1.  Overview the trade of SWEDEN in goods current year until 202011

According to Dalian Infobank, in 202011, SWEDEN's exports and imports of goods amounted to 29403.1467 million, and were up 8.81% comparing with the same period of last year. Among these, exports were up 8.78% at 14842.1358 million, and imports were up 8.85% at 14561.0110 million. And the corresponding trade surplus was 281.1248 million and up 5.28%.

During the current year until 202011, SWEDEN's total exports and imports of goods were 276426.8839 million and were down 6.12% comparing to the same period of last year. Among these, exports were 141216.7270 million and down 4.70%; imports were 135210.1568 million and down 7.56%. The total trade surplus was 6006.5702 million and up 215.10%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202011, SWEDEN's imports and exports to five countries/territories were 39376.9058 million, 26969.8703 million, 20302.3465 million, 19874.3797 million, 16307.8873 million. These values correspond to 14.24%, 9.76%, 7.34%, 7.19%, 5.90% of SWEDEN's imports and exports, and, respectively, were down 4.68%, down 3.00%, down 5.35%, up 0.55%, up 3.81% comparing to the same period of last year.

Current year until 202011, 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 202011, SWEDEN's exports to these five countries/territories were 14891.2376 million, 14726.3693 million, 11565.8109 million, 10636.0641 million, 9909.0300 million. These values correspond to 10.54%, 10.43%, 8.19%, 7.53%, 7.02% of SWEDEN's exports and, respectively, were down 4.98%, down 3.80%, up 3.47%, up 5.03%, down 5.85% comparing with the same period of last year.

Current year until 202011, 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 202011, SWEDEN's imports from these five countries/territories were 24650.5365 million, 13116.3403 million, 12078.6327 million, 9238.3156 million, 8482.3614 million. These values correspond to 18.23%, 9.70%, 8.93%, 6.83%, 6.27% of SWEDEN's total imports and, respectively, were down 5.19%, down 4.79%, down 0.43%, down 4.15%, down 3.58% comparing with the same period of last year.

During the current year until 202011, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, NORWAY, DENMARK, AUSTRALIA at 7777.9208 million, 3761.3864 million, 2812.6049 million, 1397.7485 million, 1300.0973 million, and up 12.76%, up 11.50%, down 20.58%, up 186.13%, up 4.30%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, CZECH REPUBLIC, BELGIUM at 9924.1671 million, 5930.3342 million, 1668.3064 million, 1114.9785 million, 1099.4836 million, and down 7.18%, down 2.82%, up 18.69%, down 4.61%, up 96.82%.

Current year until 202011, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202011,  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 40734.8455 million, 33805.4671 million, 31839.1960 million, 16932.4856 million, 15912.5746 million, which were down 6.17%, down 14.27%, up 3.79%, down 32.89%, up 14.11% comparing with the same period of last year and account for 14.74%, 12.23%, 11.52%, 6.13%, 5.76% of SWEDEN's total imports and exports.

During the current year until 202011, 84, 87, 85, 30, 48 were SWEDEN's top five traded commodities, with total import and export values of 22182.6407 million, 18952.7325 million, 13844.8976 million, 10889.8509 million, 7669.7611 million. These values correspond to 15.71%, 13.42%, 9.80%, 7.71%, 5.43% of SWEDEN's total exports and, respectively, were down 6.80%, down 15.08%, up 6.80%, up 14.89%, down 4.05% comparing to the same period of last year.

During the current year until 202011, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 18552.2048 million, 17994.2984 million, 14852.7346 million, 10135.0451 million, 5108.6034 million. These values correspond to 13.72%, 13.31%, 10.98%, 7.50%, 3.78% of SWEDEN's total exports and, respectively, were down 5.41%, up 1.59%, down 13.21%, down 33.88%, down 5.29% comparing to the same period of last year.

2. Current year until 202011, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202011, SWEDEN-China binational exports and imports of goods amounted to 16307.8873 million and were up 3.81% comparing with the same period of last year. Among these, exports from SWEDEN to China were 7825.5258 million and up 13.21%, imports from China to SWEDEN were 8482.3614 million and down 3.58%. The total binational trade deficit was 656.8356 million and down 65.15%.

During the urrent year until 202011, 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 2693.1518 million, 2520.9840 million, 1795.7480 million, 1559.7119 million, 791.2966 million and makes up 16.51%, 15.46%, 11.01%, 9.56%, 4.85% of the total binational imports and exports. These values were also up 4.16%, up 3.11%, up 4.99%, down 1.35%, down 0.48% comparing to the same period last year.

During the current year until 202011, 30, 84, 87, 85, 26 were the top five traded commodities exported to China from SWEDEN, with export values of 1766.6649 million, 1318.4949 million, 1302.6716 million, 595.2677 million, 422.6584 million. These values account for 22.58%, 16.85%, 16.65%, 7.61%, 5.40% of SWEDEN's total exports and were up 4.59%, up 5.86%, up 3.53%, up 33.74%, up 234.71% comparing to the same period of last year.

During the current year until 202011, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 1925.7163 million, 1374.6568 million, 771.6660 million, 486.9587 million, 385.3193 million. These values account for 22.70%, 16.21%, 9.10%, 5.74%, 4.54% of SWEDEN's total imports and were down 3.70%, up 2.58%, down 0.35%, down 13.14%, down 5.46% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat