Exports, imports and net trade balance, March 2017:
Net trade balance at SEK -0.8 billion in March
Statistical news from Statistics Sweden 2017-04-27 9.30
In March 2017, Swedish exports of goods amounted to SEK 119.2 billion, while imports of goods amounted to SEK 120.0 billion. As a result, the net trade balance was SEK -0.8 billion.
Foreign trade in goods resulted in a net trade deficit of SEK 0.8 billion in March 2017 according to preliminary calculations. In March 2016, there was a net trade surplus of SEK 1.8 billion.
The value of exports in March 2017 amounted to SEK 119.2 billion, while imports were valued at SEK 120.0 billion. Compared with March 2016, exports increased by 15 percent in value, while imports increased by 18 percent in value.
Trade with countries outside the EU resulted in a surplus of SEK 16.2 billion, while EU trade resulted in a deficit of SEK 17.0 billion.
There were two weekdays more in March 2017 than in March 2016.
Seasonally adjusted, the net trade deficit amounted to SEK 1.7 billion in March 2017, compared with a deficit of SEK 1.5 billion in February 2017. The corresponding figure for January 2017 was a deficit of SEK 1.1 billion.
Net trade (Jan 2017–Mar 2017) showed a deficit of SEK 0.7 billion
In this period, the value of exports has increased by 13 percent compared with the corresponding period one year ago, while the value of imports increased by 14 percent. Exports amounted to SEK 322.6 billion and imports were valued at SEK 323.3 billion, resulting in a deficit net trade balance of SEK 0.7 billion for January–March 2017. The corresponding surplus figure for these months one year earlier was SEK 2.4 billion.
Month |
Total |
EU Member States |
Non EU Member States |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2015 | 2016 | 2017 | 2015 | 2016 | 2017 | |||
Exports |
Jan |
89.8 | 87.1 | 103.0 | 54.3 | 53.0 | 63.0 | 35.5 | 34.1 | 40.0 | |
Febr |
93.5 | 94.6 | 100.4 | 55.1 | 56.5 | 58.9 | 38.4 | 38.1 | 41.5 | ||
March |
107.1 | 103.8 | 119.2 | 63.2 | 61.7 | 69.7 | 43.9 | 42.1 | 49.5 | ||
April |
99.5 | 99.6 | 56.4 | 58.4 | 43.1 | 41.2 | |||||
May |
95.9 | 96.3 | 56.0 | 56.9 | 39.9 | 39.4 | |||||
June |
109.5 | 103.3 | 63.7 | 60.5 | 45.8 | 42.8 | |||||
July |
88.7 | 86.0 | 50.3 | 50.7 | 38.4 | 35.3 | |||||
Aug |
88.9 | 88.4 | 53.6 | 53.2 | 35.3 | 35.2 | |||||
Sept |
105.4 | 108.4 | 60.3 | 64.1 | 45.1 | 44.3 | |||||
Oct |
103.7 | 104.0 | 61.7 | 62.9 | 42.0 | 41.1 | |||||
Nov |
100.3 | 113.0 | 60.4 | 66.1 | 39.9 | 46.9 | |||||
Dec |
98.3 | 109.1 | 55.4 | 62.1 | 42.9 | 47.0 | |||||
Total |
1 180.6 | 1 193.6 | 322.6 | 690.4 | 706.1 | 191.6 | 490.2 | 487.5 | 131.0 | ||
Imports |
Jan |
87.7 | 86.3 | 102.0 | 61.7 | 61.1 | 71.5 | 26.0 | 25.2 | 30.5 | |
Febr |
90.9 | 94.8 | 101.3 | 63.3 | 70.0 | 73.4 | 27.6 | 24.8 | 27.9 | ||
March |
104.0 | 102.0 | 120.0 | 72.0 | 72.8 | 86.7 | 32.0 | 29.2 | 33.3 | ||
April |
96.3 | 97.1 | 68.1 | 72.2 | 28.2 | 24.9 | |||||
May |
94.0 | 99.9 | 64.8 | 72.0 | 29.2 | 27.9 | |||||
June |
103.3 | 103.5 | 73.0 | 74.1 | 30.3 | 29.4 | |||||
July |
88.5 | 86.0 | 60.2 | 59.5 | 28.3 | 26.5 | |||||
Aug |
92.2 | 98.5 | 63.4 | 67.8 | 28.8 | 30.7 | |||||
Sept |
103.3 | 105.3 | 74.4 | 76.3 | 28.9 | 29.0 | |||||
Oct |
106.8 | 106.8 | 76.9 | 78.3 | 29.9 | 28.5 | |||||
Nov |
105.5 | 115.0 | 77.3 | 82.8 | 28.2 | 32.2 | |||||
Dec |
94.3 | 110.4 | 67.7 | 78.5 | 26.6 | 31.9 | |||||
Total |
1 166.8 | 1 205.6 | 323.3 | 822.8 | 865.4 | 231.6 | 344.0 | 340.2 | 91.7 | ||
Net Trade of Goods |
Jan |
2.1 | 0.8 | 1.0 | ‑7.4 | ‑8.1 | ‑8.5 | 9.5 | 8.9 | 9.5 | |
Febr |
2.6 | ‑0.2 | ‑0.9 | ‑8.2 | ‑13.5 | ‑14.5 | 10.8 | 13.3 | 13.6 | ||
March |
3.1 | 1.8 | ‑0.8 | ‑8.8 | ‑11.1 | ‑17.0 | 11.9 | 12.9 | 16.2 | ||
April |
3.2 | 2.5 | ‑11.7 | ‑13.8 | 14.9 | 16.3 | |||||
May |
1.9 | ‑3.6 | ‑8.8 | ‑15.1 | 10.7 | 11.5 | |||||
June |
6.2 | ‑0.2 | ‑9.3 | ‑13.6 | 15.5 | 13.4 | |||||
July |
0.2 | 0.0 | ‑9.9 | ‑8.8 | 10.1 | 8.8 | |||||
Aug |
‑3.3 | ‑10.1 | ‑9.8 | ‑14.6 | 6.5 | 4.5 | |||||
Sept |
2.1 | 3.1 | ‑14.1 | ‑12.2 | 16.2 | 15.3 | |||||
Oct |
‑3.1 | ‑2.8 | ‑15.2 | ‑15.4 | 12.1 | 12.6 | |||||
Nov |
‑5.2 | ‑2.0 | ‑16.9 | ‑16.7 | 11.7 | 14.7 | |||||
Dec |
4.0 | ‑1.3 | ‑12.3 | ‑16.4 | 16.3 | 15.1 | |||||
Total |
13.8 | ‑12.0 | ‑0.7 | ‑132.4 | ‑159.3 | ‑40.0 | 146.2 | 147.3 | 39.3 | ||
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
2017-05-29 at 09:30.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.