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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202203

 1.  Overview the trade of SWEDEN in goods current year until 202203

According to Dalian Infobank, in 202203SWEDEN's exports and imports of goods amounted to 35990.7778 million, and were up 7.79% comparing with the same period of last year. Among these, exports were up 7.55% at 18141.1792 million, and imports were up 8.04% at 17849.5986 million. And the corresponding trade surplus was 291.5806 million and down 15.90%.

During the current year until 202203, SWEDEN's total exports and imports of goods were 99377.2640 million and were up 11.17% comparing to the same period of last year. Among these, exports were 49854.7353 million and up 9.69%; imports were 49522.5287 million and up 12.71%. The total trade surplus was 332.2066 million and down 78.00%.

If considering by country (region), INTRA-EU, NORWAY, GERMANY, UNITED STATES, CHINA were SWEDEN's top five trading partners. During the current year until 202203, SWEDEN's imports and exports to five countries/territories were 22368.5700 million, 11019.8798 million, 8387.2527 million, 5948.6214 million, 5489.8549 million. These values correspond to 22.51%, 11.09%, 8.44%, 5.99%, 5.52% of SWEDEN's imports and exports, and, respectively, were 0, up 21.21%, down 33.31%, up 22.42%, up 16.91% comparing to the same period of last year.

Current year until 202203, SWEDEN and the top five trade partners INTRA-EU, NORWAY, UNITED STATES, GERMANY, DENMARK are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202203, SWEDEN's exports to these five countries/territories were 10357.8600 million, 5162.5124 million, 4671.0276 million, 3376.7248 million, 2326.4109 million. These values correspond to 20.78%, 10.36%, 9.37%, 6.77%, 4.67% of SWEDEN's exports and, respectively, were 0, up 12.38%, up 25.22%, down 28.09%, down 31.81% comparing with the same period of last year.

Current year until 202203, SWEDEN's exports to top five countries/territories INTRA-EU, NORWAY, GERMANY, CHINA, NETHERLANDS are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202203, SWEDEN's imports from these five countries/territories were 12010.7100 million, 5857.3675 million, 5010.5279 million, 3712.4992 million, 3246.3366 million. These values correspond to 24.25%, 11.83%, 10.12%, 7.50%, 6.56% of SWEDEN's total imports and, respectively, were 0, up 30.22%, down 36.42%, up 40.48%, down 24.59% comparing with the same period of last year.

During the current year until 202203, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, JAPAN, UNITED KINGDOM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 3393.4339 million, 608.1118 million, 529.2222 million, 527.5388 million, 514.3491 million, and up 30.45%, down 46.93%, up 59.60%, down 49.44%, up 13.18%. And the trade deficits were mainly from CHINA, NETHERLANDS, INTRA-EU, GERMANY, NORWAY at 1935.1436 million, 1718.6772 million, 1652.8500 million, 1633.8031 million, 694.8551 million, and up 228.14%, down 7.20%, 0, down 48.69%, down 827.47%.

Current year until 202203, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 99, 84, 27, 87, 85, were SWEDEN's top five traded commodities. They correspond to the import and export values of 22378.5132 million, 10110.3684 million, 8579.8251 million, 8350.1344 million, 8051.9677 million, which were up 239386.64%, down 25.19%, up 30.27%, down 30.90%, down 16.37% comparing with the same period of last year and account for 22.52%, 10.17%, 8.63%, 8.40%, 8.10% of SWEDEN's total imports and exports.

During the current year until 202203, 99, 84, 87, 27, 85 were SWEDEN's top five traded commodities, with total import and export values of 10361.6947 million, 5684.6638 million, 5122.4763 million, 3416.1870 million, 3280.6171 million. These values correspond to 20.78%, 11.40%, 10.27%, 6.85%, 6.58% of SWEDEN's total exports and, respectively, were up 306529.59%, down 21.79%, down 22.02%, up 15.98%, down 16.86% comparing to the same period of last year.

During the current year until 202203, 99, 27, 85, 84, 87 were SWEDEN's top five traded commodities, with total import values of 12016.8185 million, 5163.6381 million, 4771.3507 million, 4425.7046 million, 3227.6581 million. These values correspond to 24.27%, 10.43%, 9.63%, 8.94%, 6.52% of SWEDEN's total exports and, respectively, were up 201350.53%, up 41.84%, down 16.03%, down 29.14%, down 41.47% comparing to the same period of last year.


2. Current year until 202203, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202203, SWEDEN-China binational exports and imports of goods amounted to 5489.8549 million and were up 16.91% comparing with the same period of last year. Among these, exports from SWEDEN to China were 1777.3557 million and down 13.42%, imports from China to SWEDEN were 3712.4992 million and up 40.48%. The total binational trade deficit was 1935.1436 million and up 228.14%.

During the urrent year until 202203, 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 1120.5974 million, 939.1408 million, 461.2719 million, 365.2508 million, 266.6349 million and makes up 20.41%, 17.11%, 8.40%, 6.65%, 4.86% of the total binational imports and exports. These values were also up 50.81%, up 14.83%, down 15.80%, up 28.48%, down 2.43% comparing to the same period last year.

During the current year until 202203, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 337.5403 million, 321.6233 million, 238.1581 million, 164.8602 million, 133.6120 million. These values account for 18.99%, 18.10%, 13.40%, 9.28%, 7.52% of SWEDEN's total exports and were down 27.37%, down 13.80%, down 10.06%, up 16.17%, down 2.78% comparing to the same period of last year.

During the current year until 202203, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 955.7372 million, 617.5175 million, 357.8925 million, 169.3434 million, 159.0777 million. These values account for 25.74%, 16.63%, 9.64%, 4.56%, 4.28% of SWEDEN's total imports and were up 58.99%, up 38.85%, up 27.99%, up 61.30%, up 13.97% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat