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

Swedish trade balance was recorded at SEK 0.0 billion in February of 2017 compared to a SEK 0.2 billion deficit in the same month of the previous year, as both exports an imports increased 7 percent and came in at SEK 101.6 billion. Trade with countries outside the EU resulted in a surplus of SEK 13.4 billion, while EU trade resulted in a deficit of SEK 13.4 billion. Balance of Trade in Sweden averaged 3661.10 SEK million from 1960 until 2017, reaching an all time high of 21800 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 Reference Actual Previous Consensus Forecast (i)
2017-01-26 08:30 AM Dec SEK 1.0B SEK-1.2B SEK 3.6B
2017-02-28 08:30 AM Jan SEK 1.5B SEK -0.8B SEK 0.8B
2017-03-28 07:30 AM Feb SEK 0.0B SEK 0.6B SEK 3B SEK -0.1B
2017-04-27 07:30 AM Mar SEK 0.0B SEK 2B SEK 1.9B
2017-05-29 07:30 AM Apr
2017-06-27 07:30 AM May




Sweden Trade Account In Balance In February


Swedish trade balance was recorded at SEK 0.0 billion in February of 2017 compared to a SEK 0.2 bilion deficit in the same month of the previous year, as both exports and imports rose 7 percent.

In February, both exports and imports of goods amounted to SEK 101.6 billion.

Trade with countries outside the EU resulted in a surplus of SEK 13.4 billion, while EU trade resulted in a deficit of SEK 13.4 billion. 

Seasonally adjusted, the net trade amounted to SEK 1.0 billion in February of 2017, compared with a deficit of SEK 0.9 billion in January of 2017. The corresponding figure for December 2016 was SEK 0.6 billion.

During December 2016-February 2017, the value of exports has increased 12 percent compared with the corresponding period a year ago, while the value of imports has increased 14 percent. Exports amounted to SEK 313.9 billion and imports were valued at SEK 314.5 billion, resulting in a deficit net trade balance of 0.6 billion for that period. For the corresponding month a year earlier it was recorded a surplus of SEK 4.6 billion.

Statistics Sweden | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
3/28/2017 2:29:01 PM



Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 0.00 600.00 21800.00 -10100.00 SEK million [+]
Exports 101600.00 103200.00 112900.00 970.00 SEK million [+]
Imports 101600.00 102600.00 114900.00 1020.00 SEK million [+]
Current Account 64.30 59.30 82.30 -15.90 SEK Billion [+]
Current Account to GDP 5.00 5.40 9.30 -3.30 percent [+]
External Debt 133498.00 132851.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.07 100.96 125.65 93.45 Index Points [+]
Foreign Direct Investment 167677.00 52316.00 505124.00 -27912.00 SEK million [+]
Capital Flows 19.00 -7.50 167.40 -80.80 SEK Billion [+]
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 [+]
Terrorism Index 3.98 3.08 3.98 0.01 [+]
Weapons Sales 186.00 342.00 903.00 15.00 USD Million [+]

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 600.00 21800.00 -10100.00 1960 - 2017 SEK million Monthly



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