Exports and imports of goods, January-June 2021/quarter 2 2021, in current prices and in constant prices
Both exports and imports of goods increased in the second quarter
Statistical news from Statistics Sweden 2021-08-27 9.30
In the second quarter 2021, exports of goods increased by 25 percent in value and by 20 percent in volume compared with the same period a year ago. At the same time, imports of goods rose by 25 percent in value and by 20 percent in volume.
Summary
- In the period January–June 2021, the value (in current prices) of Swedish exports of goods amounted to SEK 791 billion, an increase of 10 percent compared with the same period a year ago. At the same time, the value of imports of goods increased by 13 percent and amounted to SEK 763 billion.
- In the period January–June 2021, exports of goods increased by 9 percent in volume (in constant prices), and imports of goods increased by 13 percent.
- Net trade shows a surplus of SEK 28 billion in the period January–June 2021. In the same period in 2020, there was a net trade surplus of SEK 41 billion.
- In the second quarter of 2021, Swedish exports of goods increased by 25 percent in value, and in terms of volume exports of goods increased by 20 percent, compared with the same period a year ago. Imports of goods increased by 25 percent in value, and in terms of volume they increased by 20 percent.
- Compared with the previous quarter, Swedish exports of goods increased by 7 percent in value and by 2 percent in volume. At the same time, imports of goods increased by 7 percent in value and by 3 percent in volume.
It is worth noting that the impact of the pandemic on foreign trade in goods, both in total and for certain commodity groups could be clearly seen from April 2020, which has resulted in strong growth figures.
Detailed information about January–June 2021 (current prices)
Exports of goods to the United Kingdom increased by 26 percent
Both Sweden’s exports of goods to EU27 and imports of goods from there increased by 15 percent compared with the same period a year ago. Exports to the euro countries rose by 13 percent, and imports from there increased by 15 percent. Among the EU countries, exports to Germany increased by 8 percent, to Denmark by 15 percent and to Finland by 10 percent. Imports from Germany increased by 12 percent, from Denmark by 14 percent and from Finland by 5 percent.
Exports to other European countries increased by 15 percent, and imports from there increased by 10 percent. Exports to the United Kingdom rose by 26 percent, while imports from there fell by 15 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, and mineral fuels/electric current accounted for the largest decrease from the United Kingdom. Exports to Norway increased by 12 percent, and imports from there increased by 20 percent. Exports to Russia rose by 22 percent, while imports from there fell by 6 percent. During the period, exports of machinery and transport equipment accounted for the largest increase to Russia.
Exports to Asia fell by 7 percent, while imports from there increased by 8 percent. Exports to China decreased by 16 percent, while imports from there increased by 10 percent. During the period, exports of pharmaceutical products accounted for the largest decrease to China.
Exports to the United States increased by 10 percent, while imports from there decreased by 5 percent.
Exports of road vehicles increased by 31 percent
Exports of machinery and transport equipment increased by 15 percent. Within this product area, exports of road vehicles increased by 31 percent. Exports of minerals increased by 20 percent. Within this product area, exports of iron ore rose by 42 percent. Exports of wood and paper products increased by 7 percent, and mineral fuels and electric current increased by 44 percent. Exports of chemicals and rubber products fell by 11 percent. Within this product area, exports of pharmaceutical products decreased by 31 percent. Within the other products area, textiles/clothing/footwear increased by 10 percent.
Imports of minerals increased by 26 percent
Imports of machinery and transport equipment increased by 18 percent. Within this product area, imports of passenger cars rose by 47 percent. Imports of minerals increased by 26 percent. Imports of wood and paper products remained the same, while imports of chemicals and rubber products rose by 4 percent. Imports of mineral fuels and electric current increased by 18 percent, and imports of other products rose by 4 percent.
Detailed information about the second quarter 2021 (in current prices and in constant prices)
Exports of minerals increased by 32 percent in value and by 9 percent in volume
In the second quarter of 2021, Sweden’s exports of goods increased by 25 percent in value and by 20 percent in volume, compared with the corresponding period a year ago.
Exports of machinery and transport equipment increased by 34 percent in value and by 42 percent in volume. Within this product area, exports of passenger cars increased by 90 percent in value, and by 108 percent in volume. Exports of mineral fuels and electric current increased by 118 percent in value, while they decreased by 1 percent in volume. The large difference between value and volume development is due to higher prices for oil products. Minerals increased by 32 percent in value and by 9 percent in volume. Chemical and rubber products decreased by 3 percent in value, while they increased by 1 percent in volume. Within this product area, exports of pharmaceutical products decreased by 26 percent in value and by 17 percent in volume. Exports of wood and paper products increased by 17 percent in value and by 3 percent in volume. Within the other products area, exports of food/beverages/tobacco increased by 8 percent in value and by 6 percent in volume. At the same time textiles/clothing/footwear increased by 15 percent in value and by 17 percent in volume.
Imports of passenger cars increased by 99 percent in value and by 97 percent in volume
In the second quarter of 2021, Sweden’s imports of goods increased by 25 percent in value and by 20 percent in volume compared with the corresponding period a year ago.
Imports of machinery and transport equipment increased by 30 percent in value and by 37 percent in volume. Within this product area, imports of passenger cars increased by 99 percent in value and by 97 percent in volume. Imports of mineral fuels and electric current increased by 56 percent in value, while they decreased by 8 percent in volume. Within this product area, imports of crude petroleum oils increased by 115 percent in value and by 3 percent in volume. The large difference between the value and volume development is due to higher crude oil prices. Imports of chemicals and rubber products increased by 10 percent in value and by 6 percent in volume. Within this product area, imports of pharmaceutical products decreased by 1 percent in value, while they increased by 5 percent in volume. Imports of wood and paper products increased by 7 percent both in value and volume. Minerals increased by 46 percent in value and by 27 percent in volume. Within the other products area, imports of textiles/clothing/footwear increased by 24 percent in value and by 36 percent in volume.
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 second 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 compared with the previous quarter and also compared with the level of the volume index in the second quarter 2020.
The value index for imports of goods increased in the second quarter 2021 and is slightly higher than the level of the value index average for 2020. Import prices are slightly higher than in the previous quarter. The volume index has increased compared with the previous quarter, and is slightly higher than the corresponding quarter a year ago.
| Exports | Imports | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Value (current prices) | Value (current prices) | ||||||||
| Region | January-June | Share in % | Change in % | January-June | Share in % | Change in % | |||
| 2021 | 2020 | 2021 | 2021/2020 | 2021 | 2020 | 2021 | 2021/2020 | ||
| Total | 791 060 | 718 258 | 100.0 | 10 | 763 465 | 676 949 | 100.0 | 13 | |
| Europe | 583 142 | 508 158 | 73.7 | 15 | 648 114 | 568 966 | 84.9 | 14 | |
| EU27_2020 | 423 063 | 368 908 | 53.5 | 15 | 520 048 | 452 011 | 68.1 | 15 | |
| EMU-19 | 316 744 | 280 339 | 40.0 | 13 | 404 866 | 352 919 | 53.0 | 15 | |
| EU28 | 466 919 | 403 718 | 59.0 | 16 | 544 930 | 481 419 | 71.4 | 13 | |
| Other European countries | 160 079 | 139 250 | 20.2 | 15 | 128 066 | 116 955 | 16.8 | 10 | |
| Africa | 13 124 | 13 793 | 1.7 | ‑5 | 5 065 | 4 050 | 0.7 | 25 | |
| North Africa | 6 877 | 7 625 | 0.9 | ‑10 | 2 226 | 856 | 0.3 | 160 | |
| West Africa | 1 428 | 1 669 | 0.2 | ‑14 | 1 791 | 2 126 | 0.2 | ‑16 | |
| Central, East and Southern Africa | 4 819 | 4 499 | 0.6 | 7 | 1 047 | 1 068 | 0.1 | ‑2 | |
| America | 88 448 | 81 666 | 11.2 | 8 | 28 726 | 28 010 | 3.8 | 3 | |
| North America | 74 537 | 68 292 | 9.4 | 9 | 22 743 | 23 605 | 3.0 | ‑4 | |
| Central and South America | 13 910 | 13 374 | 1.8 | 4 | 5 983 | 4 405 | 0.8 | 36 | |
| Asia | 95 300 | 102 451 | 12.0 | ‑7 | 79 940 | 73 892 | 10.5 | 8 | |
| Middle- and Near East | 14 756 | 15 899 | 1.9 | ‑7 | 1 725 | 3 397 | 0.2 | ‑49 | |
| Other countries in Asia | 80 543 | 86 553 | 10.2 | ‑7 | 78 215 | 70 495 | 10.2 | 11 | |
| Oceania and Antarctica | 8 463 | 10 242 | 1.1 | ‑17 | 1 283 | 1 353 | 0.2 | ‑5 | |
| 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-June 2021 | January-June 2020 | January-June 2021 | Q1-2 2021/Q1-2 2020 | Q1-2 2021/Q1-2 2020 | Q2 2021/Q2 2020 | Q2 2021/Q2 2020 | |
| Total | 791 060 | 718 258 | 100.0 | 10 | 9 | 25 | 20 | |
| Wood and paper products | 80 675 | 75 325 | 10.2 | 7 | ‑1 | 17 | 3 | |
| Wood | 23 249 | 17 266 | 2.9 | 35 | ‑8 | 55 | ‑4 | |
| Pulp and waste paper | 13 489 | 12 345 | 1.7 | 9 | 2 | 16 | 0 | |
| Paper, paperproducts | 40 087 | 42 291 | 5.1 | ‑5 | 0 | 0 | 6 | |
| Minerals | 88 779 | 74 240 | 11.2 | 20 | 4 | 32 | 9 | |
| Iron ore and concentrates | 19 166 | 13 519 | 2.4 | 42 | 3 | 56 | 8 | |
| Iron and steel | 34 570 | 31 274 | 4.4 | 11 | 4 | 23 | 11 | |
| Non-ferrous metals | 17 775 | 13 635 | 2.2 | 30 | 9 | 48 | 18 | |
| Chemicals, rubber products | 113 808 | 127 473 | 14.4 | ‑11 | ‑4 | ‑3 | 1 | |
| Organic/inorganic chemicals | 11 474 | 9 786 | 1.5 | 17 | 18 | 30 | 24 | |
| Pharmaceuticals products | 49 963 | 72 710 | 6.3 | ‑31 | ‑22 | ‑26 | ‑17 | |
| Plastics | 20 923 | 17 557 | 2.6 | 19 | 13 | 33 | 18 | |
| Mineral fuels, electric current | 51 244 | 35 519 | 6.5 | 44 | ‑2 | 118 | ‑1 | |
| Petroleum products | 39 740 | 31 211 | 5.0 | 27 | ‑5 | 104 | 12 | |
| Machinery, transport equipment | 349 880 | 304 624 | 44.2 | 15 | 22 | 34 | 42 | |
| Manufactures of metals | 21 624 | 18 946 | 2.7 | 14 | 16 | 28 | 28 | |
| Industrial machinery | 114 935 | 105 049 | 14.5 | 9 | 13 | 22 | 27 | |
| Electronics, telecommunication | 80 041 | 74 386 | 10.1 | 8 | 15 | 17 | 26 | |
| Road vehicles | 110 740 | 84 402 | 14.0 | 31 | 44 | 87 | 100 | |
| Passenger cars | 58 292 | 45 681 | 7.4 | 28 | 46 | 90 | 108 | |
| Lorries, trucks[1] | 15 815 | 10 468 | 2.0 | 51 | 59 | 132 | 137 | |
| Parts, accessories | 28 712 | 22 173 | 3.6 | 29 | 35 | 72 | 79 | |
| Other transport equipment | 3 922 | 4 600 | 0.5 | ‑15 | ‑8 | ‑43 | ‑38 | |
| Instruments, photo/optical products | 18 618 | 17 241 | 2.4 | 8 | 17 | 14 | 25 | |
| Other products | 106 675 | 101 076 | 13.5 | 6 | 7 | 13 | 13 | |
| Food, beverages, tobacco | 48 440 | 47 749 | 6.1 | 1 | 2 | 8 | 6 | |
| Textiles, clothing, footwear | 21 770 | 19 714 | 2.8 | 10 | 12 | 15 | 17 | |
| Furniture | 10 363 | 9 496 | 1.3 | 9 | 12 | 20 | 22 | |
| 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-June 2021 | January-June 2020 | January-June 2021 | Q1-2 2021/Q1-2 2020 | Q1-2 2021/Q1-2 2020 | Q2 2021/Q2 2020 | Q2 2021/Q2 2020 | |
| Total | 763 465 | 676 949 | 100.0 | 13 | 13 | 25 | 20 | |
| Wood and paper products | 20 229 | 20 133 | 2.6 | 0 | 2 | 7 | 7 | |
| Minerals | 63 921 | 50 694 | 8.4 | 26 | 14 | 46 | 27 | |
| Iron and steel | 26 143 | 20 909 | 3.4 | 25 | 13 | 57 | 36 | |
| Non-ferrous metals | 13 577 | 9 981 | 1.8 | 36 | 18 | 60 | 32 | |
| Metalliferrous ores, metal scrap | 10 966 | 7 586 | 1.4 | 45 | 11 | 48 | 6 | |
| Chemicals, rubber products | 98 108 | 94 123 | 12.9 | 4 | 4 | 10 | 6 | |
| Organic/inorganic chemicals | 17 589 | 18 603 | 2.3 | ‑5 | ‑8 | ‑2 | ‑12 | |
| Pharmaceuticals products | 26 410 | 27 041 | 3.5 | ‑2 | 5 | ‑1 | 5 | |
| Plastics | 19 905 | 17 671 | 2.6 | 13 | 1 | 29 | 7 | |
| Crude rubber, rubber products | 8 726 | 7 605 | 1.1 | 15 | 23 | 30 | 38 | |
| Mineral fuels, electric current | 67 354 | 57 104 | 8.8 | 18 | ‑10 | 56 | ‑8 | |
| Crude petroleum oils | 36 166 | 27 810 | 4.7 | 30 | ‑9 | 115 | 3 | |
| Petroleum products | 23 311 | 24 510 | 3.1 | ‑5 | ‑14 | 8 | ‑19 | |
| Machinery, transport equipment | 344 622 | 292 002 | 45.1 | 18 | 24 | 30 | 37 | |
| Manufactures of metals | 26 152 | 23 211 | 3.4 | 13 | 15 | 24 | 27 | |
| Industrial machinery | 82 699 | 73 503 | 10.8 | 13 | 17 | 25 | 30 | |
| Electronics, telecommunication | 122 511 | 106 279 | 16.0 | 15 | 25 | 19 | 31 | |
| Road vehicles | 89 301 | 66 581 | 11.7 | 34 | 35 | 72 | 74 | |
| Passenger cars | 46 436 | 31 487 | 6.1 | 47 | 46 | 99 | 97 | |
| Parts and accessories | 28 385 | 22 864 | 3.7 | 24 | 30 | 65 | 74 | |
| Other transport equipment | 3 910 | 4 361 | 0.5 | ‑10 | ‑4 | ‑19 | ‑14 | |
| Instruments, photo/optical equip | 20 049 | 18 068 | 2.6 | 11 | 16 | 20 | 26 | |
| Other products | 169 230 | 162 893 | 22.2 | 4 | 10 | 10 | 14 | |
| Food, beverages, tobacco | 77 517 | 81 122 | 10.2 | ‑4 | 1 | 1 | 2 | |
| Textiles, clothing, footwear | 41 381 | 36 301 | 5.4 | 14 | 24 | 24 | 36 | |
| Furniture | 13 864 | 12 251 | 1.8 | 13 | 17 | 21 | 25 | |
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.
Publication
This report is published in more detail in the statistical report:
Foreign trade – Exports and imports of goods January–June 2021 (pdf)
Next publishing will be
2021-11-29 at 09:30.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.