Sweden Trade Surplus Narrows Slightly

Swedish trade surplus decreased slightly to SEK 2.6 billion in September of 2017 from SEK 2.7 billion a year earlier with both exports and imports rising 3 percent. The number of weekdays in September 2017 was one less than in September 2016.

Year-on-year, exports went up 3 percent to SEK 111 billion and imports also increased 3 percent to SEK 108.4 billion. Trade with countries outside the EU resulted in a surplus of SEK 15.2 billion, while EU trade resulted in a deficit of SEK 12.6 billion.

Seasonally adjusted, the net trade deficit amounted to SEK 0.5 billion in September 2017, compared with a deficit of SEK 0.8 billion in August 2017. 

Considering the first nine months of the year, both exports and imports rose 10 percent over a year earlier to SEK 956.0 billion and SEK 959.0 billion respectively. The country's trade deficit narrowed to SEK 3.0 billion from a SEK 7.7 billion gap in the first nine months of 2016.

Sweden Trade Surplus Narrows Slightly

Statistics Sweden | Joana Taborda | joana.taborda@tradingeconomics.com
10/26/2017 8:30:26 AM