Sweden Trade Surplus Narrows in July


Swedish trade surplus fell to SEK 1.9 billion in July of 2014, following a revised SEK 5.4 billion surplus in the previous month and SEK 3.8 billion a year ago, as imports grew faster than exports.

The value of exports in July of 2014 amounted to SEK 86.9 billion, while imports were valued at SEK 85.0 billion. Compared to July 2013, exports increased by 2 percent, while imports expanded 4 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 7.1 billion.
 
In June of 2014, the number of weekdays was the same as in the same month of the previous year.
 
During January - July 2014, exports increased by 2 percent while imports rose 4 percent compared to the corresponding period one year ago. Exports amounted to SEK 650.0 billion, and imports were valued at SEK 625.2 billion, resulting in a trade surplus of SEK 24.8 billion. The corresponding surplus for these months one year earlier was SEK 35.9 billion.

Sweden Trade Surplus Narrows in July


Statistics Sweden l Rida l rida@tradingeconomics.com
8/27/2014 2:36:55 PM