$21.3 billion in imports and $18.4 billion in exports in 2025. That means that the US imported $2.91 billion more from Sweden than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$21.3B
Value of imports from Sweden to the US (2025)
$18.4B
Value of exports from the US to Sweden (2025)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.2% of total trade with the US in 2025.
How high is Sweden ranked as a US trade partner?
BEA data ranks Sweden as the US’ 31st top trading partner: In 2025, the US traded $39.7 billion in goods and services with Sweden. Countries with similar trade values include Philippines ($41.7B) and Saudi Arabia ($39.3B).
In 2025, the US traded $39.7 billion in goods and services with Sweden.
Total trade value (imports + exports) with the US (2025), by select countries
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Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
What is the trade balance with Sweden?
The US has had a trade deficit with Sweden every year from 1999 through 2025. The 2025 deficit was $2.91 billion, a decrease from 2024's deficit of $6.71 billion.
The trade deficit with Sweden decreased to $2.91B in 2025.
Annual trade balance with Sweden, not adjusted for inflation
What does the US import from Sweden?
In 2025, 75.5% of imports from Sweden to the US were goods. The largest category was capital goods (tools used for the production process, like machinery and equipment), accounting for $5.63 billion. The top three imports were capital goods, industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic), and automotive vehicles and parts. These categories accounted for $12.6 billion of total imports.
The other 24.5% were services, with business services being the largest service category. Business services (like R&D, consulting, and tech services) accounted for $1.25 billion.
Capital goods made up 26.4% of US imports from Sweden in 2025.
US imports from Sweden by category (2025)
What does the US export to Sweden?
In 2025, more US exports to Sweden were goods — 51.5%. The largest export was capital goods, which accounted for a value of $3.41 billion. The top three exports were capital goods, industrial supplies and materials, and consumer goods (goods and services purchased by individuals for personal use, like clothing and cellphones). These categories accounted for $8.14 billion of exports to Sweden.
The other 48.5% were services, with business services being the largest service category. Business services accounted for $4.24 billion.
Business services made up 23% of US exports to Sweden in 2025.
US exports to Sweden by category (2025)
Value of imports and exports, by category (2025)
Value of imports and exports, by category (2025)
1.
Capital goods
$5.63 billion
2.
Industrial supplies and materials
$3.77 billion
3.
Automotive vehicles and parts
$3.22 billion
4.
Consumer goods
$2.42 billion
5.
Business services
$1.25 billion
6.
Use of intellectual property
$1.16 billion
7.
Transport
$927 million
8.
Other merchandise
$758 million
9.
Travel
$599 million
10.
Telecommunications and information services
$489 million
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
