Overview In May 2021 Germany exported €2.23B and imported €1.51B from Sweden, resulting in a positive trade balance of €718M. Between May 2020 and May 2021 the exports of Germany have increased by €694M (45.2%) from €1.54B to €2.23B, while imports increased by €446M (41.8%) from €1.07B to €1.51B.
Trade In May 2021, the top exports of Germany to Sweden were Motor cars and motor caravans (€210M), Machinery for electricity production, distribution (€129M), Chassis, bodies, engines etc. for motor... (€126M), Estimations for non-response (€94.2M), and Pharmaceutical products (€91.1M). In May 2021 the top imports of Germany from Sweden were Pharmaceutical products (€149M), Estimations for non-response (€118M), Paper and paperboard (€103M), Plates and sheets of iron or... (€69.8M), and Iron ores (€55.9M).
Origins In May 2021 the exports of Germany were mainly from North Rhine-Westphalia (€357M), Baden-Württemberg (€295M), Bavaria (€251M), Lower Saxony (€235M), and Hesse (€159M), while imports destinations were mainly North Rhine-Westphalia (€281M), Baden-Württemberg (€232M), Schleswig-Holstein (€172M), Lower Saxony (€143M), and Bavaria (€133M).
Growth In May 2021, the increase in Germany's year-by-year exports to Sweden was explained primarily by an increase in product exports in Motor cars and motor caravans (€101M or 92.3%), Other prefabricated chemicals (€59.4M or 270%), and Other chemical final products (€54M or 185%). In May 2021, the increase in Germany's year-by-year imports from Sweden was explained primarily by an increase in product imports in Pharmaceutical products (€51.2M or 52.1%), Lorries and special purpose motor vehicles (€41.7M or 764%), and Gold for industrial purposes (€35.6M or 665%).