Sweden is one of the success stories of international trade in rapidly changing and challenged global markets experienced in recent decades. In this research work, we analyze trade change of 2010-2023 period. When it comes to imports, the role of Russia, United Kingdom (UK) and Denmark has declined, while the role of the Netherlands, Norway, and Poland show increase. For exports, a diminishing role of UK and Russia could be detected, while the role of the Unites States, Poland and China has increased. Our interpretation is that these trade changes are due to global macro-level political changes. Both Brexit (2016 onwards) and Russian invasion of Ukraine (2014 onwards) are having long-term effects. Before both UK and Russia held high importance; however, in the recent years, especially exports to USA have played an important role, and is providing growth and surplus. Despite declining importance, UK trade has remained in surplus, and could be characterized as a slower-moving market.