Exports increased 20 percent from a year earlier to SEK 153.3 billion and imports advanced at a faster 21 percent to SEK 153 billion. Main export partners of China 2020, based on export value; Share of main export partners of China 2020; U.S. imports of trade goods from China 1985-2020; European Union: import of goods from China 2000-2019; Import value in the ASEAN region from China 2010-2019 For August 2020, re-exports to Canada were $4,036.9 million. Re-exports - Unlike Canadian imports, which are based on country of origin, U.S. exports include re-exports of foreign goods. Details may not equal totals due to rounding. The export value of machinery and transport equipment exported from Sweden fluctuated from 2009 to 2020. The value of merchandise exports from Sweden totalled $ 154 billion in 2020. Please note the exports, imports and tariff data are based on reported data and not gap filled. The export value of mineral fuels, lubricants and related materials was measured at roughly 69 billion Swedish kronor in 2020. The United States remained a net crude oil importer in 2020, importing nearly 5.88 MMb/d and exporting about 3.18 MMb/d. Sweden services export is 78,242,346,788.50 in BoP, current US$ and services import is 74,703,565,761.72 in Bop, current US$.Sweden exports of goods and services as percentage of GDP is 47.65% and imports of goods and services as percentage of GDP is 43.51%. The value of exports in Sweden has not been stable in this time . At the same time, imports of goods rose by 17 percent in value and by 5 percent in volume. Table reflects only those months for which there was trade. Country: Sweden Direction: Import Effective Date: 1st of April 2020 Expiry Date: Until further notice Free time: Calendar days (Public Holidays are counted as standard calendar days unless they fall within the allowed free time period.) Investors who want to open a company in Denmark that operates in the trade sector can request specialized assistance and counseling for company formation from one of our agents. Between July 2020 and July 2021 the exports of Sweden have increased by SEK21.6B (21.9%) from SEK98.5B to SEK120B, while imports increased by SEK19B (20.3%) from SEK93.8B to SEK113B. Same region. In brief. For June 2020, re-exports to Canada were $3,546.4 million. In October 2021, exports of goods increased by 13 percent in value and by 1 percent in volume compared with the same period a year ago. Imports from Great Britain accounted for 21% of total imports in 2020. We forecast that real GDP will exceed its pre-pandemic (2019) size in 2021, driven by private consumption, after a contraction of 2.9% in 2020. compared to 2019 (it was 0.01% in 2019 and cumulative exports from Sweden were equal to $ 160 billion). All suggestions for corrections of any errors about Imports should be addressed to the CIA. NOTE: The information regarding Imports on this page is re-published from the CIA World Factbook 2020. Sweden is currently ranked the 32nd largest export economy in the world and its annual export total of $162 billion (less total imports of $160 billion) means that it has a positive trade balance of $2.37 billion. 10 Sources: Statistics Sweden (SCB), Business Sweden (2020) The index for current export sales jumped by 25.3 points to 62.9 in the fourth quarter, from 37.6 in the previous quarter. Top 10 Export Countries. Access Sweden trade data and 209+ more countries in One subscription - Discover profitable Sweden importers, Sweden exporters, overseas buyers, suppliers & markets with price trend from customs shipment database of Sweden exports and imports. Online order tracking. In 2015, Sweden introduced the national coordination network "Team Sweden", a unified structure of public export promotion actors. Exports of these goods has risen by EUR 9.5 million or 85.8 %, and mostly they were exported to Sweden - 31.7 %, Estonia - 13.6 % and Germany . Sweden Exports Sweden is an export-oriented market economy. Total EU exports in May decreased by €402 million (-8%) compared with May 2019. Albania (January 2004 - December 2007) Algeria (January 2011 - March 2015) Angola (January 2004 - December 2006) Antigua and Barbuda (January 2010 - December 2019) Argentina (January 2002 - September 2021) Armenia (January 2014 - May 2021) Aruba (January 2005 - June 2020) Sweden. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. . Data are in current U.S. dollars. Value of machinery and transport equipment exported from Sweden from 2009 to 2020 (in million SEK) Export value in million SEK Annual import of goods volume index in Sweden from 2010 to 2020 Import volume index (2015=100) The European country happens to be the 16th largest export economy in the world.Here are some of its main exports and imports. Exports to Great Britain accounted for 8% of total exports in 2020. &. The Kingdom of Sweden imported US$149.8 billion worth of goods from around the globe in 2020, up by 6.3% since 2016 but down by -5.8% from 2019 to 2020. The latest value from 2020 is 44.58 percent. We expect growth in U.S. ethane exports to accelerate this year and next from an annual average of 281,000 b/d in 2020 to annual averages of 374,000 b/d in 2021 and 447,000 b/d in 2022, according to our June Short-Term Energy . Sweden's public finances will remain in a relatively strong position compared with the euro area average, and the government's fiscal support, especially through income tax cuts, will bolster . Merchandise exports decreased by $ 5.63 billion (the value of merchandise exports from Sweden amounted to $160 billion in 2019) Exports | Sweden Export destinations of commodities from Sweden Open Based on the new data, this Fact Sheet presents global trends in arms exports and arms imports, and highlights selected issues related to transfers of major arms (see box 1). Export Partners. Imports from Great Britain in 2020 were €17,812 million, a decrease of €861 million (-5%) when compared with 2019, meaning there was a trade deficit of €5,413 million with Great Britain in 2020. January 1985. Online chat and email support is always available to answer any questions. The Swedish export strategy is to help achieve the Government's overall objective of Sweden having the lowest unemployment rate in the EU by 2020. In 2020, U.S. merchandise exports to Sweden were valued at $4.77 billion and imports were $12.37 billion, generating a trade deficit of $7.60 billion. Year. Food Importers and Food Import Trends in Sweden 2020 3 min read. In 2019, merchandise imports for Sweden was 158,762 million US dollars. Export API Embed Sweden Imports Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. The number of weekdays in November 2021 was one more compared with November 2020. Sweden's economy expanded by 2.0 percent on quarter in the three months to September 2021, compared with a preliminary estimate of 1.8 percent and above the second quarter's revised figure of 1.0 percent. Overall, the value of fresh or dried nuts imported into Sweden increased from 2009 to 2020. Imports of Organic chemicals . Similar values. The country is a member of a number of trade organizations. latest available trade, tariff, trade barriers and other trade related data Click Here . 2019. Three among Sweden's top customers increased their consumption of Swedish imports from 2019 to 2020: China (up 12%), Denmark (up 6.2) and the United States (up 3.2%). Merchandise imports show the c.i.f. Based on the average exchange rate for 2020, the Danish krone appreciated by 2.8% against the US dollar since 2016 and increased by 1.9% from 2019 to 2020. Exports grew by just 0.2% in 2020. Sweden Country Growth v/s World Growth v/s GDP Growth GDP grew an estimated 3.3% in 2016 and 2017 driven largely by investment in the construction sector. That dollar amount reflects a 15.6% gain since 2016 and a 0.4% uptick from 2019 to 2020. Exports of goods were sharply higher on the back of sales of: industrial supplies and materials (up USD 6.4 billion), led by crude oil and nonmonetary gold . Therefore, the aggregate U.S. export figure is slightly larger than the Canadian import figure. : compare key data on. Map of Sweden via Wikimedia (public domain) The UK's largest defence export markets were Europe, North America and the Middle East. For comparison, the world average in 2020 based on 140 countries is 40.38 percent. Budget surplus > + or deficit > - : This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. Month. 1985 : U.S. trade in goods with Sweden. includes updated data on transfers of major arms for 1950-2020, which . In 2020, compared to 2019, imports of protective oral-nasal masks has risen by EUR 37.7 million or seven times, and they mainly were imported from China - in amount of EUR 30.8 million or 70 %. Data are in current U.S. dollars. None. Sweden monthly trade data. France is the biggest beneficiary of Spain's exports, taking 15.3% of the country's total exported goods.. Sweden trade balance for 2019 was $22.02B, a 77.37% increase from 2018. amounted to 0.012% of total exports from Sweden (cumulative merchandise exports from Sweden totalled $ 154 billion in 2020). Exports increased 20 percent from a year earlier to SEK 153.3 billion and imports advanced at a faster 21 percent to SEK 153 billion. value of goods received from the rest of the world valued in current U.S. dollars. This statistic shows the value of mineral fuels, lubricants and related materials exported from Sweden from 2009 to 2020. There has been a lively debate on the effect of national currencies on the economic performance of the members of the Eurozone. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). By the end of this period, it peaked at an import value of roughly 9.8 billion Swedish kronor. sweden top exports of 2020 include industrial machinery with a share of 15.7% ($24.4 billion), vehicles with a share of 13.6% ($21.2 billion), electronics with a share of 9.8% ($15.3 billion), pharma with a share of 7.4% ($11.6 billion), paper pulp articles with a share of 5.3% ($8.3 billion), and so on, as per the sweden export statistics of the … Import volume index in Sweden 2010-2020 Published by Statista Research Department , Jun 24, 2021 Overall, the annual import volume index in Sweden increased from 2010 to 2020. Its principal import partners are European Union countries (Germany, Denmark, Netherlands, Finland), Norway and China. No claims are made regarding the accuracy of Imports information contained here. Swedish economists expect economic growth to ease slightly in the coming years as this investment subsides. The Nordic countries have close ties to the United States . The regional export centres have been introduced in all regions in order to simplify for SMEs with export ambitions to find the right support and the . Exports from the United States increased by USD 16.8 billion from a month earlier to USD 223.6 billion in October 2021, the highest level since the series began in 1950, reflecting strong foreign demand and a general rise in prices. India is involved in the export of gems. The budget of IPA II for 2014-2020 is 11.7 billion euros. Monthly imports 2000-2021. The import value of chemicals peaked in 2019, when the value of import was measured at roughly 168 billion Swedish kronor. KEY FACTS. Sweden's trade surplus narrowed to SEK 0.3 billion in November of 2021 from SEK 1.4 billion in the corresponding month last year. In 2020, the value of UK security export sales was £7.95 billion, an increase from 2019 (£7.2 billion . The value of goods imports for January to September of 2021 was €72,495 million, which is an increase of €11,435 million (+19%) compared with January to September 2020. Exports of goods and services (% of GDP) (2020) 44.23%: Imports of goods and services (% of GDP) (2020) 39.85%: Trade Partners . Overall commodity exports from Sweden decreased by 3.5% compared to 2019. The economy of Sweden is a highly developed export-oriented economy, aided by timber, hydropower, and iron ore.These constitute the resource base of an economy oriented toward foreign trade. The U.S. exported $4.95 billion in services to Sweden in 2020 and imported $2.97 billion, generating a trade surplus of $1.98 billion. In 2020, the overall import volume index was at 111. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Get in touch with us now. Re-exports - Unlike Canadian imports, which are based on country of origin, U.S. exports include re-exports of foreign goods. This statistic shows the total annual value of Swedish export from 2009 to 2020. amounted to 1.98% of total exports from Sweden (cumulative merchandise exports from Sweden totalled $ 154 billion in 2020). The value of chemicals and related materials imported into Sweden increased overall from 2009 to 2020. Sweden's trade surplus narrowed to SEK 0.3 billion in November of 2021 from SEK 1.4 billion in the corresponding month last year. The Netherlands remained the most popular destination in the 2020 calendar year, despite the introduction of a waste import tax, but exports fell to 601,668 tonnes, a decrease of 48% from 2019 (see letsrecycle.com story). Imports of Other transport equipment, including aircraft decreased by €886 million (-54%) to €766 million in March 2020 compared with March 2019. In 2020, the world exports of "Salt (including table salt and denatured salt) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water."exceeded $2.59 billion (according to external trade statistics of 113 countries).It was $2.69 billion in the previous year (according to merchandise trade statistics of 118 countries). Exports. The average value for Sweden during that period was 33.17 percent with a minimum of 19.2 percent in 1967 and a maximum of 49.09 percent in 2008. In 2020, arms export from Sweden to both Pakistan and the United Arab Emirates amounted to 80 million constant (1990) U.S. dollars each. In 2020, goods with a value of around 155.54 billion U.S. dollars were . replaces all previous data on arms transfers published by SIPRI. Also shown is the percentage share each export category represents in terms of overall exports from Finland. Overview In September 2020 Malaysia exported MYR88.9B and imported MYR67B, resulting in a positive trade balance of MYR22B.Between September 2019 and September 2020 the exports of Malaysia have increased by MYR11.2B (14.4%) from MYR77.7B to MYR88.9B, while imports decreased by MYR-2.41B (-3.48%) from MYR69.4B to MYR67B. Compare Imports by Country United Nations Comtrade Database , Aug 17, 2021. Machinery including computers: US$9.7 billion (14.7% of total exports) Paper, paper items: $7.3 billion (11.1%) Jewellery, petroleum products, engineering goods, electronic goods, organic and inorganic chemical. The goals in the strategy are to: Increase exports, both in absolute figures and as a proportion of GDP; Increase Sweden's attractiveness for investments, expertise . The statistic shows the value of goods exported from Sweden from 2010 to 2020. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). As of 2020, import value of chemicals stood at around 167 billion Swedish kronor. In 2020, arms exports for Sweden was 286 million US dollars. Exports of goods and services (% of GDP) - Sweden. Economy Stats. Euro, markka and the exports of Finland. "Regional export centres" were established the same year. Its top imports were refined petroleum products (€872M), cars (€782M), communication equipment (€472M), packaged medicaments . In 2020, arms export from Sweden to both Pakistan and the United Arab Emirates amounted to 80 million constant (1990) U.S. dollars each. compared to 2019 (it was 1.6% in 2019 and cumulative exports from Sweden were equal to $ 160 billion). Currency: SEK Invoiced: Per container, per calendar day, per container type Application: The free time & charges applied will be those in place on the origin . Sweden trade balance for 2020 was $23.55B, a 6.97% increase from 2019. Sweden is part of the Nordic region, consisting of Denmark, Finland, Norway and Sweden. Sweden enjoys a current account surplus of about 5% of GDP, which is one of the highest margins in Europe. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. The depicted export value is only an indicator and does not . Imports. Sweden's engineering sector accounts for 50% of output and exports. The number of weekdays in November 2021 was one more compared with November 2020. Canada. Ethane exports surpassed 370,000 barrels per day (b/d) in March, including more than 280,000 b/d of waterborne exports. October 19, 2020 Sweden bestfoodimporters. The index for expected export sales over the next three months rose sharply as well, increasing by 16.6 points to 71.4 In 2012, we published a report, where we simulated the potential development of the export of Finland, if we had remained in our own currency, markka. Country / Region. Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. It was created by Regulation 1316/2013 on December 11, 2013. Geographic breakdown of goods exports and imports. Based on the average exchange rate for 2020, the Swedish krona depreciated by -7.6% against the US dollar since 2016 but strengthened by 2.6% from 2019 to 2020. Though Sweden arms exports fluctuated substantially in recent years, it tended to increase through 1971 - 2020 period ending at 286 million US dollars in 2020. Sweden. Line Bar Map. As about 15% of the inhabitants in Sweden are foreign-born, in Swedish food stores, imports account for 50% of the total food in the shops. 2021-12-28. Imports of Electrical machinery, appliances and parts increased by €355 million (+101%) to €705 million in September 2021 compared with September 2020. Danish flag (FlagPictures.org) A Nordic nation southwest of Sweden, the Kingdom of Denmark's imports cost a total US$97.6 billion in 2020. Merchandise imports of Sweden increased from 7,007 million US dollars in 1970 to 158,762 million US dollars in 2019 growing at an average annual rate of 7.58%. In 2020, the top exports of Estonia were communication equipment (€1.14B), oils and other products of coal tar (€647M), refined petroleum products (€637M), prefabricated buildings, whether or not complete or already assembled (€414M), and cars (€408M). Value of exported goods from Sweden 2009-2020. In the period from March 11 to 20, 2020, CEOs, sales managers and marketing managers of Swedish export companies were asked how they assess the business impact of the coronavirus in terms of sales . The share of commodity group 0808 in total exports from Sweden decreased by 0 p.p. The share of commodity group 3915 in total exports from Sweden increased by 0.002 p.p. Between September 2020 and September 2021 the exports of Norway have increased by NOK69.9B (117%) from NOK59.6B to NOK130B, while imports increased by NOK6.91B (10%) from NOK68.9B to NOK75.8B. Sweden trade balance for 2019 was $22.02B, a 77.37% increase from 2018. Sweden's export strategy. Imports and exports in Denmark are performed according to the country and EU laws. For at a glance i.e. Exports and imports of goods, October 2021, in current prices and in constant prices. Between 2014 and 2020, dry pasta imports have recorded double-digit growth in all but two years and are on track to grow similarly in 2021. The depicted export value is only an indicator and does not . Over three-quarters (77.3%) of Swedish exports in 2020 were delivered to the above 15 trade partners. The Nordic Region. compared to 2019 (it was 0.001% in 2019 and cumulative exports from Sweden were equal to $ 160 billion). Please check the Data Availability for coverage. The following export product groups represent the highest dollar value in Finnish global shipments during 2020. Trade In September 2021, the top exports of Norway were Gas, natural and manufactured (NOK50.9B), Petroleum, petroleum products and related materials . Also, some of imported petroleum . The homogenous Nordic region, with its 1.8 trillion dollar plus economy is considered one of the ten largest economies in the world, and the fifth largest market in Europe. The main food import is easily explained, . Household consumption advanced by 2.4 percent, boosted by a strong increase in expenditures on hotel and restaurant services, and fixed investment rose by 2.6 percent on the back of . The value of goods imports for January to March 2020 was €21,825 million, which is a decrease of €12 million (-0.1%) compared with the first quarter of 2019. A positive (+) number indicates that revenues exceeded expenditures (a budget . amounted to 0.001% of total exports from Sweden (cumulative merchandise exports from Sweden totalled $ 154 billion in 2020). License : CC BY-4.0. In the initial two months of the fiscal year 2020-2021, the exports in India plummeted to 47.54% to reach a worth of $29.41 billion. Sweden boarders Scandinavia, Finland, and Norway and is connected by bridge to Denmark. . Aggregates. These 100 exported goods were worth a subtotal of US$109.3 billion or more than two-thirds (70.2%) by value for all products exported from Sweden during 2020. Spain does a lot of business with Germany, France and Italy as its primary trade partners in Europe and the United States across the pond. Balance. World Bank national accounts data, and OECD National Accounts data files. In macroeconomic terms, Sweden's total exported goods represent 28.2% of its overall Gross Domestic Product for 2020 ($551.5 billion valued in Purchasing Power Parity US dollars). Export value of dairy products and birds eggs from Sweden 2010-2020 Consumer price index (CPI) of milk, cheese and eggs in Sweden 2010-2020 The most important statistics The Connecting Europe Facility (CEF) is an EU financing mechanism that uses the EC budget as well as the Cohesion Funds to finance projects in three key areas: energy, transport and telecom. Sweden: Exports of goods and services as percent of GDP: For that indicator, we provide data for Sweden from 1960 to 2020. Sweden received just 528,734 tonnes. The country reached an export rate of $19.05 billion in 2020. The EU accounted for €4,953 million (38%) of total goods exports in May 2020 of which €1,401 million went to Belgium and €1,375 million went to Germany. The share of commodity group 2601 in total exports from Sweden increased by 0.385 p.p. Sweden trade balance for 2020 was $23.55B, a 6.97% increase from 2019. Economy Stats: compare key data on Canada & Sweden. Sweden quarterly trade data. Therefore, the aggregate U.S. export figure is slightly larger than the Canadian import figure. The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, forestry, iron, and steel. w. he volume of . However, some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum products—such as gasoline, heating oil, diesel fuel, and jet fuel—that the U.S. exports. The export value of machinery and transport equipment was measured at roughly 564 billion Swedish kronor in 2020. 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