National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Sweden
Annual
SWEEXPORTADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,174,159,000,000.00
Year-over-Year Change
98.80%
Date Range
1/1/1993 - 1/1/2022
Summary
The Annual trend measures Sweden's annual merchandise exports, providing an important indicator of the country's economic performance and global trade integration.
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
This annual series tracks the value of goods exported from Sweden, including machinery, vehicles, and other manufactured products. It serves as a key metric for analyzing Sweden's trade balance, international competitiveness, and broader economic conditions.
Methodology
The data is collected by Statistics Sweden through surveys of exporting companies.
Historical Context
Policymakers and analysts use this trend to assess Sweden's trade position and external demand for its products.
Key Facts
- Sweden is a major exporter of machinery, vehicles, and other manufactured goods.
- Exports account for over 50% of Sweden's GDP.
- Annual exports have grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total value of merchandise exported from Sweden on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides an important indicator of Sweden's trade performance and global economic integration, which are key factors in assessing the country's overall economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Sweden through surveys of exporting companies operating in Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Sweden's trade position, monitor the country's international competitiveness, and inform decisions related to trade policy, exchange rates, and macroeconomic management.
Q: Are there update delays or limitations?
A: The annual nature of this data means there can be a delay of several months before the latest figures are published. Additionally, the data may not capture all informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Annual (SWEEXPORTADSMEI), retrieved from FRED.