Swedish Trade Surplus Widens In January


Swedish trade surplus widened to SEK 1.5 billion in January 2017 from SEK 0.8 billion in the same month of the previous year, as exports rose by 19 percent to SEK 103.4 billion and imports increased at a slower 18 percent to SEK 101.9 billion.

In January 2017 Swedish exports of goods amounted to SEK 103.4 billion, while imports of goods amounted to SEK 101.9 billion. As a result, the net trade balance was SEK 1.5 billion. In January 2016, there was a net trade surplus of SEK 0.8 billion.

The value of exports in January 2017 amounted to SEK 103.4 billion, while imports were valued at SEK 101.9 billion. Compared with January 2016, exports increased by 19 percent in value, while imports increased by 18 percent in value.

Trade with countries outside the EU resulted in a surplus of SEK 9.4 billion, while EU trade resulted in a deficit of SEK 7.9 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.8 billion in January 2017, compared with a deficit of SEK 0.4 billion in December 2016. The corresponding figure for November 2016 was SEK 0.0 billion.

During November 2016-January 2017, the value of exports and the value of imports have both increased by 14 percent compared with the corresponding period one year ago. Exports amounted to SEK 326.0 billion and imports were valued at SEK 326.6 billion, resulting in a deficit net trade balance of SEK 0.6 billion for that period. The corresponding deficit figure for these months one year earlier was SEK 0.4 billion.

Statistics Sweden | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/28/2017 11:04:31 AM