Swedish Trade Surplus at 10-Month Low

Sweden trade balance posted a SEK 0.3 billion surplus, narrowing sharply from a SEK 1.3 billion surplus a year earlier as imports’ growth doubled the one for exports.

Exports increased 2 percent year-on-year to SEK 89.4 billion, while imports rose 4 percent to SEK 89.1 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 9.4 billion, while the EU trade resulted in a deficit of SEK 9.1 billion.

Figures for June were revised downwards to a SEK 7.7 billion trade surplus. 

So far this year, the value of exports increased by 5 percent while imports increased by 4 percent compared to the corresponding period one year ago. Exports amounted to SEK 682.9 billion, and imports were valued at SEK 658.6 billion, resulting in a trade surplus of SEK 24.3 billion for January – July 2015. The corresponding surplus figure for these months one year earlier was SEK 15.7 billion.

Swedish Trade Surplus at 10-Month Low

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
8/26/2015 9:00:02 AM