Overview In May 2024 Sweden exported SEK168B and imported SEK159B, resulting in a positive trade balance of SEK8.58B. Between May 2023 and May 2024 the exports of Sweden have increased by SEK9.23B (5.83%) from SEK158B to SEK168B, while imports decreased by SEK-216M (-0.14%) from SEK159B to SEK159B.
Trade In May 2024, the top exports of Sweden were Cars (SEK15.9B), Refined Petroleum (SEK8.48B), Packaged Medicaments (SEK7.17B), Vaccines, blood, antisera, toxins and cultures (SEK5.99B), and Motor vehicles; parts and accessories (8701... (SEK4.48B). In May 2024 the top imports of Sweden were Crude Petroleum (SEK12.1B), Cars (SEK8.06B), Computers (SEK6.74B), Motor vehicles; parts and accessories (8701... (SEK5.77B), and Refined Petroleum (SEK5.03B).
Destinations In May 2024, Sweden exported mostly to Germany (SEK16.8B), Norway (SEK16B), United States (SEK15.8B), Finland (SEK10.9B), and Denmark (SEK9.76B), and imported mostly from Germany (SEK24.9B), Norway (SEK18.4B), Netherlands (SEK17.1B), Denmark (SEK9.18B), and Finland (SEK8.21B).
Growth In May 2024, the increase in Sweden's year-by-year exports was explained primarily by an increase in exports to China (SEK2.67B or 42.9%), Norway (SEK1.43B or 9.79%), and South Africa (SEK1.03B or 230%), and product exports increase in Raw Copper (SEK3.62B or 90.4M%), Cars (SEK2.12B or 15.4%), and Refined Petroleum (SEK1.44B or 20.4%). In May 2024, the decrease in Sweden's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (SEK-2.05B or -25.9%), Germany (SEK-1.94B or -7.21%), and Australia (SEK-1.26B or -83.9%), and product imports decrease in Cars (SEK-3.18B or -28.3%), Coal Briquettes (SEK-1.26B or -90.9%), and Refined Petroleum (SEK-1.18B or -19.1%).
