Sweden Trade Account In Balance In February

Swedish trade balance was recorded at SEK 0.0 billion in February of 2017 compared to a SEK 0.2 bilion deficit in the same month of the previous year, as both exports and imports rose 7 percent.

In February, both exports and imports of goods amounted to SEK 101.6 billion.

Trade with countries outside the EU resulted in a surplus of SEK 13.4 billion, while EU trade resulted in a deficit of SEK 13.4 billion. 

Seasonally adjusted, the net trade amounted to SEK 1.0 billion in February of 2017, compared with a deficit of SEK 0.9 billion in January of 2017. The corresponding figure for December 2016 was SEK 0.6 billion.

During December 2016-February 2017, the value of exports has increased 12 percent compared with the corresponding period a year ago, while the value of imports has increased 14 percent. Exports amounted to SEK 313.9 billion and imports were valued at SEK 314.5 billion, resulting in a deficit net trade balance of 0.6 billion for that period. For the corresponding month a year earlier it was recorded a surplus of SEK 4.6 billion.

Sweden Trade Account In Balance In February

Statistics Sweden | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
3/28/2017 2:29:01 PM