Sweden Trade Deficit Widens in August

Sweden’s trade deficit widened to SEK 8.9 billion in August 2025, compared with SEK 6.3 billion in the same month a year earlier. Exports fell by 5.1% year-on-year to SEK 144.0 billion, marking the lowest level in more than three and a half years, weighed down by weaker sales to both EU countries (-9.4% to SEK 79.3 billion) and non-EU markets (-7.7% to SEK 64.7 billion). Meanwhile, imports declined at a slower pace of 3.2% to SEK 152.9 billion, reflecting lower purchases from EU partners (-2.2% to SEK 99.5 billion) and non-EU suppliers (-5.2% to SEK 53.4 billion). For the period from January to August, the cumulative trade surplus edged slightly lower to SEK 55.7 billion from SEK 55.8 billion in the corresponding period of the previous year. On a seasonally adjusted basis, the surplus narrowed to SEK 4.6 billion in August from SEK 5.6 billion in July.