In May 2026, Sweden’s merchandise exports rose 9% in value and 4% in volume compared to May 2025, while imports increased 8% in value but remained stable in volume. Export growth was driven by chemical products (up 16% in value) and energy goods (up 94% in value). Chemical exports saw significant growth in pharmaceuticals, with a 27% value increase year-on-year. Energy exports rose sharply due to higher prices, though volume growth was moderate. Import growth was led by chemical products (11% value increase) and machinery (7% value increase). Monthly comparisons showed exports fell 1% in value and 2% in volume, while imports dropped 7% in value and 5% in volume compared to April 2026. Price fluctuations significantly impacted value and volume trends, with energy goods showing the largest price variations.
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