Trends in volume of exports and imports of goods, 4th quarter 2016:
Volume of both exports and imports of goods continued to increase
Statistical news from Statistics Sweden 2017-02-28 9.30
Exports of goods from Sweden increased 3.5 percent in volume (value in constant prices) in the fourth quarter of 2016 compared with the fourth quarter of 2015. In the same period, imports of goods to Sweden increased 4.4 percent in volume.
In the period January–December of 2016, the volume of exports increased by 3.0 percent and the volume of imports increased by 5.6 percent compared with the same period in 2015. In current prices, exports of goods increased by 1 percent and imports of goods increased by 3 percent.
Exports of minerals increased in volume
Exports of goods increased by 3.5 percent in volume in the fourth quarter of 2016 compared with the fourth quarter of 2015.
Exports of machinery and transport equipmentincreased by 3 percent in volume. Within this product area, electronics and telecommunication increased by 4 percent, while the exports of passenger cars remained unchanged. The exports of industrial machinery increased by 2 percent.
Exports of mineral fuels and electric current increased by 2 percent in volume, following an increase of petroleum products by 5 percent.
Exports of chemical and rubber products increased by 4 percent in volume. Within this product area, exports of organic/inorganic chemicals increased by 2 percent and exports of pharmaceutical products increased by 8 percent.
Exports of minerals increased in volume by 10 percent, following an increase in exports of iron and steel by 16 percent.
Exports of wood and paper products increased by 3 percent. Within the latter product area, exports of wood increased by 5 percent, whereas exports of pulp and waste paper decreased by 4 percent in volume.
The product area for other products increased in volume by 3 percent in the fourth quarter.
Import volume of passenger cars increased
Imports of goods increased by 4.4 percent in volume in the fourth quarter of 2016 compared to the fourth quarter of 2015.
Imports of machinery and transport equipment increased by 4 percent in volume. Within this product area, imports of electronics and telecommunication increased by 4 percent and imports of passenger cars increased by 13 percent. Imports of industrial machinery decreased by 3 percent.
The import volume of mineral fuels and electric current increased by 8 percent in the fourth quarter. Within this product area, the volume of imports increased by 18 percent for petroleum products, while the volume of imports decreased by 3 percent for crude petroleum oils.
Imports of chemical and rubber products increased by 1 percent in volume. Within this product area, the import volume of pharmaceutical products increased by 8 percent, whereas the imports of organic/inorganic chemicals decreased by 7 percent.
Imports of wood and paper products increased by 13 percent and imports of minerals increased by 12 percent in the fourth quarter. Within the latter product area, imports of iron and steel increased by 22 percent, whereas imports of metalliferous ores/metal scrap decreased in volume by 3 percent.
Imports of other products increased by 2 percent in volume. Within this product area, the imports of food, beverages and tobacco remained unchanged, whereas the imports of textiles and footwear increased by 8 percent.
| Change in % against corresponding period last year | |||||
|---|---|---|---|---|---|
| Volume | Volume | Volume | Volume | Value | |
| Year 2015 | 3 q 2016 | 4 q 2016 | 1-4 q 2016 | 1-4 q 2016 | |
| Total | 3.9 | 1.3 | 3.5 | 3.0 | 1.1 |
| Wood and paper products | ‑0.3 | 1.9 | 2.9 | 2.1 | ‑1.1 |
| Wood | 5.6 | 6.2 | 4.9 | 4.2 | ‑0.4 |
| Pulp and waste paper | ‑6.0 | ‑7.1 | ‑4.5 | ‑0.4 | ‑6.7 |
| Paper, paperproducts | ‑1.2 | 2.7 | 4.4 | 2.3 | 0.1 |
| Minerals | ‑0.6 | 3.7 | 9.8 | 7.4 | 1.3 |
| Iron ore and concentrates | .. | .. | .. | .. | 4.2 |
| Iron and steel | 3.0 | 5.5 | 15.5 | 9.2 | 0.1 |
| Non-ferrous metals | ‑0.4 | 2.0 | 6.8 | 3.5 | ‑2.8 |
| Chemicals, rubber products | 6.7 | 4.9 | 3.9 | 3.8 | ‑1.1 |
| Organic/inorganic chemicals | 4.9 | 16.3 | 2.0 | 9.4 | 0.3 |
| Pharmaceuticals products | 13.5 | 2.7 | 7.6 | 2.9 | ‑2.3 |
| Plastics | ‑1.8 | 5.4 | ‑0.5 | 3.7 | 0.6 |
| Mineral fuels, electric current | 1.0 | 1.2 | 2.5 | 6.7 | ‑7.5 |
| Petroleum products | 0.2 | 3.5 | 4.6 | 9.0 | ‑9.2 |
| Machinery, transport equipment | 4.6 | 0.5 | 2.7 | 2.4 | 2.4 |
| Manufactures of metals | 0.9 | ‑0.5 | ‑3.0 | 0.3 | 0.0 |
| Industrial machinery | 3.0 | ‑3.5 | 1.9 | ‑3.0 | ‑2.3 |
| Electronics, telecommunication | ‑0.1 | 3.1 | 3.8 | ‑0.2 | ‑1.6 |
| Road vehicles | 13.6 | 4.4 | 2.0 | 13.0 | 13.1 |
| Passenger cars | 43.9 | ‑12.0 | ‑0.2 | 19.8 | 20.7 |
| Lorries, trucks [1] | ‑0.6 | ‑9.3 | 3.1 | ‑4.8 | ‑4.7 |
| Parts, accessories | 1.3 | 37.6 | 3.0 | 17.9 | 17.4 |
| Other transport equipment | ‑1.5 | ‑16.6 | 31.0 | 5.6 | 8.2 |
| Instruments, photo/optical products | 6.1 | 1.6 | 3.6 | 1.6 | 3.1 |
| Other products | 8.1 | ‑0.4 | 2.7 | 0.3 | 4.7 |
| Food, beverages, tobacco | 8.5 | 2.0 | ‑0.3 | 1.3 | 10.3 |
| Textiles, clothing, footwear | 10.3 | 0.3 | 1.3 | ‑0.2 | 1.3 |
| Furniture | 7.5 | ‑0.8 | 3.1 | ‑0.7 | 0.6 |
[1] Including road tractors for semi-trailers
| Change in % against corresponding period last year | |||||
|---|---|---|---|---|---|
| Volume | Volume | Volume | Volume | Value | |
| Year 2015 | 3 q 2016 | 4 q 2016 | 1-4 q 2016 | 1-4 q 2016 | |
| Total | 5.6 | 3.7 | 4.4 | 5.6 | 3.2 |
| Wood and paper products | ‑1.1 | 11.2 | 13.4 | 9.2 | 6.6 |
| Minerals | 5.1 | 4.4 | 12.0 | 8.7 | 1.8 |
| Iron and steel | 1.8 | 7.1 | 22.1 | 13.4 | 7.1 |
| Non-ferrous metals | ‑2.7 | 4.2 | 7.0 | 9.9 | ‑1.5 |
| Metalliferrous ores, metal scrap | 10.6 | ‑4.2 | ‑2.6 | ‑2.4 | ‑13.4 |
| Chemicals, rubber products | 1.9 | 3.6 | 0.8 | 3.5 | ‑0.8 |
| Organic/inorganic chemicals | ‑5.2 | ‑3.3 | ‑7.2 | ‑5.1 | ‑15.6 |
| Pharmaceuticals products | 12.2 | 11.3 | 8.1 | 10.1 | 11.0 |
| Plastics | ‑0.2 | 3.9 | 0.3 | 4.9 | 0.4 |
| Crude rubber, rubber products | 0.8 | 0.1 | 0.5 | 1.2 | 0.6 |
| Mineral fuels, electric current | 4.7 | 9.9 | 8.5 | 9.9 | ‑5.8 |
| Crude petroleum oils | 11.6 | 5.4 | ‑2.9 | 2.0 | ‑15.0 |
| Petroleum products | ‑0.9 | 17.5 | 18.3 | 17.7 | 0.6 |
| Machinery, transport equipment | 6.0 | 2.9 | 4.3 | 5.9 | 5.0 |
| Manufactures of metals | 6.2 | 1.5 | 5.7 | 5.1 | 3.0 |
| Industrial machinery | 2.2 | ‑4.5 | ‑3.4 | ‑0.4 | ‑0.3 |
| Electronics, telecommunication | 3.7 | 5.8 | 3.8 | 5.5 | 2.5 |
| Road vehicles | 12.4 | 7.9 | 10.3 | 14.5 | 15.0 |
| Passenger cars | 13.4 | 7.4 | 12.6 | 14.6 | 16.3 |
| Parts and accessories | 14.5 | ‑1.4 | ‑0.1 | 9.8 | 8.3 |
| Other transport equipment | ‑1.2 | ‑12.6 | 29.3 | ‑2.6 | ‑1.5 |
| Instruments, photo/optical equip | 12.1 | 0.5 | 0.6 | 1.6 | 2.9 |
| Other products | 8.5 | 2.7 | 1.7 | 3.1 | 5.8 |
| Food, beverages, tobacco | 8.0 | 2.5 | 0.3 | 2.8 | 8.5 |
| Textiles, clothing, footwear | 8.8 | 3.5 | 7.6 | 4.2 | 4.4 |
| Furniture | 16.3 | 3.7 | 5.2 | 2.6 | 2.9 |
Definitions and explanations
Volume changes (value changes in constant prices) are calculated on a quarterly basis and are based on foreign trade statistics’ values in current prices for different product groups, as well as information on price changes mainly taken from Statistics Sweden’s calculations for the export and import price indices. The calculations are based on the total export/import value for different product categories, that is, the values are estimated upwards to account for the undercoverage and non-response that occurs in the statistics on trade with EU countries. The calculations are done as chain indices for the different product areas/total, with the base year 2000 (=100). The volume index is calculated according to Laspeyres’ formula, while the price index is calculated according to Paasche’s formula. Information for the current and the most recent year is regularly revised, depending on revisions of the underlying foreign trade material with values in current prices. Information on price changes may also occasionally be revised.
Publication
This report is published in more detail in the Statistical Report.
Next publishing will be
2017-05-29
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