Trends in volume of exports and imports of goods, 3rd quarter 2017:
Exports and imports of goods continued to increase in volume
Statistical news from Statistics Sweden 2017-11-28 9.30
Exports of goods from Sweden increased by 5 percent in volume (value in constant prices) in the third quarter of 2017 compared with the third quarter of 2016. In the same period, imports of goods to Sweden increased by 3 percent in volume.
In the period January–September, the volume of exports and imports increased by 4 percent respectively. In current prices, exports of goods increased by 11 percent, and imports of goods increased by 10 percent. Differences between current and fixed prices can be explained by price increases.
Strong quarter for the export volume of passenger cars and lorries
Exports of goods increased by 5 percent in volume in the third quarter of 2017 compared with the third quarter of 2016.
Exports of machinery and transport equipment increased by 9 percent in volume. Within this product area, exports of passenger cars increased by 36 percent and lorries and trucks by 44 percent during this period.
The export volume of mineral fuels and electric current increased by 3 percent. Chemical and rubber products increased by 1 percent. Minerals increased in export volume by 9 percent, and within this product group non-ferrous metals increased by 22 percent.
The exports of wood and paper products increased by 2 percent in volume. The export volume of other products decreased by 1 percent. Within this product area, exports of food, beverages and tobacco decreased by 3 percent.
Import volume of crude petroleum oils and petroleum products decreased
Imports of goods increased by 3 percent in volume in the third quarter of 2017 compared with the third quarter of 2016.
Imports of machinery and transport equipment increased by 6 percent in volume. Within this product area, imports of industrial machinery increased by 10 percent, and parts and accessories (road vehicles) increased by 19 percent.
The import volume of mineral fuels and electric current decreased by 7 percent in the third quarter. Within this product area, the volume of imports of crude petroleum oils and petroleum products both decreased.
As regards chemical and rubber products, the import volume increased by 6 percent. Within this product area, the import volume of organic/inorganic chemicals as well as crude rubber and rubber products increased.
Imports of wood and paper products and minerals both increased by 4 percent in the third quarter.
Imports of other products increased by 1 percent in volume. Within this product group the imports of furniture, textiles, clothing and footwear increased.
| Change in % against corresponding period last year | |||||
|---|---|---|---|---|---|
| Volume | Volume | Volume | Volume | Value | |
| Year 2016 | 2 q 2017 | 3 q 2017 | 1-3 q 2017 | 1-3 q 2017 | |
| Total | 2.9 | 3.4 | 5.1 | 4.3 | 10.7 |
| Wood and paper products | 2.1 | ‑0.3 | 1.9 | 2.4 | 5.4 |
| Wood | 4.2 | 0.7 | 0.7 | 2.4 | 7.2 |
| Pulp and waste paper | ‑0.4 | ‑8.0 | 5.4 | ‑1.0 | 6.1 |
| Paper, paperproducts | 2.3 | 1.4 | 1.4 | 3.3 | 4.4 |
| Minerals | 7.3 | 3.6 | 9.3 | 4.8 | 26.3 |
| Iron ore and concentrates | .. | .. | .. | .. | 47.8 |
| Iron and steel | 8.9 | 4.5 | 9.1 | 3.5 | 21.1 |
| Non-ferrous metals | 3.6 | 8.3 | 22.1 | 12.0 | 34.3 |
| Chemicals, rubber products | 3.6 | 4.8 | 0.9 | 4.9 | 9.4 |
| Organic/inorganic chemicals | 9.4 | 2.1 | 0.9 | 4.7 | 9.9 |
| Pharmaceuticals products | 2.7 | 7.8 | ‑0.3 | 6.6 | 11.0 |
| Plastics | 3.6 | 4.6 | 3.7 | 4.0 | 9.7 |
| Mineral fuels, electric current | 6.9 | ‑2.5 | 3.1 | ‑0.5 | 30.1 |
| Petroleum products | 9.3 | ‑5.6 | 0.2 | ‑2.7 | 29.6 |
| Machinery, transport equipment | 2.4 | 6.9 | 8.7 | 7.0 | 8.6 |
| Manufactures of metals | 0.3 | ‑3.4 | 0.2 | ‑2.1 | 3.1 |
| Industrial machinery | ‑3.1 | 9.0 | 3.8 | 5.8 | 8.2 |
| Electronics, telecommunication |
‑0.5 | 4.9 | 6.1 | 4.7 | 3.8 |
| Road vehicles | 13.1 | 10.3 | 23.3 | 15.5 | 17.7 |
| Passenger cars | 19.8 | 10.8 | 36.0 | 17.8 | 19.7 |
| Lorries, trucks [1] | ‑4.8 | 22.2 | 43.9 | 31.0 | 33.5 |
| Parts, accessories | 18.2 | 4.6 | 3.2 | 6.2 | 8.4 |
| Other transport equipment |
5.7 | ‑8.9 | ‑9.5 | ‑22.4 | ‑19.1 |
| Instruments, photo/ optical products |
1.8 | 1.8 | ‑1.6 | 1.2 | 1.8 |
| Other products | ‑0.1 | ‑4.8 | ‑1.0 | ‑1.2 | 4.7 |
| Food, beverages, tobacco | 1.2 | ‑8.5 | ‑2.5 | ‑5.2 | 3.0 |
| Textiles, clothing, footwear | ‑0.4 | 2.4 | 0.4 | 4.0 | 7.1 |
| Furniture | ‑0.7 | 0.7 | 3.6 | 3.5 | 5.8 |
[1] Including road tractors for semi-trailers
| Change in % against corresponding period last year | |||||
|---|---|---|---|---|---|
| Volume | Volume | Volume | Volume | Value | |
| Year 2016 | 2 q 2017 | 3 q 2017 | 1-3 q 2017 | 1-3 q 2017 | |
| Total | 5.9 | 1.9 | 3.3 | 3.6 | 9.8 |
| Wood and paper products | 9.0 | 2.3 | 4.5 | 5.8 | 9.3 |
| Minerals | 9.1 | 0.9 | 4.2 | 4.6 | 21.0 |
| Iron and steel | 14.0 | 7.5 | 7.7 | 9.8 | 28.4 |
| Non-ferrous metals | 10.3 | ‑8.2 | 11.2 | 1.3 | 19.1 |
| Metalliferrous ores, metal scrap | ‑2.4 | ‑14.2 | ‑13.5 | ‑8.6 | 20.5 |
| Chemicals, rubber products | 3.7 | 1.2 | 5.7 | 3.1 | 7.3 |
| Organic/inorganic chemicals | ‑4.1 | 8.8 | 10.6 | 4.8 | 9.7 |
| Pharmaceuticals products | 10.2 | ‑2.9 | ‑1.0 | ‑0.2 | 1.2 |
| Plastics | 4.8 | 1.3 | 6.7 | 3.7 | 11.7 |
| Crude rubber, rubber products | 1.0 | ‑0.6 | 10.5 | 5.7 | 10.0 |
| Mineral fuels, electric current | 10.5 | 6.7 | ‑6.9 | 0.8 | 29.2 |
| Crude petroleum oils | 3.1 | 12.3 | ‑6.7 | 1.2 | 35.5 |
| Petroleum products | 17.8 | 2.9 | ‑6.9 | 4.1 | 24.6 |
| Machinery, transport equipment | 6.2 | 3.3 | 6.2 | 6.0 | 8.2 |
| Manufactures of metals | 5.3 | 6.4 | 7.0 | 7.6 | 12.9 |
| Industrial machinery | 0.1 | 4.1 | 9.9 | 7.4 | 9.1 |
| Electronics, telecommunication | 5.4 | 1.3 | 1.1 | 2.5 | 4.3 |
| Road vehicles | 14.9 | 4.6 | 8.3 | 8.8 | 11.0 |
| Passenger cars | 14.9 | 8.9 | 1.7 | 8.3 | 9.9 |
| Parts and accessories | 10.3 | ‑3.2 | 18.7 | 6.5 | 9.5 |
| Other transport equipment | ‑0.7 | 6.5 | 43.4 | 13.5 | 16.8 |
| Instruments, photo/optical equip | 2.0 | ‑1.3 | 3.0 | 2.3 | 6.6 |
| Other products | 3.4 | ‑2.0 | 1.2 | 0.1 | 4.3 |
| Food, beverages, tobacco | 3.0 | ‑4.9 | ‑1.9 | ‑3.4 | 3.5 |
| Textiles, clothing, footwear | 4.5 | ‑0.8 | 3.8 | 1.9 | 3.6 |
| Furniture | 2.6 | 5.8 | 9.4 | 9.2 | 9.5 |
Definitions and explanations
Volume changes (value changes in constant prices) are calculated on a quarterly basis. The calculations are based on foreign trade statistics’ values in current prices for different product groups, and on information on price changes taken mainly from Statistics Sweden’s calculations for the export and import price indices. The foreign trade statistics are based on total export and import values for different product categories, that is, the values are estimated to account for undercoverage and non-response that occur in the statistics on trade with EU countries. The calculations are done as chain indices for the different product areas, with the base year 2000 (=100). The volume index is calculated using Laspeyres’ formula, and the price index is calculated using Paasche’s formula. Information on the current year and the most recent year is regularly revised, depending on revisions of the underlying foreign trade material, with values expressed in current prices. Information on price changes may also occasionally be revised.
Publication
This report is published in more detail in the Statistical Report.
Next publishing will be
2018-02-27 at 09:30.
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