Sweden's trade surplus narrowed to SEK 1.8 billion in April of 2021 from SEK 5.4 billion in the corresponding month of the previous year. Imports jumped 28 percent from a year earlier to SEK 129 billion while exports advanced a slower 23 percent to SEK 130.8 billion. The double-digit growth rates were in part due to the impact of the pandemic in foreign trade last year. The number of weekdays in April 2021 was the same as in April 2020. Trade in goods with countries outside the EU resulted in a surplus of SEK 20.4 billion, while EU trade resulted in a deficit of SEK 18.6 billion. source: Statistics Sweden

Balance of Trade in Sweden averaged 3451.11 SEK million from 1960 until 2021, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -10500 SEK million in August of 2016. 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 June of 2021.

Balance of Trade in Sweden is expected to be 0.00 SEK million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sweden to stand at -4000.00 in 12 months time. In the long-term, the Sweden Balance of Trade is projected to trend around -4000.00 SEK million in 2022 and -5000.00 SEK million in 2023, according to our econometric models.

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Sweden Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1800.00 2900.00 21900.00 -10500.00 1960 - 2021 SEK million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-26 08:30 AM Jan SEK5.2B SEK1.6B SEK9.5B
2021-03-26 08:30 AM Feb SEK7.3B SEK3.8B SEK10.2B
2021-04-27 07:30 AM Mar SEK4.1B SEK6B SEK4.4B
2021-05-27 07:30 AM Apr SEK1.8B SEK2.9B SEK5.6B SEK4.6B
2021-06-29 07:30 AM May SEK1.8B
2021-07-28 07:30 AM Jun
2021-08-27 07:30 AM Jul
2021-09-28 07:30 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Sweden Trade Surplus Narrows Sharply in April
Sweden's trade surplus narrowed to SEK 1.8 billion in April of 2021 from SEK 5.4 billion in the corresponding month of the previous year. Imports jumped 28 percent from a year earlier to SEK 129 billion while exports advanced a slower 23 percent to SEK 130.8 billion. The double-digit growth rates were in part due to the impact of the pandemic in foreign trade last year. The number of weekdays in April 2021 was the same as in April 2020. Trade in goods with countries outside the EU resulted in a surplus of SEK 20.4 billion, while EU trade resulted in a deficit of SEK 18.6 billion.
2021-05-27
Sweden Trade Surplus Narrows in March
Sweden's trade surplus shrank to SEK 4.1 billion in March of 2021 from SEK 5.6 billion in the corresponding month of the previous year. Imports advanced at a faster 11 percent from a year earlier to SEK 139.8 billion while exports surged 10 percent to SEK 143.9 billion while. The number of weekdays in March 2021 was one more compared with March 2020. Trade in goods with countries outside the EU resulted in a surplus of SEK 21.7 billion, while EU trade resulted in a deficit of SEK 17.6 billion.
2021-04-27
Sweden Trade Surplus Narrows in February
Sweden's trade surplus narrowed to SEK 7.3 billion in February 2021 from SEK 12.8 billion in the corresponding month last year. Exports tumbled 4 percent from a year earlier to SEK 122.9 billion, while imports increased by 1 percent to SEK 115.6 billion. The number of weekdays in February 2021 was the same compared with February 2020. Trade in goods with non-EU countries resulted in a surplus of SEK 21.2 billion. Meantime, trade with EU resulted in a deficit of SEK 13.9 billion.
2021-03-26
Sweden Trade Surplus Narrows Sharply in January
Sweden's trade surplus narrowed sharply to SEK 5.2 billion in January 2021 from SEK 11.1 billion in the corresponding month last year. Exports tumbled 13.6 percent from a year earlier to SEK 113.4 billion, dragged down by a drop in sales to the EU (-17.4 percent) and non-EU countries (-8.5 percent). Meantime, imports fell at a softer 10 percent to SEK 108.2 billion, led by a 12.7 percent fall in purchases from EU countries and a 3.6 percent decrease in those from non-EU countries.
2021-02-26

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.