Sweden Trade Balance Swings to Deficit

Sweden recorded a SEK 0.9 billion deficit in October of 2015, compared to a SEK 0.4 billion surplus a year earlier, due to a 1 percent fall in exports while imports were unchanged. It is the third trade gap this year.

The value of exports in October 2015 amounted to SEK 103.1 billion, while imports were valued at SEK 104.0 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 12.2 billion, while the EU trade resulted in a deficit of SEK 13.1 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 0.5 billion in October 2015, compared to SEK 0.7 billion in September 2015. The corresponding figure for August 2015 was SEK 1.1 billion.

Considering the first ten months of the year, both exports and imports fell 4 percent compared to the same period of 2014, resulting in a trade surplus of SEK 18.5 billion, higher than a SEK 14.5 billion surplus a year earlier.

Sweden Trade Balance Swings to Deficit

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
11/26/2015 8:45:53 AM