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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202105

 1.  Overview the trade of SWEDEN in goods current year until 202105

According to Dalian Infobank, in 202105SWEDEN's exports and imports of goods amounted to 31549.3897 million, and were up 50.68% comparing with the same period of last year. Among these, exports were up 51.90% at 15990.9715 million, and imports were up 49.44% at 15558.4181 million. And the corresponding trade surplus was 432.5534 million and up 271.72%.

During the current year until 202105, SWEDEN's total exports and imports of goods were 151540.2509 million and were up 27.15% comparing to the same period of last year. Among these, exports were 76910.8398 million and up 25.15%; imports were 74629.4110 million and up 29.27%. The total trade surplus was 2281.4288 million and down 38.71%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, FINLAND were SWEDEN's top five trading partners. During the current year until 202105, SWEDEN's imports and exports to five countries/territories were 21231.8840 million, 15539.5718 million, 11669.9669 million, 10928.1371 million, 8660.2850 million. These values correspond to 14.01%, 10.25%, 7.70%, 7.21%, 5.71% of SWEDEN's imports and exports, and, respectively, were up 26.42%, up 33.90%, up 35.70%, up 31.10%, up 25.13% comparing to the same period of last year.

Current year until 202105, 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 202105, SWEDEN's exports to these five countries/territories were 7957.8302 million, 7864.5399 million, 6367.1697 million, 5830.0344 million, 5304.0071 million. These values correspond to 10.35%, 10.23%, 8.28%, 7.58%, 6.90% of SWEDEN's exports and, respectively, were up 29.35%, up 21.20%, up 25.82%, up 31.55%, up 25.75% comparing with the same period of last year.

Current year until 202105, 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 202105, SWEDEN's imports from these five countries/territories were 13367.3441 million, 7581.7416 million, 7559.7064 million, 5098.1026 million, 4463.9306 million. These values correspond to 17.91%, 10.16%, 10.13%, 6.83%, 5.98% of SWEDEN's total imports and, respectively, were up 29.71%, up 39.03%, up 36.36%, up 30.59%, up 31.22% comparing with the same period of last year.

During the current year until 202105, 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 4520.5217 million, 1947.7292 million, 1836.7593 million, 756.0613 million, 731.9318 million, and up 36.60%, up 28.61%, up 338.26%, up 64.63%, up 38.67%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, BELGIUM, POLAND at 5502.8042 million, 3449.4459 million, 926.9633 million, 614.7489 million, 614.3488 million, and up 44.20%, up 38.64%, down 475.52%, up 46.38%, down 10.01%.

Current year until 202105, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 22645.6211 million, 19806.4756 million, 16162.7404 million, 11623.0464 million, 7064.9059 million, which were up 28.61%, up 53.19%, up 26.00%, up 41.97%, down 11.49% comparing with the same period of last year and account for 14.94%, 13.07%, 10.67%, 7.67%, 4.66% of SWEDEN's total imports and exports.

During the current year until 202105, 84, 87, 85, 27, 30 were SWEDEN's top five traded commodities, with total import and export values of 12131.9325 million, 10897.3665 million, 6777.8976 million, 5052.2648 million, 4511.6917 million. These values correspond to 15.77%, 14.17%, 8.81%, 6.57%, 5.87% of SWEDEN's total exports and, respectively, were up 26.06%, up 50.25%, up 19.29%, up 57.92%, down 21.41% comparing to the same period of last year.

During the current year until 202105, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 10513.6886 million, 9384.8428 million, 8909.1091 million, 6570.7816 million, 2885.0326 million. These values correspond to 14.09%, 12.58%, 11.94%, 8.80%, 3.87% of SWEDEN's total exports and, respectively, were up 31.67%, up 31.33%, up 56.96%, up 31.74%, up 24.75% comparing to the same period of last year.


2. Current year until 202105, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202105, SWEDEN-China binational exports and imports of goods amounted to 8000.8980 million and were up 13.48% comparing with the same period of last year. Among these, exports from SWEDEN to China were 3536.9674 million and down 3.06%, imports from China to SWEDEN were 4463.9306 million and up 31.22%. The total binational trade deficit was 926.9633 million and down 475.52%.

During the urrent year until 202105, commodities with hs2 code, 84, 85, 87, 30, 94, were binational trade's top five traded commodities. They correspond to import and export values of 1420.9405 million, 1339.6802 million, 941.6469 million, 530.1981 million, 457.6653 million and makes up 17.76%, 16.74%, 11.77%, 6.63%, 5.72% of the total binational imports and exports. These values were also up 26.31%, up 39.23%, up 56.50%, down 54.62%, up 48.00% comparing to the same period last year.

During the current year until 202105, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 787.4524 million, 645.7771 million, 509.8051 million, 265.9748 million, 222.0016 million. These values account for 22.26%, 18.26%, 14.41%, 7.52%, 6.28% of SWEDEN's total exports and were up 59.78%, up 14.88%, down 55.92%, up 16.71%, up 27.40% comparing to the same period of last year.

During the current year until 202105, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 1073.7054 million, 775.1634 million, 448.1755 million, 206.0194 million, 181.8059 million. These values account for 24.05%, 17.37%, 10.04%, 4.62%, 4.07% of SWEDEN's total imports and were up 46.22%, up 37.72%, up 48.20%, up 17.87%, up 8.04% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat