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

Net trade balance at SEK -1.8 billion in January

Statistical news from Statistics Sweden 2018-02-27 9.30

In January 2018, Swedish exports of goods amounted to SEK 115.1 billion, while imports of goods amounted to SEK 116.9 billion. As a result, the net trade balance was SEK -1.8 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 1.8 billion in January 2018, according to preliminary calculations. In January 2017, the net trade surplus was SEK 0.9 billion.

The value of exports in January 2018 was SEK 115.1 billion, while imports were valued at SEK 116.9 billion. Compared with January 2017, exports increased by 12 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 12.8 billion, while EU trade resulted in a deficit of SEK 14.6 billion.

The number of weekdays in January 2018 was one more than in January 2017.

Seasonally adjusted, the net trade deficit amounted to SEK 1.7 billion in January 2018, compared with a deficit of SEK 0.9 billion in December 2017. The corresponding figure for November 2017 was a deficit of SEK 0.2 billion.

Net trade (Nov 2017–Jan 2018) showed a deficit of SEK 4.6 billion

During this period, the value of exports and imports of goods both increased by 7 percent compared with the corresponding period one year ago, Exports amounted to SEK 346.4 billion and imports were valued at SEK 351.0 billion, resulting in a deficit net trade balance of 4.6 billion for November 2017-January 2018. The corresponding deficit for these months one year earlier was SEK 2.6 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
87.1 103.1 115.1 53.0 63.0 67.5 34.1 40.1 47.6
 
Febr
94.6 100.5   56.5 59.0   38.1 41.5  
 
March
103.7 119.1   61.7 69.5   42.0 49.6  
 
April
99.5 99.5   58.3 59.3   41.2 40.2  
 
May
96.2 115.2   56.8 67.9   39.4 47.3  
 
June
103.3 115.4   60.5 67.5   42.8 47.9  
 
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
109.1 109.5   62.1 64.2   47.0 45.3  
 
Total
1 192.7 1 306.9 115.1 705.3 773.0 67.5 487.4 533.9 47.6
Imports
Jan
86.4 102.2 116.9 61.1 71.6 82.1 25.3 30.6 34.8
 
Febr
94.9 101.7   70.0 73.4   24.9 28.3  
 
March
102.1 119.6   72.8 86.1   29.3 33.5  
 
April
97.3 102.5   72.2 73.7   25.1 28.8  
 
May
100.2 113.9   72.0 81.7   28.2 32.2  
 
June
103.6 110.0   74.1 79.4   29.5 30.6  
 
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
107.2 117.7   78.3 85.5   28.9 32.2  
 
Nov
115.1 121.5   82.7 88.5   32.4 33.0  
 
Dec
110.5 112.6   78.4 81.9   32.1 30.7  
 
Total
1 207.4 1 313.1 116.9 865.3 939.6 82.1 342.1 373.5 34.8
Net Trade of Goods
Jan
0.7 0.9 ‑1.8 ‑8.1 ‑8.6 ‑14.6 8.8 9.5 12.8
 
Febr
‑0.3 ‑1.2   ‑13.5 ‑14.4   13.2 13.2  
 
March
1.6 ‑0.5   ‑11.1 ‑16.6   12.7 16.1  
 
April
2.2 ‑3.0   ‑13.9 ‑14.4   16.1 11.4  
 
May
‑4.0 1.3   ‑15.2 ‑13.8   11.2 15.1  
 
June
‑0.3 5.4   ‑13.6 ‑11.9   13.3 17.3  
 
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 ‑1.1   ‑15.7 ‑15.5   12.2 14.4  
 
Nov
‑2.1 0.3   ‑16.6 ‑15.9   14.5 16.2  
 
Dec
‑1.4 ‑3.1   ‑16.3 ‑17.7   14.9 14.6  
 
Total
‑14.7 ‑6.2 ‑1.8 ‑160.0 ‑166.6 ‑14.6 145.3 160.4 12.8

SEK millions, current prices. Trend
Namnlös

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

2018-03-27 at 09:30.

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