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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Italy and Sweden, each channel at its own period. Left, Italy to Sweden; right, Sweden to Italy.

Finance to trade

positions ÷ goods, both directions
Finance to trade–positions ÷ goods, both directions
Financial positions, both directions21.4USD bn
Goods, both directions–Below the backbone of 1,500 flows

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceItaly → SwedenSweden → Italyother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnApr 2023 · 6.7 / 6.90510Bank claims · quarterly · USD bnQ2 2026 · 0.3 / 1.0011Portfolio holdings · half-yearly · USD bnDec 2025 · 8.7 / 7.10510Direct investment · annual · USD bn2024 · 1.1 / 3.20510Finance to trade · quarterly, positions both ways ÷ goods both waysQ1 2023 · 2.3×0.0×2.5×5.0×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Italy → Sweden

Aug 2025–Jul 2026

exports of Italy to Sweden, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods Sweden → Italy

Aug 2025–Jul 2026

exports of Sweden to Italy, 12 months

Exports, 12 months–Below the backbone of 1,500 flows
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Italy → Sweden

Q2 2026

loans and deposits of banks in Italy on residents of Sweden

Position0.3USD bn
Flow in the quarter+0.1USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Sweden → Italy

Q2 2026

loans and deposits of banks in Sweden on residents of Italy

Position1.0USD bn
Flow in the quarter0.0USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Italy → Sweden

Q4 2025

securities issued in Sweden held by investors in Italy

Total8.7USD bn
Equity1.6USD bn
Debt securities7.1USD bn
Sources

Holder to issuer, Q4 2025.

Sweden → Italy

Q4 2025

securities issued in Italy held by investors in Sweden

Total7.1USD bn
Equity4.6USD bn
Debt securities2.5USD bn
Sources

Holder to issuer, Q4 2025.

Italy → Sweden

2024

position of investors in Italy in Sweden

Position1.1USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

Sweden → Italy

2024

position of investors in Sweden in Italy

Position3.2USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.