1. Overview the trade of SWEDEN in goods current year until 202204
According to Dalian Infobank, in 202204, SWEDEN's exports and imports of goods amounted to 31243.0606 million, and were up 1.18% comparing with the same period of last year. Among these, exports were down 1.37% at 15321.7652 million, and imports were up 3.76% at 15921.2955 million. And the corresponding trade deficit was 599.5303 million and down 415.89%.
During the current year until 202204, SWEDEN's total exports and imports of goods were 132473.8407 million and were up 10.15% comparing to the same period of last year. Among these, exports were 66187.2862 million and up 8.53%; imports were 66286.5545 million and up 11.81%. The total trade deficit was 99.2683 million and down 105.84%.
If considering by country (region), INTRA-EU, NORWAY, GERMANY, UNITED STATES, NETHERLANDS were SWEDEN's top five trading partners. During the current year until 202204, SWEDEN's imports and exports to five countries/territories were 19149.6300 million, 15037.8792 million, 13261.9248 million, 8027.4443 million, 7665.4025 million. These values correspond to 14.46%, 11.35%, 10.01%, 6.06%, 5.79% of SWEDEN's imports and exports, and, respectively, were 0, up 21.92%, down 21.52%, up 21.79%, down 17.01% comparing to the same period of last year.
Current year until 202204, 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 202204, SWEDEN's exports to these five countries/territories were 8871.5800 million, 7000.2656 million, 6041.6600 million, 5357.2073 million, 3809.3697 million. These values correspond to 13.40%, 10.58%, 9.13%, 8.09%, 5.76% of SWEDEN's exports and, respectively, were 0, up 11.80%, up 19.29%, down 14.43%, down 17.49% comparing with the same period of last year.
Current year until 202204, SWEDEN's exports to top five countries/territories INTRA-EU, NORWAY, GERMANY, NETHERLANDS, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202204, SWEDEN's imports from these five countries/territories were 10278.0500 million, 8037.6136 million, 7904.7176 million, 5186.7402 million, 4748.3564 million. These values correspond to 15.51%, 12.13%, 11.93%, 7.82%, 7.16% of SWEDEN's total imports and, respectively, were 0, up 32.34%, down 25.69%, down 12.65%, up 34.95% comparing with the same period of last year.
During the current year until 202204, 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 4055.8757 million, 967.2309 million, 775.0334 million, 675.7321 million, 651.2494 million, and up 14.62%, down 35.06%, down 41.23%, up 5.68%, up 29.71%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, INTRA-EU, NORWAY at 2708.0779 million, 2547.5103 million, 2519.6613 million, 1406.4700 million, 1037.3480 million, and up 2.64%, down 41.80%, up 263.33%, 0, down 651.70%.
Current year until 202204, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202204, 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 19163.0194 million, 14846.6000 million, 13192.6078 million, 12461.8998 million, 11499.4327 million, which were up 152065.18%, down 17.40%, up 45.41%, down 22.44%, down 10.49% comparing with the same period of last year and account for 14.47%, 11.21%, 9.96%, 9.41%, 8.68% of SWEDEN's total imports and exports.
During the current year until 202204, 99, 84, 87, 27, 85 were SWEDEN's top five traded commodities, with total import and export values of 8877.0739 million, 8093.0011 million, 7295.8301 million, 5436.8562 million, 4700.5800 million. These values correspond to 13.41%, 12.23%, 11.02%, 8.21%, 7.10% of SWEDEN's total exports and, respectively, were up 180378.77%, down 15.85%, down 17.21%, up 39.38%, down 11.02% comparing to the same period of last year.
During the current year until 202204, 99, 27, 85, 84, 87 were SWEDEN's top five traded commodities, with total import values of 10285.9455 million, 7755.7516 million, 6798.8527 million, 6753.5989 million, 5166.0698 million. These values correspond to 15.52%, 11.70%, 10.26%, 10.19%, 7.79% of SWEDEN's total exports and, respectively, were up 133919.90%, up 49.96%, down 10.12%, down 19.19%, down 28.79% comparing to the same period of last year.
2. Current year until 202204, SWEDEN binational trade profile
According to Dalian Infobank, during the current year until 202204, SWEDEN-China binational exports and imports of goods amounted to 6977.0515 million and were up 9.99% comparing with the same period of last year. Among these, exports from SWEDEN to China were 2228.6951 million and down 21.11%, imports from China to SWEDEN were 4748.3564 million and up 34.95%. The total binational trade deficit was 2519.6613 million and up 263.33%.
During the urrent year until 202204, 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 1396.2365 million, 1224.0944 million, 568.9260 million, 463.5032 million, 320.3024 million and makes up 20.01%, 17.54%, 8.15%, 6.64%, 4.59% of the total binational imports and exports. These values were also up 40.82%, up 10.67%, down 24.98%, up 25.56%, down 24.57% comparing to the same period last year.
During the current year until 202204, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 407.5082 million, 405.6215 million, 288.5433 million, 201.3768 million, 183.8331 million. These values account for 18.28%, 18.20%, 12.95%, 9.04%, 8.25% of SWEDEN's total exports and were down 18.82%, down 36.70%, down 30.08%, up 4.87%, up 0.85% comparing to the same period of last year.
During the current year until 202204, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1194.8597 million, 816.5862 million, 453.2160 million, 218.2923 million, 209.6511 million. These values account for 25.16%, 17.20%, 9.54%, 4.60%, 4.42% of SWEDEN's total imports and were up 49.45%, up 35.16%, up 25.43%, up 52.56%, up 18.08% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat