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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202012

 1.  Overview the trade of SWEDEN in goods current year until 202012

According to Dalian Infobank, in 202012SWEDEN's exports and imports of goods amounted to 28441.0836 million, and were up 13.35% comparing with the same period of last year. Among these, exports were up 15.49% at 14314.5005 million, and imports were up 11.27% at 14126.5831 million. And the corresponding trade surplus was 187.9174 million and down 162.37%.

During the current year until 202012, SWEDEN's total exports and imports of goods were 304867.9675 million and were down 4.59% comparing to the same period of last year. Among these, exports were 155531.2276 million and down 3.14%; imports were 149336.7399 million and down 6.06%. The total trade surplus was 6194.4876 million and up 285.96%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202012, SWEDEN's imports and exports to five countries/territories were 43330.5808 million, 29857.0982 million, 22615.9979 million, 21940.7958 million, 17693.2243 million. These values correspond to 14.21%, 9.79%, 7.42%, 7.20%, 5.80% of SWEDEN's imports and exports, and, respectively, were down 3.05%, down 1.46%, down 3.15%, up 1.80%, up 3.25% comparing to the same period of last year.

Current year until 202012, 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 202012, SWEDEN's exports to these five countries/territories were 16427.6739 million, 16123.5549 million, 12641.0532 million, 11746.9600 million, 10887.6205 million. These values correspond to 10.56%, 10.37%, 8.13%, 7.55%, 7.00% of SWEDEN's exports and, respectively, were down 3.21%, down 1.88%, up 3.27%, up 6.24%, down 4.74% comparing with the same period of last year.

Current year until 202012, 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 202012, SWEDEN's imports from these five countries/territories were 27207.0259 million, 14660.5682 million, 13429.4243 million, 10193.8358 million, 9250.0780 million. These values correspond to 18.22%, 9.82%, 8.99%, 6.83%, 6.19% of SWEDEN's total imports and, respectively, were down 3.73%, down 2.32%, up 0.77%, down 2.88%, down 3.66% comparing with the same period of last year.

During the current year until 202012, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, NORWAY, DENMARK, JAPAN at 8468.6720 million, 4107.6478 million, 2998.2496 million, 1553.1242 million, 1461.1581 million, and up 12.19%, up 12.67%, down 17.77%, up 176.67%, up 27.62%. And the trade deficits were mainly from GERMANY, NETHERLANDS, POLAND, CZECH REPUBLIC, BELGIUM at 11083.4710 million, 6705.1386 million, 1870.1703 million, 1247.3494 million, 1219.5248 million, and down 6.30%, up 0.60%, up 21.97%, down 1.29%, up 90.08%.

Current year until 202012, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 44926.5425 million, 37907.3875 million, 35462.5635 million, 18891.0526 million, 17083.9263 million, which were down 4.41%, down 11.29%, up 5.57%, down 32.08%, up 12.54% comparing with the same period of last year and account for 14.74%, 12.43%, 11.63%, 6.20%, 5.60% of SWEDEN's total imports and exports.

During the current year until 202012, 84, 87, 85, 30, 48 were SWEDEN's top five traded commodities, with total import and export values of 24462.7521 million, 21235.0566 million, 15357.7125 million, 11635.9912 million, 8363.5256 million. These values correspond to 15.73%, 13.65%, 9.87%, 7.48%, 5.38% of SWEDEN's total exports and, respectively, were down 5.02%, down 11.52%, up 7.94%, up 13.38%, down 3.04% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 20463.7903 million, 20104.8510 million, 16672.3309 million, 11335.7266 million, 5569.6633 million. These values correspond to 13.70%, 13.46%, 11.16%, 7.59%, 3.73% of SWEDEN's total exports and, respectively, were down 3.68%, up 3.83%, down 10.99%, down 32.66%, down 3.47% comparing to the same period of last year.


2. Current year until 202012, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202012, SWEDEN-China binational exports and imports of goods amounted to 17693.2243 million and were up 3.25% comparing with the same period of last year. Among these, exports from SWEDEN to China were 8443.1463 million and up 12.06%, imports from China to SWEDEN were 9250.0780 million and down 3.66%. The total binational trade deficit was 806.9317 million and down 60.97%.

During the urrent year until 202012, 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 2919.2994 million, 2798.6446 million, 1857.1585 million, 1756.3294 million, 868.4559 million and makes up 16.50%, 15.82%, 10.50%, 9.93%, 4.91% of the total binational imports and exports. These values were also up 2.91%, up 5.80%, up 1.52%, up 2.54%, up 0.63% comparing to the same period last year.

During the current year until 202012, 30, 87, 84, 85, 26 were the top five traded commodities exported to China from SWEDEN, with export values of 1825.4228 million, 1479.7431 million, 1430.2253 million, 647.7533 million, 434.4678 million. These values account for 21.62%, 17.53%, 16.94%, 7.67%, 5.15% of SWEDEN's total exports and were up 1.06%, up 8.14%, up 2.36%, up 32.93%, up 189.68% comparing to the same period of last year.

During the current year until 202012, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 2150.8913 million, 1489.0741 million, 845.2082 million, 520.1198 million, 421.6434 million. These values account for 23.25%, 16.10%, 9.14%, 5.62%, 4.56% of SWEDEN's total imports and were down 0.33%, up 3.44%, up 0.54%, down 12.54%, down 4.60% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat