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.
8/27/2014 2:36:55 PM
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.