Sweden Balance of Trade  1960-2016 | Data | Chart | Calendar | Forecast

Swedish trade surplus increased to SEK 3.9 billion in March of 2016 compared with a SEK 3.3 billion surplus a year earlier, as both exports and imports declined by 3 percent. Trade with countries outside the EU resulted in a surplus of SEK 13.4 billion, while the EU trade resulted in a deficit of SEK 9.5 billion. It was the highest reading since December last year. Balance of Trade in Sweden averaged 3752.47 SEK million from 1960 until 2016, reaching an all time high of 21800 SEK million in March of 2006 and a record low of -5300 SEK million in November of 2015. Balance of Trade in Sweden is reported by the Statistics Sweden.

Sweden Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
3900.00 1500.00 21800.00 -5300.00 1960 - 2016 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 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-25 08:30 AM Jan SEK 1.6B SEK 4.2B SEK 1.4B
2016-03-29 07:30 AM Feb SEK -0.2B SEK 1.5B SEK 2.5B SEK 0.9B
2016-04-27 07:30 AM Mar SEK 3.9B SEK 1.5B SEK 0.5B
2016-05-26 07:30 AM Apr SEK 3.9B SEK 4.2B
2016-06-28 07:30 AM May 1.1B
2016-07-27 07:30 AM Jun 1.7B

Swedish Trade Surplus Widens in March


Swedish trade surplus increased to SEK 3.9 billion in March of 2016 compared with a SEK 3.3 billion surplus a year earlier, as both exports and imports declined by 3 percent. It was the highest reading since December last year.

The value of exports in March 2016 amounted to SEK 104.5 billion, while imports were valued at SEK 100.6 billion. Compared to March 2015, the value of both exports and imports decreased by 3 percent.

Trade with countries outside the EU resulted in a surplus of SEK 13.4 billion, while the EU trade resulted in a deficit of SEK 9.5 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 1.6 billion in March 2016, compared to SEK 1.0 billion in February 2015. The corresponding figure for January 2016 was SEK 0.4 billion.

In the first three months of 2016, the value of exports has decreased by 2 percent compared to the corresponding period one year ago, while the value of imports has decreased by 1 percent. Exports amounted to SEK 286.4 billion, and imports were valued at SEK 279.5 billion, resulting in a surplus net trade balance of SEK 6.9 billion for January – March 2016. The corresponding surplus figure for these months one year earlier was SEK 8.5 billion.

Statistics Sweden | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/27/2016 8:47:29 AM

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 3900.00 1500.00 21800.00 -5300.00 SEK million [+]
Exports 104500.00 94600.00 112900.00 970.00 SEK million [+]
Imports 100600.00 93100.00 106400.00 1020.00 SEK million [+]
Current Account 63.70 69.50 89.60 -15.90 SEK Billion [+]
Current Account to GDP 5.40 7.30 9.30 -3.30 percent [+]
External Debt 157048.00 158117.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.05 101.85 125.65 93.45 Index Points [+]
Foreign Direct Investment 106105.00 24432.00 505124.00 -27912.00 SEK million [+]
Capital Flows -16.10 29.50 164.80 -81.60 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 3.08 1.71 3.08 0.01 [+]




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