FX.co ★ Sweden’s Trade Surplus Expands in February

Sweden experienced a significant increase in its trade surplus, reaching SEK 14.4 billion in February 2025, up from SEK 11.2 billion during the same period the previous year. This represents the second-largest trade surplus since 2009, largely driven by an increase in exports and a decrease in imports. Exports saw a 1.0% year-on-year increase, totaling SEK 174.1 billion. This growth was primarily due to a 7.0% surge in sales to non-EU countries, although exports to EU countries declined by 3.7%. Conversely, imports decreased by 0.9% to SEK 159.7 billion, with purchases from EU member states falling by 1.6%, and those from non-EU countries rising by 0.6%. When adjusted for seasonal fluctuations, the trade surplus rose to SEK 7.4 billion, up from SEK 6.1 billion the previous month. Reviewing the first two months of the year, Sweden's trade surplus expanded to SEK 28.9 billion, compared to SEK 23.8 billion during the same timeframe in the preceding year.