Exports and imports of goods, January-September 2021/quarter 3 2021, in current prices and in constant prices
Stronger trade in goods in value than in volume in the third quarter
Statistical news from Statistics Sweden 2021-11-29 9.30
In the third quarter 2021, exports of goods increased by 17 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 18 percent in value and by 8 percent in volume.
Summary
- In the period January–September 2021, the value (in current prices) of Swedish exports of goods amounted to SEK 1 181 billion, an increase of 12 percent compared with the same period a year ago. At the same time, the value of imports of goods increased by 14 percent and amounted to SEK 1 151 billion.
- In the period January–September 2021, exports of goods increased by 8 percent in volume (in constant prices), and imports of goods increased by 11 percent.
- Net trade shows a surplus of SEK 30 billion in the period January–September 2021. In the same period in 2020, there was a net trade surplus of SEK 44 billion.
- In the third quarter of 2021, Swedish exports of goods increased by 17 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 18 percent in value, and in terms of volume they increased by 8 percent.
- Compared with the previous quarter, Swedish exports of goods decreased by 5 percent in value and by 9 percent in volume. At the same time, imports of goods decreased by 2 percent in value and by 5 percent in volume.
Detailed information about January–September 2021 (current prices)
Exports of goods to the United Kingdom increased by 30 percent
Sweden’s exports of goods to EU27 increased by 16 percent, and imports from there increased by 15 percent compared with the same period a year ago. Exports to the euro countries rose by 15 percent, and imports from there increased by 14 percent. Among the EU countries, exports to Germany increased by 12 percent, to Denmark by 15 percent and to Finland by 13 percent. Imports from Germany increased by 10 percent, from Denmark by 17 percent and from Finland by 7 percent.
Exports to other European countries increased by 18 percent, and imports from there increased by 15 percent. Exports to the United Kingdom rose by 30 percent, while imports from there fell by 14 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 13 percent, and imports from there increased by 24 percent. Exports to Russia rose by 21 percent, and imports from there rose by 30 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 5 percent, while imports from there increased by 13 percent. Exports to China decreased by 19 percent, while imports from there increased by 16 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.
Exports to the United States increased by 12 percent, while imports from there decreased by 5 percent.
Exports of minerals increased by 27 percent
Exports of machinery and transport equipment increased by 11 percent. Within this product area, exports of road vehicles increased by 18 percent. Exports of minerals increased by 27 percent. Within this product area, exports of iron ore rose by 45 percent. Exports of wood and paper products increased by 15 percent, and mineral fuels and electric current increased by 59 percent. Exports of chemicals and rubber products fell by 2 percent. Within this product area, exports of pharmaceutical products decreased by 23 percent. Within the other products area, textiles/clothing/footwear increased by 7 percent.
Imports of crude petroleum oils increased by 50 percent
Imports of machinery and transport equipment increased by 15 percent. Within this product area, imports of passenger cars rose by 20 percent. Imports of minerals increased by 34 percent. Imports of wood and paper products increased by 6 percent, and imports of chemicals and rubber products rose by 9 percent. Imports of mineral fuels and electric current increased by 34 percent. Within this product area, imports of crude petroleum oils rose by 50 percent. Imports of other products rose by 6 percent.
Detailed information about the third quarter 2021 (in current prices and in constant prices)
Exports of minerals increased by 44 percent in value and by 9 percent in volume
In the third quarter of 2021, Sweden’s exports of goods increased by 17 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 4 percent in value and by 3 percent in volume. Within this product area, exports of passenger cars decreased by 16 percent in both value and volume. Exports of mineral fuels and electric current rose by 92 percent in value and by 12 percent in volume. The large difference between value and volume development is due to higher prices for oil products. Minerals increased by 44 percent in value and by 9 percent in volume. Chemical and rubber products rose by 21 percent in value and by 15 percent in volume. Within this product area, exports of plastics increased by 50 percent in value and by 24 percent in volume. Exports of wood and paper products rose by 31 percent in value, while they remained the same in volume. Within the other products area, exports of food/beverages/tobacco increased by 8 percent in value and by 1 percent in volume.
Imports of passenger cars decreased by 16 percent in value and by 18 percent in volume
In the third quarter of 2021, Sweden’s imports of goods increased by 18 percent in value and by 8 percent in volume compared with the corresponding period a year ago.
Imports of machinery and transport equipment increased by 9 percent in value and by 8 percent in volume. Within this product area, imports of passenger cars fell by 16 percent in value and by 18 percent in volume. Imports of mineral fuels and electric current rose by 70 percent in value and by 3 percent in volume. Within this product area, imports of crude petroleum oils increased by 98 percent in value and by 24 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 rose by 18 percent in value and by 7 percent in volume. Within this product area, imports of plastics increased by 43 percent in value and by 14 percent in volume. Imports of wood and paper products increased by 19 percent in value and by 8 percent in volume. Minerals rose by 54 percent in value and by 18 percent in volume. Within the other products area, imports of food/beverages/tobacco increased by 8 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 third quarter 2021 has decreased compared to the previous quarter, but is higher than the average for 2020. Export prices have increased slightly since the previous quarter. The volume index has decreased compared with the previous quarter, but increased compared with the volume index in the third quarter of 2020.
The value index for imports of goods decreased in the third quarter 2021 compared to the previous quarter, but is slightly higher than the value index of the third quarter of 2020. Import prices are slightly higher than in the previous quarter. The volume index has decreased compared with the previous quarter, but is slightly higher than the corresponding quarter a year ago.
Exports | Imports | ||||||||
---|---|---|---|---|---|---|---|---|---|
Value (current prices) | Value (current prices) | ||||||||
Region | January-September | Share in % | Change in % | January-September | Share in % | Change in % | |||
2021 | 2020 | 2021 | 2021/2020 | 2021 | 2020 | 2021 | 2021/2020 | ||
Total | 1 181 141 | 1 050 485 | 100.0 | 12 | 1 151 252 | 1 006 503 | 100.0 | 14 | |
Europe | 877 185 | 750 983 | 74.3 | 17 | 968 192 | 844 806 | 84.1 | 15 | |
EU27_2020 | 633 758 | 545 125 | 53.7 | 16 | 772 308 | 674 498 | 67.1 | 15 | |
EMU-19 | 473 472 | 412 413 | 40.1 | 15 | 600 157 | 527 134 | 52.1 | 14 | |
EU28 | 701 318 | 596 923 | 59.4 | 17 | 809 877 | 718 030 | 70.3 | 13 | |
Other European countries | 243 427 | 205 858 | 20.6 | 18 | 195 884 | 170 308 | 17.0 | 15 | |
Africa | 19 532 | 19 632 | 1.7 | ‑1 | 8 796 | 5 077 | 0.8 | 73 | |
North Africa | 9 828 | 10 427 | 0.8 | ‑6 | 4 094 | 1 195 | 0.4 | 243 | |
West Africa | 2 220 | 2 490 | 0.2 | ‑11 | 3 071 | 2 136 | 0.3 | 44 | |
Central, East and Southern Africa | 7 484 | 6 715 | 0.6 | 11 | 1 631 | 1 746 | 0.1 | ‑7 | |
America | 129 764 | 117 993 | 11.0 | 10 | 44 721 | 40 420 | 3.9 | 11 | |
North America | 108 821 | 98 260 | 9.2 | 11 | 35 399 | 33 393 | 3.1 | 6 | |
Central and South America | 20 943 | 19 733 | 1.8 | 6 | 9 322 | 7 027 | 0.8 | 33 | |
Asia | 138 095 | 144 770 | 11.7 | ‑5 | 127 221 | 112 925 | 11.1 | 13 | |
Middle- and Near East | 21 285 | 22 337 | 1.8 | ‑5 | 3 008 | 4 431 | 0.3 | ‑32 | |
Other countries in Asia | 116 810 | 122 433 | 9.9 | ‑5 | 124 213 | 108 494 | 10.8 | 14 | |
Oceania and Antarctica | 11 913 | 13 892 | 1.0 | ‑14 | 1 982 | 2 371 | 0.2 | ‑16 |
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-September 2021 | January-September 2020 | January-September 2021 | Q1-3 2021/Q1-3 2020 | Q1-3 2021/Q1-3 2020 | Q3 2021/Q3 2020 | Q3 2021/Q3 2020 | |
Total | 1 181 141 | 1 050 485 | 100.0 | 12 | 8 | 17 | 5 | |
Wood and paper products | 124 459 | 108 624 | 10.5 | 15 | ‑1 | 31 | 0 | |
Wood | 36 864 | 24 574 | 3.1 | 50 | ‑9 | 86 | ‑12 | |
Pulp and waste paper | 20 798 | 17 889 | 1.8 | 16 | ‑1 | 32 | ‑7 | |
Paper, paperproducts | 61 116 | 61 178 | 5.2 | 0 | 2 | 11 | 6 | |
Minerals | 136 328 | 107 235 | 11.5 | 27 | 5 | 44 | 9 | |
Iron ore and concentrates | 30 387 | 21 021 | 2.6 | 45 | 1 | 50 | ‑3 | |
Iron and steel | 52 083 | 42 231 | 4.4 | 23 | 8 | 60 | 17 | |
Non-ferrous metals | 27 511 | 20 647 | 2.3 | 33 | 11 | 39 | 16 | |
Chemicals, rubber products | 169 308 | 173 144 | 14.3 | ‑2 | 1 | 21 | 15 | |
Organic/inorganic chemicals | 17 408 | 14 088 | 1.5 | 24 | 19 | 38 | 19 | |
Pharmaceuticals products | 71 694 | 93 443 | 6.1 | ‑23 | ‑15 | 4 | 6 | |
Plastics | 32 445 | 25 140 | 2.7 | 29 | 17 | 50 | 24 | |
Mineral fuels, electric current | 81 723 | 51 535 | 6.9 | 59 | 2 | 92 | 12 | |
Petroleum products | 63 543 | 44 390 | 5.4 | 43 | ‑1 | 82 | 9 | |
Machinery, transport equipment | 507 105 | 456 002 | 42.9 | 11 | 16 | 4 | 3 | |
Manufactures of metals | 31 918 | 27 546 | 2.7 | 16 | 15 | 17 | 11 | |
Industrial machinery | 164 633 | 151 534 | 13.9 | 9 | 10 | 7 | 4 | |
Electronics, telecommunication | 122 662 | 113 733 | 10.4 | 8 | 13 | 10 | 12 | |
Road vehicles | 154 028 | 130 948 | 13.0 | 18 | 25 | ‑7 | ‑8 | |
Passenger cars | 80 638 | 72 196 | 6.8 | 12 | 22 | ‑16 | ‑16 | |
Lorries, trucks[1] | 22 151 | 15 479 | 1.9 | 43 | 47 | 26 | 23 | |
Parts, accessories | 39 789 | 34 516 | 3.4 | 15 | 19 | ‑10 | ‑11 | |
Other transport equipment | 6 163 | 6 474 | 0.5 | ‑5 | 1 | 16 | 16 | |
Instruments, photo/optical products | 27 702 | 25 767 | 2.3 | 8 | 14 | 5 | 6 | |
Other products | 162 217 | 153 945 | 13.7 | 5 | 5 | 5 | 0 | |
Food, beverages, tobacco | 74 943 | 72 229 | 6.3 | 4 | 2 | 8 | 1 | |
Textiles, clothing, footwear | 33 014 | 30 750 | 2.8 | 7 | 8 | 2 | ‑1 | |
Furniture | 15 364 | 14 381 | 1.3 | 7 | 8 | 2 | 1 |
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-September 2021 | January-September 2020 | January-September 2021 | Q1-3 2021/Q1-3 2020 | Q1-3 2021/Q1-3 2020 | Q3 2021/Q3 2020 | Q3 2021/Q3 2020 | |
Total | 1 151 252 | 1 006 503 | 100.0 | 14 | 11 | 18 | 8 | |
Wood and paper products | 30 717 | 28 906 | 2.7 | 6 | 4 | 19 | 8 | |
Minerals | 97 283 | 72 344 | 8.5 | 34 | 15 | 54 | 18 | |
Iron and steel | 41 075 | 29 295 | 3.6 | 40 | 15 | 77 | 21 | |
Non-ferrous metals | 20 895 | 14 233 | 1.8 | 47 | 22 | 70 | 30 | |
Metalliferrous ores, metal scrap | 15 751 | 11 001 | 1.4 | 43 | 9 | 41 | 5 | |
Chemicals, rubber products | 149 726 | 137 792 | 13.0 | 9 | 5 | 18 | 7 | |
Organic/inorganic chemicals | 27 797 | 27 676 | 2.4 | 0 | ‑8 | 13 | ‑7 | |
Pharmaceuticals products | 39 776 | 39 686 | 3.5 | 0 | 6 | 6 | 10 | |
Plastics | 30 115 | 24 823 | 2.6 | 21 | 5 | 43 | 14 | |
Crude rubber, rubber products | 13 148 | 11 533 | 1.1 | 14 | 19 | 11 | 9 | |
Mineral fuels, electric current | 108 295 | 80 832 | 9.4 | 34 | ‑6 | 70 | 3 | |
Crude petroleum oils | 57 484 | 38 367 | 5.0 | 50 | 1 | 98 | 24 | |
Petroleum products | 37 834 | 34 553 | 3.3 | 9 | ‑11 | 43 | ‑5 | |
Machinery, transport equipment | 505 178 | 440 462 | 43.9 | 15 | 18 | 9 | 8 | |
Manufactures of metals | 39 366 | 34 339 | 3.4 | 15 | 13 | 20 | 10 | |
Industrial machinery | 121 744 | 107 152 | 10.6 | 14 | 16 | 16 | 14 | |
Electronics, telecommunication | 184 549 | 160 260 | 16.0 | 15 | 22 | 15 | 18 | |
Road vehicles | 123 121 | 105 650 | 10.7 | 17 | 16 | ‑11 | ‑12 | |
Passenger cars | 63 533 | 53 140 | 5.5 | 20 | 18 | ‑16 | ‑18 | |
Parts and accessories | 39 133 | 33 842 | 3.4 | 16 | 19 | ‑2 | ‑4 | |
Other transport equipment | 6 859 | 6 207 | 0.6 | 11 | 16 | 46 | 46 | |
Instruments, photo/optical equip | 29 539 | 26 854 | 2.6 | 10 | 13 | 9 | 9 | |
Other products | 260 054 | 246 168 | 22.6 | 6 | 9 | 9 | 6 | |
Food, beverages, tobacco | 119 000 | 119 730 | 10.3 | ‑1 | 1 | 8 | 2 | |
Textiles, clothing, footwear | 64 435 | 57 988 | 5.6 | 11 | 18 | 7 | 7 | |
Furniture | 20 622 | 18 034 | 1.8 | 14 | 15 | 16 | 11 |
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–September 2021/quarter 3 2021
Next publishing will be
2022-02-28 at 08:00.
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.