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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202108

 1.  Overview the trade of SWEDEN in goods current year until 202108

According to Dalian Infobank, in 202108SWEDEN's exports and imports of goods amounted to 26761.1473 million, and were up 11.28% comparing with the same period of last year. Among these, exports were up 5.61% at 12588.1093 million, and imports were up 16.85% at 14173.0379 million. And the corresponding trade deficit was 1584.9286 million and up 652.99%.

During the current year until 202108, SWEDEN's total exports and imports of goods were 240461.7421 million and were up 25.92% comparing to the same period of last year. Among these, exports were 121431.5773 million and up 24.26%; imports were 119030.1648 million and up 27.67%. The total trade surplus was 2401.4124 million and down 46.50%.

If considering by country (region), GERMANY, NORWAY, INTRA-EU, NETHERLANDS, DENMARK were SWEDEN's top five trading partners. During the current year until 202108, SWEDEN's imports and exports to five countries/territories were 29853.2367 million, 24894.2832 million, 16833.9600 million, 16347.5641 million, 15383.7243 million. These values correspond to 12.41%, 10.35%, 7.00%, 6.80%, 6.40% of SWEDEN's imports and exports, and, respectively, were up 11.16%, up 33.48%, 0, up 18.24%, up 13.08% comparing to the same period of last year.

Current year until 202108, 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 202108, SWEDEN's exports to these five countries/territories were 12852.7617 million, 11322.9128 million, 9992.0861 million, 8171.8193 million, 7535.1037 million. These values correspond to 10.58%, 9.32%, 8.23%, 6.73%, 6.21% of SWEDEN's exports and, respectively, were up 26.94%, up 11.67%, up 22.55%, up 12.66%, up 9.34% comparing with the same period of last year.

Current year until 202108, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, INTRA-EU, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202108, SWEDEN's imports from these five countries/territories were 18530.3239 million, 12041.5215 million, 10768.9412 million, 9417.6000 million, 7610.4690 million. These values correspond to 15.57%, 10.12%, 9.05%, 7.91%, 6.39% of SWEDEN's total imports and, respectively, were up 10.85%, up 41.25%, up 20.51%, 0, up 28.83% comparing with the same period of last year.

During the current year until 202108, the trade surplus of SWEDEN was mainly from UNITED STATES, UNITED KINGDOM, FINLAND, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, JAPAN at 7024.8811 million, 3032.6588 million, 2974.9026 million, 1249.0806 million, 993.3278 million, and up 31.60%, up 380.56%, up 20.01%, up 51.25%, down 0.21%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, INTRA-EU, POLAND at 7207.4110 million, 5190.3184 million, 2371.3122 million, 2001.2400 million, 1009.5428 million, and up 9.59%, up 28.26%, up 2491.35%, 0, down 5.92%.

Current year until 202108, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202108,  commodities with hs2 codes, 84, 87, 85, 27, 99, were SWEDEN's top five traded commodities. They correspond to the import and export values of 32786.1057 million, 27832.0221 million, 24152.7153 million, 18108.6285 million, 16894.2823 million, which were up 16.88%, up 28.79%, up 14.53%, up 44.78%, up 10248.75% comparing with the same period of last year and account for 13.63%, 11.57%, 10.04%, 7.53%, 7.03% of SWEDEN's total imports and exports.

During the current year until 202108, 84, 87, 85, 27, 99 were SWEDEN's top five traded commodities, with total import and export values of 17653.0181 million, 15499.3600 million, 10404.3932 million, 7638.0456 million, 7430.9301 million. These values correspond to 14.54%, 12.76%, 8.57%, 6.29%, 6.12% of SWEDEN's total exports and, respectively, were up 15.76%, up 28.90%, up 11.66%, up 57.24%, up 68501.81% comparing to the same period of last year.

During the current year until 202108, 84, 85, 87, 27, 99 were SWEDEN's top five traded commodities, with total import values of 15133.0876 million, 13748.3221 million, 12332.6620 million, 10470.5829 million, 9463.3522 million. These values correspond to 12.71%, 11.55%, 10.36%, 8.80%, 7.95% of SWEDEN's total exports and, respectively, were up 18.22%, up 16.80%, up 28.65%, up 36.86%, up 6108.84% comparing to the same period of last year.


2. Current year until 202108, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202108, SWEDEN-China binational exports and imports of goods amounted to 12849.6259 million and were up 9.61% comparing with the same period of last year. Among these, exports from SWEDEN to China were 5239.1569 million and down 9.91%, imports from China to SWEDEN were 7610.4690 million and up 28.83%. The total binational trade deficit was 2371.3122 million and up 2491.35%.

During the urrent year until 202108, 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 2333.1068 million, 2259.4374 million, 1350.7471 million, 764.5198 million, 737.9041 million and makes up 18.16%, 17.58%, 10.51%, 5.95%, 5.74% of the total binational imports and exports. These values were also up 23.89%, up 36.09%, up 28.61%, up 38.46%, down 51.95% comparing to the same period last year.

During the current year until 202108, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1093.0561 million, 981.9813 million, 709.8254 million, 418.7107 million, 333.2363 million. These values account for 20.86%, 18.74%, 13.55%, 7.99%, 6.36% of SWEDEN's total exports and were up 26.46%, up 4.99%, down 53.12%, up 6.52%, up 30.43% comparing to the same period of last year.

During the current year until 202108, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 1840.7267 million, 1351.1255 million, 749.8514 million, 351.9103 million, 341.3084 million. These values account for 24.19%, 17.75%, 9.85%, 4.62%, 4.48% of SWEDEN's total imports and were up 45.26%, up 42.54%, up 38.63%, up 11.94%, up 16.01% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat