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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202209

 1.  Overview the trade of SWEDEN in goods current year until 202209

According to Dalian Infobank, in 202209SWEDEN's exports and imports of goods amounted to 31912.7918 million, and were down 4.29% comparing with the same period of last year. Among these, exports were down 7.23% at 15760.5590 million, and imports were down 1.24% at 16152.2329 million. And the corresponding trade deficit was 391.6739 million and down 161.77%.

During the current year until 202209, SWEDEN's total exports and imports of goods were 297649.2976 million and were up 8.21% comparing to the same period of last year. Among these, exports were 147373.5658 million and up 5.96%; imports were 150275.7317 million and up 10.52%. The total trade deficit was 2902.1659 million and down 192.99%.

If considering by country (region), NORWAY, GERMANY, NETHERLANDS, INTRA-EU, DENMARK were SWEDEN's top five trading partners. During the current year until 202209, SWEDEN's imports and exports to five countries/territories were 33748.9407 million, 33662.4963 million, 20280.0559 million, 20006.0800 million, 18520.6734 million. These values correspond to 11.34%, 11.31%, 6.81%, 6.72%, 6.22% of SWEDEN's imports and exports, and, respectively, were up 19.36%, down 10.84%, down 3.27%, 0, down 7.25% comparing to the same period of last year.

Current year until 202209, 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 202209, SWEDEN's exports to these five countries/territories were 16007.5755 million, 13351.3808 million, 12927.9840 million, 9907.9334 million, 9365.7773 million. These values correspond to 10.86%, 9.06%, 8.77%, 6.72%, 6.36% of SWEDEN's exports and, respectively, were up 9.00%, down 6.86%, up 13.84%, down 6.36%, down 4.86% comparing with the same period of last year.

Current year until 202209, 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 202209, SWEDEN's imports from these five countries/territories were 20311.1155 million, 17741.3653 million, 13862.7489 million, 10993.4400 million, 10706.3731 million. These values correspond to 13.52%, 11.81%, 9.22%, 7.32%, 7.12% of SWEDEN's total imports and, respectively, were down 13.28%, up 30.55%, up 0.28%, 0, up 19.77% comparing with the same period of last year.

During the current year until 202209, 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 7852.2447 million, 3125.3952 million, 2041.7318 million, 1480.0447 million, 1295.1935 million, and up 2.74%, down 19.35%, down 46.39%, up 3.23%, up 8.66%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, INTRA-EU, NORWAY at 7445.4420 million, 6959.7347 million, 5535.5781 million, 1980.8000 million, 1733.7898 million, and up 11.40%, down 23.41%, up 79.84%, 0, down 258.15%.

Current year until 202209, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202209,  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 35707.6370 million, 35350.1739 million, 29523.4253 million, 27509.6135 million, 20051.2936 million, which were down 10.40%, up 57.32%, down 10.87%, down 7.85%, up 28925.89% comparing with the same period of last year and account for 12.00%, 11.88%, 9.92%, 9.24%, 6.74% of SWEDEN's total imports and exports.

During the current year until 202209, 84, 87, 27, 85, 30 were SWEDEN's top five traded commodities, with total import and export values of 18890.7545 million, 16629.9272 million, 15294.7667 million, 11463.3763 million, 9195.7334 million. These values correspond to 12.82%, 11.28%, 10.38%, 7.78%, 6.24% of SWEDEN's total exports and, respectively, were down 10.36%, down 9.15%, up 58.34%, down 9.80%, up 12.35% comparing to the same period of last year.

During the current year until 202209, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 20055.4072 million, 16816.8825 million, 16046.2372 million, 12893.4981 million, 11017.8934 million. These values correspond to 13.35%, 11.19%, 10.68%, 8.58%, 7.33% of SWEDEN's total exports and, respectively, were up 56.56%, down 10.44%, down 6.40%, down 13.00%, up 21846.95% comparing to the same period of last year.


2. Current year until 202209, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202209, SWEDEN-China binational exports and imports of goods amounted to 15877.1681 million and were up 7.27% comparing with the same period of last year. Among these, exports from SWEDEN to China were 5170.7950 million and down 11.78%, imports from China to SWEDEN were 10706.3731 million and up 19.77%. The total binational trade deficit was 5535.5781 million and up 79.84%.

During the urrent year until 202209, 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 3081.0978 million, 2670.4444 million, 1291.3546 million, 967.8293 million, 897.8217 million and makes up 19.41%, 16.82%, 8.13%, 6.10%, 5.65% of the total binational imports and exports. These values were also up 15.73%, down 1.65%, down 14.02%, up 9.74%, up 11.17% comparing to the same period last year.

During the current year until 202209, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 943.6082 million, 896.3665 million, 832.7228 million, 456.8213 million, 397.2495 million. These values account for 18.25%, 17.34%, 16.10%, 8.83%, 7.68% of SWEDEN's total exports and were down 14.84%, down 24.17%, up 7.26%, down 5.62%, up 5.70% comparing to the same period of last year.

During the current year until 202209, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 2624.2765 million, 1726.8362 million, 952.3747 million, 555.0399 million, 470.2559 million. These values account for 24.51%, 16.13%, 8.90%, 5.18%, 4.39% of SWEDEN's total imports and were up 20.48%, up 7.44%, up 10.08%, up 29.65%, up 22.74% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat