Swedish Trade Surplus Narrows in March

In March of 2014, Sweden’s trade surplus decreased to SEK 2.6 billion according to preliminary estimates, down from a SEK 6.1 billion surplus a year earlier and a revised SEK 5.3 billion in the previous month. The number of weekdays in March was one more compared to March of 2013.
Statistics Sweden | Isabel Felino | isabel.felino@tradingeconomics.com 4/28/2014 9:18:49 AM
Exports in March of 2014 amounted to SEK 94.8 billion, while imports were valued at SEK 92.2 billion. Compared to March of 2013, exports increased by 2 percent, while imports advanced 6 percent.

Trade with countries outside the EU resulted in a surplus of SEK 9.0 billion, while the EU trade resulted in a deficit of SEK 6.4 billion.

Considering the first quarter of 2014, the value of exports increased by 1 percent while imports rose 3 percent year-on-year. Exports amounted to SEK 276.4 billion, and imports were valued at SEK 263.4 billion, resulting in a surplus net trade balance of SEK 13.0 billion. The corresponding surplus figure for these months one year earlier was SEK 16.2 billion.

Swedish Trade Surplus Narrows in March