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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202206

 1.  Overview the trade of SWEDEN in goods current year until 202206

According to Dalian Infobank, in 202206SWEDEN's exports and imports of goods amounted to 34551.6869 million, and were up 3.67% comparing with the same period of last year. Among these, exports were up 0.19% at 17222.3250 million, and imports were up 7.39% at 17329.3620 million. And the corresponding trade deficit was 107.0370 million and down 110.16%.

During the current year until 202206, SWEDEN's total exports and imports of goods were 203808.2422 million and were up 10.06% comparing to the same period of last year. Among these, exports were 101723.8871 million and up 8.01%; imports were 102084.3551 million and up 12.17%. The total trade deficit was 360.4680 million and down 111.36%.

If considering by country (region), NORWAY, GERMANY, INTRA-EU, NETHERLANDS, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202206, SWEDEN's imports and exports to five countries/territories were 23156.4267 million, 21788.3693 million, 21765.9600 million, 12962.2352 million, 12516.3684 million. These values correspond to 11.36%, 10.69%, 10.68%, 6.36%, 6.14% of SWEDEN's imports and exports, and, respectively, were up 22.18%, down 15.83%, 0, down 9.01%, up 21.22% comparing to the same period of last year.

Current year until 202206, SWEDEN and the top five trade partners NORWAY, INTRA-EU, 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 202206, SWEDEN's exports to these five countries/territories were 10939.2264 million, 9932.0400 million, 9300.7956 million, 8694.3876 million, 6295.6190 million. These values correspond to 10.75%, 9.76%, 9.14%, 8.55%, 6.19% of SWEDEN's exports and, respectively, were up 11.61%, 0, up 17.94%, down 10.56%, down 11.44% comparing with the same period of last year.

Current year until 202206, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, INTRA-EU, NETHERLANDS, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202206, SWEDEN's imports from these five countries/territories were 13093.9817 million, 12217.2003 million, 11833.9200 million, 8804.7594 million, 6978.9175 million. These values correspond to 12.83%, 11.97%, 11.59%, 8.62%, 6.84% of SWEDEN's total imports and, respectively, were down 19.00%, up 33.50%, 0, down 4.67%, up 27.66% comparing with the same period of last year.

During the current year until 202206, 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 6085.2227 million, 1792.3002 million, 1327.0817 million, 952.5209 million, 919.7226 million, and up 11.74%, down 26.88%, down 44.98%, down 7.38%, up 33.49%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, INTRA-EU, NORWAY at 4647.2836 million, 4399.5941 million, 3342.1006 million, 1901.8800 million, 1277.9740 million, and up 9.96%, down 31.73%, up 174.24%, 0, down 296.72%.

Current year until 202206, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202206,  commodities with hs2 codes, 84, 99, 27, 87, 85, were SWEDEN's top five traded commodities. They correspond to the import and export values of 23698.4015 million, 21790.6987 million, 21624.2994 million, 19919.7795 million, 18041.3135 million, which were down 14.11%, up 95808.86%, up 52.02%, down 17.30%, down 8.78% comparing with the same period of last year and account for 11.63%, 10.69%, 10.61%, 9.77%, 8.85% of SWEDEN's total imports and exports.

During the current year until 202206, 84, 87, 99, 27, 85 were SWEDEN's top five traded commodities, with total import and export values of 12708.7297 million, 11432.0364 million, 9942.3403 million, 9218.0618 million, 7527.9639 million. These values correspond to 12.49%, 11.24%, 9.77%, 9.06%, 7.40% of SWEDEN's total exports and, respectively, were down 13.88%, down 13.95%, up 109542.66%, up 51.40%, down 10.11% comparing to the same period of last year.

During the current year until 202206, 27, 99, 84, 85, 87 were SWEDEN's top five traded commodities, with total import values of 12406.2377 million, 11848.3584 million, 10989.6718 million, 10513.3496 million, 8487.7432 million. These values correspond to 12.15%, 11.61%, 10.77%, 10.30%, 8.31% of SWEDEN's total exports and, respectively, were up 52.49%, up 86686.76%, down 14.37%, down 7.81%, down 21.41% comparing to the same period of last year.


2. Current year until 202206, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202206, SWEDEN-China binational exports and imports of goods amounted to 10615.7344 million and were up 9.27% comparing with the same period of last year. Among these, exports from SWEDEN to China were 3636.8169 million and down 14.39%, imports from China to SWEDEN were 6978.9175 million and up 27.66%. The total binational trade deficit was 3342.1006 million and up 174.24%.

During the urrent year until 202206, commodities with hs2 code, 85, 84, 87, 30, 94, were binational trade's top five traded commodities. They correspond to import and export values of 2075.5479 million, 1858.8480 million, 928.4071 million, 679.5452 million, 653.8127 million and makes up 19.55%, 17.51%, 8.75%, 6.40%, 6.16% of the total binational imports and exports. These values were also up 24.86%, up 4.52%, down 18.47%, up 12.98%, up 17.31% comparing to the same period last year.

During the current year until 202206, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 655.4984 million, 643.0107 million, 641.8823 million, 306.6824 million, 279.8341 million. These values account for 18.02%, 17.68%, 17.65%, 8.43%, 7.69% of SWEDEN's total exports and were down 31.25%, down 19.85%, up 11.07%, down 7.33%, up 2.94% comparing to the same period of last year.

During the current year until 202206, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1768.8654 million, 1215.8373 million, 641.7133 million, 319.3241 million, 298.0403 million. These values account for 25.35%, 17.42%, 9.20%, 4.58%, 4.27% of SWEDEN's total imports and were up 32.86%, up 24.55%, up 17.64%, up 38.24%, up 24.25% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat