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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202005

 1.  Overview the trade of SWEDEN in goods current year until 202005

According to Dalian Infobank, in 202005SWEDEN's exports and imports of goods amounted to 20890.9400 million, and were down 24.97% comparing with the same period of last year. Among these, exports were down 26.08% at 10528.0424 million, and imports were down 23.81% at 10362.8976 million. And the corresponding trade surplus was 165.1448 million and down 74.21%.

During the current year until 202005, SWEDEN's total exports and imports of goods were 119191.6906 million and were down 13.15% comparing to the same period of last year. Among these, exports were 61458.1234 million and down 11.62%; imports were 57733.5672 million and down 14.73%. The total trade surplus was 3724.5562 million and up 103.51%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202005, SWEDEN's imports and exports to five countries/territories were 16828.5192 million, 11656.0726 million, 8577.4292 million, 8347.8854 million, 7058.0002 million. These values correspond to 14.12%, 9.78%, 7.20%, 7.00%, 5.92% of SWEDEN's imports and exports, and, respectively, were down 14.51%, down 7.05%, down 14.05%, down 8.23%, up 0.97% comparing to the same period of last year.

Current year until 202005, SWEDEN and the top five trade partners GERMANY, NORWAY, UNITED STATES, DENMARK, FINLAND are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202005, SWEDEN's exports to these five countries/territories were 6509.6098 million, 6153.3495 million, 5060.8334 million, 4436.3183 million, 4166.4901 million. These values correspond to 10.59%, 10.01%, 8.23%, 7.22%, 6.78% of SWEDEN's exports and, respectively, were down 12.13%, down 12.46%, down 2.84%, down 3.55%, down 10.90% comparing with the same period of last year.

Current year until 202005, SWEDEN's exports to top five countries/territories GERMANY, NETHERLANDS, NORWAY, DENMARK, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202005, SWEDEN's imports from these five countries/territories were 10318.9094 million, 5512.4583 million, 5502.7230 million, 3911.5671 million, 3409.3031 million. These values correspond to 17.87%, 9.55%, 9.53%, 6.78%, 5.91% of SWEDEN's total imports and, respectively, were down 15.94%, down 10.03%, down 0.17%, down 13.01%, down 12.01% comparing with the same period of last year.

During the current year until 202005, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, JAPAN, AUSTRALIA, NORWAY at 3308.4613 million, 1556.3958 million, 766.8617 million, 742.6337 million, 650.6265 million, and down 5.38%, up 16.33%, up 65.46%, up 15.06%, down 57.11%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, CZECH REPUBLIC, VIETNAM at 3809.2996 million, 2447.4875 million, 687.1190 million, 455.1416 million, 440.5275 million, and down 21.74%, up 7.60%, up 28.57%, down 14.14%, up 9.34%.

Current year until 202005, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202005,  commodities with hs2 codes, 84, 87, 85, 27, 30, were SWEDEN's top five traded commodities. They correspond to the import and export values of 17625.3386 million, 12898.7112 million, 12864.8291 million, 8161.5626 million, 7995.0661 million, which were down 14.48%, down 30.88%, down 4.26%, down 30.87%, up 19.24% comparing with the same period of last year and account for 14.79%, 10.82%, 10.79%, 6.85%, 6.71% of SWEDEN's total imports and exports.

During the current year until 202005, 84, 87, 30, 85, 48 were SWEDEN's top five traded commodities, with total import and export values of 9649.2553 million, 7218.5535 million, 5749.8182 million, 5693.8421 million, 3545.5701 million. These values correspond to 15.70%, 11.75%, 9.36%, 9.26%, 5.77% of SWEDEN's total exports and, respectively, were down 15.20%, down 32.22%, up 24.62%, up 0.69%, down 6.67% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 7976.0833 million, 7170.9871 million, 5680.1577 million, 4970.4880 million, 2312.6120 million. These values correspond to 13.82%, 12.42%, 9.84%, 8.61%, 4.01% of SWEDEN's total exports and, respectively, were down 13.59%, down 7.85%, down 29.10%, down 30.39%, down 9.75% comparing to the same period of last year.


2. Current year until 202005, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202005, SWEDEN-China binational exports and imports of goods amounted to 7058.0002 million and were up 0.97% comparing with the same period of last year. Among these, exports from SWEDEN to China were 3648.6971 million and up 17.12%, imports from China to SWEDEN were 3409.3031 million and down 12.01%. The total binational trade surplus was 239.3940 million and down 131.53%.

During the urrent year until 202005, commodities with hs2 code, 30, 84, 85, 87, 94, were binational trade's top five traded commodities. They correspond to import and export values of 1168.4536 million, 1125.9399 million, 961.6241 million, 601.6370 million, 310.5225 million and makes up 16.56%, 15.95%, 13.62%, 8.52%, 4.40% of the total binational imports and exports. These values were also up 37.70%, down 5.96%, down 12.19%, down 11.32%, down 10.76% comparing to the same period last year.

During the current year until 202005, 30, 84, 87, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1156.6039 million, 562.1377 million, 492.8376 million, 227.8952 million, 174.2577 million. These values account for 31.70%, 15.41%, 13.51%, 6.25%, 4.78% of SWEDEN's total exports and were up 37.88%, down 0.87%, down 6.94%, up 9.30%, up 6.39% comparing to the same period of last year.

During the current year until 202005, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 733.7289 million, 563.8022 million, 303.7105 million, 174.8214 million, 168.1201 million. These values account for 21.52%, 16.54%, 8.91%, 5.13%, 4.93% of SWEDEN's total imports and were down 17.24%, down 10.54%, down 10.23%, down 16.85%, down 34.16% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat