Sweden: Trade balance, in dollars

* indicates monthly or quarterly data series
 Sweden

Trade balance, billion USD

 Latest value 27.28
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 12.51
 Min - Max -1.73 - 31.34
 Source The World Bank
For that indicator, we provide data for Sweden from 1970 to 2023. The average value for Sweden during that period was 12.51 billion U.S. dollars with a minimum of -1.73 billion U.S. dollars in 1980 and a maximum of 31.34 billion U.S. dollars in 2007. The latest value from 2023 is 27.28 billion U.S. dollars. For comparison, the world average in 2023 based on 112 countries is 6.39 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Sweden - Trade balance, in dollars - Recent values chart

Historical chart
Sweden - Trade balance, in dollars - historical chart - 1970-2023




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles



 Related indicators Latest value Reference Measure
 Terms of trade 99.93 2021 percent
 Trade openness 102.76 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 53.04 2022 percent
 Exports, billion dollars 320.26 2023 billion U.S. dollars
 Growth of exports 7.31 2022 percent
 Imports, percent of GDP 49.89 2022 percent
 Imports, billion dollars 294.17 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 7.75 2022 percent
 Foreign Direct Investment, billion dollars 45.88 2022 billion U.S. dollars
 Portfolio investment inflows, equities -1,619.78 2023 million dollars (current)
 Current account, percent of GDP 6.80 2023 percent
 Current account, in dollars 40.07 2023 billion U.S. dollars
 Trade balance, percent of GDP 3.15 2022 percent
 Trade balance, in dollars 27.28 2023 billion U.S. dollars
 Reserves 64.29 2022 billion U.S. dollars
 Remittances, percent of GDP 0.56 2022 percent
 Remittances 3,289.44 2022 million U.S. dollars
 Net errors and omissions -17,118.64 2023 million USD
 Foreign exchange reserves 634.48 9/2023 billion
This site uses cookies.
Learn more here


OK