Sweden recorded a trade surplus of 7300 SEK million in February of 2021. source: Statistics Sweden

Balance of Trade in Sweden averaged 3454.79 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 April 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Sweden Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
7300.00 3800.00 21900.00 -10500.00 1960 - 2021 SEK million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-29 08:30 AM Nov SEK1.4B SEK5B SEK3.6B
2021-01-27 08:30 AM Dec SEK2.7B SEK2.4B SEK-1.2B
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
2021-04-28 07:30 AM Mar SEK7.3B
2021-05-28 07:30 AM Apr
2021-06-29 07:30 AM May
2021-07-28 07:30 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Trade Balance Swings to Surplus
Sweden posted a trade surplus of SEK 2.7 billion in December of 2020 compared to a deficit of SEK 2.9 billion in the same month last year. Exports increased 2.4 percent to SEK 119.7 billion, as a 4.3 percent drop in sales to the EU was offset by a 10 percent jump in exports to non-EU countries. Meanwhile, imports declined 2 percent to SEK 117 billion, led by a 3.2 percent decrease in purchases from the EU and non-EU countries (-0.3 percent). In 2020, the trade surplus widened to SEK 59.5 billion from SEK 14.6 billion in 2019, with exports falling 6 percent and imports slipping 9 percent.
2021-01-27
Sweden Trade Surplus Narrows in November
Sweden's trade surplus narrowed to SEK 1.4 billion in November 2020, from SEK 2.6 billion in the same month last year. Exports declined 3 percent to SEK 128.0 billion, as a 7 percent drop in sales to the EU offset a 2 percent increase in exports to non-EU countries. Meanwhile, imports were down 2 percent to SEK 126.6 billion, led by a 5 percent decrease in purchases from the EU. Imports from non-EU countries, however, advanced 7 percent. In the January to November period, the trade surplus widened to SEK 56.0 billion from SEK 17.5 billion in the same period of 2019, with exports falling 7 percent and imports slumping 10 percent.
2020-12-29

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.