Sweden Trade Surplus at 2-year High

The Swedish trade balance turned into a SEK 4.2 billion surplus in June of 2017 compared to a SEK 0.2 billion deficit a year earlier. Yet, it is the highest trade surplus in two years, as exports jumped 10 percent while imports rose at a slower 6 percent. Considering the first half of 2017, the country's trade surplus widened to SEK 3.4 billion from a SEK 1.1 billion a year earlier. Both exports and imports jumped 11 percent.
Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com 7/26/2017 8:02:41 AM
In June, exports amounted to SEK 114 billion and imports were at SEK 109.8 billion. Trade with countries outside the EU resulted in a surplus of SEK 17.2 billion, while EU trade resulted in a deficit of SEK 13.0 billion.

The number of weekdays in June 2017 was the same as in June 2016.

On a seasonally adjusted basis, the trade deficit narrowed to SEK 0.7 billion from SEK 1.2 billion in May. The corresponding figure for April was a SEK 1.5 billion gap.

Sweden Trade Surplus at 2-year High