Exports from Sweden decreased by 2.1 percent from a year earlier to SEK 130.4 billion in March 2020, due to lower sales to the EU (-16.1 percent). Meanwhile, exports to non-EU countries rose by 18.6 percent.

Exports in Sweden averaged 42249.76 SEK million from 1960 until 2020, reaching an all time high of 137600 SEK million in November of 2018 and a record low of 970 SEK million in February of 1963. This page provides the latest reported value for - Sweden Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Exports - values, historical data and charts - was last updated on May of 2020. source: Statistics Sweden

Exports in Sweden is expected to be 111800.00 SEK million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Sweden to stand at 120500.00 in 12 months time. In the long-term, the Sweden Exports is projected to trend around 114500.00 SEK million in 2021 and 121500.00 SEK million in 2022, according to our econometric models.

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Sweden Exports

Actual Previous Highest Lowest Dates Unit Frequency
130400.00 127300.00 137600.00 970.00 1960 - 2020 SEK million Monthly

Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 4100.00 12700.00 21900.00 -10500.00 SEK million [+]
Current Account 38.80 65.00 82.30 -15.90 SEK Billion [+]
Current Account to GDP 3.90 1.70 8.20 -3.30 percent [+]
Imports 126300.00 114600.00 144900.00 1020.00 SEK million [+]
Exports 130400.00 127300.00 137600.00 970.00 SEK million [+]
External Debt 8255.40 8722.30 8942.40 1853.60 SEK Billion [+]
Terms of Trade 101.83 99.73 125.65 93.45 points [+]
Foreign Direct Investment 21.40 42.80 349.00 -69.80 SEK Billion [+]
Capital Flows 107.80 87.10 162.90 -149.20 SEK Billion [+]
Remittances 31.90 17.40 31.90 3.50 SEK Billion [+]
Gold Reserves 125.72 125.72 185.42 125.70 Tonnes [+]
Terrorism Index 3.45 3.94 3.98 0.01 [+]
Weapons Sales 134.00 84.00 898.00 13.00 USD Million [+]


Sweden Exports
Sweden is an export-oriented market economy. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden's engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Main export partners are Germany, United States and Norway.

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category