Sweden Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Sweden's trade balance was $11.6B in 2025, ranked 37th globally. This represents a 29.7% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Sweden's trade balance stood at $11.6B in 2025, a decline of +$4.9B from 2024. Based on recent trends, this figure is projected to reach $11.6B by 2025. Sweden ranked 37th globally.
Sweden’s trade balance has evolved from a modest deficit of –37,486,008.61 in 1960 to a pronounced surplus of 11,615,330,092.29 in 2025, placing the country 37th globally among 66 years of data. The post‑war expansion gave way to a sharp downturn in 1980, when the balance fell to a trough of –1,835,547,569.51, reflecting weaker export performance and higher import costs during that period. A decisive reversal occurred in the early 2000s, culminating in an all‑time peak of 29,012,631,807.22 in 2006 as Sweden capitalised on high‑tech manufacturing and services exports. Compared with peer economies, Sweden’s 2025 surplus is slightly below Hong Kong SAR, China’s 12,603,112,569.34 and Bahrain’s 11,348,271,276.60, yet above Libya’s 12,766,195,804.21 and Gabon’s 9,203,238,763.13, indicating a competitive but not dominant position in global trade. Continued innovation and diversification of export markets are likely to sustain the surplus, though shifts in global demand or protectionist policies could alter the trajectory.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $7.6B | - | - |
| 2026* trend | $9.6B | - | - |
| 2025* trend | $11.6B | - | - |
| 2025 | $11.6B | −$4.9B | #37 |
| 2024 | $16.5B | +$468.2M | #132 |
| 2023 | $16.0B | +$7.4B | #144 |
| 2022 | $8.7B | −$15.7B | #146 |
| 2021 | $24.4B | +$2.1B | #158 |
| 2020 | $22.3B | +$2.0B | #167 |
| 2019 | $20.3B | +$12.2B | #160 |
| 2018 | $8.1B | −$1.4B | #151 |
| 2017 | $9.5B | −$3.0B | #154 |
| 2016 | $12.4B | −$3.9B | #160 |
| 2015 | $16.3B | −$1.6B | #163 |
| 2014 | $17.9B | −$4.5B | #156 |
| 2013 | $22.4B | −$1.6B | #159 |
| 2012 | $24.0B | −$1.3B | #156 |
| 2011 | $25.3B | +$2.3B | #160 |
Detected Pattern
Analysis
Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Sweden's trade balance was $11.6B in 2025. Ranked 37th globally. This represents a 29.7% decrease from the previous year.
Sweden's trade balance peaked at $29.0B in 2006.
The lowest trade balance in Sweden was $-1.8B in 1980.
Sweden ranks 37th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Sweden's trade balance is projected to reach $11.6B by 2025 based on trend extrapolation.
Sweden's trade balance was approximately 11.62 billion ($11.6B) in 2025.
The trade balance of Sweden in 2025 was $11.6B. This ranks 37th in the world.
Cite this page
@misc{historysaid_sweden_trade-balance,
title = {Sweden Trade Balance},
url = {https://historysaid.com/sweden/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}