International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
XTNTVA01SEM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,900,000,000.00
Year-over-Year Change
-63.21%
Date Range
1/1/1955 - 5/1/2025
Summary
The 'International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden' series measures Sweden's monthly trade balance in goods and commodities. This metric is a key indicator of Sweden's international economic performance and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The trade balance tracks the difference between Sweden's exports and imports of physical goods and commodities. It is an important barometer of the country's international trade position and can provide insights into economic conditions, industrial trends, and exchange rate dynamics.
Methodology
The data is collected by Sweden's national statistical agency through surveys of importers and exporters.
Historical Context
Policymakers and analysts use the trade balance to assess Sweden's trade relationships and external demand for its products.
Key Facts
- Sweden has run a trade surplus since the 1990s.
- Machinery and transport equipment make up over half of Sweden's exports.
- The trade balance is an important input for Sweden's current account and GDP calculations.
FAQs
Q: What does this economic trend measure?
A: The 'International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden' series measures the monthly difference between Sweden's exports and imports of physical goods and commodities.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of Sweden's international trade position and competitiveness. It provides insights into economic conditions, industrial trends, and exchange rate dynamics.
Q: How is this data collected or calculated?
A: The data is collected by Sweden's national statistical agency through surveys of importers and exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the trade balance to assess Sweden's trade relationships and external demand for its products.
Q: Are there update delays or limitations?
A: The trade balance data is published monthly with a short delay, reflecting the time required to collect and process the underlying trade information.
Related Trends
Producer Prices Index: Type of Goods: Consumer Goods: Total for Sweden
PITGCG01SEQ661N
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Sweden
LFAC25FESEA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Sweden
CPHPTT01SEM659N
Labor Compensation: Earnings: Private Sector: Hourly for Sweden
LCEAPR01SEQ189N
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for Sweden
LRAC64TTSEQ156S
Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Sweden
BCEMFT02SEM460S
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden (XTNTVA01SEM664N), retrieved from FRED.