonnes · Sweden’s destinations
  2. 9 thousand tonnes · Sweden’s destinations
  3. 13 thousand tonnes
  4. Trucks$57 million · 5.5%
    4 thousand tonnes · Sweden’s destinations
  5. Frozen fish$45 million · 4.4%
    6 thousand tonnes
  6. Chemical wood pulp$41 million · 4%
    51 thousand tonnes · Sweden’s destinations
  7. 338 tonnes
  8. Fresh fish$31 million · 3%
    4 thousand tonnes
  9. Chassis with engines$17 million · 1.7%
    910 tonnes
  10. 26 tonnes

How it travels

Estimated sea route from Sines to Gothenburg.

The estimated sea route between Sines and Gothenburg is 1,628 nautical miles (3,014 km) long: ≈ 4–5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover.

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$1.6 billion · 78.1%
  2. Air$448 million · 21.9%

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

How much each matters to the other

Sweden was Portugal’s 16th largest trading partner (1% of its trade), and Portugal was Sweden’s 30th (0.6%).

Sweden in Portugal’s trade
1%
Sweden’s rank among Portugal’s partners
16th
Portugal in Sweden’s trade
0.6%
Portugal’s rank among Sweden’s partners
30th

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.