Sweden recorded a trade surplus of SEK 1.8 billion in February 2026, narrowing sharply from SEK 12.1 billion in the same month of the previous year. This also marked the smallest monthly surplus since October last year, as exports fell while imports rose. Year-on-year, exports declined by 5.1% to SEK 163.8 billion, due to weaker shipments to both EU countries (-1.6% to SEK 93.5 billion) and non-EU markets (-9.2% to SEK 71.8 billion). Meanwhile, imports increased by 0.9% to SEK 162 billion, driven by a 5.5% rise in purchases from EU countries to SEK 113.9 billion, though imports from non-EU markets decreased by 8.4% to SEK 48.1 billion. Considering the first two months of the year, the cumulative trade surplus narrowed to SEK 8.1 billion from SEK 24.3 billion in the corresponding period a year ago. On a seasonally adjusted basis, the trade surplus fell to SEK 0.9 billion in February from SEK 2.5 billion in January.
