1. Overview the trade of SWEDEN in goods current year until 202207
According to Dalian Infobank, in 202207, SWEDEN's exports and imports of goods amounted to 27516.6465 million, and were down 3.90% comparing with the same period of last year. Among these, exports were down 6.83% at 13716.5856 million, and imports were down 0.81% at 13800.0609 million. And the corresponding trade deficit was 83.4753 million and down 110.33%.
During the current year until 202207, SWEDEN's total exports and imports of goods were 233047.2904 million and were up 8.99% comparing to the same period of last year. Among these, exports were 116364.2581 million and up 6.85%; imports were 116683.0323 million and up 11.21%. The total trade deficit was 318.7742 million and down 108.01%.
If considering by country (region), NORWAY, GERMANY, INTRA-EU, NETHERLANDS, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202207, SWEDEN's imports and exports to five countries/territories were 26660.8332 million, 26332.0261 million, 16388.1900 million, 16054.8840 million, 14315.5416 million. These values correspond to 11.44%, 11.30%, 7.03%, 6.89%, 6.14% of SWEDEN's imports and exports, and, respectively, were up 22.14%, down 11.54%, 0, down 1.85%, up 21.07% comparing to the same period of last year.
Current year until 202207, SWEDEN and the top five trade partners NORWAY, UNITED STATES, GERMANY, INTRA-EU, DENMARK are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202207, SWEDEN's exports to these five countries/territories were 12399.6989 million, 10606.9561 million, 10443.7593 million, 7736.0400 million, 7599.9932 million. These values correspond to 10.66%, 9.12%, 8.98%, 6.65%, 6.53% of SWEDEN's exports and, respectively, were up 10.12%, up 16.35%, down 7.54%, 0, down 7.10% comparing with the same period of last year.
Current year until 202207, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, INTRA-EU, CHINA are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202207, SWEDEN's imports from these five countries/territories were 15888.2668 million, 14261.1343 million, 10835.7821 million, 8652.1500 million, 7958.4391 million. These values correspond to 13.62%, 12.22%, 9.29%, 7.42%, 6.82% of SWEDEN's total imports and, respectively, were down 13.99%, up 34.94%, up 1.05%, 0, up 23.69% comparing with the same period of last year.
During the current year until 202207, 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 6898.3705 million, 2265.3804 million, 1675.3320 million, 1075.7864 million, 1055.4720 million, and up 7.66%, down 23.88%, down 44.21%, down 7.59%, up 20.73%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, NORWAY, INTRA-EU at 5616.6801 million, 5444.5075 million, 3787.6802 million, 1861.4355 million, 916.1100 million, and up 10.40%, down 24.15%, up 134.00%, down 369.22%, 0.
Current year until 202207, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202207, commodities with hs2 codes, 84, 27, 87, 85, 99, were SWEDEN's top five traded commodities. They correspond to the import and export values of 28132.5751 million, 27025.5666 million, 23781.5096 million, 21257.5561 million, 16419.2947 million, which were down 10.56%, up 60.87%, down 12.62%, down 7.73%, up 54366.03% comparing with the same period of last year and account for 12.07%, 11.60%, 10.20%, 9.12%, 7.05% of SWEDEN's total imports and exports.
During the current year until 202207, 84, 87, 27, 85, 99 were SWEDEN's top five traded commodities, with total import and export values of 14979.8208 million, 13507.8470 million, 11586.6340 million, 8865.3069 million, 7750.5904 million. These values correspond to 12.87%, 11.61%, 9.96%, 7.62%, 6.66% of SWEDEN's total exports and, respectively, were down 10.73%, down 10.10%, up 59.88%, down 10.01%, up 62615.66% comparing to the same period of last year.
During the current year until 202207, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 15438.9327 million, 13152.7543 million, 12392.2492 million, 10273.6625 million, 8668.7044 million. These values correspond to 13.23%, 11.27%, 10.62%, 8.80%, 7.43% of SWEDEN's total exports and, respectively, were up 61.62%, down 10.37%, down 6.03%, down 15.73%, up 48634.43% comparing to the same period of last year.
2. Current year until 202207, SWEDEN binational trade profile
According to Dalian Infobank, during the current year until 202207, SWEDEN-China binational exports and imports of goods amounted to 12129.1981 million and were up 7.82% comparing with the same period of last year. Among these, exports from SWEDEN to China were 4170.7590 million and down 13.39%, imports from China to SWEDEN were 7958.4391 million and up 23.69%. The total binational trade deficit was 3787.6802 million and up 134.00%.
During the urrent year until 202207, 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 2345.9827 million, 2081.2948 million, 1060.5781 million, 746.9725 million, 739.9125 million and makes up 19.34%, 17.16%, 8.74%, 6.16%, 6.10% of the total binational imports and exports. These values were also up 21.71%, up 0.76%, down 14.99%, up 11.11%, up 13.98% comparing to the same period last year.
During the current year until 202207, 87, 84, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 752.7586 million, 732.1218 million, 707.1179 million, 361.7595 million, 326.3475 million. These values account for 18.05%, 17.55%, 16.95%, 8.67%, 7.82% of SWEDEN's total exports and were down 26.62%, down 20.12%, up 9.40%, down 4.36%, up 7.51% comparing to the same period of last year.
During the current year until 202207, 85, 84, 94, 73, 62 were SWEDEN's top five traded commodities importing from China , with import values of 1984.2233 million, 1349.1730 million, 727.0615 million, 353.9023 million, 352.7285 million. These values account for 24.93%, 16.95%, 9.14%, 4.45%, 4.43% of SWEDEN's total imports and were up 28.08%, up 17.40%, up 14.41%, up 19.18%, up 23.93% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat