Sweden’s trade surplus narrowed to SEK 7.2 billion in November 2024 from SEK 10.4 billion in the same month last year. Exports fell 4.4% year-on-year to SEK 181.3 billion, with declines in sales to both EU countries (-2.7% to SEK 102.2 billion) and non-EU countries (-6.6% to SEK 79.1 billion). Meanwhile, imports decreased at a softer 2.9% to SEK 174.1 billion, reflecting lower purchases from both EU (-2.9% to SEK 119.8 billion) and non-EU countries (-2.9% to SEK 54.3 billion). On a seasonally adjusted basis, the trade surplus rose to SEK 4.7 billion in November from SEK 4.2 billion in the previous month. For the January to November 2024 period, the trade surplus reached SEK 61 billion, up from SEK 44.6 billion in the same period last year. source: Statistics Sweden

Sweden recorded a trade surplus of 7200 SEK Million in November of 2024. Balance of Trade in Sweden averaged 3329.42 SEK Million from 1960 until 2024, reaching an all time high of 21800.00 SEK Million in March of 2006 and a record low of -18200.00 SEK Million in August of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Sweden recorded a trade surplus of 7200 SEK Million in November of 2024. Balance of Trade in Sweden is expected to be 5000.00 SEK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-28 07:00 AM
Balance of Trade
Oct SEK0.6B SEK-0.1B SEK1.5B
2024-12-27 07:00 AM
Balance of Trade
Nov SEK7.2B SEK1.1B SEK0.5B
2025-01-27 07:00 AM
Balance of Trade
Dec SEK7.2B SEK 1B


Related Last Previous Unit Reference
Balance of Trade 7200.00 1100.00 SEK Million Nov 2024
Capital Flows 147.80 210.70 SEK Billion Sep 2024
Current Account 94.30 165.80 SEK Billion Sep 2024
Exports 181300.00 183500.00 SEK Million Nov 2024
Imports 174100.00 182400.00 SEK Million Nov 2024
Remittances 21.90 30.00 SEK Billion Sep 2024
Terms of Trade 98.14 97.18 points Nov 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
7200.00 1100.00 21800.00 -18200.00 1960 - 2024 SEK Million Monthly


News Stream
Sweden Trade Surplus Narrows in November
Sweden’s trade surplus narrowed to SEK 7.2 billion in November 2024 from SEK 10.4 billion in the same month last year. Exports fell 4.4% year-on-year to SEK 181.3 billion, with declines in sales to both EU countries (-2.7% to SEK 102.2 billion) and non-EU countries (-6.6% to SEK 79.1 billion). Meanwhile, imports decreased at a softer 2.9% to SEK 174.1 billion, reflecting lower purchases from both EU (-2.9% to SEK 119.8 billion) and non-EU countries (-2.9% to SEK 54.3 billion). On a seasonally adjusted basis, the trade surplus rose to SEK 4.7 billion in November from SEK 4.2 billion in the previous month. For the January to November 2024 period, the trade surplus reached SEK 61 billion, up from SEK 44.6 billion in the same period last year.
2024-12-27
Sweden Trade Surplus Sharply Narrows in October
Sweden's trade surplus significantly decreased to SEK 0.6 billion in October 2024 from SEK 7.1 billion in the corresponding month of the previous year. Exports declined by 5.8% from a year earlier to SEK 183.1 billion, with sales dropping to the EU (-4% to SEK 99.5 billion) and non-EU countries (-7.9% to SEK 83.6 billion). Meanwhile, imports fell at a softer 2.6% to SEK 182.5 billion, weighed down by reduced purchases from both EU (-1% to SEK 124.2 billion) and non-EU (-5.8% vs SEK 58.3 billion). On a seasonally adjusted basis, Sweden's trade surplus decreased to SEK 2.5 billion compared to SEK 2.9 billion in the previous month. From January to October of 2024, the trade surplus was recorded at SEK 53.7 billion, notably higher than the SEK 32.3 billion surplus recorded during the same period last year.
2024-11-28
Sweden Trade Surplus Sharply Narrows
Sweden ‘s trade surplus sharply narrowed to SEK 0.8 billion in September 2024 from SEK 2.3 billion in the same month a year earlier. Year-on-year, exports shrank 8.7% to SEK 169.0 billion, with sales plunging to the EU (-10.9% to SEK 90.5 billion) and non-EU countries (-6% to SEK 78.5 billion). Meanwhile, imports sank at a slightly slower 8% to SEK 168.2 billion, due to decreased purchases from both EU (-8% to SEK 114.6 billion) and non-EU countries (-8.1% to SEK 53.6 billion). On a seasonally adjusted basis, the country’s trade surplus fell to SEK 3.3 billion compared to SEK 4.2 billion in August. Considering January to September, the trade surplus widened to SEK 54.2 billion, notably higher than the SEK 27.1 billion recorded in the corresponding period last year.
2024-10-28