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.

The value of exports in February 2013 amounted to SEK 87.6 billion, while imports were valued at SEK 80.5 billion. Compared to February 2012, exports decreased by 11 percent in value, while imports decreased by 14 percent. Trade with countries outside the EU resulted in a surplus of SEK 10.2 billion, while the EU trade resulted in a deficit of SEK 3.1 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 6.7 billion in February 2013, compared to SEK 6.6 billion in January 2013. The corresponding figure for December 2012 was SEK 6.5 billion.

Net trade (Dec 2012–Feb 2013) showed a surplus of SEK 13.3 billion, during this period the value of both exports and imports decreased by 11 percent compared to the corresponding period one year ago. The corresponding surplus figure for these months one year earlier was SEK 15.9 billion.

Sweden Trade Surplus Widens in February

Statistics Sweden | Nuno Fontes | nuno@tradingeconomics.com
3/27/2013 10:22:26 AM