Sweden Goods Trade Balance

Country:
Sweden
SEK, Swedish krona
Sector:
Trade
Medium Kr5.2 B Kr2.0 B
Kr1.6 B
Last release Importance Actual Forecast
Previous
Kr3.9 B
Kr5.2 B
Next release Actual Forecast
Previous
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Statistics Sweden publishes information on the country's foreign trade on a monthly basis. Among the publications is the Goods Trade Balance Indicator. Sweden's Trade Balance shows a change between national exports and imports over a selected period. The index enables the evaluation of the structure of trade flows between countries. The relevant data is also submitted to European statistic agencies, which collect and publish summary information for the European market.

Sweden's main export items include machinery, cars, paper products, pulp and timber. Import items include oil and oil products, iron and steel, food and clothing. Sweden's main trading partners are the EU countries, as well as Norway, China, the United States and Russia. Trade information related to non-EU countries is collected from declarations filed with Swedish customs for all goods that cross the border. Data on trade with EU member states is collected from surveys.

A trade deficit is formed when more goods and services are imported than exported. For countries with highly developed economies, like Sweden, it means that labor-intensive production is transferred abroad, thus restraining inflation and maintaining high standard of living.

When exports exceed imports, a trade surplus is formed. It is an indication of high production level. It also shows that the nation produces more goods and services than it can consume.

Last values:

actual data

forecast

The chart of the entire available history of the "Sweden Goods Trade Balance" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jan 2021
Kr5.2 B
Kr2.0 B
Kr1.6 B
Dec 2020
Kr2.7 B
Kr3.0 B
Kr2.4 B
Nov 2020
Kr1.4 B
Kr3.6 B
Kr5.0 B
Oct 2020
Kr4.7 B
Kr0.5 B
Kr3.5 B
Sep 2020
Kr2.6 B
Kr0.7 B
Kr-2.1 B
Aug 2020
Kr-1.6 B
Kr3.8 B
Kr4.0 B
Jul 2020
Kr2.9 B
Kr3.6 B
Kr5.6 B
Jun 2020
Kr4.9 B
Kr4.9 B
Kr1.9 B
May 2020
Kr2.4 B
Kr6.8 B
Kr5.4 B
Apr 2020
Kr7.6 B
Kr7.9 B
Kr5.2 B
Mar 2020
Kr4.1 B
Kr3.6 B
Kr12.7 B
Feb 2020
Kr13.2 B
Kr-5.2 B
Kr11.8 B
Jan 2020
Kr9.9 B
Kr5.8 B
Kr-2.3 B
Dec 2019
Kr0.3 B
Kr2.7 B
Nov 2019
Kr2.9 B
Kr-3.5 B
Oct 2019
Kr-4.0 B
Kr2.0 B
Sep 2019
Kr2.0 B
Kr-5.5 B
Aug 2019
Kr-5.4 B
Kr7.4 B
Jul 2019
Kr6.7 B
Kr2.1 B
Jun 2019
Kr2.9 B
Kr7.9 B
May 2019
Kr8.3 B
Kr1.2 B
Apr 2019
Kr1.4 B
Kr6.4 B
Mar 2019
Kr7.0 B
Kr6.3 B
Feb 2019
Kr5.0 B
Kr3.1 B
Jan 2019
Kr1.2 B
Kr-7.2 B
Dec 2018
Kr-4.7 B
Kr2.8 B
Nov 2018
Kr4.9 B
Kr-8.4 B
Oct 2018
Kr-8.4 B
Kr2.3 B
Sep 2018
Kr1.4 B
Kr-7.7 B
Aug 2018
Kr-5.3 B
Kr-0.7 B
Jul 2018
Kr0.0 B
Kr-0.3 B
Jun 2018
Kr-0.5 B
Kr-5.4 B
May 2018
Kr-2.6 B
Kr-6.1 B
Apr 2018
Kr-6.5 B
Kr1.9 B
Mar 2018
Kr2.6 B
Kr-2.0 B
Feb 2018
Kr-3.4 B
Kr-3.3 B
Jan 2018
Kr-1.8 B
Kr-3.1 B
Dec 2017
Kr-1.7 B
Kr0.4 B
Nov 2017
Kr-3.0 B
Kr-1.2 B
Oct 2017
Kr-3.1 B
Kr3.2 B
Sep 2017
Kr2.6 B
Kr-6.6 B
Aug 2017
Kr-5.4 B
Kr-1.9 B
Jul 2017
Kr-0.5 B
Kr5.4 B
Jun 2017
Kr4.2 B
Kr1.8 B
May 2017
Kr2.8 B
Kr-3.2 B
Apr 2017
Kr-2.6 B
Kr0.3 B
Mar 2017
Kr-0.8 B
Kr-0.9 B
Feb 2017
Kr0.0 B
Kr0.6 B
Jan 2017
Kr1.5 B
Kr-0.8 B
Dec 2016
Kr1.0 B
Kr-1.2 B

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