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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202205

 1.  Overview the trade of SWEDEN in goods current year until 202205

According to Dalian Infobank, in 202205SWEDEN's exports and imports of goods amounted to 32790.2848 million, and were up 3.80% comparing with the same period of last year. Among these, exports were up 1.08% at 16177.9375 million, and imports were up 6.59% at 16612.3473 million. And the corresponding trade deficit was 434.4098 million and down 203.48%.

During the current year until 202205, SWEDEN's total exports and imports of goods were 167093.7873 million and were up 10.03% comparing to the same period of last year. Among these, exports were 83406.7993 million and up 8.34%; imports were 83686.9880 million and up 11.78%. The total trade deficit was 280.1887 million and down 113.22%.

If considering by country (region), INTRA-EU, NORWAY, GERMANY, NETHERLANDS, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202205, SWEDEN's imports and exports to five countries/territories were 20417.4700 million, 18847.3031 million, 17452.6059 million, 10306.9972 million, 10295.5499 million. These values correspond to 12.22%, 11.28%, 10.44%, 6.17%, 6.16% of SWEDEN's imports and exports, and, respectively, were 0, up 20.99%, down 17.67%, down 11.96%, up 23.62% comparing to the same period of last year.

Current year until 202205, 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 202205, SWEDEN's exports to these five countries/territories were 9203.7300 million, 8871.6165 million, 7630.4783 million, 7052.9523 million, 5003.3505 million. These values correspond to 11.03%, 10.64%, 9.15%, 8.46%, 6.00% of SWEDEN's exports and, respectively, were 0, up 11.72%, up 19.05%, down 10.19%, down 14.50% comparing with the same period of last year.

Current year until 202205, SWEDEN's exports to top five countries/territories INTRA-EU, GERMANY, NORWAY, NETHERLANDS, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202205, SWEDEN's imports from these five countries/territories were 11213.7400 million, 10399.6536 million, 9975.6866 million, 6955.0949 million, 5877.9022 million. These values correspond to 13.40%, 12.43%, 11.92%, 8.31%, 7.02% of SWEDEN's total imports and, respectively, were 0, down 22.08%, up 30.61%, down 7.91%, up 31.55% comparing with the same period of last year.

During the current year until 202205, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, UNITED KINGDOM, JAPAN, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 4965.4068 million, 1378.2530 million, 1249.2279 million, 805.6670 million, 791.0593 million, and up 10.57%, down 29.61%, down 31.74%, up 33.47%, up 5.02%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, INTRA-EU, NORWAY at 3603.1926 million, 3346.7013 million, 2946.2603 million, 2010.0100 million, 1104.0700 million, and up 6.07%, down 39.08%, up 216.39%, 0, down 464.32%.

Current year until 202205, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 20436.5892 million, 19298.8158 million, 16876.3406 million, 16088.3163 million, 14769.2345 million, which were up 127037.30%, down 14.65%, up 44.13%, down 19.07%, down 8.78% comparing with the same period of last year and account for 12.23%, 11.55%, 10.10%, 9.63%, 8.84% of SWEDEN's total imports and exports.

During the current year until 202205, 84, 87, 99, 27, 85 were SWEDEN's top five traded commodities, with total import and export values of 10386.0954 million, 9371.7777 million, 9211.5452 million, 7184.3954 million, 6117.9657 million. These values correspond to 12.45%, 11.24%, 11.04%, 8.61%, 7.34% of SWEDEN's total exports and, respectively, were down 14.22%, down 14.09%, up 146599.62%, up 42.18%, down 9.57% comparing to the same period of last year.

During the current year until 202205, 99, 27, 84, 85, 87 were SWEDEN's top five traded commodities, with total import values of 11225.0440 million, 9691.9452 million, 8912.7204 million, 8651.2688 million, 6716.5386 million. These values correspond to 13.41%, 11.58%, 10.65%, 10.34%, 8.03% of SWEDEN's total exports and, respectively, were up 114496.97%, up 45.61%, down 15.14%, down 8.22%, down 25.12% comparing to the same period of last year.


2. Current year until 202205, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202205, SWEDEN-China binational exports and imports of goods amounted to 8809.5441 million and were up 10.05% comparing with the same period of last year. Among these, exports from SWEDEN to China were 2931.6419 million and down 17.11%, imports from China to SWEDEN were 5877.9022 million and up 31.55%. The total binational trade deficit was 2946.2603 million and up 216.39%.

During the urrent year until 202205, 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 1741.5544 million, 1556.1522 million, 718.2397 million, 566.0821 million, 536.1181 million and makes up 19.77%, 17.66%, 8.15%, 6.43%, 6.09% of the total binational imports and exports. These values were also up 29.54%, up 9.54%, down 23.76%, up 23.29%, up 1.12% comparing to the same period last year.

During the current year until 202205, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 526.2911 million, 511.1292 million, 500.7317 million, 246.8589 million, 231.3534 million. These values account for 17.95%, 17.43%, 17.08%, 8.42%, 7.89% of SWEDEN's total exports and were down 18.50%, down 35.09%, down 1.78%, down 7.19%, up 4.28% comparing to the same period of last year.

During the current year until 202205, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1494.6955 million, 1029.8611 million, 554.8778 million, 271.9957 million, 253.2064 million. These values account for 25.43%, 17.52%, 9.44%, 4.63%, 4.31% of SWEDEN's total imports and were up 38.60%, up 32.90%, up 23.40%, up 49.60%, up 22.90% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat