Sweden: Trade balance, in dollars

* indicates monthly or quarterly data series
 Sweden

Trade balance, billion USD

 Latest value 17.47
 Year 2022
 Measure billion U.S. dollars
 Data availability 1970 - 2022
 Average 12.25
 Min - Max -1.73 - 31.34
 Source The World Bank
For that indicator, we provide data for Sweden from 1970 to 2022. The average value for Sweden during that period was 12.25 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 2022 is 17.47 billion U.S. dollars. For comparison, the world average in 2022 based on 153 countries is 3.66 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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

Historical chart
Sweden - Trade balance, in dollars - historical chart - 1970-2022




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.


 Related indicators Latest value Reference Measure
 Terms of trade 99.93 2021 percent
 Trade openness 103.59 2022 percent
 Exports, percent of GDP 52.59 2022 percent
 Exports, billion dollars 312.14 2022 billion U.S. dollars
 Growth of exports 6.97 2022 percent
 Imports, percent of GDP 50.16 2022 percent
 Imports, billion dollars 294.82 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 8.47 2022 percent
 Foreign Direct Investment, billion dollars 50.05 2022 billion U.S. dollars
 Portfolio investment inflows, equities -18,336.63 2022 million dollars (current)
 Current account, percent of GDP 4.30 2022 percent
 Current account, in dollars 28.49 2022 billion U.S. dollars
 Trade balance, percent of GDP 2.93 2022 percent
 Trade balance, in dollars 17.47 2022 billion U.S. dollars
 Reserves 64.29 2022 billion U.S. dollars
 Remittances, percent of GDP 0.56 2022 percent
 Remittances 362.68 2022 million U.S. dollars
 Net errors and omissions -30,945.41 2022 million USD
 Foreign exchange reserves 634.48 9/2023 billion
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