Overview In December 2022, China exported $835M and imported $869M from Sweden, resulting in a negative trade balance of $34.1M. Between December 2021 and December 2022 the exports of China have decreased by $-279M (-25.1%) from $1.11B to $835M, while imports increased by $20.6M (2.43%) from $848M to $869M.
Trade In December 2022, the top exports of China to Sweden were Telephones ($77M), Seats ($31.5M), Cars ($31.1M), Light Fixtures ($29.2M), and Computers ($28.8M). In December 2022 the top imports of China from Sweden were Cars ($132M), Packaged Medicaments ($45.9M), Kaolin Coated Paper ($33.6M), Machinery Having Individual Functions ($22.6M), and Motor vehicles; parts and accessories (8701... ($19.5M).
Origins In December 2022 the exports of China were mainly from Jiangsu Province ($223M), Guangdong Province ($202M), Zhejiang Province ($142M), Shandong Province ($53.9M), and Shanghai Province ($47.4M), while imports destinations were mainly Shanghai Province ($312M), Jiangsu Province ($163M), Beijing ($119M), Zhejiang Province ($39.9M), and Guangdong Province ($39.4M).
Growth In December 2022, the decrease in China's year-by-year exports to Sweden was explained primarily by an decrease in product exports in Computers ($-33M or -53.4%), Other Cloth Articles ($-6.79M or -51.1%), and Audio Alarms ($-2.84M or -23.2%). In December 2022, the increase in China's year-by-year imports from Sweden was explained primarily by an increase in product imports in Cars ($24.3M or 22.5%), Electrical Insulators ($10.3M or 445%), and Laboratory Reagents ($9.11M or 137%).