Overview In December 2022, Germany exported €2.28B and imported €1.49B from Sweden, resulting in a positive trade balance of €790M. Between December 2021 and December 2022 the exports of Germany have increased by €90.9M (4.15%) from €2.19B to €2.28B, while imports increased by €31.4M (2.15%) from €1.46B to €1.49B.
Trade In December 2022, the top exports of Germany to Sweden were Motor cars and motor caravans (€164M), Chassis, bodies, engines etc. for motor... (€111M), Machinery for electricity production, distribution (€101M), Other prefabricated chemicals (€99.3M), and Pharmaceutical products (€93.6M). In December 2022 the top imports of Germany from Sweden were Paper and paperboard (€107M), Pharmaceutical products (€104M), Motor cars and motor caravans (€86M), Plates and sheets of iron or... (€65.4M), and Other semi-finished products (€64.5M).
Origins In December 2022 the exports of Germany were mainly from North Rhine-Westphalia (€342M), Baden-Württemberg (€281M), Bavaria (€271M), Lower Saxony (€253M), and Hesse (€142M), while imports destinations were mainly North Rhine-Westphalia (€348M), Baden-Württemberg (€199M), Bavaria (€136M), Lower Saxony (€127M), and Hesse (€125M).
Growth In December 2022, the increase in Germany's year-by-year exports to Sweden was explained primarily by an increase in product exports in Other prefabricated chemicals (€25M or 33.7%), Pharmaceutical products (€23.4M or 33.3%), and Plates and sheets of iron or... (€23.2M or 67.7%). In December 2022, the increase in Germany's year-by-year imports from Sweden was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].