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

Swedish trade surplus decreased slightly to SEK 2.6 billion in September of 2017 from SEK 2.7 billion a year earlier with both exports and imports rising 3 percent. The number of weekdays in September 2017 was one less than in September 2016. Balance of Trade in Sweden averaged 3614.89 SEK million from 1960 until 2017, reaching an all time high of 21800 SEK million in March of 2006 and a record low of -10500 SEK million in August of 2016.

Sweden Balance of Trade
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Sweden Trade Surplus Narrows Slightly


Swedish trade surplus decreased slightly to SEK 2.6 billion in September of 2017 from SEK 2.7 billion a year earlier with both exports and imports rising 3 percent. The number of weekdays in September 2017 was one less than in September 2016.

Year-on-year, exports went up 3 percent to SEK 111 billion and imports also increased 3 percent to SEK 108.4 billion. Trade with countries outside the EU resulted in a surplus of SEK 15.2 billion, while EU trade resulted in a deficit of SEK 12.6 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.5 billion in September 2017, compared with a deficit of SEK 0.8 billion in August 2017. 

Considering the first nine months of the year, both exports and imports rose 10 percent over a year earlier to SEK 956.0 billion and SEK 959.0 billion respectively. The country's trade deficit narrowed to SEK 3.0 billion from a SEK 7.7 billion gap in the first nine months of 2016.

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
10/26/2017 8:30:26 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-28 07:30 AM Balance of Trade SEK -0.5B SEK 5.4B SEK 1.5B
2017-09-27 07:30 AM Balance of Trade SEK-5.40B SEK-1.90B SEK -7.4B
2017-10-26 07:30 AM Balance of Trade SEK2.60B SEK-6.60B SEK 2.5B
2017-11-28 08:30 AM Balance of Trade SEK2.60B SEK-2.8B
2017-12-28 08:30 AM Balance of Trade


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 2600.00 -6600.00 21800.00 -10500.00 SEK million [+]
Exports 111000.00 98500.00 119100.00 970.00 SEK million [+]
Imports 108400.00 105100.00 119300.00 1020.00 SEK million [+]
Current Account 39.50 42.20 82.30 -15.90 SEK Billion [+]
Current Account to GDP 4.70 4.70 8.20 -3.30 percent [+]
External Debt 128841.00 129337.00 426313.00 0.00 SEK Million [+]
Terms of Trade 100.81 100.81 125.65 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 [+]
Weapons Sales 249.00 185.00 903.00 15.00 USD Million [+]
Terrorism Index 3.76 3.98 3.98 0.01 [+]
Crude Oil Production 0.00 0.00 0.08 0.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2600.00 -6600.00 21800.00 -10500.00 1960 - 2017 SEK million Monthly




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17