Overview In February 2023 Sweden exported SEK151B and imported SEK146B, resulting in a positive trade balance of SEK4.68B. Between February 2022 and February 2023 the exports of Sweden have increased by SEK14.6B (10.7%) from SEK136B to SEK151B, while imports increased by SEK11.5B (8.56%) from SEK135B to SEK146B.
Trade In February 2023, the top exports of Sweden were Cars (SEK13.2B), Refined Petroleum (SEK8.43B), Packaged Medicaments (SEK6.03B), Motor vehicles; parts and accessories (8701... (SEK4.49B), and Vaccines, blood, antisera, toxins and cultures (SEK4.2B). In February 2023 the top imports of Sweden were Cars (SEK9.49B), Crude Petroleum (SEK8.43B), Refined Petroleum (SEK5.97B), Motor vehicles; parts and accessories (8701... (SEK5.58B), and Non-fillet Fresh Fish (SEK3.09B).
Destinations In February 2023, Sweden exported mostly to Germany (SEK16.5B), United States (SEK14.6B), Norway (SEK13.5B), Finland (SEK10.7B), and Denmark (SEK10.1B), and imported mostly from Germany (SEK24.7B), Norway (SEK15.5B), Netherlands (SEK14.3B), Denmark (SEK9.41B), and Belgium (SEK7.92B).
Growth In February 2023, the increase in Sweden's year-by-year exports was explained primarily by an increase in exports to Belgium (SEK2.56B or 53.1%), United States (SEK1.96B or 15.5%), and Finland (SEK1.67B or 18.5%), and product exports increase in Cars (SEK1.67B or 14.4%), Electricity (SEK1.03B or 58.9%), and Combustion Engines (SEK959M or 54%). In February 2023, the increase in Sweden's year-by-year imports was explained primarily by an increase in imports from United States (SEK3.15B or 82.6%), Germany (SEK2.77B or 12.6%), and Netherlands (SEK2.03B or 16.6%), and product imports increase in Cars (SEK2.32B or 32.4%), Refined Petroleum (SEK1.38B or 30.1%), and Motor vehicles; parts and accessories (8701... (SEK1.03B or 22.6%).