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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202110

 1.  Overview the trade of SWEDEN in goods current year until 202110

According to Dalian Infobank, in 202110SWEDEN's exports and imports of goods amounted to 32181.6122 million, and were up 12.22% comparing with the same period of last year. Among these, exports were up 9.79% at 15998.2645 million, and imports were up 14.73% at 16183.3477 million. And the corresponding trade deficit was 185.0832 million and down 139.68%.

During the current year until 202110, SWEDEN's total exports and imports of goods were 306926.6888 million and were up 23.97% comparing to the same period of last year. Among these, exports were 155183.4887 million and up 22.82%; imports were 151743.2000 million and up 25.18%. The total trade surplus was 3440.2887 million and down 32.91%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, INTRA-EU, DENMARK were SWEDEN's top five trading partners. During the current year until 202110, SWEDEN's imports and exports to five countries/territories were 37889.4209 million, 31928.4949 million, 20884.7408 million, 20185.7400 million, 19984.0683 million. These values correspond to 12.34%, 10.40%, 6.80%, 6.58%, 6.51% of SWEDEN's imports and exports, and, respectively, were up 8.31%, up 32.21%, up 15.69%, 0, up 13.31% comparing to the same period of last year.

Current year until 202110, 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 202110, SWEDEN's exports to these five countries/territories were 16464.0171 million, 14410.6494 million, 12613.2014 million, 10560.6554 million, 9872.5701 million. These values correspond to 10.61%, 9.29%, 8.13%, 6.81%, 6.36% of SWEDEN's exports and, respectively, were up 24.60%, up 9.65%, up 20.93%, up 12.08%, up 10.99% comparing with the same period of last year.

Current year until 202110, 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 202110, SWEDEN's imports from these five countries/territories were 23478.7715 million, 15464.4779 million, 13793.9602 million, 10904.9400 million, 10100.0691 million. These values correspond to 15.47%, 10.19%, 9.09%, 7.19%, 6.66% of SWEDEN's total imports and, respectively, were up 7.51%, up 41.41%, up 18.56%, 0, up 31.84% comparing with the same period of last year.

During the current year until 202110, 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 8598.4905 million, 3873.8271 million, 3834.5044 million, 1631.0201 million, 1304.0526 million, and up 24.61%, up 21.38%, up 251.57%, up 51.50%, up 12.35%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, INTRA-EU, POLAND at 9068.1221 million, 6703.1797 million, 3623.0239 million, 1624.1400 million, 1188.0228 million, and up 4.27%, up 28.45%, up 650.11%, 0, down 17.10%.

Current year until 202110, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 41598.1545 million, 34146.7003 million, 31063.8147 million, 23906.1244 million, 20259.3750 million, which were up 14.34%, up 14.21%, up 11.13%, up 53.81%, up 11124.21% comparing with the same period of last year and account for 13.55%, 11.13%, 10.12%, 7.79%, 6.60% of SWEDEN's total imports and exports.

During the current year until 202110, 84, 87, 85, 27, 99 were SWEDEN's top five traded commodities, with total import and export values of 22388.7928 million, 19239.7282 million, 13388.6884 million, 10009.6130 million, 9301.3947 million. These values correspond to 14.43%, 12.40%, 8.63%, 6.45%, 5.99% of SWEDEN's total exports and, respectively, were up 13.18%, up 15.53%, up 8.77%, up 62.59%, up 62619.98% comparing to the same period of last year.

During the current year until 202110, 84, 85, 87, 27, 99 were SWEDEN's top five traded commodities, with total import values of 19209.3617 million, 17675.1262 million, 14906.9721 million, 13896.5114 million, 10957.9804 million. These values correspond to 12.66%, 11.65%, 9.82%, 9.16%, 7.22% of SWEDEN's total exports and, respectively, were up 15.72%, up 12.99%, up 12.56%, up 48.06%, up 6514.46% comparing to the same period of last year.


2. Current year until 202110, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202110, SWEDEN-China binational exports and imports of goods amounted to 16577.1144 million and were up 11.72% comparing with the same period of last year. Among these, exports from SWEDEN to China were 6477.0453 million and down 9.76%, imports from China to SWEDEN were 10100.0691 million and up 31.84%. The total binational trade deficit was 3623.0239 million and up 650.11%.

During the urrent year until 202110, 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 3035.1668 million, 3013.8660 million, 1651.1121 million, 991.4230 million, 861.3054 million and makes up 18.31%, 18.18%, 9.96%, 5.98%, 5.20% of the total binational imports and exports. These values were also up 25.08%, up 35.99%, up 19.43%, up 39.18%, down 49.86% comparing to the same period last year.

During the current year until 202110, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1322.0148 million, 1245.4213 million, 827.5747 million, 539.3024 million, 416.5385 million. These values account for 20.41%, 19.23%, 12.78%, 8.33%, 6.43% of SWEDEN's total exports and were up 15.85%, up 4.66%, down 51.10%, up 3.41%, up 30.67% comparing to the same period of last year.

During the current year until 202110, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 2474.5636 million, 1789.7455 million, 971.6078 million, 504.3990 million, 447.1228 million. These values account for 24.50%, 17.72%, 9.62%, 4.99%, 4.43% of SWEDEN's total imports and were up 46.01%, up 44.73%, up 39.78%, up 13.32%, up 27.94% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat