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

Sweden recorded at SEK 1.8 billion trade surplus in June of 2016 compared with a SEK 6.3 billion surplus a year earlier. Exports went down 4 percent and imports fell at slower rate of 0.3 percent. Trade with EU countries resulted in a deficit of SEK 11.7 billion while outside the EU resulted in a surplus of SEK 13.5 billion. Balance of Trade in Sweden averaged 3736.01 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
1800.00 -2200.00 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-26 07:30 AM Apr SEK 4.4B SEK 2.4B SEK 4.2B
2016-06-28 07:30 AM May SEK -2.1B SEK 3.8B SEK 1.5B
2016-07-27 07:30 AM Jun SEK 1.8B SEK -2.2B SEK 1.3B
2016-08-29 07:30 AM Jul SEK 1.8B 1.8B
2016-09-27 07:30 AM Aug 0.6B
2016-10-26 07:30 AM Sep 1B

Swedish Trade Surplus Narrows by 71% YoY in June


Sweden recorded at SEK 1.8 billion trade surplus in June of 2016 compared with a SEK 6.3 billion surplus a year earlier. Exports went down 4 percent and imports fell at slower rate of 0.3 percent. Trade with EU countries resulted in a deficit of SEK 13.6 billion while outside the EU resulted in a surplus of SEK 11.5 billion. It was the first trade gap since November 2015.

The value of exports in June 2016 amounted to SEK 104.6 billion, while imports were valued at SEK 102.8 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 13.5 billion, while the EU trade resulted in a deficit of SEK 11.7 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 0.7 billion in June 2016, compared to SEK 0.3 billion in May 2015. The corresponding figure for April 2016 was SEK 0 billion.

In the first five 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 increased by 1 percent. Exports amounted to SEK 586.2 billion, and imports were valued at SEK 579.6 billion, resulting in a surplus net trade balance of 6.6 billion for January–June 2016. The corresponding surplus figure for these months one year earlier was SEK 20.1 billion.

Statistics Sweden |Mojdeh Kazemi | mojdeh@tradingeconomics.com
7/27/2016 9:20:41 AM

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1800.00 -2200.00 21800.00 -5300.00 SEK million [+]
Exports 104600.00 96200.00 112900.00 970.00 SEK million [+]
Imports 102800.00 98400.00 106400.00 1020.00 SEK million [+]
Current Account 64.30 62.70 89.60 -15.90 SEK Billion [+]
Current Account to GDP 5.40 7.30 9.30 -3.30 percent [+]
External Debt 152933.00 154347.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.16 101.16 125.65 93.45 Index Points [+]
Foreign Direct Investment 106105.00 24432.00 505124.00 -27912.00 SEK million [+]
Capital Flows -8.20 -29.80 164.80 -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 [+]
Weapons Sales 186.00 342.00 903.00 15.00 USD Million [+]




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