Exports and imports of goods by countries In August 2021 the top imports of Sweden were Crude Petroleum (SEK7.37B), Cars (SEK4.97B), Refined Petroleum (SEK4.43B), Telephones (SEK3.93B), and Computers (SEK3.47B). Imports are the goods and services that are purchased from the rest of the world by a countryâs residents, rather than buying domestically produced items. Germany's exports to Sweden amounted to. Imports in Sweden averaged 41065.15 SEK million from 1960 until 2021, reaching an all time high of 153000 SEK million in November of 2021 and a record low of 1020 SEK million in July of 1960. The main industries include motor vehicles, telecommunications, pharmaceuticals, industrial machines, precision equipment, chemical goods, home goods and appliances, ⦠Imports and Exports - Corporate Finance Institute Germany. Economy of Sweden - Wikipedia 2019 Service Exports | Imports : $138B | ⦠... Our main task is to supply users and customers with statistics for decision making, debate and research. In 2018, Sweden major trading partner countries for exports were Germany, Norway, Finland, Denmark and United States and for imports they were Germany, Netherlands, Norway, Denmark and United Kingdom . Please check the Data Availability for coverage. Exports commodities: machinery 35%, motor vehicles, paperproducts, pulp and wood, iron and steel products, chemicals. Three of Swedenâs top import categories posted double-digit cost increases from 2019 to 2020 namely pharmaceuticals (up 12.5%), optical, technical and medical apparatus (up 12.1%) then furniture, bedding, lighting, signs and prefabricated ⦠U.S. Relations With Sweden - United States Department of State Trade In August 2021, the top exports of Sweden were Refined Petroleum (SEK6.06B), Cars (SEK5.34B), Telephones (SEK3.67B), Packaged Medicaments (SEK3.65B), and Sawn Wood (SEK3.49B). Sweden: Trade Statistics >> globalEDGE: Your source for ...Sweden - Market Overview Sweden - Market Overview - export Swedenâs GDP grew by 0.9% q/q in the second quarter, adding to the 0.8% increase in the first quarter. Sweden is the 29 th largest importing economy in the world. Sweden Exports Top trading partners (import sources) of Norway in 2020: China with a share of 12% (9.81 billion US$) Germany with a share of 11.4% (9.32 billion US$) Sweden with a share of 10.6% (8.69 billion US$) USA with a share of 6.78% (5.51 billion US$) United Kingdom with a share of 5.44% (4.42 billion US$) Swedenâs top 10 imports accounted for almost two-thirds (64.6%) of the overall value of its product purchases from other countries. Imports and exports of agricultural products and foodstuffs Imports: are goods entering the borders of Sweden from the rest of the world. That is, countries that imported the most Swedish shipments by dollar value during 2020. The European country happens to be the 16th largest export economy in the world. Sweden trade balance, exports and imports by country. Sweden: Exports of goods and services as percent of GDP: For that indicator, we provide data for Sweden from 1960 to 2020. Main Swedish exports include machinery and transport equipment, chemical and rubber products, food, clothing, textiles and furniture, and wood products. Import companies in Sweden Add your free listing . Trade between Sweden and China has increased for a long series of years. Other important import partners of Sweden for trunks, suitcases, business bags and school bags in 2020 included Belgium and Denmark. January 1985. 2019 Per Capita Product Exports | Imports: $6.78k | $7.82k, 49 of 219 | 37 of 219. Swedish economists expect economic growth to ease slightly in the coming years as this investment subsides. Foreign trade â exports and imports Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Examples included Sweden Pavilions at international trade fairs and purchasing co-operation with German chains which organise âSweden Weeks.â A list of Swedish companies that export food can also be found here. In 2019, Sweden major trading partner countries for exports were Norway, Germany, United States, Finland and Denmark and for imports they were Germany, Netherlands, Norway, Denmark and China . For comparison, the world average in 2020 based on 140 ⦠Sweden boarders Scandinavia, Finland, and Norway and is connected by bridge to Denmark. Table reflects only those months for which there was trade. 2. Vehicle Parts â $5.6 billion. Machinery: $2.9 billion. In second place for improving export sales was wood via a 12.1% gain. 1. Published by Statista Research Department , Nov 1, 2021. This page provides the latest reported value for - Sweden Imports - ⦠Month. Sweden was the world's sixth-largest export country of weapons and military technology in 2005, but went down to the eight place on the list in 2011. Main import partners of Sweden for agricultural products and food 2018. Main import partners of Sweden for agricultural products and food 2018. In 2018, U.S. merchandise exports to Sweden were valued at $4.5 billion and imports were $11.4 billion, generating a trade deficit of $6.9 billion (roughly the same deficit level as 2017). As a consequence the information about partner country on imports is equal to the country of consignment in the Swedish foreign trade in goods statistics. Sweden - Sweden - Trade: Exports account for about one-third of Swedenâs GDP. Sweden imports mainly machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. Meanwhile, household and government spending were also up. Imports lead to an outflow of funds from the country since import transactions involve payments to sellers residing in another country. 2000â2019, SEK millions, Specification according to SITC ... Statistics Sweden, Foreign Trade Statistics and Swedish Board of Agriculture. Initially, petroleum was the single most critical import, particularly before the 1980s when it accounted for almost 1/4th of the total value. Broadcasting Equipment â $3.7 billion. Exports: are goods exiting the borders of Sweden that are traded with the rest of the world. Top Sweden Exports to the World Sweden shipped US$166 billion worth of goods around the globe in 2018, up by 0.8% since 2014 and up by 8.4% ⦠Main Swedish exports include machinery and transport equipment, chemical and rubber products, food, clothing, textiles and furniture, and wood products. Refined petroleum is the third most traded product in the world and the annual export market is worth $753 billion with Chinese Taipei taking a 1.3% share. In 2020, arms export from Sweden to both Pakistan and the United Arab Emirates amounted to 80 million constant (1990) U.S. dollars each. Details may not equal totals due to rounding. Swedish arms exports. The main export partners are Germany taking 11%, the United Kingdom taking 7.7%, the United States taking 6.4%, Netherlands taking 5.3%, Belgium taking 5.2%, Finland taking 4.7%, and France taking 4.6% of the total exports. This statistic shows the main import partners of Sweden for agricultural products and food in 2018, by import value. The amount of US exports to Sweden amounted to $3.46 billion for the period ending August 2008. In the given year, the value of the import of agricultural products and food from the Netherlands into Sweden amounted to roughly 15 billion Swedish kronor. Sweden. Please note the exports, imports and tariff data are based on reported data and not gap filled. Spainâs imports of crude oil have been growing since the 1980s. 1985 : U.S. trade in goods with Sweden. 4. In 2019, Sweden major trading partner countries for exports were Norway, Germany, United States, Finland and Denmark and for imports they were Germany, Netherlands, Norway, Denmark and China . Read more about Try Swedish on tryswedish.com. Exports. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Germany is the main supplier of Swedenâs imports, followed by the Netherlands, Norway, Denmark, the United Kingdom, and Finland. Top US ImportsNew and used carsBuses, trucks, and other special vehiclesCrude oilPharmaceutical preparationsVehicles spare parts and accessoriesCell phones and computersCell phone and computer accessoriesHousehold goodsTelecommunications equipmentIndustrial machines and suppliesMore items... Trade Sweden â China. Graph and download economic data for Imports of Goods and Services in Sweden (SWEIMPORTQDSMEI) from Q1 1993 to Q1 2021 about Sweden, imports, services, and goods. Exports | Imports: $319B | $368B, 16 of 225 | 15 of 225. What are the main exports of Sweden? $15.8 billion or 9.3% of its overall imports. France is the biggest beneficiary of Spainâs exports, taking 15.3% of the countryâs total exported goods. Main export partners are Germany, United States and Norway. The emphasis has shifted from export of raw materials and semimanufactured products (pulp, steel, sawn wood) to finished goods, dominated by engineering products (cars, telecommunications equipment, hydroelectric power plant equipment) and, increasingly, high technology and ⦠Market Value: 152,082 (millions) â Last Updated: June, 2019. Pharmaceuticals represent the fastest grower among the top 10 export categories, up by 13.7% from 2019 to 2020. The major exports of the United States include: Machinery and computers: US $201.7 billion (13% of total exports) Electrical machinery and electrical equipment: $174.2 billion (11.3%) Mineral fuels including oil: $138 billion (8.9%) The latest value from 2020 is 44.58 percent. Sweden's engineering sector accounts for 50% of output and exports. In the given year, the value of the import of agricultural products and food from the Netherlands into Sweden amounted to roughly 15 billion Swedish kronor. Vehicles: $7.5 billion. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Company List. The major imports of Sweden are comprised of machinery and automobiles, petroleum, textile fibers and foodstuff. Swedenâs top 10 imports accounted for almost two-thirds (64.6%) of the overall value of its product purchases from other countries. Top 10 Swedish Imports from Netherlands. Sweden. In 2020, total Swedish imports of agricultural and related products totaled $20.285 billion of which $220 million originated from the United States. Exports and investments are rapidly increasing, and the Swedish export market is expected to grow by 8% each year through 2013. Electronic equipment: $3.5 billion. The main export partners are Germany taking 11%, the United Kingdom taking 7.7%, the United States taking 6.4%, Netherlands taking 5.3%, Belgium taking 5.2%, Finland taking 4.7%, and France taking 4.6% of the total exports. Balance. Approximately 10,000 Swedish companies conduct this trade and just over 600 Swedish or Sweden-related companies have operations in place in China. Imports in Sweden increased to 153000 SEK million in November from 145200 SEK million in October of 2021. Refined petroleum, cars, computers, chemicals, consumer goods, machinery, and equipment are some of the main imported goods. Rank. 2. Mineral fuels including oil: $1.5 billion. Sweden boarders Scandinavia, Finland, and Norway and is connected by bridge to Denmark. Imports. Norway's imports 2020 by country . The government has been expanding its export base away from the traditionally European market, seeking to grow in Asia, South America, and the United States, but the bulk of Swedenâs exports still remains within the EU.