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

Swedish trade balance posted a SEK 0.8 billion deficit in March 2017 compared with a SEK 1.8 billion surplus in the same month of the previous year and missing market expectations of a SEK 2.0 billion surplus. Exports rose by 15 percent year-on-year to SEK 119.2 billion and imports increased at a faster 18 percent to SEK 120.0 billion. In the first quarter of the year, the trade balance posted a SEK 0.7 billion gap compared with a SEK 2.4 billion surplus in the same period of 2016. Balance of Trade in Sweden averaged 3653.74 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
Receive the next reported value for Sweden Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-28 08:30 AM Jan SEK 1.5B SEK -0.8B SEK 0.8B
2017-03-28 07:30 AM Feb SEK 0.0B SEK 0.6B SEK 3B SEK -0.1B
2017-04-27 07:30 AM Mar SEK -0.8B SEK -0.9B SEK 2B SEK 1.9B
2017-05-29 07:30 AM Apr SEK -0.8B SEK 2.2B
2017-06-27 07:30 AM May
2017-07-26 07:30 AM Jun




Swedish Trade Balance Swings To Deficit In March


Swedish trade balance posted a SEK 0.8 billion deficit in March 2017 compared with a SEK 1.8 billion surplus in the same month of the previous year and missing market expectations of a SEK 2.0 billion surplus. Exports rose by 15 percent year-on-year to SEK 119.2 billion and imports increased at a faster 18 percent to SEK 120.0 billion.

In March 2017, Swedish exports of goods increased by 15 percent year-on-year to SEK 119.2 billion, while imports of goods rose at a faster 18 percent to SEK 120.0 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 16.2 billion, while EU trade resulted in a deficit of SEK 17.0 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 1.7 billion in March 2017, compared with a deficit of SEK 1.5 billion in February 2017. The corresponding figure for January 2017 was a deficit of SEK 1.1 billion.

In the first quarter of the year, the value of exports increased by 13 percent compared with the corresponding period one year ago, while the value of imports increased by 14 percent. Exports amounted to SEK 322.6 billion and imports were valued at SEK 323.3 billion, resulting in a deficit net trade balance of SEK 0.7 billion for January–March 2017. The corresponding surplus figure for these months one year earlier was SEK 2.4 billion.

Statistics Sweden | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/27/2017 8:05:41 AM



Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade -800.00 -900.00 21800.00 -10100.00 SEK million [+]
Exports 119200.00 100400.00 119200.00 970.00 SEK million [+]
Imports 120000.00 101300.00 120000.00 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 131796.00 133498.00 426313.00 0.00 SEK Million [+]
Terms of Trade 101.79 101.07 125.65 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 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-800.00 -900.00 21800.00 -10100.00 1960 - 2017 SEK million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -2606000.00 Feb/17
Switzerland 1968.00 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17