Sweden’s trade deficit widened to SEK 11.9 billion in August 2026 from SEK 8.7 billion in the same month last year, marking the largest trade shortfall since August 2022, as import growth outpaced export growth. Imports rose 12% year-on-year to SEK 171.8 billion, with purchases increasing from both the EU (+11.2% to SEK 110.5 billion) and non-EU markets (+13.5% to SEK 61.3 billion). Meanwhile, exports grew 10.5% to SEK 159.9 billion, supported by stronger sales to the EU (+15% to SEK 91.9 billion) and non-EU markets (+4.9% to SEK 68 billion). Despite the annual increase, the value of exports was the lowest in a year. In the first eight months of 2026, Sweden recorded a trade deficit of SEK 2.7 billion, narrowing sharply from SEK 42.7 billion in the corresponding period a year earlier. On a seasonally adjusted basis, the trade balance posted a SEK 1.7 billion surplus in August, up slightly from SEK 1.5 billion in July. source: Statistics Sweden

Sweden recorded a trade deficit of 11900 SEK Million in August of 2026. Balance of Trade in Sweden averaged 3302.90 SEK Million from 1960 until 2026, reaching an all time high of 21800.00 SEK Million in March of 2006 and a record low of -18200.00 SEK Million in August of 2022. This page provides the latest reported value for - Sweden Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Sweden recorded a trade deficit of 11900 SEK Million in August of 2026. Balance of Trade in Sweden is expected to be 4000.00 SEK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Balance of Trade is projected to trend around 5000.00 SEK Million in 2027 and 6000.00 SEK Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-27 06:00 AM
Balance of Trade
Jul SEK1.2B SEK2.5B SEK3.0B
2026-09-28 06:00 AM
Balance of Trade
Aug SEK-11.9B SEK1.4B SEK0.5B
2026-10-27 07:00 AM
Balance of Trade
Sep SEK-11.9B SEK 3B


Related Last Previous Unit Reference
Balance of Trade -11900.00 1400.00 SEK Million Aug 2026
Capital Flows 180.70 164.40 SEK Billion Jun 2026
Current Account 126.20 97.50 SEK Billion Jun 2026
Exports 159900.00 160800.00 SEK Million Aug 2026
Imports 171800.00 159400.00 SEK Million Aug 2026
Remittances 31.90 24.90 SEK Billion Jun 2026
Terms of Trade 95.26 95.31 points Aug 2026


Sweden Balance of Trade
Sweden exports mostly machinery, motor vehicles, paper products, pulp and wood, iron, steel products, chemicals. The country imports machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. European Union is by far its largest trading partner accounting for about 61% of exports and 72% of imports. Norway, Russia, The United States and China play also an important role.
Actual Previous Highest Lowest Dates Unit Frequency
-11900.00 1400.00 21800.00 -18200.00 1960 - 2026 SEK Million Monthly

News Stream
Sweden Trade Deficit Largest Since 2022
Sweden’s trade deficit widened to SEK 11.9 billion in August 2026 from SEK 8.7 billion in the same month last year, marking the largest trade shortfall since August 2022, as import growth outpaced export growth. Imports rose 12% year-on-year to SEK 171.8 billion, with purchases increasing from both the EU (+11.2% to SEK 110.5 billion) and non-EU markets (+13.5% to SEK 61.3 billion). Meanwhile, exports grew 10.5% to SEK 159.9 billion, supported by stronger sales to the EU (+15% to SEK 91.9 billion) and non-EU markets (+4.9% to SEK 68 billion). Despite the annual increase, the value of exports was the lowest in a year. In the first eight months of 2026, Sweden recorded a trade deficit of SEK 2.7 billion, narrowing sharply from SEK 42.7 billion in the corresponding period a year earlier. On a seasonally adjusted basis, the trade balance posted a SEK 1.7 billion surplus in August, up slightly from SEK 1.5 billion in July.
2026-09-28
Sweden Trade Surplus Narrows Sharply in July
Sweden’s trade surplus narrowed to SEK 1.2 billion in July 2026 from SEK 3.5 billion in the corresponding month of the previous year, as imports rose more than exports. Imports increased 5.7% year-on-year to SEK 158.7 billion, with purchases from both EU countries (5.8% to SEK 106.4 billion) and non-EU countries (5.7% to SEK 52.3 billion) increasing. Exports grew 4.1% to SEK 159.9 billion, as a 12% increase in shipments to EU countries, to SEK 85.9 billion, offset a 3.8% decline in exports to non-EU countries, to SEK 74.0 billion. For the first seven months of the year, Sweden recorded a trade surplus of SEK 8.5 billion, narrowing sharply from SEK 51.4 billion in the same period last year, as imports rose 7.3%, outpacing the 3.4% growth in exports. On a seasonally adjusted basis, the trade balance showed a surplus of SEK 2.8 billion in July, compared with SEK 2.6 billion in June.
2026-08-27
Sweden Trade Surplus Shrinks in June
Sweden posted a trade surplus of SEK 2.6 billion in June 2026, more than four times lower than the SEK 11.8 billion recorded in the same month a year earlier, as imports rose faster than exports. Imports climbed by 18.1% year-on-year to an all-time high of SEK 195.3 billion, driven by higher purchases from both EU markets (21% to SEK 131.8 billion) and non-EU countries (12.6% to SEK 63.5 billion). Meanwhile, exports grew at a slower pace of 11.7%, but also to a record of SEK 197.6 billion, reflecting increased shipments to both EU countries (18.2% to SEK 112.2 billion) and non-EU countries (4.3% to SEK 85.7 billion). Considering the first six months of the year, the country’s trade surplus narrowed sharply to SEK 8.2 billion from SEK 47.9 billion in the corresponding period a year ago, as exports rose 3%, while imports increased by a faster 7%. On a seasonally adjusted basis, the trade net recorded a deficit of SEK 0.5 billion in June.
2026-07-28