Sweden Trade Surplus Narrowed in October
In October of 20103, Swedish trade surplus narrowed to SEK 4.4 billion, down from SEK 7.1 billion in October of 2012. Both exports and imports were down on the year, but exports decreased at a faster pace.
11/27/2013 8:54:47 AM
The value of exports in October 2013 amounted to SEK 97.3 billion, while imports were valued at SEK 92.9 billion. Compared to October 2012, the value of exports decreased by 7 percent, while the imports decreased by 5 percent. Trade with countries outside the EU resulted in a surplus of SEK 16.1 billion, while the EU trade resulted in a deficit of SEK11.7 billion.
In the period of January to October, the value of both exports and imports decreased by 8 percent, compared to the corresponding period one year ago. Exports amounted to SEK 909.4 billion, and imports were valued at SEK 855.2 billion, resulting in a surplus net trade balance of SEK 54.2 billion. The corresponding surplus figure for these months one year earlier was SEK 57.4 billion.