Sweden recorded a trade surplus of SEK 5.0 billion in February of 2019 compared to a SEK 2.4 billion gap in the same month of the previous year. Exports rose 13 percent to SEK 122.7 billion and imports increased at a slower 6 percent to SEK 117.7 billion. The number of weekdays in February 2019 was the same as in February 2018. The European Union trade resulted in a gap of SEK 12.4 billion while trade with countries outside the EU resulted in a surplus of SEK 17.4 billion. Balance of Trade in Sweden averaged 3477.21 SEK million from 1960 until 2019, reaching an all time high of 21900 SEK million in March of 2006 and a record low of -10500 SEK million in August of 2016.

Balance of Trade in Sweden is expected to be 1600.00 SEK million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sweden to stand at -5100.00 in 12 months time. In the long-term, the Sweden Balance of Trade is projected to trend around -4000.00 SEK million in 2020, according to our econometric models.

Sweden Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-28 08:30 AM Balance of Trade SEK4.9B SEK-8.4B SEK 0.5B
2019-01-28 08:30 AM Balance of Trade SEK-4.7B SEK2.8B SEK-3.2B
2019-02-27 08:30 AM Balance of Trade SEK1.2B SEK-7.2B SEK-2.4B
2019-03-27 08:30 AM Balance of Trade SEK5B SEK3.1B SEK-1.7B
2019-04-29 07:30 AM Balance of Trade SEK5B SEK1.6B
2019-05-28 07:30 AM Balance of Trade SEK-5.6B
2019-06-27 07:30 AM Balance of Trade SEK-4.8B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 5000.00 3100.00 21900.00 -10500.00 SEK million [+]
Current Account 39.60 36.30 82.30 -15.90 SEK Billion [+]
Current Account to GDP 2.00 3.20 8.20 -3.30 percent [+]
Imports 117700.00 123600.00 144500.00 1020.00 SEK million [+]
Exports 122700.00 126700.00 137700.00 970.00 SEK million [+]
External Debt 8053.30 8811.30 8942.40 1853.60 SEK Billion [+]
Terms of Trade 101.51 101.80 125.65 93.45 Index Points [+]
Foreign Direct Investment -1.20 59.50 349.00 -69.80 SEK Billion [+]
Capital Flows 107.90 -80.40 162.90 -151.40 SEK Billion [+]
Remittances 16.30 16.80 20.00 3.50 SEK Billion [+]
Gold Reserves 125.70 125.70 185.42 125.70 Tonnes [+]
Terrorism Index 3.94 3.76 3.98 0.01 [+]
Weapons Sales 83.00 267.00 898.00 15.00 USD Million [+]

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



Sweden Balance of Trade

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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5000.00 3100.00 21900.00 -10500.00 1960 - 2019 SEK million Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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