Sweden Balance of Trade  1960-2017 | Data | Chart | Calendar | Forecast

Sweden posted a SEK 2.6 billion trade deficit in April of 2017 compared with a SEK 2.5 billion surplus a year ago. Exports rose 1 percent year-on-year to SEK 100.2 billion and imports increased at a faster 6 percent to SEK 102.8 billion. Trade with countries outside the EU resulted in a surplus of SEK 11.3 billion, while EU trade resulted in a deficit of SEK 13.9 billion. It is important to mention that there were three weekdays fewer in April 2017 than in April 2016. In the period January-April, the country recorded a SEK 2 billion gap compared with a SEK 4.9 billion surplus in the same period of 2016. Balance of Trade in Sweden averaged 3646.68 SEK million from 1960 until 2017, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -10100 SEK million in August of 2016.

Sweden Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-28 07:30 AM Feb SEK 0.0B SEK 0.6B SEK 3B SEK -0.1B
2017-04-27 07:30 AM Mar SEK -0.8B SEK -0.9B SEK 2B SEK 1.9B
2017-05-29 07:30 AM Apr SEK-2.6B SEK 0.3B SEK 2.2B
2017-06-27 07:30 AM May SEK-2.6B SEK-4.2B
2017-07-26 07:30 AM Jun
2017-08-28 07:30 AM Jul




Sweden Trade Balance Swings To Deficit In April


Sweden posted a SEK 2.6 billion trade deficit in April of 2017 compared with a SEK 2.5 billion surplus a year ago. Exports rose 1 percent year-on-year to SEK 100.2 billion and imports increased at a faster 6 percent to SEK 102.8 billion. Trade with countries outside the EU resulted in a surplus of SEK 11.3 billion, while EU trade resulted in a deficit of SEK 13.9 billion. It is important to mention that there were three weekdays fewer in April 2017 than in April 2016. In the period January-April, the country recorded a SEK 2 billion gap compared with a SEK 4.9 billion surplus in the same period of 2016.

In April 2017, Swedish exports of goods rose 1 percent to SEK 100.2 billion, while imports of goods advanced at a faster 6 percent to SEK 102.8 billion.

Trade with countries outside the EU resulted in a surplus of SEK 11.3 billion, while EU trade resulted in a deficit of SEK 13.9 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 2.3 billion in April 2017, compared with a deficit of SEK 1.9 billion in March of 2017. The corresponding figure for Februay 2017 was a deficit of SEK 1.5 billion.

Considering the first four months of 2017, the value of exports increased by 10 percent compared with the corresponding period one year ago, and the value of imports rose by 12 percent. Exports amounted to SEK 423.2 billion and imports were valued at SEK 425.2 billion, resulting in a net trade deficit of SEK 2 billion for January-April 2017. The corresponding surplus figure for these months a year earlier was SEK 4.9 billion.

Statistics Sweden |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/29/2017 10:52:12 AM


Recent Releases

Swedish Trade Balance Swings To Deficit In March
Swedish trade balance posted a SEK 0.8 billion deficit in March 2017 compared with a SEK 1.8 billion surplus in the same month of the previous year and missing market expectations of a SEK 2.0 billion surplus. Exports rose by 15 percent year-on-year to SEK 119.2 billion and imports increased at a faster 18 percent to SEK 120.0 billion.
Published on 2017-04-27

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Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade -2600.00 300.00 21900.00 -10100.00 SEK million [+]
Exports 100200.00 119100.00 119100.00 970.00 SEK million [+]
Imports 102800.00 118800.00 118800.00 1020.00 SEK million [+]
Current Account 47.50 57.90 82.30 -15.90 SEK Billion [+]
Current Account to GDP 4.70 4.70 8.20 -3.30 percent [+]
External Debt 128888.00 131796.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.69 101.79 125.65 93.45 Index Points [+]
Foreign Direct Investment 37914.00 10664.00 349007.00 -69772.00 SEK Million [+]
Capital Flows -111.80 27.30 167.40 -111.80 SEK Billion [+]
Remittances 15.40 14.70 19.30 3.50 SEK Billion [+]
Gold Reserves 125.72 125.72 185.42 125.72 Tonnes [+]
Crude Oil Production 0.00 0.00 0.08 0.00 BBL/D/1K [+]
Weapons Sales 249.00 185.00 903.00 15.00 USD Million [+]
Terrorism Index 3.98 3.08 3.98 0.01 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Sweden Balance of Trade Notes

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. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2600.00 300.00 21900.00 -10100.00 1960 - 2017 SEK million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17