Sweden Trade Surplus Widens to 3-Year High in June

Swedish trade surplus increased to SEK 8.4 billion in June of 2015 from a SEK 4.2 billion surplus a year earlier, as exports grew at a faster pace than imports. It was the highest value since June 2012.

The value of exports in June 2015 amounted to SEK 108.9 billion, while imports were valued at SEK 100.5 billion. Compared to June 2014, exports increased by 13.6 percent in value, while imports increased by 9.6 percent.

Trade with countries outside the EU resulted in a surplus of SEK 15.3 billion, while the EU trade resulted in a deficit of SEK 6.9 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 4.1 billion, compared to SEK 4.2 billion in May 2015. The corresponding figure for April 2015 was SEK 4.0 billion.

So far this year, the value of exports grew 6 percent to SEK 593.6 billion while imports increased 4 percent to SEK 568.5 billion compared to the corresponding period one year ago, resulting in a surplus net trade balance of SEK 25.1 billion.

Sweden Trade Surplus Widens to 3-Year High in June

Statistics Sweden | joana.ferreira@tradingeconomics.com
7/24/2015 8:48:34 AM