Exports, imports and net trade balance, December 2024, in current prices

Net trade balance at SEK 6.2 billion in December

Statistical news from Statistics Sweden 2025-01-27 8.00

In December 2024, Swedish exports of goods amounted to SEK 158.7 billion, while imports of goods amounted to SEK 152.5 billion. As a result, the net trade balance was SEK 6.2 billion.

Foreign trade in goods resulted in a net trade surplus of SEK 6.2 billion in December 2024, according to preliminary calculations. In December 2023, there was a net trade surplus of SEK 1.3 billion.

The value of exports in December 2024 was SEK 158.7 billion, while imports were valued at SEK 152.5 billion. The corresponding values ​​for December 2023 were SEK 159.8 billion for exports and SEK 158.5 billion for imports. Exports of goods have thus decreased by 1 percent in value, and imports have decreased by 4 percent in value compared with December 2023. The number of weekdays in December 2024 was one less compared with December 2023.

Trade in goods with countries outside the EU resulted in a surplus of SEK 27.1 billion, while EU trade resulted in a deficit of SEK 20.9 billion.

Exports, imports and net trade in goods 2022–2024 (SEK billion). Revised figures in bold type
  Month Total EU Member States[*] Non EU Member States
    2022 2023 2024 2022 2023 2024 2022 2023 2024
Exports Jan 141.2 172.8 167.7 78.7 97.8 95.1 62.5 75.0 72.6
  Febr 150.9 170.9 171.5 81.7 96.4 95.5 69.2 74.5 76.0
  March 183.8 197.2 176.7 99.1 108.8 98.3 84.7 88.4 78.4
  April 155.7 163.0 181.8 84.3 90.3 97.4 71.4 72.7 84.4
  May 172.0 179.4 187.0 92.6 97.7 97.0 79.4 81.7 90.0
  June 181.5 178.5 170.1 99.0 100.4 90.2 82.5 78.1 79.9
  July 152.7 147.2 156.3 79.1 78.6 81.0 73.6 68.6 75.3
  Aug 149.6 158.2 151.0 84.4 89.1 80.9 65.2 69.1 70.1
  Sept 180.0 185.1 169.8 98.7 101.6 91.4 81.3 83.5 78.4
  Oct 176.6 194.4 183.6 94.6 103.6 100.0 82.0 90.8 83.6
  Nov 183.0 189.7 181.8 98.6 105.0 102.4 84.4 84.7 79.4
  Dec 170.9 159.8 158.7 88.3 84.9 82.0 82.6 74.9 76.7
  Total 1 997.9 2 096.2 2 056.0 1 079.1 1 154.2 1 111.2 918.8 942.0 944.8
Imports Jan 143.4 164.1 154.7 89.9 105.9 102.4 53.5 58.2 52.3
  Febr 151.0 163.5 160.8 98.1 110.8 108.9 52.9 52.7 51.9
  March 181.2 187.0 171.3 116.2 125.9 115.6 65.0 61.1 55.7
  April 161.5 165.5 174.9 100.4 110.9 115.6 61.1 54.6 59.3
  May 178.5 178.8 176.8 112.8 121.0 116.9 65.7 57.8 59.9
  June 180.8 175.4 163.1 117.2 120.6 111.8 63.6 54.8 51.3
  July 157.0 141.7 149.9 91.4 96.4 96.9 65.6 45.3 53.0
  Aug 167.8 166.4 157.9 102.2 109.0 101.7 65.6 57.4 56.2
  Sept 180.9 182.8 169.8 119.1 124.5 114.9 61.8 58.3 54.9
  Oct 188.1 187.3 182.5 121.4 125.4 123.8 66.7 61.9 58.7
  Nov 189.1 179.3 174.3 119.4 123.4 120.1 69.7 55.9 54.2
  Dec 174.0 158.5 152.5 114.0 106.5 102.9 60.0 52.0 49.6
  Total 2 053.3 2 050.3 1 988.5 1 302.1 1 380.3 1 331.5 751.2 670.0 657.0
Net Trade of Goods Jan ‑2.2 8.7 13.0 ‑11.2 ‑8.1 ‑7.3 9.0 16.8 20.3
  Febr ‑0.1 7.4 10.7 ‑16.4 ‑14.4 ‑13.4 16.3 21.8 24.1
  March 2.6 10.2 5.4 ‑17.1 ‑17.1 ‑17.3 19.7 27.3 22.7
  April ‑5.8 ‑2.5 6.9 ‑16.1 ‑20.6 ‑18.2 10.3 18.1 25.1
  May ‑6.5 0.6 10.2 ‑20.2 ‑23.3 ‑19.9 13.7 23.9 30.1
  June 0.7 3.1 7.0 ‑18.2 ‑20.2 ‑21.6 18.9 23.3 28.6
  July ‑4.3 5.5 6.4 ‑12.3 ‑17.8 ‑15.9 8.0 23.3 22.3
  Aug ‑18.2 ‑8.2 ‑6.9 ‑17.8 ‑19.9 ‑20.8 ‑0.4 11.7 13.9
  Sept ‑0.9 2.3 0.0 ‑20.4 ‑22.9 ‑23.5 19.5 25.2 23.5
  Oct ‑11.5 7.1 1.1 ‑26.8 ‑21.8 ‑23.8 15.3 28.9 24.9
  Nov ‑6.1 10.4 7.5 ‑20.8 ‑18.4 ‑17.7 14.7 28.8 25.2
  Dec ‑3.1 1.3 6.2 ‑25.7 ‑21.6 ‑20.9 22.6 22.9 27.1
  Total ‑55.4 45.9 67.5 ‑223.0 ‑226.1 ‑220.3 167.6 272.0 287.8

Seasonally adjusted, net trade showed a surplus of SEK 4.1 billion in December, compared with a surplus of SEK 2.7 billion in November. The corresponding figure for October was a surplus of SEK 2.0 billion.

Net trade (January – December 2024) showed a surplus of SEK 67.5 billion

In 2024, the value of exports of goods decreased by 2 percent and the value of imports of goods decreased by 3 percent compared with the corresponding period a year ago. Exports were valued at SEK 2056.0 billion and imports were valued at SEK 1988.5 billion. The net trade for 2024 thus resulted in a surplus of SEK 67.5 billion. For 2023, a surplus of SEK 45.9 billion was noted.

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency

Statistics Sweden

Enquiries

Marie George

Telephone
+46 10 479 50 01
E-mail
marie.george@scb.se

Seyda Kayhan

Telephone
+46 10-479 40 67
E-mail
Seyda.Kayhan@scb.se