Sweden Balance of Trade 1960-2014 | Data | Chart | Calendar | Forecast

Sweden recorded a trade surplus of 1400 SEK million in September of 2014. Balance of Trade in Sweden averaged 3841.63 SEK million from 1960 until 2014, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -4210 SEK million in August of 1982. Balance of Trade in Sweden is reported by the Statistics Sweden.


Sweden Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1400.00 -2700.00 21900.00 -4210.00 1960 - 2014 SEK million Monthly
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 - Sweden Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Sweden Balance of Trade - was last refreshed on Saturday, November 22, 2014.

Sweden Trade Surplus Narrows Sharply in September

Swedish trade surplus decreased to SEK 1.4 billion in September of 2014 compared with a SEK 5.1 billion surplus a year earlier as imports surged 14 percent. Yet, there was one more weekday in September than in last year.

The value of exports in September of 2014 amounted to SEK 101.2 billion, while imports were valued at SEK 99.8 billion. Compared to September 2013, exports increased by 9 percent in value, while imports increased by 14 percent.

Trade with countries outside the EU resulted in a surplus of SEK 12.3 billion, while the EU trade resulted in a deficit of SEK 10.9 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 0.2 billion in September 2014, compared to SEK 0.5 billion in August 2014. The corresponding figure for July 2014 was SEK 0.9 billion.

In the first nine months of 2014, the value of exports increased by 3 percent while imports increased by 6 percent compared to the corresponding period one year ago. Exports amounted to SEK 835.3 billion, and imports were valued at SEK 812.9 billion, resulting in a surplus net trade balance of SEK 22.4 billion for January – September 2014. The corresponding surplus figure for these months one year earlier was SEK 44.9 billion.

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
10/28/2014 8:56:55 AM

Recent Releases

Sweden Trade Balance Swings to Deficit in August
Swedish reported a trade deficit SEK 2.8 billion in August of 2014 compared to SEK 1.9 billion surplus a year ago, as exports remained unchanged while imports grew faster. In July, the country posted a revised SEK 2.4 billion trade surplus. Published on 2014-09-26

Sweden Trade Surplus Narrows in July
Swedish trade surplus fell to SEK 1.9 billion in July of 2014, following a revised SEK 5.4 billion surplus in the previous month and SEK 3.8 billion a year ago, as imports grew faster than exports. Published on 2014-08-27

Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-08-27 08:30 AM
Balance of Trade  Jul 2014
SEK 1.9B SEK 5.4B (R) SEK 5.4B SEK 5.4B
2014-09-26 08:30 AM
Balance of Trade  Aug 2014
SEK -2.8B SEK 2.4B (R) SEK 3.0B SEK 2.4B (R)
2014-10-28 08:30 AM
Balance of Trade  Sep 2014
SEK 1.4B SEK -2.7B (R) SEK 1.9B SEK 1.9B
2014-11-26 08:30 AM
Balance of Trade  Oct 2014
SEK 1.4B SEK 2.7B
2014-12-30 08:30 AM
Balance of Trade  Nov 2014
SEK 2.3B

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1400.00 -2700.00 21900.00 -4210.00 SEK million [+]
Exports 101200.00 84400.00 112900.00 970.00 SEK million [+]
Imports 99800.00 87100.00 105200.00 1020.00 SEK million [+]
Current Account 48.70 61.37 89.59 -15.88 SEK Billion [+]
Current Account to GDP 6.20 6.00 9.30 -3.30 percent [+]
External Debt 187034.00 185627.00 426313.00 0.00 SEK Million [+]
Terms of Trade 98.04 97.97 125.65 93.45 Index Points [+]
Foreign Direct Investment 70921.00 110666.00 505124.00 -462.00 SEK million [+]
Remittances 83.00 93.00 106.00 7.00 EUR Million [+]
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 [+]