1.  Overview the trade of SWEDEN in goods current year until 202201

According to Dalian Infobank, in 202201, SWEDEN's exports and imports of goods amounted to 29792.5884 million, and were up 10.41% comparing with the same period of last year. Among these, exports were up 7.43% at 14788.5948 million, and imports were up 13.51% at 15003.9937 million. And the corresponding trade deficit was 215.3989 million and down 139.35%.

During the current year until 202201, SWEDEN's total exports and imports of goods were 29792.5884 million and were up 10.41% comparing to the same period of last year. Among these, exports were 14788.5948 million and up 7.43%; imports were 15003.9937 million and up 13.51%. The total trade deficit was 215.3989 million and down 139.35%.

If considering by country (region), INTRA-EU, NORWAY, CHINA, UNITED STATES, RUSSIA were SWEDEN's top five trading partners. During the current year until 202201, SWEDEN's imports and exports to five countries/territories were 18441.8200 million, 3534.2711 million, 1758.3471 million, 1743.5963 million, 450.5288 million. These values correspond to 61.90%, 11.86%, 5.90%, 5.85%, 1.51% of SWEDEN's imports and exports, and, respectively, were 0, up 22.03%, up 20.68%, up 22.55%, up 47.11% comparing to the same period of last year.

Current year until 202201, SWEDEN and the top five trade partners INTRA-EU, NORWAY, UNITED STATES, CHINA, JAPAN are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202201, SWEDEN's exports to these five countries/territories were 8598.6400 million, 1672.6780 million, 1384.4950 million, 477.4852 million, 258.8656 million. These values correspond to 58.14%, 11.31%, 9.36%, 3.23%, 1.75% of SWEDEN's exports and, respectively, were 0, up 15.92%, up 24.21%, down 24.44%, up 18.41% comparing with the same period of last year.

Current year until 202201, SWEDEN's exports to top five countries/territories INTRA-EU, NORWAY, CHINA, UNITED STATES, RUSSIA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202201, SWEDEN's imports from these five countries/territories were 9843.1800 million, 1861.5932 million, 1280.8619 million, 359.1013 million, 249.6298 million. These values correspond to 65.60%, 12.41%, 8.54%, 2.39%, 1.66% of SWEDEN's total imports and, respectively, were 0, up 28.09%, up 55.24%, up 16.53%, up 115.24% comparing with the same period of last year.

During the current year until 202201, the trade surplus of SWEDEN was mainly from UNITED STATES, JAPAN, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, SINGAPORE, AUSTRALIA at 1025.3937 million, 178.5405 million, 121.2969 million, 119.5102 million, 76.3124 million, and up 27.15%, up 77.62%, up 7.90%, up 143.53%, down 16.86%. And the trade deficits were mainly from INTRA-EU, CHINA, NORWAY, VIETNAM, BANGLADESH at 1244.5400 million, 803.3767 million, 188.9152 million, 120.3987 million, 54.5404 million, and 0, up 315.98%, up 1712.92%, up 7.18%, up 50.52%.

Current year until 202201, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 99, 27, 84, 85, 87, were SWEDEN's top five traded commodities. They correspond to the import and export values of 18444.6814 million, 1655.9061 million, 1417.1361 million, 1225.2011 million, 911.6301 million, which were up 572087.85%, down 15.94%, down 64.95%, down 59.90%, down 73.76% comparing with the same period of last year and account for 61.91%, 5.56%, 4.76%, 4.11%, 3.06% of SWEDEN's total imports and exports.

During the current year until 202201, 99, 84, 30, 87, 85 were SWEDEN's top five traded commodities, with total import and export values of 8599.6438 million, 970.0834 million, 726.7558 million, 709.8555 million, 580.8794 million. These values correspond to 58.15%, 6.56%, 4.91%, 4.80%, 3.93% of SWEDEN's total exports and, respectively, were up 739158.93%, down 54.19%, down 15.19%, down 63.75%, down 54.55% comparing to the same period of last year.

During the current year until 202201, 99, 27, 85, 84, 03 were SWEDEN's top five traded commodities, with total import values of 9845.0375 million, 1160.5471 million, 644.3217 million, 447.0527 million, 394.8106 million. These values correspond to 65.62%, 7.73%, 4.29%, 2.98%, 2.63% of SWEDEN's total exports and, respectively, were up 477754.83%, up 7.74%, down 63.75%, down 76.79%, up 2.54% comparing to the same period of last year.

2. Current year until 202201, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202201, SWEDEN-China binational exports and imports of goods amounted to 1758.3471 million and were up 20.68% comparing with the same period of last year. Among these, exports from SWEDEN to China were 477.4852 million and down 24.44%, imports from China to SWEDEN were 1280.8619 million and up 55.24%. The total binational trade deficit was 803.3767 million and up 315.98%.

During the urrent year until 202201, commodities with hs2 code, 85, 84, 94, 87, 30, were binational trade's top five traded commodities. They correspond to import and export values of 364.9048 million, 278.0554 million, 142.1008 million, 120.5880 million, 72.1161 million and makes up 20.75%, 15.81%, 8.08%, 6.86%, 4.10% of the total binational imports and exports. These values were also up 54.25%, up 9.80%, up 52.88%, down 19.32%, up 2.75% comparing to the same period last year.

During the current year until 202201, 87, 84, 30, 72, 85 were the top five traded commodities exported to China from SWEDEN, with export values of 82.9810 million, 81.4222 million, 51.6343 million, 43.4800 million, 33.9438 million. These values account for 17.38%, 17.05%, 10.81%, 9.11%, 7.11% of SWEDEN's total exports and were down 34.57%, down 33.91%, down 23.34%, up 11.87%, down 8.66% comparing to the same period of last year.

During the current year until 202201, 85, 84, 94, 73, 61 were SWEDEN's top five traded commodities importing from China , with import values of 330.9610 million, 196.6332 million, 140.7911 million, 58.1763 million, 53.3941 million. These values account for 25.84%, 15.35%, 10.99%, 4.54%, 4.17% of SWEDEN's total imports and were up 65.97%, up 51.23%, up 53.89%, up 86.87%, up 26.96% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat