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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202212

 1.  Overview the trade of SWEDEN in goods current year until 202212

According to Dalian Infobank, in 202212SWEDEN's exports and imports of goods amounted to 31775.1617 million, and were down 3.59% comparing with the same period of last year. Among these, exports were down 3.39% at 15674.8019 million, and imports were down 3.79% at 16100.3598 million. And the corresponding trade deficit was 425.5578 million and down 16.48%.

During the current year until 202212, SWEDEN's total exports and imports of goods were 398276.0178 million and were up 5.77% comparing to the same period of last year. Among these, exports were 196885.9256 million and up 3.89%; imports were 201390.0922 million and up 7.68%. The total trade deficit was 4504.1666 million and down 281.41%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202212, SWEDEN's imports and exports to five countries/territories were 46505.1330 million, 45012.9788 million, 28361.3171 million, 25383.0651 million, 24618.8273 million. These values correspond to 11.68%, 11.30%, 7.12%, 6.37%, 6.18% of SWEDEN's imports and exports, and, respectively, were down 9.13%, up 14.69%, down 0.33%, down 8.00%, up 19.82% comparing to the same period of last year.

Current year until 202212, 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 202212, SWEDEN's exports to these five countries/territories were 21216.8149 million, 18305.6803 million, 17541.0634 million, 13540.6272 million, 13185.9933 million. These values correspond to 10.78%, 9.30%, 8.91%, 6.88%, 6.70% of SWEDEN's exports and, respectively, were up 4.86%, down 5.71%, up 14.62%, down 7.49%, down 1.50% comparing with the same period of last year.

Current year until 202212, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, CHINA, DENMARK are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202212, SWEDEN's imports from these five countries/territories were 28199.4527 million, 23796.1639 million, 19659.8194 million, 14085.2326 million, 11842.4379 million. These values correspond to 14.00%, 11.82%, 9.76%, 6.99%, 5.88% of SWEDEN's total imports and, respectively, were down 11.22%, up 25.15%, up 4.02%, up 10.52%, down 8.59% comparing with the same period of last year.

During the current year until 202212, 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 10463.2994 million, 4507.3520 million, 2877.4638 million, 1867.9617 million, 1698.1892 million, and up 4.01%, down 10.04%, down 39.78%, down 6.40%, up 0.95%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, NORWAY, INTRA-EU at 10958.3217 million, 9893.7723 million, 7022.5683 million, 2579.3489 million, 2223.6900 million, and up 17.26%, down 19.88%, up 43.04%, down 311.66%, 0.

Current year until 202212, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202212,  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 49499.5855 million, 47403.9114 million, 41241.6372 million, 38982.4896 million, 19436.0236 million, which were down 8.36%, up 47.59%, down 8.01%, down 6.62%, up 23430.45% comparing with the same period of last year and account for 12.43%, 11.90%, 10.36%, 9.79%, 4.88% of SWEDEN's total imports and exports.

During the current year until 202212, 84, 87, 27, 85, 30 were SWEDEN's top five traded commodities, with total import and export values of 26319.5599 million, 23124.8401 million, 20167.3508 million, 16039.3528 million, 12789.1693 million. These values correspond to 13.37%, 11.75%, 10.24%, 8.15%, 6.50% of SWEDEN's total exports and, respectively, were down 7.89%, down 6.71%, up 45.11%, down 8.18%, up 13.45% comparing to the same period of last year.

During the current year until 202212, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 27236.5606 million, 23180.0256 million, 22943.1368 million, 18116.7971 million, 10831.2232 million. These values correspond to 13.52%, 11.51%, 11.39%, 9.00%, 5.38% of SWEDEN's total exports and, respectively, were up 49.48%, down 8.87%, down 5.51%, down 9.63%, up 18717.89% comparing to the same period of last year.


2. Current year until 202212, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202212, SWEDEN-China binational exports and imports of goods amounted to 21147.8970 million and were up 2.76% comparing with the same period of last year. Among these, exports from SWEDEN to China were 7062.6643 million and down 9.86%, imports from China to SWEDEN were 14085.2326 million and up 10.52%. The total binational trade deficit was 7022.5683 million and up 43.04%.

During the urrent year until 202212, 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 4224.4318 million, 3515.8770 million, 1715.1919 million, 1216.2065 million, 1186.2635 million and makes up 19.98%, 16.63%, 8.11%, 5.75%, 5.61% of the total binational imports and exports. These values were also up 8.65%, down 6.75%, down 14.05%, up 12.62%, down 3.24% comparing to the same period last year.

During the current year until 202212, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1254.0771 million, 1203.5409 million, 1141.0495 million, 662.2024 million, 505.7923 million. These values account for 17.76%, 17.04%, 16.16%, 9.38%, 7.16% of SWEDEN's total exports and were down 16.08%, down 23.14%, up 10.17%, down 2.90%, up 1.24% comparing to the same period of last year.

During the current year until 202212, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 3562.2294 million, 2261.7998 million, 1164.6073 million, 747.6557 million, 632.6437 million. These values account for 25.29%, 16.06%, 8.27%, 5.31%, 4.49% of SWEDEN's total imports and were up 11.11%, down 0.62%, down 3.01%, up 20.19%, up 12.10% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat