Sweden Trade Surplus Widens in March

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.

SCB | Nuno Fontes | nuno@tradingeconomics.com
4/26/2013 9:12:18 AM