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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202112

 1.  Overview the trade of SWEDEN in goods current year until 202112

According to Dalian Infobank, in 202112SWEDEN's exports and imports of goods amounted to 31586.5295 million, and were up 10.97% comparing with the same period of last year. Among these, exports were up 6.80% at 15285.1344 million, and imports were up 15.19% at 16301.3951 million. And the corresponding trade deficit was 1016.2607 million and down 734.85%.

During the current year until 202112, SWEDEN's total exports and imports of goods were 374965.5949 million and were up 22.75% comparing to the same period of last year. Among these, exports were 188884.8718 million and up 21.47%; imports were 186080.7231 million and up 24.07%. The total trade surplus was 2804.1488 million and down 49.12%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, CHINA were SWEDEN's top five trading partners. During the current year until 202112, SWEDEN's imports and exports to five countries/territories were 47044.4257 million, 39295.6648 million, 25944.5686 million, 25103.0144 million, 20533.9143 million. These values correspond to 12.55%, 10.48%, 6.92%, 6.69%, 5.48% of SWEDEN's imports and exports, and, respectively, were up 8.56%, up 31.17%, up 14.21%, up 14.70%, up 16.21% comparing to the same period of last year.

Current year until 202112, 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 202112, SWEDEN's exports to these five countries/territories were 20330.7525 million, 17957.6410 million, 15276.8049 million, 13324.1481 million, 12254.7473 million. These values correspond to 10.76%, 9.51%, 8.09%, 7.05%, 6.49% of SWEDEN's exports and, respectively, were up 23.73%, up 11.06%, up 20.85%, up 13.56%, up 12.71% comparing with the same period of last year.

Current year until 202112, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, CHINA, DENMARK are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202112, SWEDEN's imports from these five countries/territories were 29086.7847 million, 18964.9123 million, 17177.4017 million, 12698.9048 million, 11778.8663 million. These values correspond to 15.63%, 10.19%, 9.23%, 6.82%, 6.33% of SWEDEN's total imports and, respectively, were up 7.08%, up 40.21%, up 16.46%, up 37.13%, up 16.01% comparing with the same period of last year.

During the current year until 202112, 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 10253.0945 million, 4646.2506 million, 4402.1254 million, 2001.2451 million, 1554.3720 million, and up 21.84%, up 20.16%, up 188.92%, up 43.27%, up 8.05%. And the trade deficits were mainly from GERMANY, NETHERLANDS, CHINA, INTRA-EU, POLAND at 11129.1438 million, 8410.2349 million, 4863.8953 million, 2486.8800 million, 1506.9942 million, and up 1.23%, up 23.97%, up 471.42%, 0, down 20.93%.

Current year until 202112, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202112,  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 51171.3973 million, 41967.0704 million, 39127.2798 million, 30130.0063 million, 19750.6404 million, which were up 13.89%, up 9.80%, up 10.05%, up 57.55%, up 10411.07% comparing with the same period of last year and account for 13.65%, 11.19%, 10.43%, 8.04%, 5.27% of SWEDEN's total imports and exports.

During the current year until 202112, 84, 87, 85, 27, 30 were SWEDEN's top five traded commodities, with total import and export values of 27443.2540 million, 23651.2853 million, 16648.1422 million, 12824.0216 million, 10810.1959 million. These values correspond to 14.53%, 12.52%, 8.81%, 6.79%, 5.72% of SWEDEN's total exports and, respectively, were up 12.31%, up 11.47%, up 7.71%, up 69.96%, down 6.95% comparing to the same period of last year.

During the current year until 202112, 84, 85, 87, 27, 99 were SWEDEN's top five traded commodities, with total import values of 23728.1433 million, 22479.1376 million, 18315.7851 million, 17305.9847 million, 11135.0052 million. These values correspond to 12.75%, 12.08%, 9.84%, 9.30%, 5.98% of SWEDEN's total exports and, respectively, were up 15.78%, up 11.85%, up 7.73%, up 49.46%, up 6434.25% comparing to the same period of last year.


2. Current year until 202112, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202112, SWEDEN-China binational exports and imports of goods amounted to 20533.9143 million and were up 16.21% comparing with the same period of last year. Among these, exports from SWEDEN to China were 7835.0095 million and down 6.83%, imports from China to SWEDEN were 12698.9048 million and up 37.13%. The total binational trade deficit was 4863.8953 million and up 471.42%.

During the urrent year until 202112, commodities with hs2 code, 85, 84, 87, 94, 30, were binational trade's top five traded commodities. They correspond to import and export values of 3849.0171 million, 3754.8709 million, 1974.5662 million, 1224.7990 million, 1091.4376 million and makes up 18.74%, 18.29%, 9.62%, 5.96%, 5.32% of the total binational imports and exports. These values were also up 37.49%, up 28.55%, up 12.97%, up 41.35%, down 40.69% comparing to the same period last year.

During the current year until 202112, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1565.9298 million, 1494.4051 million, 1035.6906 million, 681.9108 million, 499.5889 million. These values account for 19.99%, 19.07%, 13.22%, 8.70%, 6.38% of SWEDEN's total exports and were up 7.15%, up 4.50%, down 42.79%, up 5.27%, up 29.54% comparing to the same period of last year.

During the current year until 202112, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 3167.1063 million, 2260.4658 million, 1199.4922 million, 624.7088 million, 560.3884 million. These values account for 24.94%, 17.80%, 9.45%, 4.92%, 4.41% of SWEDEN's total imports and were up 47.19%, up 51.61%, up 42.25%, up 20.03%, up 32.65% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat