Sweden Balance of Trade 1960-2015 | Data | Chart | Calendar | Forecast

Sweden recorded a trade surplus of 300 SEK million in July of 2015. Balance of Trade in Sweden averaged 3793.73 SEK million from 1960 until 2015, reaching an all time high of 21800 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
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Actual Previous Highest Lowest Dates Unit Frequency
300.00 8400.00 21800.00 -4210.00 1960 - 2015 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. Content for - Sweden Balance of Trade - was last refreshed on Thursday, September 3, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-26 08:30 AM May SEK2.3B SEK4.6B(R) 4.8B
2015-07-24 08:30 AM Jun SEK8.4B SEK2.4B(R) 4.6B
2015-08-26 08:30 AM Jul SEK0.3B SEK7.7B SEK6.2B
2015-09-25 08:30 AM Aug SEK0.3B 4B
2015-10-28 08:30 AM Sep 4.6B
2015-11-26 08:30 AM Oct 4.5B


Swedish Trade Surplus at 10-Month Low


Sweden trade balance posted a SEK 0.3 billion surplus, narrowing sharply from a SEK 1.3 billion surplus a year earlier as imports’ growth doubled the one for exports.

Exports increased 2 percent year-on-year to SEK 89.4 billion, while imports rose 4 percent to SEK 89.1 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 9.4 billion, while the EU trade resulted in a deficit of SEK 9.1 billion.

Figures for June were revised downwards to a SEK 7.7 billion trade surplus. 

So far this year, the value of exports increased by 5 percent while imports increased by 4 percent compared to the corresponding period one year ago. Exports amounted to SEK 682.9 billion, and imports were valued at SEK 658.6 billion, resulting in a trade surplus of SEK 24.3 billion for January – July 2015. The corresponding surplus figure for these months one year earlier was SEK 15.7 billion.

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
8/26/2015 9:00:02 AM


Recent Releases

Sweden Trade Surplus Widens to 3-Year High in June
Swedish trade surplus increased to SEK 8.4 billion in June of 2015 from a SEK 4.2 billion surplus a year earlier, as exports grew at a faster pace than imports. It was the highest value since June 2012.
Published on 2015-07-24

Sweden Trade Balance Swings into Surplus
Swedish trade balance swung into a SEK 2300 million surplus in May of 2015 compared with a SEK 1600 million deficit a year earlier.
Published on 2015-06-26

Sweden Trade Surplus Widens to 2-Year High in April
Swedish trade surplus increased to SEK 5.7 billion in April of 2015 from SEK 2.4 billion surplus a year earlier as exports grew at a faster pace than imports. It was the highest value since May 2013.
Published on 2015-05-27

Sweden Trade Surplus Widens in March
Swedish trade surplus increased to SEK 4.2 billion in March of 2015 from SEK 0.8 billion surplus a year earlier as exports grew at a faster pace than imports.
Published on 2015-04-28


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 300.00 8400.00 21800.00 -4210.00 SEK million [+]
Exports 89400.00 108700.00 112900.00 970.00 SEK million [+]
Imports 89100.00 101000.00 105200.00 1020.00 SEK million [+]
Current Account 58.40 78.70 89.59 -15.88 SEK Billion [+]
Current Account to GDP 6.30 7.30 9.30 -3.30 percent [+]
External Debt 178119.00 181004.00 426313.00 0.00 SEK Million [+]
Terms of Trade 100.28 99.64 125.65 93.45 Index Points [+]
Foreign Direct Investment 70921.00 110666.00 505124.00 -239.00 SEK million [+]
Remittances 83.00 93.00 106.00 7.00 EUR Million [+]
Gold Reserves 125.72 125.72 185.42 125.72 Tonnes [+]
Capital Flows 173.50 81.00 173.50 -79.30 SEK Billion [+]
Crude Oil Production 0.00 0.00 0.08 0.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2460.00 Jul/15 -3050.00 2254.00 -4156.00 AUD Million [+]
Brazil 2689.00 Aug/15 2379.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 4350.00 Aug/15 7723.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]