Sweden Balance of Trade 1960-2014 | Data | Chart | Calendar | Forecast

Sweden recorded a trade surplus of 1900 SEK million in July of 2014. Balance of Trade in Sweden averaged 3864.76 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.

   
 
 

Sweden Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
1900.00 5400.00 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, September 23, 2014.


Sweden Trade Surplus Narrows in July


Swedish trade surplus fell to SEK 1.9 billion in July of 2014, following a revised SEK 5.4 billion surplus in the previous month and SEK 3.8 billion a year ago, as imports grew faster than exports.

The value of exports in July of 2014 amounted to SEK 86.9 billion, while imports were valued at SEK 85.0 billion. Compared to July 2013, exports increased by 2 percent, while imports expanded 4 percent.
 
Trade with countries outside the EU resulted in a surplus of SEK 9.0 billion, while the EU trade resulted in a deficit of SEK 7.1 billion.
 
In June of 2014, the number of weekdays was the same as in the same month of the previous year.
 
During January - July 2014, exports increased by 2 percent while imports rose 4 percent compared to the corresponding period one year ago. Exports amounted to SEK 650.0 billion, and imports were valued at SEK 625.2 billion, resulting in a trade surplus of SEK 24.8 billion. The corresponding surplus for these months one year earlier was SEK 35.9 billion.

Statistics Sweden l Rida l rida@tradingeconomics.com
8/27/2014 2:36:55 PM


Recent Releases

Sweden Trade Balance Returns to Surplus
The Swedish foreign trade in goods resulted in a trade surplus of SEK 5.2 billion in June of 2014, following a revised SEK 0.2 billion gap in the previous month. In June of 2013 the trade surplus was SEK 3.9 billion. Published on 2014-07-25

Sweden Trade Surplus Narrows in May
Swedish trade surplus fell to SEK 0.2 billion in May of 2014 from a revised SEK 4.1 billion in April and SEK 3.7 billion a year earlier, due to a surge in imports. Published on 2014-06-27


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-27 08:30 AM Sweden
Balance of Trade
Apr 2014 SEK 4.60B SEK 2.5B (R) SEK 5.50B SEK 4.1B
2014-06-27 08:30 AM Sweden
Balance of Trade
May 2014 SEK 0.2B SEK 4.1B (R) SEK 6.5B
2014-07-25 08:30 AM Sweden
Balance of Trade
Jun 2014 SEK 5.2B SEK -0.2B (R) SEK 3.5B
2014-08-27 08:30 AM Sweden
Balance of Trade
Jul 2014 SEK 1.9B SEK 5.4B (R) SEK 5.4B SEK 5.4B
2014-09-26 08:30 AM Sweden
Balance of Trade
Aug 2014 SEK 1.9B SEK 3.0B SEK 3B


Trade Last Previous Highest Lowest Unit
Balance of Trade 1900.00 5400.00 21900.00 -4210.00 SEK million [+]
Exports 86900.00 96000.00 112900.00 970.00 SEK million [+]
Imports 85000.00 90600.00 105200.00 1020.00 SEK million [+]
Current Account 48.70 61.37 89.59 -15.88 SEK Billion [+]
Current Account to GDP 6.20 6.00 9.30 -3.30 Percent [+]
External Debt 184873.00 184024.00 426313.00 0.00 SEK Million [+]
Terms of Trade 96.97 96.98 125.65 93.45 Index Points [+]
Foreign Direct Investment 73096.00 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 -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 6857.00 Jul/14 3236.30 6857.00 -6389.30 EUR Million [+]
Japan -948.50 Aug/14 -962.13 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1826700.00 Jul/14 -1477012.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 1386.00 Aug/14 3901.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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