Swedish Trade Surplus Narrows 7% YoY


In February of 2014, Sweden’s trade surplus narrowed slightly to SEK 5.0 billion, compared to a revised SEK 5.1 billion the month before and SEK 5.4 billion a year earlier

The value of exports in February of 2014 amounted to SEK 88.7 billion, while imports were valued at SEK 83.7 billion. Compared to February last year, the value of both exports and imports increased by 2 percent.

Trade with countries outside the EU resulted in a surplus of SEK 11.5 billion, while EU trade resulted in a deficit of SEK 6.5 billion.

The number of weekdays in February was the same as in February of 2013.

On a monthly basis, exports shrank 4.4 percent and imports fell 4.5 percent.

Considering the three-month period December 2013-February 2014, the value of both exports and imports increased by 2 percent compared to the corresponding period one year ago. Exports amounted to SEK 268.4 billion, and imports were valued at SEK 258.1 billion, resulting in a surplus net trade balance of SEK 10.3 billion for December 2013 – February 2014. The corresponding surplus figure for these months one year earlier was SEK 10.1 billion.

Swedish Trade Surplus Narrows 7% YoY


Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
3/26/2014 9:35:50 AM