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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202107

 1.  Overview the trade of SWEDEN in goods current year until 202107

According to Dalian Infobank, in 202107SWEDEN's exports and imports of goods amounted to 27519.1305 million, and were up 21.67% comparing with the same period of last year. Among these, exports were up 19.38% at 13751.3147 million, and imports were up 24.05% at 13767.8157 million. And the corresponding trade deficit was 16.5010 million and down 103.93%.

During the current year until 202107, SWEDEN's total exports and imports of goods were 212423.0809 million and were up 27.27% comparing to the same period of last year. Among these, exports were 107849.3437 million and up 25.69%; imports were 104573.7372 million and up 28.93%. The total trade surplus was 3275.6065 million and down 30.29%.

If considering by country (region), GERMANY, NORWAY, INTRA-EU, NETHERLANDS, DENMARK were SWEDEN's top five trading partners. During the current year until 202107, SWEDEN's imports and exports to five countries/territories were 25944.0156 million, 21809.0565 million, 17141.9000 million, 14204.3664 million, 13324.0051 million. These values correspond to 12.21%, 10.27%, 8.07%, 6.69%, 6.27% of SWEDEN's imports and exports, and, respectively, were up 10.96%, up 33.97%, 0, up 18.18%, up 13.50% comparing to the same period of last year.

Current year until 202107, SWEDEN and the top five trade partners NORWAY, GERMANY, UNITED STATES, INTRA-EU, DENMARK are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202107, SWEDEN's exports to these five countries/territories were 11275.9423 million, 9739.7876 million, 9069.9699 million, 7684.3000 million, 7095.2882 million. These values correspond to 10.46%, 9.03%, 8.41%, 7.13%, 6.58% of SWEDEN's exports and, respectively, were up 28.40%, up 9.90%, up 24.19%, 0, up 13.47% comparing with the same period of last year.

Current year until 202107, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, INTRA-EU, NETHERLANDS, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202107, SWEDEN's imports from these five countries/territories were 16204.2280 million, 10533.1143 million, 9457.6000 million, 9244.2615 million, 6424.6318 million. These values correspond to 15.50%, 10.07%, 9.04%, 8.84%, 6.14% of SWEDEN's total imports and, respectively, were up 11.60%, up 40.50%, 0, up 18.87%, up 26.73% comparing with the same period of last year.

During the current year until 202107, 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, JAPAN at 6488.6753 million, 2459.3865 million, 2424.6331 million, 1167.4125 million, 887.3274 million, and up 33.85%, up 14.10%, up 346.91%, up 80.21%, down 7.13%. And the trade deficits were mainly from GERMANY, NETHERLANDS, INTRA-EU, CHINA, POLAND at 6464.4404 million, 4284.1566 million, 1773.3000 million, 1609.0195 million, 883.7083 million, and up 14.25%, up 21.20%, 0, down 1161.10%, down 4.10%.

Current year until 202107, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202107,  commodities with hs2 codes, 84, 87, 85, 99, 27, were SWEDEN's top five traded commodities. They correspond to the import and export values of 29079.2501 million, 24961.2877 million, 20827.0333 million, 17171.0405 million, 15352.3905 million, which were up 17.74%, up 33.74%, up 13.90%, up 11611.75%, up 40.24% comparing with the same period of last year and account for 13.69%, 11.75%, 9.80%, 8.08%, 7.23% of SWEDEN's total imports and exports.

During the current year until 202107, 84, 87, 85, 99, 27 were SWEDEN's top five traded commodities, with total import and export values of 15836.6898 million, 14075.2829 million, 9001.1632 million, 7695.9929 million, 6468.6508 million. These values correspond to 14.68%, 13.05%, 8.35%, 7.14%, 6.00% of SWEDEN's total exports and, respectively, were up 17.33%, up 36.14%, up 10.89%, up 79732.47%, up 53.93% comparing to the same period of last year.

During the current year until 202107, 84, 85, 87, 99, 27 were SWEDEN's top five traded commodities, with total import values of 13242.5603 million, 11825.8701 million, 10886.0048 million, 9475.0476 million, 8883.7397 million. These values correspond to 12.66%, 11.31%, 10.41%, 9.06%, 8.50% of SWEDEN's total exports and, respectively, were up 18.22%, up 16.30%, up 30.77%, up 6817.43%, up 31.71% comparing to the same period of last year.


2. Current year until 202107, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202107, SWEDEN-China binational exports and imports of goods amounted to 11240.2442 million and were up 9.23% comparing with the same period of last year. Among these, exports from SWEDEN to China were 4815.6124 million and down 7.77%, imports from China to SWEDEN were 6424.6318 million and up 26.73%. The total binational trade deficit was 1609.0195 million and down 1161.10%.

During the urrent year until 202107, 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 2065.0110 million, 1918.0931 million, 1246.1615 million, 672.3086 million, 648.0064 million and makes up 18.37%, 17.06%, 11.09%, 5.98%, 5.77% of the total binational imports and exports. These values were also up 25.39%, up 33.58%, up 35.26%, down 55.08%, up 36.81% comparing to the same period last year.

During the current year until 202107, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1025.8726 million, 916.6378 million, 646.3416 million, 378.4137 million, 303.6837 million. These values account for 21.30%, 19.03%, 13.42%, 7.86%, 6.31% of SWEDEN's total exports and were up 35.53%, up 9.37%, down 56.26%, up 7.48%, up 28.15% comparing to the same period of last year.

During the current year until 202107, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1539.6795 million, 1148.3732 million, 634.3401 million, 296.2669 million, 284.8849 million. These values account for 23.97%, 17.87%, 9.87%, 4.61%, 4.43% of SWEDEN's total imports and were up 42.06%, up 41.98%, up 36.91%, up 14.41%, up 13.95% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat