Overview In August 2022 Sweden's Cars exports accounted up to SEK4.32B and imports accounted up to SEK6.02B, resulting in a negative trade balance of SEK1.7B. Between August 2021 and August 2022 the exports of Sweden's Cars have decreased by SEK-1.02B (-19.1%) from SEK5.34B to SEK4.32B, while imports increased by SEK1.05B (21.2%) from SEK4.97B to SEK6.02B.
Destinations In August 2022, Cars were exported mostly to Denmark (SEK701M), United States (SEK409M), Finland (SEK392M), Germany (SEK366M), and Estonia (SEK358M), and were imported mostly from Germany (SEK2.18B), Belgium (SEK1.93B), United Kingdom (SEK369M), Netherlands (SEK276M), and Slovakia (SEK255M).
Growth In August 2022, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to United States (SEK-807M or -33.8%), Germany (SEK-393M or -31.9%), and United Kingdom (SEK-270M or -37.9%). In August 2022, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Belgium (SEK286M or 22.6%), Slovakia (SEK151M or 119%), and France (SEK132M or 23.7%).