Sweden Balance of Trade 1960-2015 | Data | Chart | Calendar | Forecast

Sweden recorded a trade deficit of 700 SEK million in November of 2014. Balance of Trade in Sweden averaged 3824.72 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.

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Sweden Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-700.00 1100.00 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 Tuesday, January 27, 2015.


Sweden Posts Trade Deficit in November


Swedish trade balance swung to a SEK 700 million deficit in November of 2014, compared with a SEK 3800 billion surplus a year earlier, as imports increased and exports showed no growth.

Exports of goods amounted to SEK 94.9 billion, while imports reached SEK 95.6 billion. Year-on-year, exports remained unchanged, while imports increased by 5 percent.

Trade with countries outside the EU resulted in a surplus of SEK 10.5 billion, while the EU trade resulted in a deficit of SEK 11.2 billion.

Considering the first eleven months of 2014, the value of exports increased by 3 percent while imports increased by 7 percent compared to the corresponding period one year ago. Exports amounted to SEK 1035.7 billion, and imports were valued at SEK 1015.4 billion, resulting in a surplus net trade balance of SEK 20.3 billion for January – November 2014. The corresponding surplus figure for these months one year earlier was SEK 52.0 billion.

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
12/30/2014 5:41:05 PM


Recent Releases

Sweden Posts Trade Deficit in October
Swedish trade balance turned into a SEK 0.2 billion deficit in October of 2014 compared with a SEK 3.3 billion surplus a year earlier, as imports rose faster than exports. Published on 2014-11-26

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. Published on 2014-10-28


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-28 08:30 AM
Balance of Trade  Sep
SEK 1.4B SEK -2.7B (R) SEK 1.9B SEK 1.9B
2014-11-26 08:30 AM
Balance of Trade  Oct
SEK -0.2B SEK 1.7B (R) SEK 2.7B
2014-12-30 08:30 AM
Balance of Trade  Nov
SEK -0.7B SEK 1.1B (R) SEK 1.1B
2015-01-27 08:30 AM
Balance of Trade  Dec
SEK -0.7B SEK 1.3B
2015-03-26 08:30 AM
Balance of Trade  Feb
SEK 1.7B
2015-03-26 08:30 AM
Balance of Trade  Jan
SEK 1.8B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade -700.00 1100.00 21900.00 -4210.00 SEK million [+]
Exports 94900.00 104300.00 112900.00 970.00 SEK million [+]
Imports 95600.00 103200.00 105200.00 1020.00 SEK million [+]
Current Account 61.70 53.30 89.59 -15.88 SEK Billion [+]
Current Account to GDP 6.20 6.00 9.30 -3.30 percent [+]
External Debt 187492.00 187292.00 426313.00 0.00 SEK Million [+]
Terms of Trade 99.27 98.57 125.65 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 [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -925.00 Nov/14 -877.00 2219.00 -3897.00 AUD Million [+]
Brazil 293.00 Dec/14 -2350.52 5659.37 -4058.14 USD Million [+]
Canada -644.30 Nov/14 -327.00 8524.80 -2902.90 CAD Million [+]
China 496.13 Dec/14 544.76 544.76 -319.71 USD Hundred Million [+]
Euro Area 19954.00 Nov/14 23646.00 23646.00 -16638.00 EUR Million [+]
France -3236.00 Nov/14 -4270.00 2674.00 -7086.00 EUR Million [+]
Germany 17883.46 Nov/14 22100.00 23400.00 -535.91 EUR Million [+]
India -9430.00 Dec/14 -16861.10 258.90 -20210.90 USD Million [+]
Indonesia -425.70 Nov/14 20.00 4641.92 -2329.13 USD Million [+]
Italy 3541.23 Nov/14 5396.00 6923.00 -6389.30 EUR Million [+]
Japan -660.70 Dec/14 -893.52 1608.67 -2795.04 JPY Billion [+]
Mexico -1076.36 Nov/14 143.00 1710.25 -3292.30 USD Million [+]
Netherlands 4531.00 Nov/14 4849.00 4948.70 -907.60 EUR Million [+]
Russia 13359.00 Nov/14 14222.00 20356.00 -185.00 USD Million [+]
South Korea 5780.00 Dec/14 5510.00 7380.00 -4043.45 USD Million [+]
Spain -1555245.00 Nov/14 -2240060.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.33 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -8316.49 Nov/14 -6273.41 24.51 -10453.06 USD Million [+]
United Kingdom -1406.00 Nov/14 -2246.00 2946.00 -5397.00 GBP Million [+]
United States -39001.00 Nov/14 -42249.00 1946.00 -67823.00 USD Million [+]