Overview In August 2022 Sweden's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to SEK3.31B and imports accounted up to SEK3.45B, resulting in a negative trade balance of SEK138M. Between August 2021 and August 2022 the exports of Sweden's Motor vehicles; parts and accessories (8701 to 8705) have increased by SEK650M (24.4%) from SEK2.66B to SEK3.31B, while imports increased by SEK260M (8.17%) from SEK3.19B to SEK3.45B.
Destinations In August 2022, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Belgium (SEK673M), Netherlands (SEK476M), France (SEK327M), Norway (SEK223M), and United States (SEK220M), and were imported mostly from Germany (SEK1.03B), Poland (SEK266M), Czechia (SEK207M), Italy (SEK193M), and Belgium (SEK169M).
Growth In August 2022, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by an increase in exports to France (SEK57.8M or 16.7%), Australia (SEK16.4M or 34%), and United States (SEK9M or 5.19%). In August 2022, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from Romania (SEK38.9M or 139%), Hungary (SEK28M or 16.6%), and Netherlands (SEK26.8M or 5.33%).