Trade Balance in Sweden

Sweden Trade Balance | Economic News & Forecasts

Sweden - Trade Balance

The economy expanded at a faster rate than previously estimated in Q3, accelerating from Q2’s mild growth. The domestic economy spearheaded the upturn, with household spending rising to its highest level in a year. Meanwhile, a mild increase in exports and a faster rise in imports saw the external sector weigh somewhat on the overall reading. Momentum likely carried over into Q4, as evidenced by the economic tendency indicator remaining close to a record-high level in October–November amid solid business confidence. Moreover, PMI readings for both the manufacturing and services sectors remained well within expansionary territory in the same period, while the unemployment rate fell to an 18-month low in November, likely supporting household spending. Meanwhile, authorities recently further tightened domestic Covid-19-related measures until at least 31 January amid rising daily cases.

Sweden - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)14.2  11.0  11.3  11.1  18.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Sweden Trade Balance Chart


Sweden Trade
Note: Trade balance in USD billion.
Source: Riksbank.

Sweden Facts

Value Change Date
Bond Yield0.15-4.79 %Jan 01
Exchange Rate9.36-0.20 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form