Sweden recorded a trade deficit of SEK 7.3 billion in April 2026, shifting from a surplus of SEK 5.3 billion in the corresponding month a year earlier, as import growth far outpaced export growth. Imports surged 16.0% year-on-year to a record SEK 190.8 billion due to notable increases in purchases from both EU countries (12.5% to SEK 127.9 billion) and non-EU markets (23.8% to SEK 62.9 billion). Exports grew 8.1% to SEK 183.5 billion, driven by higher sales to both the EU (10% to SEK 100.5 billion) and non-EU countries (5.9% to SEK 83.0 billion). In the January–April period, the trade surplus narrowed sharply to SEK 5.7 billion from SEK 36.2 billion in the same period last year. On a seasonally adjusted basis, net trade showed a deficit of SEK 2.9 billion in April, widening from a revised SEK 1.4 billion in March. source: Statistics Sweden

Sweden recorded a trade deficit of 7300 SEK Million in April of 2026. Balance of Trade in Sweden averaged 3330.05 SEK Million from 1960 until 2026, reaching an all time high of 21800.00 SEK Million in March of 2006 and a record low of -18200.00 SEK Million in August of 2022. 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 May of 2026.

Sweden recorded a trade deficit of 7300 SEK Million in April of 2026. Balance of Trade in Sweden is expected to be 8000.00 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 5000.00 SEK Million in 2027 and 6000.00 SEK Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-28 06:00 AM
Balance of Trade
Mar SEK9.3B SEK0.7B SEK 8.8B
2026-05-28 06:00 AM
Balance of Trade
Apr SEK-7.3B SEK6.9B SEK4.4B
2026-06-29 06:00 AM
Balance of Trade
May SEK-7.3B


Related Last Previous Unit Reference
Balance of Trade -7300.00 6900.00 SEK Million Apr 2026
Capital Flows -86.50 157.50 SEK Billion Dec 2025
Current Account 78.10 95.10 SEK Billion Dec 2025
Exports 183500.00 195400.00 SEK Million Apr 2026
Imports 190800.00 188500.00 SEK Million Apr 2026
Remittances 23.40 23.50 SEK Billion Dec 2025
Terms of Trade 93.24 94.00 points Apr 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-7300.00 6900.00 21800.00 -18200.00 1960 - 2026 SEK Million Monthly

News Stream
Sweden Trade Balance Swings to Deficit
Sweden recorded a trade deficit of SEK 7.3 billion in April 2026, shifting from a surplus of SEK 5.3 billion in the corresponding month a year earlier, as import growth far outpaced export growth. Imports surged 16.0% year-on-year to a record SEK 190.8 billion due to notable increases in purchases from both EU countries (12.5% to SEK 127.9 billion) and non-EU markets (23.8% to SEK 62.9 billion). Exports grew 8.1% to SEK 183.5 billion, driven by higher sales to both the EU (10% to SEK 100.5 billion) and non-EU countries (5.9% to SEK 83.0 billion). In the January–April period, the trade surplus narrowed sharply to SEK 5.7 billion from SEK 36.2 billion in the same period last year. On a seasonally adjusted basis, net trade showed a deficit of SEK 2.9 billion in April, widening from a revised SEK 1.4 billion in March.
2026-05-28
Sweden Trade Surplus Narrows in March
Sweden's trade surplus narrowed to SEK 9.3 billion in March 2026 from SEK 10.9 billion in the same month last year, as imports grew faster than exports. Imports rose 5.8% to SEK 185.8 billion, driven solely by higher purchases from EU countries (+8.8% to SEK 126.5 billion), while those from non-EU countries were unchanged at SEK 59.3 billion. Meanwhile, exports increased 4.6% to SEK 195.1 billion, supported by stronger sales to EU markets (+10.8% to SEK 109.6 billion), while outbound shipments to non-EU markets declined (-2.4% to SEK 85.5 billion). In the first three months of the year, the cumulative trade surplus narrowed significantly to SEK 16.4 billion from SEK 30.9 billion in the same period a year earlier. On a seasonally adjusted basis, the trade balance posted a deficit of SEK 0.5 billion in March, shifting from a SEK 0.3 billion surplus in the previous month.
2026-04-28
Sweden Trade Surplus Smallest in 4 Months
Sweden recorded a trade surplus of SEK 1.8 billion in February 2026, narrowing sharply from SEK 12.1 billion in the same month of the previous year. This also marked the smallest monthly surplus since October last year, as exports fell while imports rose. Year-on-year, exports declined by 5.1% to SEK 163.8 billion, due to weaker shipments to both EU countries (-1.6% to SEK 93.5 billion) and non-EU markets (-9.2% to SEK 71.8 billion). Meanwhile, imports increased by 0.9% to SEK 162 billion, driven by a 5.5% rise in purchases from EU countries to SEK 113.9 billion, though imports from non-EU markets decreased by 8.4% to SEK 48.1 billion. Considering the first two months of the year, the cumulative trade surplus narrowed to SEK 8.1 billion from SEK 24.3 billion in the corresponding period a year ago. On a seasonally adjusted basis, the trade surplus fell to SEK 0.9 billion in February from SEK 2.5 billion in January.
2026-03-26