1. Overview the trade of SWEDEN in goods current year until 202103
According to Dalian Infobank, in 202103, SWEDEN's exports and imports of goods amounted to 33340.5525 million, and were up 27.74% comparing with the same period of last year. Among these, exports were up 26.31% at 16842.9415 million, and imports were up 29.23% at 16497.6110 million. And the corresponding trade surplus was 345.3306 million and down 39.25%.
During the current year until 202103, SWEDEN's total exports and imports of goods were 89288.8989 million and were up 15.13% comparing to the same period of last year. Among these, exports were 45428.5695 million and up 12.70%; imports were 43860.3294 million and up 17.77%. The total trade surplus was 1568.2401 million and down 48.84%.
If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, FINLAND were SWEDEN's top five trading partners. During the current year until 202103, SWEDEN's imports and exports to five countries/territories were 12621.6684 million, 9039.3666 million, 6739.6217 million, 6395.2403 million, 5102.3159 million. These values correspond to 14.14%, 10.12%, 7.55%, 7.16%, 5.71% of SWEDEN's imports and exports, and, respectively, were up 13.41%, up 17.15%, up 20.80%, up 20.83%, up 16.91% comparing to the same period of last year.
Current year until 202103, 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 202103, SWEDEN's exports to these five countries/territories were 4713.9403 million, 4589.9892 million, 3709.8085 million, 3400.4634 million, 3125.3246 million. These values correspond to 10.38%, 10.10%, 8.17%, 7.49%, 6.88% of SWEDEN's exports and, respectively, were up 11.75%, up 15.80%, up 12.88%, up 20.37%, up 15.47% comparing with the same period of last year.
Current year until 202103, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202103, SWEDEN's imports from these five countries/territories were 7907.7281 million, 4449.3774 million, 4317.5530 million, 2994.7769 million, 2640.0006 million. These values correspond to 18.03%, 10.14%, 9.84%, 6.83%, 6.02% of SWEDEN's total imports and, respectively, were up 14.42%, up 18.59%, up 23.18%, up 21.36%, up 30.29% comparing with the same period of last year.
During the current year until 202103, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, UNITED KINGDOM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, DENMARK at 2636.6239 million, 1148.3332 million, 1041.3631 million, 455.8024 million, 405.6865 million, and up 17.82%, up 9.49%, up 221.22%, up 33.40%, up 13.52%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, POLAND, HUNGARY at 3193.7878 million, 1895.4842 million, 585.8437 million, 406.0071 million, 382.4824 million, and up 18.60%, up 32.48%, down 316.00%, up 16.94%, up 49.09%.
Current year until 202103, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202103, 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 13530.6260 million, 12064.2306 million, 9638.2328 million, 6502.1975 million, 4042.8654 million, which were up 18.59%, up 20.20%, up 19.10%, up 10.88%, down 14.63% comparing with the same period of last year and account for 15.15%, 13.51%, 10.79%, 7.28%, 4.53% of SWEDEN's total imports and exports.
During the current year until 202103, 84, 87, 85, 27, 30 were SWEDEN's top five traded commodities, with total import and export values of 7278.3016 million, 6571.5281 million, 3956.0572 million, 2932.1998 million, 2556.8172 million. These values correspond to 16.02%, 14.47%, 8.71%, 6.45%, 5.63% of SWEDEN's total exports and, respectively, were up 15.31%, up 15.40%, up 10.36%, up 21.06%, down 24.66% comparing to the same period of last year.
During the current year until 202103, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 6252.3244 million, 5682.1756 million, 5492.7025 million, 3569.9977 million, 1617.5958 million. These values correspond to 14.26%, 12.96%, 12.52%, 8.14%, 3.69% of SWEDEN's total exports and, respectively, were up 22.65%, up 26.06%, up 26.50%, up 3.71%, up 14.74% comparing to the same period of last year.
2. Current year until 202103, SWEDEN binational trade profile
According to Dalian Infobank, during the current year until 202103, SWEDEN-China binational exports and imports of goods amounted to 4694.1574 million and were up 8.57% comparing with the same period of last year. Among these, exports from SWEDEN to China were 2054.1568 million and down 10.59%, imports from China to SWEDEN were 2640.0006 million and up 30.29%. The total binational trade deficit was 585.8437 million and down 316.00%.
During the urrent year until 202103, commodities with hs2 code, 84, 85, 87, 94, 30, were binational trade's top five traded commodities. They correspond to import and export values of 818.7238 million, 740.6185 million, 547.2052 million, 283.5047 million, 273.2931 million and makes up 17.44%, 15.78%, 11.66%, 6.04%, 5.82% of the total binational imports and exports. These values were also up 22.36%, up 33.77%, up 16.04%, up 42.57%, down 63.19% comparing to the same period last year.
During the current year until 202103, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 465.0111 million, 373.5629 million, 264.8046 million, 141.9955 million, 137.7338 million. These values account for 22.64%, 18.19%, 12.89%, 6.91%, 6.71% of SWEDEN's total exports and were up 14.46%, up 7.23%, down 64.07%, up 14.64%, up 36.16% comparing to the same period of last year.
During the current year until 202103, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 598.6230 million, 445.1609 million, 278.8611 million, 139.5302 million, 117.2173 million. These values account for 22.68%, 16.86%, 10.56%, 5.29%, 4.44% of SWEDEN's total imports and were up 39.28%, up 38.79%, up 43.39%, up 9.04%, up 25.27% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat