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.