Sweden Trade Surplus Narrows in May

Swedish trade surplus fell to SEK 0.2 billion in May of 2014 from a revised SEK 4.1 billion in April and SEK 3.7 billion a year earlier, due to a surge in imports.

According to preliminary estimates, exports amounted to SEK 94.2 billion in May of 2014, remaining nearly unchanged from one year earlier. Imports increased by 4.0 percent, registering SEK 94.0 billion in May of 2014. Higher purchases were made from non EU countries in SEK 2.2 billion, from one year earlier, and in SEK 1.6 billion from EU countries.

Trade with countries outside the EU resulted in a surplus of SEK 10.2 billion, while the EU trade resulted in a deficit of SEK 10.0 billion.

The number of weekdays in May was one less compared to May 2013.

Sweden Trade Surplus Narrows in May

Statistics Sweden | Isabel Felino | isabel.felino@tradingeconomics.com
6/27/2014 12:58:44 PM