Exports, imports and net trade balance, August 2022, in current prices
Net trade balance at SEK -18.4 billion in August
Statistical news from Statistics Sweden 2022-09-27 8.00
In August 2022, Swedish exports of goods amounted to SEK 148.5 billion, while imports of goods amounted to SEK 166.9 billion. As a result, the net trade balance was SEK -18.4 billion. .
Foreign trade in goods resulted in a net trade deficit of SEK 18.4 billion in August 2022, according to preliminary calculations. In August 2021, there was a net trade deficit of SEK 11.1 billion.
The value of exports in August 2022 was SEK 148.5 billion, while imports were valued at SEK 166.9 billion. The corresponding values for August 2021 were SEK 115.4 billion for exports and SEK 126.5 billion for imports. Exports of goods have thus increased by 29 percent in value, and imports have increased by 32 percent in value compared with August 2021. The number of weekdays in August 2022 was one more compared with August 2021.
Trade in goods with countries outside the EU resulted in a surplus of SEK 0.8 billion, while EU trade resulted in a deficit of SEK 19.2 billion. As from February 2020, the United Kingdom no longer forms part of the group EU Member States and is included, instead, in the group Non-EU Member States.
| Month | Total | EU Member States[*] | Non EU Member States | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||
| Exports | Jan | 131.3 | 114.2 | 141.4 | 75.8 | 63.3 | 78.9 | 55.5 | 50.9 | 62.5 | |
| Febr | 127.7 | 123.5 | 151.2 | 66.9 | 66.0 | 81.6 | 54.2 | 57.5 | 69.6 | ||
| March | 131.1 | 144.2 | 183.3 | 66.9 | 78.0 | 99.1 | 57.3 | 66.2 | 84.2 | ||
| April | 106.3 | 131.8 | 155.8 | 52.2 | 69.9 | 84.4 | 49.5 | 61.9 | 71.4 | ||
| May | 102.3 | 133.7 | 171.7 | 53.0 | 70.6 | 92.5 | 45.1 | 63.1 | 79.2 | ||
| June | 119.6 | 144.3 | 181.3 | 60.9 | 76.1 | 98.8 | 52.9 | 68.2 | 82.5 | ||
| July | 103.8 | 127.0 | 152.9 | 52.0 | 66.7 | 78.9 | 46.8 | 60.3 | 74.0 | ||
| Aug | 103.8 | 115.4 | 148.5 | 57.3 | 64.0 | 83.1 | 41.3 | 51.4 | 65.4 | ||
| Sept | 124.7 | 147.1 | 66.9 | 79.5 | 51.0 | 67.6 | |||||
| Oct | 128.6 | 145.8 | 67.2 | 79.7 | 53.9 | 66.1 | |||||
| Nov | 128.2 | 153.5 | 68.7 | 83.8 | 52.1 | 69.7 | |||||
| Dec | 119.7 | 147.6 | 63.1 | 78.1 | 49.8 | 69.5 | |||||
| Total | 1 427.1 | 1 628.1 | 1 286.1 | 751.0 | 875.7 | 697.3 | 609.4 | 752.4 | 588.8 | ||
| Imports | Jan | 120.3 | 110.0 | 142.6 | 84.3 | 75.3 | 89.4 | 36.0 | 34.7 | 53.2 | |
| Febr | 114.8 | 118.1 | 150.1 | 76.7 | 80.9 | 97.5 | 32.9 | 37.2 | 52.6 | ||
| March | 125.6 | 141.2 | 179.3 | 85.2 | 96.5 | 115.3 | 34.9 | 44.7 | 64.0 | ||
| April | 101.0 | 130.2 | 159.5 | 66.2 | 88.6 | 99.8 | 30.9 | 41.6 | 59.7 | ||
| May | 101.5 | 130.2 | 177.1 | 67.8 | 87.0 | 111.8 | 29.9 | 43.2 | 65.3 | ||
| June | 115.1 | 135.5 | 179.4 | 78.1 | 91.3 | 116.3 | 31.9 | 44.2 | 63.1 | ||
| July | 100.6 | 120.0 | 156.8 | 66.5 | 79.6 | 91.2 | 29.7 | 40.4 | 65.6 | ||
| Aug | 105.8 | 126.5 | 166.9 | 71.3 | 81.4 | 102.3 | 30.1 | 45.1 | 64.6 | ||
| Sept | 121.9 | 141.1 | 83.4 | 91.4 | 33.1 | 49.7 | |||||
| Oct | 124.6 | 145.7 | 86.3 | 94.8 | 33.0 | 50.9 | |||||
| Nov | 126.8 | 153.7 | 88.1 | 101.4 | 33.0 | 52.3 | |||||
| Dec | 118.5 | 152.6 | 81.6 | 100.5 | 31.5 | 52.1 | |||||
| Total | 1 376.5 | 1 604.8 | 1 311.7 | 935.7 | 1 068.7 | 823.6 | 386.9 | 536.1 | 488.1 | ||
| Net Trade of Goods | Jan | 11.0 | 4.2 | ‑1.2 | ‑8.5 | ‑12.0 | ‑10.5 | 19.5 | 16.2 | 9.3 | |
| Febr | 12.9 | 5.4 | 1.1 | ‑9.8 | ‑14.9 | ‑15.9 | 21.3 | 20.3 | 17.0 | ||
| March | 5.5 | 3.0 | 4.0 | ‑18.3 | ‑18.5 | ‑16.2 | 22.4 | 21.5 | 20.2 | ||
| April | 5.3 | 1.6 | ‑3.7 | ‑14.0 | ‑18.7 | ‑15.4 | 18.6 | 20.3 | 11.7 | ||
| May | 0.8 | 3.5 | ‑5.4 | ‑14.8 | ‑16.4 | ‑19.3 | 15.2 | 19.9 | 13.9 | ||
| June | 4.5 | 8.8 | 1.9 | ‑17.2 | ‑15.2 | ‑17.5 | 21.0 | 24.0 | 19.4 | ||
| July | 3.2 | 7.0 | ‑3.9 | ‑14.5 | ‑12.9 | ‑12.3 | 17.1 | 19.9 | 8.4 | ||
| Aug | ‑2.0 | ‑11.1 | ‑18.4 | ‑14.0 | ‑17.4 | ‑19.2 | 11.2 | 6.3 | 0.8 | ||
| Sept | 2.8 | 6.0 | ‑16.5 | ‑11.9 | 17.9 | 17.9 | |||||
| Oct | 4.0 | 0.1 | ‑19.1 | ‑15.1 | 20.9 | 15.2 | |||||
| Nov | 1.4 | ‑0.2 | ‑19.5 | ‑17.6 | 19.1 | 17.4 | |||||
| Dec | 1.2 | ‑5.0 | ‑18.5 | ‑22.4 | 18.3 | 17.4 | |||||
| Total | 50.6 | 23.3 | ‑25.6 | ‑184.7 | ‑193.0 | ‑126.3 | 222.5 | 216.3 | 100.7 | ||
Seasonally adjusted, net trade showed a deficit of SEK 8.2 billion in August, compared with a deficit of SEK 7.8 billion in July. The corresponding figure for June was a deficit of SEK 6.9 billion.
Net trade (January – August 2022) showed a deficit of SEK 25.6 billion SEK
During the last eight months, the value of exports of goods increased by 24 percent, and the value of imports of goods increased by 30 percent compared with the corresponding period one year ago. Exports were valued at SEK 1 286.1 billion and imports were valued at SEK 1 311.7 billion, resulting in a net trade deficit of SEK 25.6 billion for January - August 2022. The corresponding net trade balance for these months one year earlier was a surplus of SEK 22.4 billion.
Statistical Database
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Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.