Sweden Trade Surplus Widens in July


Sweden recorded at SEK 0.5 billion trade surplus in July of 2016 compared with a SEK 0.4 billion surplus a year earlier. Exports and imports declined by 4 percent. Trade with EU countries resulted in a deficit of SEK 9.0 billion while outside the EU resulted in a surplus of SEK 9.5 billion

The value of exports in July 2016 amounted to SEK 85.1 billion, while imports were valued at SEK 84.6 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 9.5 billion, while the EU trade resulted in a deficit of SEK 9.0 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.8 billion in July 2016, compared to SEK 0.6 billion gap in June 2016. The corresponding figure for May 2016 was SEK 0.4 billion shortfall.

In the first seven months of 2016, the value of exports has decreased by 2 percent compared to the corresponding period one year ago, while the value of imports remained unchanged. Exports amounted to SEK 670.5 billion and imports were valued at SEK 666.0 billion, resulting in a surplus net trade balance of 4.5 billion for January–July 2016. The surplus figure for the corresponding months last year was SEK 20.5 billion

Statistics Sweden | Yekaterina Guchshina | yekaterina@tradingeconomics.com
8/29/2016 8:53:34 AM