Swedish Trade Surplus At 6-Month High in December

Swedish trade surplus increased to SEK 4.7 billion in December of 2015 from a SEK 0.4 billion surplus a year earlier. It was the highest reading since June, as exports rose 7 percent while imports at a slower 2 percent.

The value of exports in December 2015 amounted to SEK 97.6 billion, while imports were valued at SEK 92.9 billion. Compared to December 2014, exports increased by 7 percent in value, while imports by 2 percent.

Trade with countries outside the EU resulted in a surplus of SEK 16.3 billion, while the EU trade resulted in a deficit of SEK 11.6 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 1.7 billion in December 2015, compared to SEK 1.1 billion in November 2015. The corresponding figure for October 2015 was SEK 0.6 billion.

In 2015, the value of exports increased by 5 percent while imports by 4 percent compared to the previous year. Exports amounted to SEK 1178.9 billion, and imports were valued at SEK 1159.4 billion, resulting in a surplus net trade balance of SEK 19.5 billion for 2015. The corresponding surplus figure for 2014 was SEK 14.4 billion.

Swedish Trade Surplus At 6-Month High in December

Statistics Sweden | Yekaterina Guchshina | yekaterina@tradingeconomics.com
1/28/2016 9:23:18 AM