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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202006

 1.  Overview the trade of SWEDEN in goods current year until 202006

According to Dalian Infobank, in 202006SWEDEN's exports and imports of goods amounted to 25019.9942 million, and were down 2.98% comparing with the same period of last year. Among these, exports were down 1.49% at 12786.1271 million, and imports were down 4.49% at 12233.8670 million. And the corresponding trade surplus was 552.2601 million and up 225.15%.

During the current year until 202006, SWEDEN's total exports and imports of goods were 144211.6848 million and were down 11.55% comparing to the same period of last year. Among these, exports were 74244.2505 million and down 10.03%; imports were 69967.4342 million and down 13.10%. The total trade surplus was 4276.8163 million and up 113.84%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202006, SWEDEN's imports and exports to five countries/territories were 20390.9960 million, 14160.5186 million, 10358.3332 million, 10124.2733 million, 8641.8403 million. These values correspond to 14.14%, 9.82%, 7.18%, 7.02%, 5.99% of SWEDEN's imports and exports, and, respectively, were down 12.19%, down 5.57%, down 12.61%, down 6.63%, up 3.09% comparing to the same period of last year.

Current year until 202006, 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 202006, SWEDEN's exports to these five countries/territories were 7820.1286 million, 7584.7229 million, 6259.2021 million, 5369.0558 million, 5026.9138 million. These values correspond to 10.53%, 10.22%, 8.43%, 7.23%, 6.77% of SWEDEN's exports and, respectively, were down 10.35%, down 10.15%, up 1.87%, down 2.22%, down 9.61% comparing with the same period of last year.

Current year until 202006, 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 202006, SWEDEN's imports from these five countries/territories were 12570.8674 million, 6671.7500 million, 6575.7957 million, 4755.2176 million, 4222.1736 million. These values correspond to 17.97%, 9.54%, 9.40%, 6.80%, 6.03% of SWEDEN's total imports and, respectively, were down 13.30%, down 9.02%, up 0.33%, down 11.15%, down 8.77% comparing with the same period of last year.

During the current year until 202006, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, NORWAY, JAPAN, AUSTRALIA at 4093.6451 million, 1861.2436 million, 1008.9272 million, 881.1370 million, 844.2245 million, and down 1.28%, up 18.00%, down 46.53%, up 58.41%, up 11.98%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, CZECH REPUBLIC, VIETNAM at 4750.7388 million, 2985.1669 million, 848.2821 million, 561.2694 million, 522.8990 million, and down 17.76%, up 6.12%, up 25.86%, down 10.62%, up 11.91%.

Current year until 202006, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202006,  commodities with hs2 codes, 84, 87, 85, 30, 27, were SWEDEN's top five traded commodities. They correspond to the import and export values of 21511.3552 million, 15885.0046 million, 15624.4433 million, 9753.2815 million, 9512.0168 million, which were down 12.07%, down 28.67%, down 1.97%, up 26.75%, down 33.09% comparing with the same period of last year and account for 14.92%, 11.02%, 10.83%, 6.76%, 6.60% of SWEDEN's total imports and exports.

During the current year until 202006, 84, 87, 30, 85, 48 were SWEDEN's top five traded commodities, with total import and export values of 11748.5893 million, 8846.5949 million, 7001.3502 million, 6889.0255 million, 4204.0667 million. These values correspond to 15.82%, 11.92%, 9.43%, 9.28%, 5.66% of SWEDEN's total exports and, respectively, were down 12.67%, down 30.45%, up 32.72%, up 2.15%, down 6.10% comparing to the same period of last year.

During the current year until 202006, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 9762.7658 million, 8735.4178 million, 7038.4098 million, 5841.5119 million, 2786.7799 million. These values correspond to 13.95%, 12.48%, 10.06%, 8.35%, 3.98% of SWEDEN's total exports and, respectively, were down 11.34%, down 5.00%, down 26.29%, down 32.61%, down 8.89% comparing to the same period of last year.


2. Current year until 202006, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202006, SWEDEN-China binational exports and imports of goods amounted to 8641.8403 million and were up 3.09% comparing with the same period of last year. Among these, exports from SWEDEN to China were 4419.6667 million and up 17.70%, imports from China to SWEDEN were 4222.1736 million and down 8.77%. The total binational trade surplus was 197.4931 million and down 122.63%.

During the urrent year until 202006, commodities with hs2 code, 84, 30, 85, 87, 94, were binational trade's top five traded commodities. They correspond to import and export values of 1383.8004 million, 1353.4355 million, 1196.9660 million, 756.6174 million, 384.7070 million and makes up 16.01%, 15.66%, 13.85%, 8.76%, 4.45% of the total binational imports and exports. These values were also down 1.94%, up 36.32%, down 7.38%, down 12.33%, down 8.01% comparing to the same period last year.

During the current year until 202006, 30, 84, 87, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1338.1617 million, 696.1630 million, 624.7225 million, 292.5557 million, 200.5531 million. These values account for 30.28%, 15.75%, 14.14%, 6.62%, 4.54% of SWEDEN's total exports and were up 36.38%, up 4.66%, down 9.27%, up 19.51%, up 4.87% comparing to the same period of last year.

During the current year until 202006, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 904.4103 million, 687.6374 million, 376.4991 million, 217.1243 million, 203.3100 million. These values account for 21.42%, 16.29%, 8.92%, 5.14%, 4.82% of SWEDEN's total imports and were down 13.66%, down 7.83%, down 7.46%, down 34.71%, down 16.23% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat