Insights for Sweden

MoM insights: In the month-on-month analysis, Sweden's imports saw a total trade value of 138.38B SEK, which represents a decrease of 6.56B SEK, or approximately -4.52%. The top three countries contributing to this decline were Germany (21.03B SEK, -2.48B SEK, -10.56%), Norway (14.04B SEK, -1.46B SEK, -9.41%), and Denmark (8.6B SEK, -1.07B SEK, -10.00%). Conversely, the highest increases came from Belgium (7.68B SEK, +1.46B SEK, +23.55%), Malaysia (1.22B SEK, +878.06M SEK, +254.70%), and Canada (1.31B SEK, +828.72M SEK, +172.49%). For exports, the total trade value was 145.15B SEK, down by 8.88B SEK, or -5.76%. The largest decreases were seen in Norway (14.36B SEK, -2.35B SEK, -14.00%), Russia (322.11M SEK, -2.17B SEK, -87.00%), and Czechia (1.08B SEK, -1.61B SEK, -59.71%). The top increases were from the United States (13.72B SEK, +954.22M SEK, +7.47%), Uzbekistan (792.66M SEK, +770.87M SEK, +3537.54%), and Belgium (8.03B SEK, +749.12M SEK, +10.29%).

YoY insights: In the year-on-year analysis, Sweden's imports totaled 138.38B SEK, reflecting a slight increase of 46.33M SEK, or +0.03%. The top contributors to this growth were the Netherlands (15.93B SEK, +3.31B SEK, +26.19%), Czechia (3.81B SEK, +1.23B SEK, +47.50%), and Malaysia (1.22B SEK, +892.3M SEK, +269.98%). The largest declines were from China (6.56B SEK, -2.14B SEK, -24.57%), Germany (21.03B SEK, -2.12B SEK, -9.15%), and Guyana (192K SEK, -1.68B SEK, -99.99%). For exports, the total was 145.15B SEK, with an increase of 1.3B SEK, or +0.01%. The highest increases were from Belgium (8.03B SEK, +1.68B SEK, +26.48%), Uzbekistan (792.66M SEK, +785.75M SEK, +11369.50%), and the United States (13.72B SEK, +560.45M SEK, +4.26%). The largest decreases were seen in Brazil (1.3B SEK, -1.1B SEK, -45.80%), Egypt (883.46M SEK, -920.72M SEK, -51.03%), and the United Kingdom (7.45B SEK, -901.44M SEK, -10.79%).