Swedish Trade Surplus at 10-Month High in April


Swedish trade surplus increased to SEK 4.4 billion in April of 2016 compared with a SEK 3.5 billion surplus a year earlier, as exports were unchanged while imports declined by 1.0 percent. Trade with countries outside the EU resulted in a surplus of SEK 16.5 billion, while the EU trade resulted in a deficit of SEK 12.1 billion. It was the highest reading since June 2015.

The value of exports in April 2016 amounted to SEK 99.6 billion, while imports were valued at SEK 95.2 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 16.5 billion, while the EU trade resulted in a deficit of SEK 12.1 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 1.8 billion in April 2016, compared to SEK 1.2 billion in March 2015. The corresponding figure for February 2016 was SEK 0.5 billion.

In the first four months of 2016, the value of exports has decreased by 1 percent compared to the corresponding period one year ago, while the value of imports remained unchanged. Exports amounted to SEK 385.8 billion, and imports were valued at SEK 377.1 billion, resulting in a surplus net trade balance of SEK 8.7 billion. The corresponding surplus figure for these months one year earlier was SEK 12 billion.

Yekaterina Guchshina | yekaterina@tradingeconomics.com
5/26/2016 9:05:44 AM