Sweden recorded a trade surplus of SEK 1.4 billion in April of 2019 compared to a SEK 7.0 billion deficit in the corresponding month of the previous year. Exports went up 10 percent from a year earlier to SEK 128 billion and imports advanced at a slower 2 percent to SEK 126.6 billion. Trade in goods with countries outside the EU resulted in a surplus of SEK 14.9 billion, while EU trade resulted in a deficit of SEK 13.5 billion. The number of weekdays in April 2019 was the same as in April 2018. Considering the first four month of the year, Sweden posted a trade surplus of SEK 15.5 billion compared to a SEK 11.1 billion gap in the same period of 2018. Exports advanced 10 percent and imports rose 5 percent. Balance of Trade in Sweden averaged 3477.27 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 3000.00 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 2100.00 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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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
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 SEK7B SEK6.3B SEK1.6B
2019-05-28 07:30 AM Balance of Trade SEK1.4B SEK6.4B SEK-5.6B
2019-06-27 07:30 AM Balance of Trade SEK1.4B SEK-4.8B
2019-07-26 07:30 AM Balance of Trade SEK3.0B
2019-08-27 07:30 AM Balance of Trade SEK-1.8B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1400.00 6400.00 21900.00 -10500.00 SEK million [+]
Current Account 62.70 29.00 82.30 -15.90 SEK Billion [+]
Current Account to GDP 2.00 3.20 8.20 -3.30 percent [+]
Imports 126600.00 127000.00 144500.00 1020.00 SEK million [+]
Exports 128000.00 133400.00 137600.00 970.00 SEK million [+]
External Debt 8349.10 8062.90 8942.40 1853.60 SEK Billion [+]
Terms of Trade 100.78 101.48 125.65 93.45 Index Points [+]
Foreign Direct Investment 63.70 -2.70 349.00 -69.80 SEK Billion [+]
Capital Flows -80.60 114.20 162.90 -151.40 SEK Billion [+]
Remittances 18.10 16.20 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 134.00 84.00 898.00 13.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1400.00 6400.00 21900.00 -10500.00 1960 - 2019 SEK million Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 22532.90 Mar/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -2352600.00 Mar/19
Switzerland 1906.00 Apr/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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