International Merchandise Trade Statistics: Imports: Commodities for Sweden
SWEXTIMVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,166,550,000.00
Year-over-Year Change
4.36%
Date Range
1/1/1957 - 5/1/2025
Summary
This trend measures Sweden's imports of commodities, providing insights into the country's trade patterns and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Imports: Commodities for Sweden tracks the value of Sweden's imports of various commodities, including raw materials, intermediate goods, and finished products. This data is crucial for understanding Sweden's participation in global supply chains and the composition of its imports.
Methodology
The data is collected and reported by Sweden's statistical agency, Statistics Sweden.
Historical Context
Policymakers and analysts use this trend to assess Sweden's economic performance and trade relationships.
Key Facts
- Sweden is a major trading nation, with imports accounting for around 40% of its GDP.
- Machinery and transportation equipment make up the largest share of Sweden's commodity imports.
- China is Sweden's largest import partner, accounting for over 10% of total imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of Sweden's imports of various commodities, including raw materials, intermediate goods, and finished products.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into Sweden's trade patterns and the composition of its imports, which is crucial for understanding the country's economic performance and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by Sweden's statistical agency, Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Sweden's economic performance and trade relationships, which can inform trade policies and economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be occasional delays or revisions due to the complexity of international trade statistics.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Sweden (SWEXTIMVA01CXMLM), retrieved from FRED.