1.  Overview the trade of SWEDEN in goods current year until 202007

According to Dalian Infobank, in 202007, SWEDEN's exports and imports of goods amounted to 22577.7182 million, and were down 11.05% comparing with the same period of last year. Among these, exports were down 11.66% at 11507.8920 million, and imports were down 10.40% at 11069.8262 million. And the corresponding trade surplus was 438.0658 million and down 34.77%.

During the current year until 202007, SWEDEN's total exports and imports of goods were 166789.4030 million and were down 11.48% comparing to the same period of last year. Among these, exports were 85752.1425 million and down 10.25%; imports were 81037.2605 million and down 12.74%. The total trade surplus was 4714.8821 million and up 76.48%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202007, SWEDEN's imports and exports to five countries/territories were 23439.5151 million, 16299.1273 million, 11991.9591 million, 11752.0582 million, 10299.2612 million. These values correspond to 14.05%, 9.77%, 7.19%, 7.05%, 6.18% of SWEDEN's imports and exports, and, respectively, were down 12.18%, down 6.30%, down 11.78%, down 5.97%, up 3.94% comparing to the same period of last year.

Current year until 202007, 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 202007, SWEDEN's exports to these five countries/territories were 8890.0049 million, 8777.5484 million, 7300.2530 million, 6258.1586 million, 5874.3943 million. These values correspond to 10.37%, 10.24%, 8.51%, 7.30%, 6.85% of SWEDEN's exports and, respectively, were down 12.04%, down 9.68%, up 3.26%, down 1.77%, down 9.06% comparing with the same period of last year.

Current year until 202007, 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 202007, SWEDEN's imports from these five countries/territories were 14549.5102 million, 7741.2001 million, 7521.5789 million, 5493.8996 million, 5078.0318 million. These values correspond to 17.95%, 9.55%, 9.28%, 6.78%, 6.27% of SWEDEN's total imports and, respectively, were down 12.27%, down 9.16%, down 2.01%, down 10.34%, down 7.58% comparing with the same period of last year.

During the current year until 202007, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, NORWAY, JAPAN, AUSTRALIA at 4847.0778 million, 2237.5488 million, 1255.9695 million, 954.0087 million, 917.8353 million, and up 2.21%, up 14.44%, down 38.50%, up 36.09%, down 2.36%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, BELGIUM, CZECH REPUBLIC at 5659.5052 million, 3490.4411 million, 921.2667 million, 735.4068 million, 632.4576 million, and down 12.63%, up 1.19%, up 19.70%, up 104.72%, down 12.21%.

Current year until 202007, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 24719.8423 million, 18620.0792 million, 18354.1646 million, 11102.2620 million, 10824.0782 million, which were down 11.77%, down 26.32%, down 1.38%, up 23.28%, down 35.95% comparing with the same period of last year and account for 14.82%, 11.16%, 11.00%, 6.66%, 6.49% of SWEDEN's total imports and exports.

During the current year until 202007, 84, 87, 85, 30, 48 were SWEDEN's top five traded commodities, with total import and export values of 13527.0064 million, 10293.1734 million, 8129.7153 million, 7892.5265 million, 4893.5831 million. These values correspond to 15.77%, 12.00%, 9.48%, 9.20%, 5.71% of SWEDEN's total exports and, respectively, were down 12.52%, down 28.20%, up 1.79%, up 27.92%, down 5.88% comparing to the same period of last year.

During the current year until 202007, 84, 85, 87, 27, 30 were SWEDEN's top five traded commodities, with total import values of 11192.8359 million, 10224.4493 million, 8326.9058 million, 6631.7300 million, 3209.7354 million. These values correspond to 13.81%, 12.62%, 10.28%, 8.18%, 3.96% of SWEDEN's total exports and, respectively, were down 10.85%, down 3.76%, down 23.84%, down 35.27%, up 13.21% comparing to the same period of last year.

2. Current year until 202007, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202007, SWEDEN-China binational exports and imports of goods amounted to 10299.2612 million and were up 3.94% comparing with the same period of last year. Among these, exports from SWEDEN to China were 5221.2294 million and up 18.29%, imports from China to SWEDEN were 5078.0318 million and down 7.58%. The total binational trade surplus was 143.1976 million and down 113.25%.

During the urrent year until 202007, 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 1647.5729 million, 1496.6186 million, 1435.4384 million, 921.2947 million, 475.1861 million and makes up 16.00%, 14.53%, 13.94%, 8.95%, 4.61% of the total binational imports and exports. These values were also down 1.22%, up 28.67%, down 6.19%, down 7.72%, down 4.21% comparing to the same period last year.

During the current year until 202007, 30, 84, 87, 85, 26 were the top five traded commodities exported to China from SWEDEN, with export values of 1477.6482 million, 838.0751 million, 756.9466 million, 352.0876 million, 269.8721 million. These values account for 28.30%, 16.05%, 14.50%, 6.74%, 5.17% of SWEDEN's total exports and were up 28.50%, up 4.80%, down 4.89%, up 23.92%, up 1050.88% comparing to the same period of last year.

During the current year until 202007, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1083.3508 million, 809.4978 million, 464.8725 million, 258.8049 million, 250.0429 million. These values account for 21.33%, 15.94%, 9.15%, 5.10%, 4.92% of SWEDEN's total imports and were down 13.05%, down 6.76%, down 3.81%, down 32.41%, down 18.72% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat