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

Sweden recorded at SEK 0.5 billion trade surplus in July of 2016 compared with a SEK 0.4 billion surplus a year earlier. Exports and imports declined by 4 percent. Trade with EU countries resulted in a deficit of SEK 9.0 billion while outside the EU resulted in a surplus of SEK 9.5 billion Balance of Trade in Sweden averaged 3726.53 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
500.00 600.00 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 0.5B SEK 0.6B SEK 2.6B
2016-09-27 07:30 AM Aug SEK 0.5B 92.14
2016-10-26 07:30 AM Sep 496.78
2016-11-28 08:30 AM Oct 556.35

Sweden Trade Surplus Widens in July


Sweden recorded at SEK 0.5 billion trade surplus in July of 2016 compared with a SEK 0.4 billion surplus a year earlier. Exports and imports declined by 4 percent. Trade with EU countries resulted in a deficit of SEK 9.0 billion while outside the EU resulted in a surplus of SEK 9.5 billion

The value of exports in July 2016 amounted to SEK 85.1 billion, while imports were valued at SEK 84.6 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 9.5 billion, while the EU trade resulted in a deficit of SEK 9.0 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.8 billion in July 2016, compared to SEK 0.6 billion gap in June 2016. The corresponding figure for May 2016 was SEK 0.4 billion shortfall.

In the first seven 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 remained unchanged. Exports amounted to SEK 670.5 billion and imports were valued at SEK 666.0 billion, resulting in a surplus net trade balance of 4.5 billion for January–July 2016. The surplus figure for the corresponding months last year was SEK 20.5 billion

Statistics Sweden | Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/29/2016 8:53:34 AM

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 500.00 600.00 21800.00 -5300.00 SEK million [+]
Exports 85100.00 103400.00 112900.00 970.00 SEK million [+]
Imports 84600.00 102800.00 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 151343.00 152933.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.91 101.61 125.65 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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