Sweden Trade Balance Swings into Surplus

Swedish trade balance swung into a SEK 2300 million surplus in May of 2015 compared with a SEK 1600 million deficit a year earlier.

Exports rose 1 percent year-on-year to SEK 94.5 billion while imports fell 3 percent to SEK 92.2 billion. 

Trade with countries outside the EU resulted in a surplus of SEK 10.3 billion, while the EU trade resulted in a deficit of SEK 8.0 billion.

Considering the first five months of 2015, exports went up 4 percent and imports rose at a slower 3 percent compared to the corresponding period one year ago. As a result, the trade balance widened by SEK 7.5 billion to SEK 17.7 billion.

Sweden Trade Balance Swings into Surplus

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
6/26/2015 8:56:34 AM