Exports, imports and net trade balance, April 2022, in current prices

Net trade balance at SEK -1.8 billion in April

Statistical news from Statistics Sweden 2022-05-30 8.00

In April 2022, Swedish exports of goods amounted to SEK 155.6 billion, while imports of goods amounted to SEK 157.4 billion. As a result, the net trade balance was SEK -1.8 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 1.8 billion in April 2022, according to preliminary calculations. In April 2021, there was a net trade surplus of SEK 1.6 billion.

The value of exports in April 2022 was SEK 155.6 billion, while imports were valued at SEK 157.4 billion. The corresponding values for April 2021 were SEK 131.8 billion for exports and SEK 130.2 billion for imports. Exports of goods have thus increased by 18 percent in value, and imports have increased by 21 percent in value compared with April 2021. The number of weekdays in April 2022 was one less compared with April 2021.

Trade in goods with countries outside the EU resulted in a surplus of SEK 12.0 billion, while EU trade resulted in a deficit of SEK 13.8 billion. As from February 2020, the United Kingdom no longer forms part of the group EU Member States and is included, instead, in the group Non-EU Member States.

Exports, imports and net trade in goods 2020–2022 (SEK billion). Revised figures in bold type
  Month Total EU Member States[*] Non EU Member States
    2020 2021 2022 2020 2021 2022 2020 2021 2022
Exports Jan 131.3 114.2 141.4 75.8 63.3 78.9 55.5 50.9 62.5
  Febr 127.7 123.5 151.4 66.9 66.0 81.8 60.8 57.5 69.6
  March 131.1 144.2 182.9 66.9 78.0 98.7 64.2 66.2 84.2
  April 106.3 131.8 155.6 52.2 69.9 84.3 54.1 61.9 71.3
  May 102.3 133.7   53.0 70.6   49.3 63.1  
  June 119.6 144.3   60.9 76.1   58.7 68.2  
  July 103.8 127.0   52.0 66.7   51.8 60.3  
  Aug 103.8 115.4   57.3 64.0   46.5 51.4  
  Sept 124.7 147.1   66.9 79.5   57.8 67.6  
  Oct 128.6 145.8   67.2 79.7   61.4 66.1  
  Nov 128.2 153.5   68.7 83.8   59.5 69.7  
  Dec 119.7 147.6   63.1 78.1   56.6 69.5  
  Total 1 427.1 1 628.1 631.3 751.0 875.7 343.7 676.1 752.4 287.6
Imports Jan 120.3 110.0 142.7 84.3 75.3 89.5 36.0 34.7 53.2
  Febr 114.8 118.1 150.1 76.7 80.9 97.6 38.1 37.2 52.5
  March 125.6 141.2 178.2 85.2 96.5 115.1 40.4 44.7 63.1
  April 101.0 130.2 157.4 66.2 88.6 98.1 34.8 41.6 59.3
  May 101.5 130.2   67.8 87.0   33.7 43.2  
  June 115.1 135.5   78.1 91.3   37.0 44.2  
  July 100.6 120.0   66.5 79.6   34.1 40.4  
  Aug 105.8 126.5   71.3 81.4   34.5 45.1  
  Sept 121.9 141.1   83.4 91.4   38.5 49.7  
  Oct 124.6 145.7   86.3 94.8   38.3 50.9  
  Nov 126.8 153.7   88.1 101.4   38.7 52.3  
  Dec 118.5 152.6   81.6 100.5   36.9 52.1  
  Total 1 376.5 1 604.8 628.4 935.7 1 068.7 400.3 440.8 536.1 228.1
Net Trade of Goods Jan 11.0 4.2 ‑1.3 ‑8.5 ‑12.0 ‑10.6 19.5 16.2 9.3
  Febr 12.9 5.4 1.3 ‑9.8 ‑14.9 ‑15.8 22.7 20.3 17.1
  March 5.5 3.0 4.7 ‑18.3 ‑18.5 ‑16.4 23.8 21.5 21.1
  April 5.3 1.6 ‑1.8 ‑14.0 ‑18.7 ‑13.8 19.3 20.3 12.0
  May 0.8 3.5   ‑14.8 ‑16.4   15.6 19.9  
  June 4.5 8.8   ‑17.2 ‑15.2   21.7 24.0  
  July 3.2 7.0   ‑14.5 ‑12.9   17.7 19.9  
  Aug ‑2.0 ‑11.1   ‑14.0 ‑17.4   12.0 6.3  
  Sept 2.8 6.0   ‑16.5 ‑11.9   19.3 17.9  
  Oct 4.0 0.1   ‑19.1 ‑15.1   23.1 15.2  
  Nov 1.4 ‑0.2   ‑19.5 ‑17.6   20.9 17.4  
  Dec 1.2 ‑5.0   ‑18.5 ‑22.4   19.7 17.4  
  Total 50.6 23.3 2.9 ‑184.7 ‑193.0 ‑56.6 235.3 216.3 59.5

Seasonally adjusted, net trade showed a deficit of SEK 2.5 billion in April, compared with a deficit of SEK 1.9 billion in March. The corresponding figure for February was a deficit of SEK 1.2 billion.

Net trade (January – April 2022) showed a surplus of SEK 2.9 billion

During the last four months, the value of exports of goods increased by 23 percent, and the value of imports of goods increased by 26 percent compared with the corresponding period one year ago. Exports were valued at SEK 631.3 billion and imports were valued at SEK 628.4 billion, resulting in a net trade surplus of SEK 2.9 billion for January - April 2022. The corresponding net trade balance for these months one year earlier was a surplus of SEK 14.2 billion.

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