Exports and imports of goods, January–June 2019, in current prices and in constant prices
Weaker development for foreign trade in goods in second quarter
Statistical news from Statistics Sweden 2019-08-27 9.30
In the period January-June 2019 Swedish exports of goods increased 8 percent and imports of goods increased 2 percent in current prices compared with the same period last year. Exports of goods increased by 3 percent in volume (value in constant prices), while imports of goods decreased by 1 percent.
In the period January–June 2019, the value of Swedish exports amounted to SEK 771 billion. This is an increase of 8 percent compared with the same period last year. At the same time, imports of goods rose by 2 percent and amounted to SEK 747 billion. This resulted in a net trade surplus of SEK 24 billion. In the same period in 2018, there was a net trade deficit of SEK 17 billion. Exports of goods increased by 3 percent in volume (value in constant prices), while imports of goods decreased by 1 percent. The difference between current and fixed prices can be explained by higher export and import prices.
In the second quarter, Sweden’s exports of goods rose by 6 percent in current prices compared with the same period last year. At the same time, imports of goods decreased by 1 percent. In volume terms, exports of goods from Sweden increased by 2 percent, while goods imports to Sweden decreased in volume by 3 percent in the second quarter of 2019, compared with the same period in 2018. In both current and constant prices, the first quarter was the strongest for both exports and imports of goods in terms of percentages, while in terms of value, the second quarter was the strongest.
Detailed information about January–June 2019 (current prices)
Exports of goods to the United States rose 28 percent
Sweden’s exports of goods to the EU28 increased by 7 percent, and imports from there rose by 1 percent compared with the same period last year. Exports to the euro countries increased by 7 percent, and imports from there increased by 2 percent. Among the EU countries, exports to both the United Kingdom and Denmark rose by 7 percent, and exports to Germany increased by 6 percent. Imports from the United Kingdom decreased by 6 percent, from Denmark by 3 percent, and from Germany by 2 percent.
Exports to other European countries rose by 5 percent, and imports from there increased by 3 percent. Exports to Norway rose by 7 percent, and imports from there increased by 10 percent. Exports to Russia decreased by 1 percent, and imports from there decreased by 14 percent.
Exports to Asia increased by 2 percent, and imports from there rose by 12 percent. Exports to China increased by 1 percent, and imports from there rose by 25 percent.
Exports to the United States increased by 28 percent, and imports from there increased by 5 percent.
Exports of pharmaceutical products rose 27 percent
Exports of machinery and transport equipment increased by 7 percent. Within this product area, exports of passenger cars increased by 13 percent. Exports of minerals increased by 12 percent. Exports of wood and paper products rose by 7 percent and mineral fuels and electric current decreased by 2 percent. Exports of chemicals and rubber products increased by 16 percent. Within this product area, exports of pharmaceutical products increased by 27 percent. Within the other products area, textiles/clothing/footwear increased by 17 percent.
Imports of crude petroleum oils decreased 10 percent
Imports of machinery and transport equipment increased by 1 percent. Within this product area, passenger cars fell by 10 percent. Imports of minerals decreased by 1 percent, while imports of wood and paper products rose by 3 percent. Imports of chemicals and rubber products rose by 5 percent. Within this product area, imports of pharmaceutical products increased by 15 percent. Imports of mineral fuels and electric current fell by 2 percent. Within this product area, crude petroleum oils decreased by 10 percent. Imports of other products increased by 6 percent.
Detailed information about volume (value in constant prices) in the second quarter 2019
Export volume of pharmaceutical products increased 18 percent
Exports of goods increased by 2 percent in volume in the second quarter of 2019 compared with the second quarter of 2018.
Exports of machinery and transport equipment increased by 1 percent in volume in the second quarter. Within this product area, exports of industrial machinery increased by 2 percent and road vehicles increased by 4 percent. Exports of mineral fuels and electric current decreased in volume by 3 percent, while minerals increased in export volume by 4 percent. Within the latter product area, iron ore and concentrates increased by 17 percent. Chemical and rubber products increased by 8 percent in volume. Within this product area, exports of pharmaceutical products increased by 18 percent. Exports of wood and paper products increased by 2 percent. Within other products, the export of textiles/clothing/footwear increased by 10 percent, while food, beverages and tobacco decreased by 2 percent in volume.
Import volume of crude petroleum oils decreased 18 percent
Imports of goods decreased by 3 percent in volume in the second quarter of 2019 compared with the second quarter of 2018.
Imports of machinery and transport equipment decreased by 4 percent in volume. Within this product area, imports of passenger cars decreased by 11 percent in volume. The import volume of mineral fuels and electric current decreased by 7 percent in the second quarter. Within this product area, imports of crude petroleum oils decreased by 18 percent in volume. As regards chemical and rubber products, the import volume decreased by 1 percent. Within this product area, plastics decreased by 4 percent. Imports of wood and paper products decreased by 4 percent and minerals decreased by 5 percent in volume in the second quarter. Imports of other products remained unchanged.
| Exports | Imports | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Value (current prices) | Value (current prices) | ||||||||
| Region | January-June | Share in % | Change in % | January-June | Share in % | Change in % | |||
| 2019 | 2018 | 2019 | 2019/2018 | 2019 | 2018 | 2019 | 2019/2018 | ||
| Total | 771 094 | 713 048 | 100.0 | 8 | 746 909 | 730 081 | 100.0 | 2 | |
| Europe | 563 533 | 528 692 | 73.1 | 7 | 626 338 | 617 026 | 83.9 | 2 | |
| EU-28 | 453 473 | 423 644 | 58.8 | 7 | 527 876 | 521 278 | 70.7 | 1 | |
| EMU-19 | 317 972 | 296 263 | 41.2 | 7 | 387 612 | 381 024 | 51.9 | 2 | |
| Other European countries | 110 061 | 105 048 | 14.3 | 5 | 98 461 | 95 748 | 13.2 | 3 | |
| Africa | 15 423 | 13 456 | 2.0 | 15 | 10 793 | 13 688 | 1.4 | ‑21 | |
| North Africa | 7 627 | 6 697 | 1.0 | 14 | 1 672 | 3 856 | 0.2 | ‑57 | |
| West Africa | 1 811 | 1 381 | 0.2 | 31 | 6 814 | 8 304 | 0.9 | ‑18 | |
| Central, East and Southern Africa | 5 985 | 5 378 | 0.8 | 11 | 2 306 | 1 529 | 0.3 | 51 | |
| America | 82 959 | 66 302 | 10.8 | 25 | 27 489 | 26 678 | 3.7 | 3 | |
| North America | 66 627 | 53 043 | 8.6 | 26 | 19 992 | 19 251 | 2.7 | 4 | |
| Central and South America | 16 332 | 13 259 | 2.1 | 23 | 7 496 | 7 427 | 1.0 | 1 | |
| Asia | 94 181 | 92 211 | 12.2 | 2 | 80 325 | 71 434 | 10.8 | 12 | |
| Middle- and Near East | 13 106 | 14 597 | 1.7 | ‑10 | 3 419 | 3 826 | 0.5 | ‑11 | |
| Other countries in Asia | 81 075 | 77 615 | 10.5 | 4 | 76 906 | 67 608 | 10.3 | 14 | |
| Oceania and Antarctica | 9 930 | 10 641 | 1.3 | ‑7 | 1 605 | 1 196 | 0.2 | 34 | |
| Exports | Exports | ||||||
|---|---|---|---|---|---|---|---|
| Value (current prices) | Volume (value in constant prices) | ||||||
| Share in % | Change in % | Change in % | |||||
| Commodity group according to SITC | January-June 2019 | January-June 2018 | January-June 2019 | January-June 2019/2018 | Q2 2019/ Q2 2018 | Q1-2 2019/ Q1-2 2018 | |
| Total | 771 094 | 713 048 | 100.0 | 8 | 2 | 3 | |
| Wood and paper products | 77 712 | 72 382 | 10.1 | 7 | 2 | 1 | |
| Wood | 16 967 | 16 111 | 2.2 | 5 | 6 | 2 | |
| Pulp and waste paper | 13 418 | 11 809 | 1.7 | 14 | 13 | 8 | |
| Paper, paperproducts | 43 807 | 41 198 | 5.7 | 6 | ‑3 | ‑2 | |
| Minerals | 83 060 | 74 048 | 10.8 | 12 | 4 | 5 | |
| Iron ore and concentrates | 13 240 | 9 573 | 1.7 | 38 | 17 | 6 | |
| Iron and steel | 39 645 | 34 178 | 5.1 | 16 | 1 | 8 | |
| Non-ferrous metals | 13 966 | 14 586 | 1.8 | ‑4 | 3 | ‑2 | |
| Chemicals, rubber products | 109 624 | 94 432 | 14.2 | 16 | 8 | 10 | |
| Organic/inorganic chemicals | 10 247 | 9 952 | 1.3 | 3 | ‑4 | ‑3 | |
| Pharmaceuticals products | 53 730 | 42 466 | 7.0 | 27 | 18 | 20 | |
| Plastics | 18 520 | 17 540 | 2.4 | 6 | 1 | 4 | |
| Mineral fuels, electric current | 51 129 | 52 262 | 6.6 | ‑2 | ‑3 | ‑6 | |
| Petroleum products | 42 232 | 44 250 | 5.5 | ‑5 | ‑6 | ‑9 | |
| Machinery, transport equipment | 351 636 | 327 930 | 45.6 | 7 | 1 | 2 | |
| Manufactures of metals | 21 057 | 19 538 | 2.7 | 8 | ‑1 | 2 | |
| Industrial machinery | 117 651 | 108 422 | 15.3 | 9 | 2 | 3 | |
| Electronics, telecommunication | 71 519 | 70 503 | 9.3 | 1 | ‑7 | ‑2 | |
| Road vehicles | 117 545 | 108 859 | 15.2 | 8 | 4 | 3 | |
| Passenger cars | 56 161 | 49 558 | 7.3 | 13 | 8 | 7 | |
| Lorries, trucks[1] | 17 151 | 18 539 | 2.2 | ‑7 | ‑16 | ‑13 | |
| Parts, accessories | 35 998 | 33 406 | 4.7 | 8 | 9 | 5 | |
| Other transport equipment | 6 834 | 4 936 | 0.9 | 38 | 12 | 27 | |
| Instruments, photo/optical products | 17 029 | 15 671 | 2.2 | 9 | 5 | 2 | |
| Other products | 97 934 | 91 993 | 12.7 | 6 | ‑1 | 2 | |
| Food, beverages, tobacco | 46 295 | 44 778 | 6.0 | 3 | ‑2 | ‑1 | |
| Textiles, clothing, footwear | 17 769 | 15 128 | 2.3 | 17 | 10 | 8 | |
| Furniture | 9 955 | 9 033 | 1.3 | 10 | 9 | 10 | |
| Imports | |||||||
|---|---|---|---|---|---|---|---|
| Value (current prices) | Volume (value in constant prices) | ||||||
| Share in % | Change in % | Change in % | |||||
| Commodity group according to SITC | January-June 2019 | January-June 2018 | January-June 2019 | January-June 2019/2018 | Q2 2019/ Q2 2018 | Q1-2 2019/ Q1-2 2018 | |
| Total | 746 909 | 730 081 | 100.0 | 2 | ‑3 | ‑1 | |
| Wood and paper products | 21 997 | 21 287 | 2.9 | 3 | ‑4 | ‑3 | |
| Minerals | 60 432 | 60 870 | 8.1 | ‑1 | ‑5 | ‑4 | |
| Iron and steel | 27 779 | 29 556 | 3.7 | ‑6 | ‑9 | ‑9 | |
| Non-ferrous metals | 11 551 | 11 609 | 1.5 | 0 | ‑3 | 0 | |
| Metalliferrous ores, metal scrap | 8 497 | 8 055 | 1.1 | 5 | ‑2 | 5 | |
| Chemicals, rubber products | 92 722 | 87 945 | 12.4 | 5 | ‑1 | 3 | |
| Organic/inorganic chemicals | 18 744 | 19 114 | 2.5 | ‑2 | ‑8 | ‑6 | |
| Pharmaceuticals products | 23 011 | 20 087 | 3.1 | 15 | 5 | 16 | |
| Plastics | 19 084 | 18 659 | 2.6 | 2 | ‑4 | ‑1 | |
| Crude rubber, rubber products | 9 027 | 8 828 | 1.2 | 2 | ‑4 | ‑2 | |
| Mineral fuels, electric current | 80 094 | 81 667 | 10.7 | ‑2 | ‑7 | ‑7 | |
| Crude petroleum oils | 38 387 | 42 881 | 5.1 | ‑10 | ‑18 | ‑14 | |
| Petroleum products | 34 199 | 31 018 | 4.6 | 10 | 8 | 3 | |
| Machinery, transport equipment | 326 212 | 322 622 | 43.7 | 1 | ‑4 | ‑2 | |
| Manufactures of metals | 25 475 | 22 970 | 3.4 | 11 | 5 | 7 | |
| Industrial machinery | 82 030 | 78 280 | 11.0 | 5 | ‑2 | 0 | |
| Electronics, telecommunication | 107 135 | 105 590 | 14.3 | 1 | ‑4 | ‑1 | |
| Road vehicles | 87 110 | 91 151 | 11.7 | ‑4 | ‑7 | ‑7 | |
| Passenger cars | 38 249 | 42 401 | 5.1 | ‑10 | ‑11 | ‑11 | |
| Parts and accessories | 32 976 | 32 551 | 4.4 | 1 | ‑4 | ‑3 | |
| Other transport equipment | 6 201 | 7 424 | 0.8 | ‑16 | ‑22 | ‑22 | |
| Instruments, photo/optical equip | 18 261 | 17 208 | 2.4 | 6 | 5 | 4 | |
| Other products | 165 452 | 155 690 | 22.2 | 6 | 0 | 2 | |
| Food, beverages, tobacco | 81 485 | 77 261 | 10.9 | 5 | 1 | 2 | |
| Textiles, clothing, footwear | 38 622 | 34 865 | 5.2 | 11 | 0 | 5 | |
| Furniture | 12 594 | 11 959 | 1.7 | 5 | ‑1 | 0 | |
Definitions and explanations
The volume changes (value changes in constant prices) are calculated quarterly. In the quarterly calculation of the volume changes of goods, exports and imports of goods, the current quarter, calculated as the full-year level, are first compared with the previous full year. For each commodity according to CN8, the value of the quarter is calculated in the previous year’s average price by dividing the value of the quarter in current prices with the price trend between the periods. In the next step, the index numbers are calculated in a chain index series with the base year 2015 (2015 = 100). The volume and value index for the current period compared with the previous full year is linked to the corresponding index for the previous full years back to 2015.
Publication
This report is published in more detail in the statistical report:
Foreign trade – Exports and imports of goods January–June 2019 (pdf)
Next publishing will be
2019-11-27 at 09:30.
Statistical Database
More information is available in the Statistical Database
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