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Exports, imports and net trade balance, November 2017, in current prices:

Net trade balance at SEK -3,0 billion in November

Statistical news from Statistics Sweden 2017-12-28 9.30

In November 2017, Swedish exports of goods amounted to SEK 118.0 billion, while imports of goods amounted to SEK 121.0 billion. As a result, the net trade balance was SEK -3.0 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 3.0 billion in November 2017, according to preliminary calculations. In November 2016, there was a net trade deficit of SEK 2.1 billion.

The value of exports in November 2017 amounted to SEK 118.0 billion, while imports were valued at SEK 121.0 billion. Compared with November 2016, exports increased by 4 percent in value while imports increased by 5 percent in value.

Trade with countries outside the EU resulted in a surplus of SEK 16.6 billion, while EU trade resulted in a deficit of SEK 19.6 billion.

The number of weekdays in November 2017 was the same as in November 2016.

Seasonally adjusted, the net trade deficit amounted to SEK 0.5 billion in November 2017, compared with a deficit of SEK 0.4 billion in October 2017. The corresponding figure for September 2017 was a deficit of SEK 0.4 billion.

Net trade (Jan–Nov 2017) showed a deficit of SEK 5.9 billion

In this period, the value of exports has increased by 10 percent compared with the corresponding period one year ago, while the value of imports increased by 9 percent. Exports amounted to SEK 1194.0 billion and imports were valued at SEK 1199.9 billion, resulting in a deficit net trade balance of SEK 5.9 billion for January–November 2017. The corresponding figure for these months one year earlier was a net trade deficit of SEK 13.3 billion.

Exports, imports and net trade in goods 2015–2017 (SEK billion). Revised figures in bold type
 

Month

Total

EU Member States

Non EU Member States

    2015 2016 2017 2015 2016 2017 2015 2016 2017
Exports
Jan
89.8 87.1 103.2 54.3 53.0 63.1 35.5 34.1 40.1
 
Febr
93.5 94.6 100.6 55.1 56.5 59.1 38.4 38.1 41.5
 
March
107.1 103.7 119.1 63.2 61.7 69.5 43.9 42.0 49.6
 
April
99.5 99.5 99.6 56.4 58.3 59.4 43.1 41.2 40.2
 
May
95.9 96.2 115.3 56.0 56.8 68.0 39.9 39.4 47.3
 
June
109.5 103.3 115.4 63.7 60.5 67.5 45.8 42.8 47.9
 
July
88.7 86.0 93.7 50.3 50.7 53.5 38.4 35.3 40.2
 
Aug
88.9 88.4 99.3 53.6 53.2 59.4 35.3 35.2 39.9
 
Sept
105.4 108.1 113.6 60.3 63.8 67.5 45.1 44.3 46.1
 
Oct
103.7 103.7 116.2 61.7 62.6 69.7 42.0 41.1 46.5
 
Nov
100.3 113.0 118.0 60.4 66.1 68.8 39.9 46.9 49.2
 
Dec
98.3 109.1   55.4 62.1   42.9 47.0  
 
Total
1 180.6 1 192.7 1 194.0 690.4 705.3 705.5 490.2 487.4 488.5
Imports
Jan
87.7 86.4 102.1 61.7 61.1 71.5 26.0 25.3 30.6
 
Febr
90.9 94.9 101.7 63.3 70.0 73.5 27.6 24.9 28.2
 
March
104.0 102.1 119.3 72.0 72.8 85.7 32.0 29.3 33.6
 
April
96.3 97.3 102.6 68.1 72.2 73.8 28.2 25.1 28.8
 
May
94.0 100.2 114.0 64.8 72.0 81.8 29.2 28.2 32.2
 
June
103.3 103.6 110.0 73.0 74.1 79.4 30.3 29.5 30.6
 
July
88.5 85.8 95.5 60.2 59.5 65.0 28.3 26.3 30.5
 
Aug
92.2 98.9 105.9 63.4 67.9 73.4 28.8 31.0 32.5
 
Sept
103.3 105.4 110.4 74.4 76.3 79.8 28.9 29.1 30.6
 
Oct
106.8 107.2 117.4 76.9 78.3 85.3 29.9 28.9 32.1
 
Nov
105.5 115.1 121.0 77.3 82.7 88.4 28.2 32.4 32.6
 
Dec
94.3 110.5   67.7 78.4   26.6 32.1  
 
Total
1 166.8 1 207.4 1 199.9 822.8 865.3 857.6 344.0 342.1 342.3
Net Trade of Goods
Jan
2.1 0.7 1.1 ‑7.4 ‑8.1 ‑8.4 9.5 8.8 9.5
 
Febr
2.6 ‑0.3 ‑1.1 ‑8.2 ‑13.5 ‑14.4 10.8 13.2 13.3
 
March
3.1 1.6 ‑0.2 ‑8.8 ‑11.1 ‑16.2 11.9 12.7 16.0
 
April
3.2 2.2 ‑3.0 ‑11.7 ‑13.9 ‑14.4 14.9 16.1 11.4
 
May
1.9 ‑4.0 1.3 ‑8.8 ‑15.2 ‑13.8 10.7 11.2 15.1
 
June
6.2 ‑0.3 5.4 ‑9.3 ‑13.6 ‑11.9 15.5 13.3 17.3
 
July
0.2 0.2 ‑1.8 ‑9.9 ‑8.8 ‑11.5 10.1 9.0 9.7
 
Aug
‑3.3 ‑10.5 ‑6.6 ‑9.8 ‑14.7 ‑14.0 6.5 4.2 7.4
 
Sept
2.1 2.7 3.2 ‑14.1 ‑12.5 ‑12.3 16.2 15.2 15.5
 
Oct
‑3.1 ‑3.5 ‑1.2 ‑15.2 ‑15.7 ‑15.6 12.1 12.2 14.4
 
Nov
‑5.2 ‑2.1 ‑3.0 ‑16.9 ‑16.6 ‑19.6 11.7 14.5 16.6
 
Dec
4.0 ‑1.4   ‑12.3 ‑16.3   16.3 14.9  
 
Total
13.8 ‑14.7 ‑5.9 ‑132.4 ‑160.0 ‑152.1 146.2 145.3 146.2

SEK millions, current prices. Trend
Exports, imports and net trade balance, November 2017, 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

2018-01-26 at 09:30.

Statistical Database

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