Exports and imports of goods, January-December 2021/quarter 4 2021, in current prices and in constant prices
Strong foreign trade in goods in fourth quarter
Statistical news from Statistics Sweden 2022-02-28 8.00
In the fourth quarter 2021, exports of goods increased by 19 percent in value and by 5 percent in volume compared with the same period a year ago. At the same time, imports of goods rose by 22 percent in value and by 9 percent in volume.
Summary
- In the period January–December 2021, the value (in current prices) of Swedish exports of goods amounted to SEK 1 628 billion, an increase of 14 percent compared with the same period a year ago. At the same time, the value of imports of goods increased by 17 percent and amounted to SEK 1 604 billion.
- In the period January–December 2021, exports of goods increased by 7 percent in volume (in constant prices), and imports of goods increased by 11 percent.
- Net trade shows a surplus of SEK 24 billion in the period January–December 2021. In the same period in 2020, there was a net trade surplus of SEK 51 billion.
- In the fourth quarter of 2021, Swedish exports of goods increased by 19 percent in value, and in terms of volume exports of goods increased by 5 percent, compared with the same period a year ago. Imports of goods increased by 22 percent in value, and in terms of volume they increased by 9 percent.
- Compared with the previous quarter, Swedish exports of goods increased by 15 percent in value and by13 percent in volume. At the same time, imports of goods increased by 16 percent in value and by 13 percent in volume.
Detailed information about January–December 2021 (current prices)
Imports of goods from Norway increased by 30 percent
Sweden’s exports of goods to EU27 increased by 18 percent, and imports from there increased by 15 percent compared with the same period a year ago. Exports to the euro countries rose by 16 percent, and imports from there increased by 14 percent. Among the EU countries, exports to Germany increased by 12 percent, to Denmark by 17 percent and to Finland by 15 percent. Imports from Germany increased by 10 percent, from Denmark by 20 percent and from Finland by 13 percent.
Exports to other European countries increased by 18 percent, and imports from there increased by 21 percent. Exports to the United Kingdom rose by 25 percent, while imports from there fell by 8 percent. During the period, exports of wood and petroleum products accounted for the largest increase to the United Kingdom. Imports of chemicals and rubber products accounted for the largest decrease from the United Kingdom. Exports to Norway increased by 15 percent, and imports from there increased by 30 percent. In the period, exports of mineral fuels/electric current and machinery/transport equipment accounted for the largest increase to Norway. At the same time, imports of crude petroleum oils and minerals accounted for the largest increase from Norway. Exports to Russia rose by 21 percent, and imports from there rose by 48 percent. In the period, exports of machinery and transport equipment accounted for the largest increase to Russia. At the same time, imports of crude petroleum oils accounted for the largest increase from Russia.
Exports to Asia fell by 1 percent, while imports from there increased by 22 percent. Exports to China decreased by 14 percent, while imports from there increased by 29 percent. In the period, exports of pharmaceutical products accounted for the largest decrease to China, while imports of machinery and transport equipment accounted for the largest increase from there.
Both exports to and imports from the United States increased by 14 percent.
Exports of mineral fuels and electric current increased by 73 percent
Exports of machinery and transport equipment increased by 9 percent. Within this product area, exports of road vehicles increased by 11 percent. Exports of minerals increased by 29 percent. Within this product area, exports of iron ore rose by 43 percent. Exports of wood and paper products increased by 16 percent, and mineral fuels and electric current increased by 73 percent. Exports of chemicals and rubber products rose by 5 percent. Within the other products area, textiles/clothing/footwear increased by 10 percent.
Imports of minerals increased by 40 percent
Imports of machinery and transport equipment increased by 14 percent. Within this product area, imports of passenger cars rose by 12 percent. Imports of minerals increased by 40 percent. Imports of wood and paper products increased by 10 percent, and imports of chemicals and rubber products rose by 12 percent. Imports of mineral fuels and electric current increased by 46 percent. Within this product area, imports of crude petroleum oils rose by 55 percent. Imports of other products rose by 8 percent.
Detailed information about the fourth quarter 2021 (in current prices and in constant prices)
Exports of mineral fuels and electric current increased by 112 percent in value and by 7 percent in volume
In the fourth quarter of 2021, Sweden’s exports of goods increased by 19 percent in value and by 5 percent in volume, compared with the corresponding period a year ago.
Exports of machinery and transport equipment increased by 5 percent in value and by 2 percent in volume. Within this product area, exports of passenger cars decreased by 15 percent in value and by 19 percent in volume. Exports of mineral fuels and electric current rose by 112 percent in value and by 7 percent in volume. The large difference between value and volume development is due to higher prices for oil products. Minerals increased by 36 percent in value and by 5 percent in volume. Chemical and rubber products rose by 32 percent in value and by 22 percent in volume. Within this product area, exports of pharmaceutical products increased by 31 percent in value and by 28 percent in volume. Exports of wood and paper products rose by 20 percent in value, while they fell by 5 percent in volume. Within the other products area, exports of food/beverages/tobacco increased by 13 percent in value while they decreased by 1 percent in volume.
Imports of minerals increased by 57 percent in value and by 16 percent in volume
In the fourth quarter of 2021, Sweden’s imports of goods increased by 22 percent in value and by 9 percent in volume compared with the corresponding period a year ago.
Imports of machinery and transport equipment increased by 12 percent in value and by 10 percent in volume. Within this product area, imports of passenger cars fell by 5 percent in value and by 8 percent in volume. Imports of mineral fuels and electric current rose by 80 percent in value while they fell by 3 percent in volume. Within this product area, imports of crude petroleum oils increased by 70 percent in value while they remained the same in volume. The large difference between the value and volume development is due to higher crude oil prices. Imports of chemicals and rubber products rose by 20 percent in value and by 4 percent in volume. Imports of wood and paper products increased by 23 percent in value and by 8 percent in volume. Minerals rose by 57 percent in value and by 16 percent in volume. Within the other products area, imports of food/beverages/tobacco increased by 15 percent in value and by 2 percent in volume.
Value and volume trends
The value index and the volume index describe nominal and real value trends over time. The real value trends describe trends in which price changes have been removed. The indices are chain indices with base year 2015=100.
The value index for exports of goods in the fourth quarter 2021 has increased compared to the previous quarter, and is higher than the average for 2020. Export prices have increased slightly since the previous quarter. The volume index has increased as well compared with the previous quarter, and is at a higher level than the volume index of the same quarter in 2020.
The value index for exports of goods in the fourth quarter 2021 has increased compared to the previous quarter, and is higher than the average for 2020. Export prices have increased slightly since the previous quarter. The volume index has increased as well compared with the previous quarter, and is at a higher level than the volume index of the same quarter in 2020.
The value index for imports of goods increased in the fourth quarter 2021 compared to the previous quarter, and is higher than any previous period since 2015. Import prices are slightly higher than in the previous quarter. The volume index has increased compared with the previous quarter, and is at a higher level than the volume index of the same quarter in 2020.
| Exports | Imports | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Value (current prices) | Value (current prices) | ||||||||
| Region | January-December | Share in % | Change in % | January-December | Share in % | Change in % | |||
| 2021 | 2020 | 2021 | 2021/2020 | 2021 | 2020 | 2021 | 2021/2020 | ||
| Total | 1 627 976 | 1 427 008 | 100.0 | 14 | 1 604 433 | 1 376 388 | 100.0 | 17 | |
| Europe | 1 211 017 | 1 028 616 | 74.4 | 18 | 1 346 936 | 1 162 690 | 84.0 | 16 | |
| EU27_2020 | 874 916 | 744 267 | 53.7 | 18 | 1 067 824 | 931 411 | 66.6 | 15 | |
| EMU-19 | 650 882 | 561 324 | 40.0 | 16 | 828 659 | 726 416 | 51.6 | 14 | |
| EU28 | 966 570 | 817 735 | 59.4 | 18 | 1 122 859 | 991 272 | 70.0 | 13 | |
| Other European countries | 336 101 | 284 349 | 20.6 | 18 | 279 112 | 231 278 | 17.4 | 21 | |
| Africa | 27 608 | 27 470 | 1.7 | 1 | 10 764 | 8 019 | 0.7 | 34 | |
| North Africa | 14 260 | 15 087 | 0.9 | ‑5 | 4 602 | 1 858 | 0.3 | 148 | |
| West Africa | 3 017 | 3 296 | 0.2 | ‑8 | 3 849 | 3 978 | 0.2 | ‑3 | |
| Central, East and Southern Africa | 10 330 | 9 088 | 0.6 | 14 | 2 314 | 2 182 | 0.1 | 6 | |
| America | 177 860 | 158 366 | 10.9 | 12 | 62 664 | 53 160 | 3.9 | 18 | |
| North America | 148 967 | 131 802 | 9.2 | 13 | 50 278 | 43 989 | 3.1 | 14 | |
| Central and South America | 28 893 | 26 564 | 1.8 | 9 | 12 386 | 9 171 | 0.8 | 35 | |
| Asia | 189 292 | 190 623 | 11.6 | ‑1 | 180 750 | 148 455 | 11.3 | 22 | |
| Middle- and Near East | 29 363 | 29 114 | 1.8 | 1 | 4 066 | 5 426 | 0.3 | ‑25 | |
| Other countries in Asia | 159 929 | 161 510 | 9.8 | ‑1 | 176 684 | 143 029 | 11.0 | 24 | |
| Oceania and Antarctica | 16 421 | 17 736 | 1.0 | ‑7 | 2 977 | 3 160 | 0.2 | ‑6 | |
| Exports | ||||||||
|---|---|---|---|---|---|---|---|---|
| Value (current prices) | Value (current prices) | Volume (value in constant prices) | Value (current prices) | Volume (value in constant prices) | ||||
| Share in % | Change in % | Change in % | Change in % | Change in % | ||||
| Commodity group according to SITC | January-December 2021 | January-December 2020 | January-December 2021 | Q1-4 2021/Q1-4 2020 | Q1-4 2021/Q1-4 2020 | Q4 2021/Q4 2020 | Q4 2021/Q4 2020 | |
| Total | 1 627 976 | 1 427 008 | 100.0 | 14 | 7 | 19 | 5 | |
| Wood and paper products | 166 880 | 144 124 | 10.3 | 16 | ‑2 | 20 | ‑5 | |
| Wood | 49 482 | 33 883 | 3.0 | 46 | ‑12 | 35 | ‑21 | |
| Pulp and waste paper | 27 316 | 23 161 | 1.7 | 18 | ‑3 | 24 | ‑11 | |
| Paper, paperproducts | 82 263 | 80 330 | 5.1 | 2 | 2 | 11 | 2 | |
| Minerals | 187 158 | 144 753 | 11.5 | 29 | 5 | 36 | 5 | |
| Iron ore and concentrates | 40 549 | 28 389 | 2.5 | 43 | 5 | 38 | 16 | |
| Iron and steel | 71 971 | 56 123 | 4.4 | 28 | 5 | 44 | ‑3 | |
| Non-ferrous metals | 38 053 | 28 000 | 2.3 | 36 | 13 | 43 | 18 | |
| Chemicals, rubber products | 232 079 | 220 699 | 14.3 | 5 | 6 | 32 | 22 | |
| Organic/inorganic chemicals | 23 780 | 18 131 | 1.5 | 31 | 19 | 58 | 22 | |
| Pharmaceuticals products | 100 356 | 115 058 | 6.2 | ‑13 | ‑6 | 31 | 28 | |
| Plastics | 43 592 | 33 168 | 2.7 | 31 | 16 | 40 | 15 | |
| Mineral fuels, electric current | 119 548 | 69 232 | 7.3 | 73 | 4 | 112 | 7 | |
| Petroleum products | 91 065 | 58 541 | 5.6 | 56 | 1 | 91 | 6 | |
| Machinery, transport equipment | 696 294 | 636 578 | 42.8 | 9 | 12 | 5 | 2 | |
| Manufactures of metals | 43 163 | 37 148 | 2.7 | 16 | 13 | 17 | 8 | |
| Industrial machinery | 225 118 | 205 892 | 13.8 | 9 | 9 | 12 | 8 | |
| Electronics, telecommunication | 170 425 | 158 800 | 10.5 | 7 | 11 | 6 | 7 | |
| Road vehicles | 211 163 | 190 770 | 13.0 | 11 | 14 | ‑5 | ‑8 | |
| Passenger cars | 108 850 | 105 196 | 6.7 | 3 | 8 | ‑15 | ‑19 | |
| Lorries, trucks[1] | 31 843 | 24 280 | 2.0 | 31 | 31 | 10 | 5 | |
| Parts, accessories | 54 520 | 49 121 | 3.3 | 11 | 13 | 1 | 1 | |
| Other transport equipment | 8 347 | 8 249 | 0.5 | 1 | 5 | 8 | 5 | |
| Instruments, photo/optical products | 38 078 | 35 719 | 2.3 | 7 | 11 | 6 | 5 | |
| Other products | 226 016 | 211 622 | 13.9 | 7 | 4 | 11 | 3 | |
| Food, beverages, tobacco | 103 720 | 97 726 | 6.4 | 6 | 1 | 13 | ‑1 | |
| Textiles, clothing, footwear | 46 631 | 42 466 | 2.9 | 10 | 10 | 16 | 15 | |
| Furniture | 21 226 | 19 847 | 1.3 | 7 | 7 | 8 | 4 | |
| Imports | ||||||||
|---|---|---|---|---|---|---|---|---|
| Value (current prices) | Value (current prices) | Volume (value in constant prices) | Value (current prices) | Volume (value in constant prices) | ||||
| Share in % | Change in % | Change in % | Change in % | Change in % | ||||
| Commodity group according to SITC | January-December 2021 | January-December 2020 | January-December 2021 | Q1-4 2021/Q1-4 2020 | Q1-4 2021/Q1-4 2020 | Q4 2021/Q4 2020 | Q4 2021/Q4 2020 | |
| Total | 1 604 433 | 1 376 388 | 100.0 | 17 | 11 | 22 | 9 | |
| Wood and paper products | 42 433 | 38 449 | 2.6 | 10 | 5 | 23 | 8 | |
| Minerals | 136 246 | 97 266 | 8.5 | 40 | 15 | 57 | 16 | |
| Iron and steel | 59 438 | 39 141 | 3.7 | 52 | 17 | 86 | 21 | |
| Non-ferrous metals | 29 115 | 19 419 | 1.8 | 50 | 21 | 59 | 17 | |
| Metalliferrous ores, metal scrap | 21 209 | 14 761 | 1.3 | 44 | 8 | 46 | 7 | |
| Chemicals, rubber products | 203 994 | 182 728 | 12.7 | 12 | 5 | 20 | 4 | |
| Organic/inorganic chemicals | 39 259 | 37 224 | 2.4 | 5 | ‑9 | 16 | ‑17 | |
| Pharmaceuticals products | 52 492 | 51 245 | 3.3 | 2 | 8 | 10 | 14 | |
| Plastics | 41 269 | 32 677 | 2.6 | 26 | 7 | 43 | 15 | |
| Crude rubber, rubber products | 17 892 | 15 584 | 1.1 | 15 | 17 | 14 | 10 | |
| Mineral fuels, electric current | 156 763 | 107 567 | 9.8 | 46 | ‑5 | 80 | ‑3 | |
| Crude petroleum oils | 81 252 | 52 321 | 5.1 | 55 | 1 | 70 | 0 | |
| Petroleum products | 52 604 | 43 522 | 3.3 | 21 | ‑9 | 60 | ‑4 | |
| Machinery, transport equipment | 705 010 | 618 480 | 43.9 | 14 | 16 | 12 | 10 | |
| Manufactures of metals | 54 461 | 46 170 | 3.4 | 18 | 13 | 28 | 13 | |
| Industrial machinery | 167 241 | 144 422 | 10.4 | 16 | 17 | 22 | 19 | |
| Electronics, telecommunication | 262 016 | 229 479 | 16.3 | 14 | 19 | 12 | 12 | |
| Road vehicles | 168 734 | 152 396 | 10.5 | 11 | 10 | ‑3 | ‑5 | |
| Passenger cars | 86 420 | 77 047 | 5.4 | 12 | 10 | ‑5 | ‑8 | |
| Parts and accessories | 53 466 | 49 017 | 3.3 | 9 | 11 | ‑6 | ‑7 | |
| Other transport equipment | 11 696 | 8 683 | 0.7 | 35 | 38 | 76 | 72 | |
| Instruments, photo/optical equip | 40 861 | 37 329 | 2.5 | 9 | 11 | 8 | 6 | |
| Other products | 359 988 | 331 898 | 22.4 | 8 | 9 | 16 | 9 | |
| Food, beverages, tobacco | 164 584 | 159 412 | 10.3 | 3 | 2 | 15 | 2 | |
| Textiles, clothing, footwear | 87 691 | 78 669 | 5.5 | 11 | 16 | 12 | 10 | |
| Furniture | 28 247 | 24 423 | 1.8 | 16 | 15 | 20 | 13 | |
Definitions and explanations
The United Kingdom’s withdrawal from the European Union has led to the replacement of the former EU28 group in the country tables for foreign trade in goods with the EU27_2020 group. This change applies to country tables with data reported as from January 2020. The cutoff point is January 2020, rather than the actual withdrawal month February 2020, since the values in the tables are based on accumulated periods starting from January. In this text, the term EU27 is used.
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2022-05-30 at 08:00.
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