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Exports, imports and net trade balance, June 2018, in current prices:

Net trade balance at SEK -0.5 billion in June

Statistical news from Statistics Sweden 2018-07-27 9.30

In June 2018, Swedish exports of goods amounted to SEK 124.7 billion, while imports of goods amounted to SEK 125.2 billion. As a result, the net trade balance was SEK -0.5 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 0.5 billion in June 2018, according to preliminary calculations. In June 2017, there was a net trade surplus of SEK 5.4 billion.

The value of exports in June was SEK 124.7 billion, while imports were valued at SEK 125.2 billion. Compared with June 2017, exports increased by 8 percent in value while imports increased by 14 percent in value.

Trade in goods with countries outside the EU resulted in a surplus of SEK 15.3 billion, while EU trade resulted in a deficit of SEK 15.8 billion.

The number of weekdays in June 2018 was one less compared with June 2017.

Seasonally adjusted, the net trade deficit amounted to SEK 5.0 billion in June, compared with a deficit of SEK 4.3 billion in May. The corresponding figure for April was a deficit of SEK 3.4 billion.

Net trade (Jan–June 2018) showed a deficit of SEK 16.0 billion

In this period, the value of exports increased by 9 percent, while the value of imports increased by 12 percent compared with the corresponding period last year. Exports were valued at SEK 711.5 billion and imports were valued at SEK 727.5 billion, resulting in a net trade deficit of SEK 16.0 billion for January–June 2018. The corresponding net trade balance for these months last year was a surplus of SEK 2.9 billion.

Exports, imports and net trade in goods 2016–2018 (SEK billion). Revised figures in bold type
 MonthTotalEU Member StatesNon EU Member States
  201620172018201620172018201620172018
Exports
Jan
87.1 103.1 115.2 53.0 63.0 67.6 34.1 40.1 47.6
 
Febr
94.6 100.5 108.4 56.5 59.0 65.9 38.1 41.5 42.5
 
March
103.7 119.1 122.1 61.7 69.5 73.0 42.0 49.6 49.1
 
April
99.5 99.5 116.7 58.3 59.3 68.4 41.2 40.2 48.3
 
May
96.2 115.2 124.4 56.8 67.9 75.0 39.4 47.3 49.4
 
June
103.3 115.4 124.7 60.5 67.5 72.3 42.8 47.9 52.4
 
July
86.0 93.6   50.7 53.4   35.3 40.2  
 
Aug
88.4 99.1   53.2 59.2   35.2 39.9  
 
Sept
108.1 113.5   63.8 67.4   44.3 46.1  
 
Oct
103.7 116.6   62.6 70.0   41.1 46.6  
 
Nov
113.0 121.8   66.1 72.6   46.9 49.2  
 
Dec
109.1 109.1   62.1 63.9   47.0 45.2  
 
Total
1 192.7 1 306.5 711.5 705.3 772.7 422.2 487.4 533.8 289.3
Imports
Jan
86.4 102.2 118.4 61.1 71.6 83.6 25.3 30.6 34.8
 
Febr
94.9 101.7 110.8 70.0 73.4 81.3 24.9 28.3 29.5
 
March
102.1 119.6 120.5 72.8 86.1 87.4 29.3 33.5 33.1
 
April
97.3 102.5 122.8 72.2 73.7 87.1 25.1 28.8 35.7
 
May
100.2 113.9 129.8 72.0 81.7 92.7 28.2 32.2 37.1
 
June
103.6 110.0 125.2 74.1 79.4 88.1 29.5 30.6 37.1
 
July
85.8 95.4   59.5 65.0   26.3 30.4  
 
Aug
98.9 105.8   67.9 73.2   31.0 32.6  
 
Sept
105.4 110.2   76.3 79.6   29.1 30.6  
 
Oct
107.2 117.9   78.3 85.8   28.9 32.1  
 
Nov
115.1 121.7   82.7 88.7   32.4 33.0  
 
Dec
110.5 113.0   78.4 82.2   32.1 30.8  
 
Total
1 207.4 1 313.9 727.5 865.3 940.4 520.2 342.1 373.5 207.3
Net Trade of Goods
Jan
0.7 0.9 ‑3.2 ‑8.1 ‑8.6 ‑16.0 8.8 9.5 12.8
 
Febr
‑0.3 ‑1.2 ‑2.4 ‑13.5 ‑14.4 ‑15.4 13.2 13.2 13.0
 
March
1.6 ‑0.5 1.6 ‑11.1 ‑16.6 ‑14.4 12.7 16.1 16.0
 
April
2.2 ‑3.0 ‑6.1 ‑13.9 ‑14.4 ‑18.7 16.1 11.4 12.6
 
May
‑4.0 1.3 ‑5.4 ‑15.2 ‑13.8 ‑17.7 11.2 15.1 12.3
 
June
‑0.3 5.4 ‑0.5 ‑13.6 ‑11.9 ‑15.8 13.3 17.3 15.3
 
July
0.2 ‑1.8   ‑8.8 ‑11.6   9.0 9.8  
 
Aug
‑10.5 ‑6.7   ‑14.7 ‑14.0   4.2 7.3  
 
Sept
2.7 3.3   ‑12.5 ‑12.2   15.2 15.5  
 
Oct
‑3.5 ‑1.3   ‑15.7 ‑15.8   12.2 14.5  
 
Nov
‑2.1 0.1   ‑16.6 ‑16.1   14.5 16.2  
 
Dec
‑1.4 ‑3.9   ‑16.3 ‑18.3   14.9 14.4  
 
Total
‑14.7 ‑7.4 ‑16.0 ‑160.0 ‑167.7 ‑98.0 145.3 160.3 82.0

SEK millions, current prices. Trend
Exports, imports and net trade balance, June 2018, in current prices

Definitions and explanations

Last month’s import and export values in trade with the EU are estimates based on data provided by a large subset of companies that trade with the EU. Most (95 percent) of the deviation between these estimates and the subsequent outcome lies within the range of SEK -2 billion and SEK 1 billion for both imports and exports.

Import and export values for trade in goods with non-EU countries are based largely on data from Swedish Customs.

Next publishing will be

2018-08-28 at 09:30.

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