1.  Overview the trade of SWEDEN in goods current year until 202010

According to Dalian Infobank, in 202010, SWEDEN's exports and imports of goods amounted to 28576.4119 million, and were up 0.52% comparing with the same period of last year. Among these, exports were up 3.98% at 14572.5773 million, and imports were down 2.85% at 14003.8346 million. And the corresponding trade surplus was 568.7427 million and down 242.49%.

During the current year until 202010, SWEDEN's total exports and imports of goods were 247023.7371 million and were down 7.63% comparing to the same period of last year. Among these, exports were 126374.5913 million and down 6.07%; imports were 120649.1458 million and down 9.22%. The total trade surplus was 5725.4454 million and up 249.27%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202010, SWEDEN's imports and exports to five countries/territories were 34959.7337 million, 24099.0445 million, 17957.7925 million, 17683.4166 million, 14851.4235 million. These values correspond to 14.15%, 9.76%, 7.27%, 7.16%, 6.01% of SWEDEN's imports and exports, and, respectively, were down 6.85%, down 3.78%, down 7.44%, down 1.38%, up 3.33% comparing to the same period of last year.

Current year until 202010, SWEDEN and the top five trade partners NORWAY, GERMANY, 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 202010, SWEDEN's exports to these five countries/territories were 13214.5243 million, 13099.7284 million, 10421.5468 million, 9439.7154 million, 8899.5269 million. These values correspond to 10.46%, 10.37%, 8.25%, 7.47%, 7.04% of SWEDEN's exports and, respectively, were down 6.73%, down 6.39%, up 3.99%, up 2.97%, down 6.75% comparing with the same period of last year.

Current year until 202010, 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 202010, SWEDEN's imports from these five countries/territories were 21860.0053 million, 11548.4975 million, 10884.5202 million, 8243.7012 million, 7655.3411 million. These values correspond to 18.12%, 9.57%, 9.02%, 6.83%, 6.35% of SWEDEN's total imports and, respectively, were down 7.12%, down 6.81%, up 0.06%, down 5.92%, down 6.11% comparing with the same period of last year.

During the current year until 202010, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, NORWAY, AUSTRALIA, DENMARK at 6936.0678 million, 3406.1097 million, 2330.0040 million, 1203.8670 million, 1196.0142 million, and up 12.85%, up 10.91%, down 29.18%, up 4.56%, up 195.90%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, CZECH REPUBLIC, BELGIUM at 8760.2769 million, 5139.2026 million, 1427.1613 million, 991.3966 million, 972.4143 million, and down 8.20%, down 4.53%, up 17.08%, down 5.06%, up 86.12%.

Current year until 202010, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202010,  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 36370.6743 million, 29578.4754 million, 27920.1884 million, 15301.9469 million, 14536.0818 million, which were down 8.01%, down 17.08%, up 1.83%, down 33.73%, up 16.97% comparing with the same period of last year and account for 14.72%, 11.97%, 11.30%, 6.19%, 5.88% of SWEDEN's total imports and exports.

During the current year until 202010, 84, 87, 85, 30, 48 were SWEDEN's top five traded commodities, with total import and export values of 19798.4139 million, 16663.2002 million, 12240.1544 million, 9927.2650 million, 6939.1246 million. These values correspond to 15.67%, 13.19%, 9.69%, 7.86%, 5.49% of SWEDEN's total exports and, respectively, were down 8.77%, down 17.57%, up 5.17%, up 18.35%, down 4.81% comparing to the same period of last year.

During the current year until 202010, 84, 85, 87, 27, 30 were SWEDEN's top five traded commodities, with total import values of 16572.2604 million, 15680.0339 million, 12915.2752 million, 9146.3395 million, 4608.8168 million. These values correspond to 13.74%, 13.00%, 10.70%, 7.58%, 3.82% of SWEDEN's total exports and, respectively, were down 7.07%, down 0.63%, down 16.45%, down 34.73%, up 14.09% comparing to the same period of last year.

2. Current year until 202010, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202010, SWEDEN-China binational exports and imports of goods amounted to 14851.4235 million and were up 3.33% comparing with the same period of last year. Among these, exports from SWEDEN to China were 7196.0824 million and up 15.71%, imports from China to SWEDEN were 7655.3411 million and down 6.11%. The total binational trade deficit was 459.2588 million and down 76.26%.

During the urrent year until 202010, commodities with hs2 code, 84, 85, 30, 87, 94, were binational trade's top five traded commodities. They correspond to import and export values of 2427.1679 million, 2214.8944 million, 1718.6411 million, 1393.6509 million, 714.4670 million and makes up 16.34%, 14.91%, 11.57%, 9.38%, 4.81% of the total binational imports and exports. These values were also up 1.62%, down 0.65%, up 13.83%, down 3.36%, down 3.17% comparing to the same period last year.

During the current year until 202010, 30, 84, 87, 85, 26 were the top five traded commodities exported to China from SWEDEN, with export values of 1692.3834 million, 1190.2557 million, 1159.3162 million, 521.5221 million, 422.6231 million. These values account for 23.52%, 16.54%, 16.11%, 7.25%, 5.87% of SWEDEN's total exports and were up 13.54%, up 4.09%, up 1.77%, up 27.92%, up 383.09% comparing to the same period of last year.

During the current year until 202010, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 1693.3723 million, 1236.9122 million, 697.2431 million, 444.9480 million, 354.0751 million. These values account for 22.12%, 16.16%, 9.11%, 5.81%, 4.63% of SWEDEN's total imports and were down 7.04%, down 0.65%, down 3.03%, down 15.16%, down 34.43% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat