Sweden Balance of Trade

Last Release

Feb 28, 2025

Actual

14,400

Units In

SEK million

14,500

Frequency

Monthly

Next Release

Apr 29, 2025

Time to Release

1 Months 1 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
21,900 Mar 2006	-18,000 Aug 2022	3,389.41 SEK million	1960-2025	Statistics Sweden

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.

Latest Updates

Sweden’s trade surplus increased to SEK 14.4 billion in February 2025 from SEK 11.2 billion in the same month of the previous year. This marks the second-largest trade surplus since 2009, as exports rose and imports fell. Exports grew by 1.0% year-on-year to SEK 174.1 billion, driven by a 7.0% rise in sales to non-EU countries, whereas shipments to EU countries declined by 3.7%. Meanwhile, imports fell by 0.9% to SEK 159.7 billion, with purchases from the EU decreasing by 1.6%, and those from non-EU countries rising by 0.6%. On a seasonally adjusted basis, the trade surplus increased to SEK 7.4 billion from SEK 6.1 billion in the previous month. Considering the first two months of the year, the trade surplus expanded to SEK 28.9 billion, compared to SEK 23.8 billion in the corresponding period of the previous year.