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.

Net trade (Nov 2012–Jan 2013) showed a surplus of SEK 11.0 billion. During this period, the value of exports has decreased by 9 percent compared to the corresponding period one year ago, while the value of imports has decreased by 8 percent. Exports amounted to SEK 273.6 billion, and imports were valued at SEK 262.6 billion, resulting in a surplus net trade balance of SEK 11.0 billion for November 2012 – January 2013. The corresponding surplus figure for these months one year earlier was SEK 15.0 billion.

The value of exports in January 2013 amounted to SEK 92.1 billion, while imports were valued at SEK 86.1 billion. Compared to January 2012, exports decreased by 6 percent in value, while imports decreased by 2 percent. Trade with countries outside the EU resulted in a surplus of SEK 11.5 billion, while the EU trade resulted in a deficit of SEK 5.5 billion.
Seasonally adjusted, the net trade surplus amounted to SEK 5.8 billion in January 2013, compared to SEK 6.1 billion in December 2012. The corresponding figure for November was SEK 6.2 billion.

SCB | Nuno Fontes | nuno@tradingeconomics.com
2/27/2013 8:58:33 AM