Sweden Trade Balance in Goods and Services: External Balance and Trade Openness

This statistical profile documents Sweden's trade balance, export-to-import ratio and the contribution of international trade to GDP.

Exports of goods and services from Sweden totaled $356.10 billion in 2025, compared with imports of $341.90 billion. The resulting external balance was $14.20 billion, or 2.1% of GDP.

Trade in goods and services represented 105.9% of GDP in 2024, up by 13.1 percentage points over five years. Based on comparable data for 2024, Sweden ranked 62nd of 192 economies by trade as a share of GDP and 64th of 194 by the external balance as a share of GDP.

Sweden Trade Balance by Year

Data source: World Bank, World Development Indicators — External balance on goods and services, current US$ (NE.RSB.GNFS.CD); External balance on goods and services, % of GDP (NE.RSB.GNFS.ZS); Exports of goods and services, current US$ (NE.EXP.GNFS.CD); Imports of goods and services, current US$ (NE.IMP.GNFS.CD); Trade, % of GDP (NE.TRD.GNFS.ZS).
License: CC BY-4.0. Retrieved 2026-07-12.

About the Indicators

External balance on goods and services, current US$. Exports minus imports of goods and services, in current U.S. dollars.

External balance on goods and services, % of GDP. Exports minus imports of goods and services, expressed as a share of GDP; positive values indicate a surplus, negative values a deficit.

Exports of goods and services, current US$. The total value of goods and services a country sells abroad, in current U.S. dollars.

Imports of goods and services, current US$. The total value of goods and services a country purchases from abroad, converted to current U.S. dollars.

Trade, % of GDP. The sum of exports and imports of goods and services, expressed as a share of GDP; a common measure of an economy’s trade openness.