Sweden Balance of Trade

Last Release

Mar 31, 2025

Actual

12,800

Units In

SEK million

15,000

Frequency

Monthly

Next Release

May 28, 2025

Time to Release

27 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
21,900 Mar 2006	-18,000 Aug 2022	3,402.19 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 widened to SEK 12.8 billion in March 2025, more than double the SEK 6.2 billion recorded in the same month of the previous year. Year-on-year, exports went up by 5% to SEK 186.9 billion, driven by an 11% rise in sales to non-EU countries, whereas shipments to EU countries fell by 0.5%. Meanwhile, imports increased at a softer 1.3% to SEK 174.1 billion, with purchases from the EU decreased by 0.6%, and those from non-EU countries rising by 5.3%. On a seasonally adjusted basis, the trade surplus increased to SEK 8.5 billion from SEK 7.5 billion in the previous month. Considering the January to March period, the trade surplus expanded to SEK 42 billion, compared to SEK 30 billion in the corresponding period of the previous year.