sweden trade balance

In June, the trade surplus was SEK 3.5 billion. As a result, the net trade balance was SEK 2.0 billion. 32 among U.S. trade partners in September. Sweden Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020. Meantime, exports fell 9 percent to SEK 104 billion, as a decline in shipments to the EU (-16.3 percent) more than offset the increase in sales to non-EU countries (3.1 percent). This page provides forecast and historical data, charts, statistics, news and updates for Sweden Balance of Goods. Exports of goods and services (% of GDP) (2019) [2] 47.01%. Sweden Trade Balance recorded a surplus of 532.0 USD mn in Oct 2020, compared with a surplus of 395.2 USD mn in the previous month. The domestic economy led the downturn, as household spending was scaled back amid heightened economic uncertainty and social distancing recommendations. This page gathers information on Sweden's participation in the WTO. Iceland trade balance for 2019 was $1.14B, a 47.24% increase from 2018. The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Please check your download folder. The data reached an all-time high of 2.8 USD bn in Mar 2006 and a record low of -1.2 USD bn in Aug 2016. Considering the January to August period of 2020, the country's trade surplus widened to SEK 43.6 billion from SEK 16.8 billion a year ago, as exports went down 8 percent while imports fell at a faster 10 percent. In 2018, Sweden exported $162B and imported $160B, resulting in a positive trade balance of $2.37B. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Publish your articles and forecasts in our website. The trade balance registered a surplus of SEK 4.7 billion in October versus a deficit of SEK 3.9 billion in the same month last year. In Sweden , the week ahead contains quite a few sets of interesting data, especially from a Q2 GDP point of view. Data are in current U.S. dollars. The maximum value was 21900 SEK Million and minimum was -10500 SEK Million. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Sweden trade balance, exports and imports by country 2016 In 2016, Sweden major trading partner countries for exports were Germany, Norway, United States, Denmark and Finland and for imports they were Germany, Netherlands, Norway, Denmark and United Kingdom. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The number of weekdays in September 2020 was one more compared with September 2019. The index enables the evaluation of the structure of trade flows between countries. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite.Positive trade balance illustrates high competitiveness of country's economy. The country imports machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. Since 1 September 2007 the data are assembled by SCB (Statistic Sweden), on behalf of the Riksbank. Net trade value in Sweden 2009-2019; Trade balance of processed agro-food in Spain 2012-2017; Trade balance of non-processed agro-food by type in Spain 2014; Net trade balance at SEK 2.0 billion in September Statistical news from Statistics Sweden 2019-10-28 9.30 In September 2019, Swedish exports of goods amounted to SEK 127.8 billion, while imports of goods amounted to SEK 125.8 billion. Details may not equal totals due to rounding. The trade balance registered a surplus of SEK 4.7 billion in October versus a deficit of SEK 3.9 billion in the same month last year. 2020 : U.S. trade in goods with Sweden . Trade Balance in Sweden Sweden - Trade Balance GDP plunged in the second quarter, contracting for the first time in over seven years as the pandemic hammered activity. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Trade Balance (2019) $1,609,238,518. The United States and Sweden’s two way trade for 2019 is $25.5 billon (including trade in goods and services). Imports slipped 11 percent to SEK 105.6 billion, due to lower purchases from both the EU (-11.8 percent) and non-EU countries (-10.4 percent). About Sweden Trade Balance NSA SEK The international trade balance measures the difference between the movement of merchandise trade leaving a country (exports) and entering a country (imports). 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