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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202106

 1.  Overview the trade of SWEDEN in goods current year until 202106

According to Dalian Infobank, in 202106SWEDEN's exports and imports of goods amounted to 33160.2821 million, and were up 32.07% comparing with the same period of last year. Among these, exports were up 33.63% at 17148.2103 million, and imports were up 30.43% at 16012.0718 million. And the corresponding trade surplus was 1136.1385 million and up 104.11%.

During the current year until 202106, SWEDEN's total exports and imports of goods were 184700.5330 million and were up 28.00% comparing to the same period of last year. Among these, exports were 94059.0501 million and up 26.62%; imports were 90641.4829 million and up 29.47%. The total trade surplus was 3417.5673 million and down 20.13%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, FINLAND were SWEDEN's top five trading partners. During the current year until 202106, SWEDEN's imports and exports to five countries/territories were 25919.7621 million, 18897.7826 million, 14191.8356 million, 13306.0508 million, 10422.9129 million. These values correspond to 14.03%, 10.23%, 7.68%, 7.20%, 5.64% of SWEDEN's imports and exports, and, respectively, were up 27.41%, up 33.72%, up 36.66%, up 31.63%, up 24.36% comparing to the same period of last year.

Current year until 202106, 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 202106, SWEDEN's exports to these five countries/territories were 9811.5472 million, 9734.1239 million, 7838.6980 million, 7085.4332 million, 6433.2633 million. These values correspond to 10.43%, 10.35%, 8.33%, 7.53%, 6.84% of SWEDEN's exports and, respectively, were up 29.29%, up 24.87%, up 25.17%, up 32.15%, up 26.36% comparing with the same period of last year.

Current year until 202106, 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 202106, SWEDEN's imports from these five countries/territories were 16185.6382 million, 9234.7136 million, 9086.2355 million, 6220.6176 million, 5458.7586 million. These values correspond to 17.86%, 10.19%, 10.02%, 6.86%, 6.02% of SWEDEN's total imports and, respectively, were up 28.99%, up 37.67%, up 38.86%, up 31.04%, up 29.51% comparing with the same period of last year.

During the current year until 202106, 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 5501.6887 million, 2443.6137 million, 2423.1175 million, 1032.0293 million, 864.8156 million, and up 34.38%, up 35.70%, up 399.59%, up 76.36%, up 40.75%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, POLAND, CZECH REPUBLIC at 6451.5143 million, 4277.5917 million, 1210.2879 million, 797.6001 million, 727.8483 million, and up 35.76%, up 41.15%, down 690.71%, down 5.65%, up 30.53%.

Current year until 202106, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 27630.7045 million, 23992.4558 million, 19722.1922 million, 14105.8942 million, 8750.2657 million, which were up 28.56%, up 50.70%, up 26.69%, up 47.01%, down 10.14% comparing with the same period of last year and account for 14.96%, 12.99%, 10.68%, 7.64%, 4.74% of SWEDEN's total imports and exports.

During the current year until 202106, 84, 87, 85, 27, 30 were SWEDEN's top five traded commodities, with total import and export values of 14779.0862 million, 13270.3429 million, 8384.7669 million, 6095.5599 million, 5683.2257 million. These values correspond to 15.71%, 14.11%, 8.91%, 6.48%, 6.04% of SWEDEN's total exports and, respectively, were up 26.10%, up 49.32%, up 22.04%, up 65.56%, down 18.70% comparing to the same period of last year.

During the current year until 202106, 84, 85, 87, 27, 39 were SWEDEN's top five traded commodities, with total import values of 12851.6183 million, 11337.4252 million, 10722.1129 million, 8010.3342 million, 3562.6232 million. These values correspond to 14.18%, 12.51%, 11.83%, 8.84%, 3.93% of SWEDEN's total exports and, respectively, were up 31.51%, up 30.36%, up 52.45%, up 35.46%, up 27.90% comparing to the same period of last year.


2. Current year until 202106, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202106, SWEDEN-China binational exports and imports of goods amounted to 9707.2293 million and were up 12.42% comparing with the same period of last year. Among these, exports from SWEDEN to China were 4248.4707 million and down 3.87%, imports from China to SWEDEN were 5458.7586 million and up 29.51%. The total binational trade deficit was 1210.2879 million and down 690.71%.

During the urrent year until 202106, 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 1777.6684 million, 1654.9914 million, 1137.8080 million, 601.4577 million, 555.9431 million and makes up 18.31%, 17.05%, 11.72%, 6.20%, 5.73% of the total binational imports and exports. These values were also up 28.55%, up 38.18%, up 50.37%, down 55.56%, up 45.04% comparing to the same period last year.

During the current year until 202106, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 953.4866 million, 802.2779 million, 577.9166 million, 331.0763 million, 271.9892 million. These values account for 22.44%, 18.88%, 13.60%, 7.79%, 6.40% of SWEDEN's total exports and were up 52.63%, up 15.24%, down 56.81%, up 13.17%, up 35.62% comparing to the same period of last year.

During the current year until 202106, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 1323.9151 million, 975.3905 million, 544.0544 million, 239.9207 million, 230.6592 million. These values account for 24.25%, 17.87%, 9.97%, 4.40%, 4.23% of SWEDEN's total imports and were up 46.26%, up 42.05%, up 45.04%, up 18.03%, up 6.15% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat