Sweden Balance of Trade

Sweden recorded a trade surplus of 6800 Million SEK in March of 2013. Balance of Trade in Sweden is reported by the Statistics Sweden. Historically, from 1975 until 2013, Sweden Balance of Trade averaged 5442.78 Million SEK reaching an all time high of 21800 Million SEK in March of 2006 and a record low of -4210 Million SEK in August of 1982. Sweden exports mostly machinery, motor vehicles, paper products, pulp and wood, iron, steel products, chemicals. The country imports machinery, petroleum and petroleum products, chemicals, motor vehicles, iron and steel; foodstuffs and clothing. European Union is by far its largest trading partner accounting for about 61% of exports and 72% of imports. Norway, Russia, The United States and China play also an important role. This page includes a chart with historical data for Sweden Balance of Trade.

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Sweden Balance of Trade
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Sweden Trade Surplus Widens in March
SCB | Nuno Fontes | nuno@tradingeconomics.com  |  4/26/2013 9:12:18 AM


In March 2013, Swedish exports of goods amounted to SEK 91.8 billion, while imports of goods amounted to SEK 85.0 billion. As a result, the net trade balance was SEK 6.8 billion. In March 2012 the net trade surplus was SEK 4.8 billion.

During this period, the value of exports decreased by 10 percent while imports decreased by 11 percent compared to the corresponding period one year ago. Exports amounted to SEK 271.7 billion, and imports were valued at SEK 252.3 billion, resulting in a surplus net trade balance of SEK 19.4 billion for January - March 2013. The corresponding surplus figure for these months one year earlier was SEK 19.0 billion.

The value of exports in March 2013 amounted to SEK 91.8 billion, while imports were valued at SEK 85.0 billion. Compared to March 2012, exports decreased by 14 percent in value, while imports decreased by 16 percent. Trade with countries outside the EU resulted in a surplus of SEK 11.6 billion, while the EU trade resulted in a deficit of SEK 4.8 billion.
 
Seasonally adjusted, the net trade surplus amounted to SEK 7.4 billion in March 2013, compared to SEK 7.1 billion in February 2013. The corresponding figure for January 2013 was SEK 6.7 billion.

ARCHIVE
Sweden Trade Surplus Widens in February Foreign trade in goods resulted in a net trade surplus of SEK 7.1 billion in February 2013 according to preliminary calculations. In February 2012 the net trade surplus was SEK 4.2 billion. 2013-03-27
Sweden Trade Surplus Narrows in December In December of 2012, Swedish exports of goods amounted to SEK 80.7 billion, while imports of goods amounted to SEK 80.0 billion. As a result, the net trade balance was SEK 0.7 billion. In December 2011 the net trade surplus was SEK 2.3 billion. 2013-02-25
Sweden Trade Surplus Narrows In January From a Year Earlier In January 2013 Swedish exports of goods amounted to SEK 92.1 billion, while imports of goods amounted to SEK 86.1 billion. As a result, the net trade balance was SEK 6.0 billion. In January 2012 the net trade surplus was SEK 10.0 billion. 2013-02-27
Sweden Net Trade Decreases in November In November 2012 Swedish exports of goods amounted to SEK 99.2 billion, while imports of goods amounted to SEK 95.6 billion. As a result, the net trade balance was SEK 3.6 billion. In November 2011 the net trade surplus was SEK 4.0 billion. 2012-12-28



Balance of Trade | Notes

The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.






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