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

Swedish trade surplus widened to SEK 1.5 billion in January 2017 from SEK 0.8 billion in the same month of the previous year, as exports rose by 19 percent and imports increased at a slower 18 percent. Trade with countries outside the EU resulted in a surplus of SEK 9.4 billion, while EU trade resulted in a deficit of SEK 7.9 billion. Balance of Trade in Sweden averaged 3669.51 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)
2016-12-29 08:30 AM Nov SEK-1.1B SEK -2B SEK -2.1B
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 1.5B SEK -0.1B
2017-04-27 07:30 AM Mar SEK 1.9B
2017-05-29 07:30 AM Apr




Swedish Trade Surplus Widens In January


Swedish trade surplus widened to SEK 1.5 billion in January 2017 from SEK 0.8 billion in the same month of the previous year, as exports rose by 19 percent to SEK 103.4 billion and imports increased at a slower 18 percent to SEK 101.9 billion.

In January 2017 Swedish exports of goods amounted to SEK 103.4 billion, while imports of goods amounted to SEK 101.9 billion. As a result, the net trade balance was SEK 1.5 billion. In January 2016, there was a net trade surplus of SEK 0.8 billion.

The value of exports in January 2017 amounted to SEK 103.4 billion, while imports were valued at SEK 101.9 billion. Compared with January 2016, exports increased by 19 percent in value, while imports increased by 18 percent in value.

Trade with countries outside the EU resulted in a surplus of SEK 9.4 billion, while EU trade resulted in a deficit of SEK 7.9 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.8 billion in January 2017, compared with a deficit of SEK 0.4 billion in December 2016. The corresponding figure for November 2016 was SEK 0.0 billion.

During November 2016-January 2017, the value of exports and the value of imports have both increased by 14 percent compared with the corresponding period one year ago. Exports amounted to SEK 326.0 billion and imports were valued at SEK 326.6 billion, resulting in a deficit net trade balance of SEK 0.6 billion for that period. The corresponding deficit figure for these months one year earlier was SEK 0.4 billion.

Statistics Sweden | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/28/2017 11:04:31 AM



Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1500.00 -800.00 21800.00 -10100.00 SEK million [+]
Exports 103400.00 109300.00 113300.00 970.00 SEK million [+]
Imports 101900.00 110100.00 114600.00 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 132851.00 134213.00 426313.00 0.00 SEK Million [+]
Terms of Trade 100.96 101.41 125.65 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 [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1500.00 -800.00 21800.00 -10100.00 1960 - 2017 SEK million Monthly



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Norway 23539.00 Feb/17
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