Sweden's trade balance shifted to a deficit of SEK 2.1 billion in July 2022 from a surplus of SEK 7.0 billion in the same month of the prior year, with imports rising faster than exports. Inbound shipments jumped 29.0 percent yoy to SEK 155.3 billion while exports grew 21.0 percent to SEK 153.2 billion. For the first seven months of the year, the country registered a trade shortfall of SEK 4.5 billion, reversing from a large surplus of SEK 33.5 billion in the corresponding period in 2021. source: Statistics Sweden
Balance of Trade in Sweden averaged 3386.57 SEK million from 1960 until 2022, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -11100 SEK million in August of 2021. 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 September of 2022.
Balance of Trade in Sweden is expected to be 6700.00 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 -2600.00 SEK Million in 2023 and -2000.00 SEK Million in 2024, according to our econometric models.