Overview In July 2021 Sweden exported SEK120B and imported SEK113B, resulting in a positive trade balance of SEK7.19B. 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.
Trade In July 2021, the top exports of Sweden were Cars (SEK8.41B), Refined Petroleum (SEK6.17B), Packaged Medicaments (SEK5.76B), Iron Ore (SEK4.7B), and Sawn Wood (SEK4.27B). In July 2021 the top imports of Sweden were Cars (SEK6.18B), Crude Petroleum (SEK6.11B), Telephones (SEK4.94B), Refined Petroleum (SEK4.39B), and Computers (SEK3.73B).
Destinations In July 2021, Sweden exported mostly to Germany (SEK13.1B), Norway (SEK12.4B), United States (SEK10.6B), Finland (SEK9.01B), and Denmark (SEK8.74B), and imported mostly from N/A.
Growth In July 2021, the increase in Sweden's year-by-year exports was explained primarily by an increase in exports to Germany (SEK3.97B or 43.3%), United Kingdom (SEK3.5B or 73.2%), and Norway (SEK1.77B or 16.6%), and product exports increase in Refined Petroleum (SEK2.92B or 89.8%), Iron Ore (SEK2.21B or 88.9%), and Sawn Wood (SEK2.15B or 101%). In July 2021, the increase in Sweden's year-by-year imports was explained primarily by an increase in imports from Norway (SEK3.85B or 42.3%), Netherlands (SEK3.36B or 37.4%), and Germany (SEK1.94B or 11.7%), and product imports increase in Crude Petroleum (SEK2.87B or 88.9%), Refined Petroleum (SEK1.64B or 59.4%), and Vehicle Parts (SEK1.05B or 48.7%).