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

Sweden posted a SEK 2.8 billion trade surplus in May of 2017 compared with a SEK 3.6 billion gap a year ago. Exports rose 18 percent year-on-year to SEK 114 billion and imports increased at a slower 11 percent to SEK 111.2 billion.Trade with countries outside the EU resulted in a surplus of SEK 15.1 billion, while EU trade resulted in a deficit of SEK 12.3 billion. Balance of Trade in Sweden averaged 3644.15 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)
2017-04-27 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 2.8B SEK-3.2B SEK-4.2B
2017-07-26 07:30 AM Jun SEK 2.8B SEK 0.5B
2017-08-28 07:30 AM Jul
2017-09-27 07:30 AM Aug




Sweden Trade Balance Swings to Surplus In May


Sweden posted a SEK 2.8 billion trade surplus in May of 2017 compared with a SEK 3.6 billion gap a year ago. Year-on-year, exports rose 18 percent and imports increased at a slower 11 percent. Trade with countries outside the EU resulted in a surplus of SEK 15.1 billion, while EU trade resulted in a deficit of SEK 12.3 billion.

In May 2017, Swedish exports of goods rose 18 percent to SEK 114 billion, while imports of goods increased at a slower 11 percent to SEK 111.2 billion.

Trade with countries outside the EU resulted in a surplus of SEK 15.1 billion, while EU trade resulted in a deficit of SEK 12.3 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.5 billion in May 2017, compared with a shortfall of SEK 0.7 billion in April of 2017. The corresponding figure for March 2017 was a gap of SEK 1.2 billion.

Considering the first five months of 2017, the value of exports increased by 11.5 percent compared with the corresponding period one year ago, and the value of imports rose 11.8 percent. Exports amounted to SEK 536.6 billion and imports were valued at SEK 536.7 billion, resulting in a net trade deficit of SEK 0.1 billion for January-May 2017. The corresponding surplus figure for these months a year earlier was SEK 1.3 billion.

Statistics Sweden |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/27/2017 9:30:22 AM



Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 2800.00 -3200.00 21900.00 -10100.00 SEK million [+]
Exports 114000.00 99500.00 119100.00 970.00 SEK million [+]
Imports 111200.00 102700.00 118900.00 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 134046.00 128888.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.96 101.69 125.65 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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2800.00 -3200.00 21900.00 -10100.00 1960 - 2017 SEK million Monthly



balance of trade by Country

Last
Australia 2471.00 May/17
Brazil 7195.00 Jun/17
Canada -1085.90 May/17
China 427.70 Jun/17
Euro Area 21417.50 May/17
France -4886.00 May/17
Germany 22000.00 May/17
India -12959.90 Jun/17
Indonesia 1631.20 Jun/17
Italy 4341.51 May/17
Japan 439.91 Jun/17
Mexico -1079.20 May/17
Netherlands 4655.00 May/17
Russia 8519.00 May/17
South Korea 11400.00 Jun/17
Spain -1198829.00 Apr/17
Switzerland 2812.51 Jun/17
Turkey -7307.04 May/17
United Kingdom -3073.00 May/17
United States -46507.00 May/17