Sweden recorded a trade surplus of 800 SEK million in October of 2021. source: Statistics Sweden

Balance of Trade in Sweden averaged 3443.01 SEK million from 1960 until 2021, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -10700 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 December of 2021.

Balance of Trade in Sweden is expected to be 1200.00 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 -2000.00 SEK million in 2022 and 1600.00 SEK million in 2023, according to our econometric models.

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Sweden Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-27 07:30 AM Sep SEK6.3B SEK-10.5B SEK 0.9B
2021-11-29 08:30 AM Oct SEK0.8B SEK6.8B SEK6.9B
2021-12-29 08:30 AM Nov SEK0.8B


Related Last Previous Unit Reference
Balance of Trade 800.00 6800.00 SEK million Oct/21
Current Account 80.30 74.50 SEK Billion Jun/21
Imports 144400.00 140200.00 SEK million Oct/21
Exports 145200.00 147000.00 SEK million Oct/21
Terms of Trade 101.75 104.24 points Oct/21
Capital Flows 172.30 92.80 SEK Billion Jun/21
Remittances 18.70 15.80 SEK Billion Jun/21

News Stream
Swedish Trade Surplus Widens in September
Sweden's trade surplus widened to SEK 6.3 billion in September of 2021 from SEK 2.8 billion in the corresponding month last year. Exports increased 17 percent from a year earlier to SEK 146.2 billion and imports rose 15 percent to SEK 139.9 billion. The number of weekdays in September 2021 was the same as in September 2020. Trade in goods with countries outside the EU resulted in a surplus of SEK 18.3 billion, while EU trade resulted in a deficit of SEK 12 billion.
2021-10-27
Swedish Trade Deficit Widens in August
Sweden’s trade deficit widened to SEK 10.3 billion in August of 2021 from SEK 1.8 billion in the corresponding month last year. Exports increased 11 percent from a year earlier to SEK 115 billion and imports rose 19 percent to SEK 125.3 billion, due to a low base year. The number of weekdays in August 2021 was one more compared with August 2020.Trade in goods with countries outside the EU resulted in a surplus of SEK 6.4 billion, while EU trade resulted in a deficit of SEK 16.7 billion.
2021-09-28
Swedish Trade Surplus Widens in May
Sweden's trade surplus widened to SEK 5.1 billion in May 2021 from SEK 1.1 billion in the corresponding month last year. Exports increased 30 percent from a year earlier to SEK 133.2 billion and imports rose 27 percent to SEK 128.1 billion, due to a low base year and a recovery in global demand. The number of weekdays in May 2021 was one more compared with May 2020. Trade in goods with countries outside the EU resulted in a surplus of SEK 19.8 billion, while EU trade resulted in a deficit of SEK 14.7 billion.
2021-06-29

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.