1.  Overview the trade of SWEDEN in goods current year until 202208

According to Dalian Infobank, in 202208, SWEDEN's exports and imports of goods amounted to 28825.7666 million, and were up 3.37% comparing with the same period of last year. Among these, exports were up 0.88% at 13421.1451 million, and imports were up 5.63% at 15404.6214 million. And the corresponding trade deficit was 1983.4763 million and up 55.07%.

During the current year until 202208, SWEDEN's total exports and imports of goods were 264159.2154 million and were up 9.29% comparing to the same period of last year. Among these, exports were 130781.5455 million and up 7.02%; imports were 133377.6698 million and up 11.61%. The total trade deficit was 2596.1243 million and down 196.07%.

If considering by country (region), NORWAY, GERMANY, NETHERLANDS, INTRA-EU, DENMARK were SWEDEN's top five trading partners. During the current year until 202208, SWEDEN's imports and exports to five countries/territories were 30427.5316 million, 29884.9917 million, 18125.3792 million, 17825.2800 million, 16087.3211 million. These values correspond to 11.52%, 11.31%, 6.86%, 6.75%, 6.09% of SWEDEN's imports and exports, and, respectively, were up 22.05%, down 10.86%, down 1.78%, 0, down 8.08% comparing to the same period of last year.

Current year until 202208, SWEDEN and the top five trade partners NORWAY, GERMANY, UNITED STATES, DENMARK, FINLAND are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202208, SWEDEN's exports to these five countries/territories were 14181.3026 million, 11902.9770 million, 11576.6187 million, 8610.6642 million, 8197.1520 million. These values correspond to 10.84%, 9.10%, 8.85%, 6.58%, 6.27% of SWEDEN's exports and, respectively, were up 10.37%, down 5.96%, up 15.34%, down 7.15%, down 5.30% comparing with the same period of last year.

Current year until 202208, 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 202208, SWEDEN's imports from these five countries/territories were 17982.0146 million, 16246.2290 million, 12308.2569 million, 9925.4400 million, 9344.8818 million. These values correspond to 13.48%, 12.18%, 9.23%, 7.44%, 7.01% of SWEDEN's total imports and, respectively, were down 13.83%, up 34.47%, up 1.06%, 0, up 22.41% comparing with the same period of last year.

During the current year until 202208, 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, DENMARK at 7162.1175 million, 2705.6041 million, 2016.0328 million, 1289.5120 million, 1134.0073 million, and up 3.27%, down 21.16%, down 39.66%, up 3.44%, up 8.48%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, NORWAY, INTRA-EU at 6491.1345 million, 6079.0376 million, 4709.6489 million, 2064.9264 million, 2025.6000 million, and up 9.93%, down 25.97%, up 96.70%, down 368.80%, 0.

Current year until 202208, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202208,  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 31758.1679 million, 31315.5720 million, 26311.5021 million, 24311.8890 million, 17864.2179 million, which were down 9.68%, up 60.93%, down 11.32%, down 6.88%, up 28917.48% comparing with the same period of last year and account for 12.02%, 11.85%, 9.96%, 9.20%, 6.76% of SWEDEN's total imports and exports.

During the current year until 202208, 84, 87, 27, 85, 30 were SWEDEN's top five traded commodities, with total import and export values of 16804.2481 million, 14725.3086 million, 13415.0763 million, 10096.9445 million, 8442.8696 million. These values correspond to 12.85%, 11.26%, 10.26%, 7.72%, 6.46% of SWEDEN's total exports and, respectively, were down 9.71%, down 9.57%, up 61.35%, down 9.18%, up 16.32% comparing to the same period of last year.

During the current year until 202208, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 17900.4957 million, 14953.9198 million, 14214.9444 million, 11586.1934 million, 9946.9332 million. These values correspond to 13.42%, 11.21%, 10.66%, 8.69%, 7.46% of SWEDEN's total exports and, respectively, were up 60.62%, down 9.66%, down 5.18%, down 13.43%, up 21402.43% comparing to the same period of last year.

2. Current year until 202208, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202208, SWEDEN-China binational exports and imports of goods amounted to 13980.1147 million and were up 8.59% comparing with the same period of last year. Among these, exports from SWEDEN to China were 4635.2329 million and down 11.54%, imports from China to SWEDEN were 9344.8818 million and up 22.41%. The total binational trade deficit was 4709.6489 million and up 96.70%.

During the urrent year until 202208, 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 2717.8823 million, 2388.9784 million, 1156.9658 million, 860.6067 million, 794.6412 million and makes up 19.44%, 17.09%, 8.28%, 6.16%, 5.68% of the total binational imports and exports. These values were also up 19.81%, up 1.71%, down 14.44%, up 12.37%, up 7.69% comparing to the same period last year.

During the current year until 202208, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 832.1375 million, 808.3429 million, 752.2137 million, 407.3071 million, 362.9858 million. These values account for 17.95%, 17.44%, 16.23%, 8.79%, 7.83% of SWEDEN's total exports and were down 15.26%, down 26.05%, up 5.97%, down 2.72%, up 8.97% comparing to the same period of last year.

During the current year until 202208, 85, 84, 94, 62, 73 were SWEDEN's top five traded commodities importing from China , with import values of 2310.5752 million, 1556.8409 million, 846.0685 million, 449.0759 million, 410.0471 million. These values account for 24.73%, 16.66%, 9.05%, 4.81%, 4.39% of SWEDEN's total imports and were up 24.91%, up 13.91%, up 12.63%, up 27.72%, up 19.69% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat