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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202211

 1.  Overview the trade of SWEDEN in goods current year until 202211

According to Dalian Infobank, in 202211SWEDEN's exports and imports of goods amounted to 33758.4503 million, and were down 3.28% comparing with the same period of last year. Among these, exports were down 5.66% at 16432.2889 million, and imports were down 0.90% at 17326.1614 million. And the corresponding trade deficit was 893.8725 million and up 1271.94%.

During the current year until 202211, SWEDEN's total exports and imports of goods were 365399.6392 million and were up 6.35% comparing to the same period of last year. Among these, exports were 180454.0013 million and up 4.13%; imports were 184945.6379 million and up 8.60%. The total trade deficit was 4491.6366 million and down 250.10%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202211, SWEDEN's imports and exports to five countries/territories were 42028.1165 million, 41451.5218 million, 25641.9242 million, 23037.2138 million, 22331.7679 million. These values correspond to 11.50%, 11.34%, 7.02%, 6.30%, 6.11% of SWEDEN's imports and exports, and, respectively, were down 10.35%, up 15.90%, down 1.52%, down 8.26%, up 19.24% comparing to the same period of last year.

Current year until 202211, 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 202211, SWEDEN's exports to these five countries/territories were 19575.0021 million, 16529.5012 million, 15928.5890 million, 12257.7073 million, 11812.2115 million. These values correspond to 10.85%, 9.16%, 8.83%, 6.79%, 6.55% of SWEDEN's exports and, respectively, were up 5.62%, down 7.49%, up 13.46%, down 8.02%, down 3.36% comparing with the same period of last year.

Current year until 202211, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, CHINA, INTRA-EU are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202211, SWEDEN's imports from these five countries/territories were 25498.6153 million, 21876.5197 million, 17674.8616 million, 13065.3309 million, 11323.1100 million. These values correspond to 13.79%, 11.83%, 9.56%, 7.06%, 6.12% of SWEDEN's total imports and, respectively, were down 12.12%, up 26.94%, up 2.56%, up 12.74%, 0 comparing with the same period of last year.

During the current year until 202211, 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 9525.4100 million, 3912.9018 million, 2479.2890 million, 1705.8197 million, 1543.1218 million, and up 1.88%, down 15.39%, down 43.30%, down 3.76%, up 10.16%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, NORWAY, INTRA-EU at 9707.7990 million, 8969.1140 million, 6762.3701 million, 2301.5176 million, 1938.1900 million, and up 15.15%, down 19.53%, up 52.46%, down 277.10%, 0.

Current year until 202211, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 44777.2508 million, 43371.0627 million, 37063.5443 million, 34935.5623 million, 20762.6365 million, which were down 9.52%, up 52.78%, down 9.58%, down 7.42%, up 26199.15% comparing with the same period of last year and account for 12.25%, 11.87%, 10.14%, 9.56%, 5.68% of SWEDEN's total imports and exports.

During the current year until 202211, 84, 87, 27, 85, 30 were SWEDEN's top five traded commodities, with total import and export values of 23725.4826 million, 20774.8589 million, 18408.9202 million, 14332.5813 million, 11738.0036 million. These values correspond to 13.15%, 11.51%, 10.20%, 7.94%, 6.50% of SWEDEN's total exports and, respectively, were down 9.26%, down 8.79%, up 49.31%, down 9.61%, up 13.41% comparing to the same period of last year.

During the current year until 202211, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 24962.1425 million, 21051.7681 million, 20602.9810 million, 16288.6854 million, 11351.9842 million. These values correspond to 13.50%, 11.38%, 11.14%, 8.81%, 6.14% of SWEDEN's total exports and, respectively, were up 55.44%, down 9.80%, down 5.84%, down 10.58%, up 20237.77% comparing to the same period of last year.


2. Current year until 202211, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202211, SWEDEN-China binational exports and imports of goods amounted to 19368.2917 million and were up 3.34% comparing with the same period of last year. Among these, exports from SWEDEN to China were 6302.9608 million and down 11.88%, imports from China to SWEDEN were 13065.3309 million and up 12.74%. The total binational trade deficit was 6762.3701 million and up 52.46%.

During the urrent year until 202211, 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 3835.6229 million, 3224.4716 million, 1550.2373 million, 1115.7262 million, 1077.4549 million and makes up 19.80%, 16.65%, 8.00%, 5.76%, 5.56% of the total binational imports and exports. These values were also up 9.52%, down 6.06%, down 16.45%, down 0.63%, up 13.49% comparing to the same period last year.

During the current year until 202211, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1139.8609 million, 1092.7049 million, 1005.6443 million, 553.2958 million, 465.7532 million. These values account for 18.08%, 17.34%, 15.96%, 8.78%, 7.39% of SWEDEN's total exports and were down 16.55%, down 25.34%, up 10.14%, down 8.92%, up 1.92% comparing to the same period of last year.

During the current year until 202211, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 3282.3271 million, 2084.6107 million, 1096.2284 million, 696.3809 million, 585.4795 million. These values account for 25.12%, 15.96%, 8.39%, 5.33%, 4.48% of SWEDEN's total imports and were up 13.39%, up 0.88%, down 0.28%, up 22.31%, up 14.08% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat