Exports, imports and net trade balance, October 2016:

Net trade balance at SEK -2.7 billion in October

Statistical news from Statistics Sweden 2016-11-28 9.30

In October 2016 Swedish exports of goods amounted to SEK 102.9 billion, while imports of goods amounted to SEK 105.6 billion. As a result, the net trade balance was SEK -2.7 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 2.7 billion in October 2016 according to preliminary calculations. In October 2015, there was a net trade deficit of SEK 3.1 billion.

The value of exports in October 2016 amounted to SEK 102.9 billion, while imports were valued at SEK 105.6 billion. Compared with October 2015, both exports and imports decreased by 1 percent in value.

Trade with countries outside the EU resulted in a surplus of SEK 12.4 billion, while the EU trade resulted in a deficit of SEK 15.1 billion.

The number of weekdays in October was one less than in October 2015.

Seasonally adjusted, the net trade deficit amounted to SEK 0.4 billion in October 2016, compared with a deficit of SEK 0.5 billion in September 2016. The corresponding figure for August 2016 was a deficit of SEK 0.6 billion.

Net trade (Jan–Oct 2016) showed a deficit of SEK 6.6 billion

During January–October, the value of exports has decreased by 1 percent compared with the corresponding period one year ago, while the value of imports increased by 1 percent. Exports amounted to SEK 970.5 billion and imports were valued at SEK 977.1 billion, resulting in a deficit net trade balance of 6.6 billion for January–October 2016. The corresponding surplus figure for these months one year earlier was SEK 15.0 billion.

Exports, imports and net trade in goods 2014–2016 (SEK billion). Revised figures in bold type
 MonthTotalEU Member StatesNon EU Member States
  201420152016201420152016201420152016
Exports
Jan
92.6 89.8 87.2 55.6 54.3 53.1 37.0 35.5 34.1
 
Febr
88.8 93.5 94.6 52.6 55.1 56.5 36.2 38.4 38.1
 
March
95.1 107.1 103.8 56.6 63.2 61.7 38.5 43.9 42.1
 
April
95.2 99.5 99.6 54.6 56.4 58.4 40.6 43.1 41.2
 
May
94.1 95.9 96.3 53.8 56.0 56.9 40.3 39.9 39.4
 
June
96.0 109.5 103.3 55.9 63.7 60.5 40.1 45.8 42.8
 
July
87.4 88.7 86.2 49.5 50.3 50.9 37.9 38.4 35.3
 
Aug
84.5 88.9 88.5 51.1 53.6 53.3 33.4 35.3 35.2
 
Sept
102.4 105.4 108.1 59.5 60.3 63.9 42.9 45.1 44.2
 
Oct
104.4 103.7 102.9 61.8 61.7 61.9 42.6 42.0 41.0
 
Nov
94.9 100.3   56.0 60.4   38.9 39.9  
 
Dec
91.6 98.3   51.6 55.4   40.0 42.9  
 
Total
1 127.0 1 180.6 970.5 658.6 690.4 577.1 468.4 490.2 393.4
Imports
Jan
88.6 87.7 86.2 60.4 61.7 61.0 28.2 26.0 25.2
 
Febr
83.8 90.9 94.6 59.1 63.3 69.9 24.7 27.6 24.7
 
March
94.1 104.0 101.8 64.3 72.0 72.7 29.8 32.0 29.1
 
April
92.6 96.3 96.7 64.4 68.1 72.2 28.2 28.2 24.5
 
May
95.5 94.0 99.6 65.2 64.8 71.9 30.3 29.2 27.7
 
June
91.5 103.3 103.4 64.9 73.0 74.1 26.6 30.3 29.3
 
July
85.7 88.5 86.0 56.8 60.2 59.6 28.9 28.3 26.4
 
Aug
87.8 92.2 98.4 58.9 63.4 67.8 28.9 28.8 30.6
 
Sept
101.0 103.3 104.8 70.5 74.4 75.9 30.5 28.9 28.9
 
Oct
104.0 106.8 105.6 73.7 76.9 77.0 30.3 29.9 28.6
 
Nov
95.2 105.5   67.3 77.3   27.9 28.2  
 
Dec
91.2 94.3   65.0 67.7   26.2 26.6  
 
Total
1 111.0 1 166.8 977.1 770.5 822.8 702.1 340.5 344.0 275.0
Net Trade of Goods
Jan
4.0 2.1 1.0 ‑4.8 ‑7.4 ‑7.9 8.8 9.5 8.9
 
Febr
5.0 2.6 0.0 ‑6.5 ‑8.2 ‑13.4 11.5 10.8 13.4
 
March
1.0 3.1 2.0 ‑7.7 ‑8.8 ‑11.0 8.7 11.9 13.0
 
April
2.6 3.2 2.9 ‑9.8 ‑11.7 ‑13.8 12.4 14.9 16.7
 
May
‑1.4 1.9 ‑3.3 ‑11.4 ‑8.8 ‑15.0 10.0 10.7 11.7
 
June
4.5 6.2 ‑0.1 ‑9.0 ‑9.3 ‑13.6 13.5 15.5 13.5
 
July
1.7 0.2 0.2 ‑7.3 ‑9.9 ‑8.7 9.0 10.1 8.9
 
Aug
‑3.3 ‑3.3 ‑9.9 ‑7.8 ‑9.8 ‑14.5 4.5 6.5 4.6
 
Sept
1.4 2.1 3.3 ‑11.0 ‑14.1 ‑12.0 12.4 16.2 15.3
 
Oct
0.4 ‑3.1 ‑2.7 ‑11.9 ‑15.2 ‑15.1 12.3 12.1 12.4
 
Nov
‑0.3 ‑5.2   ‑11.3 ‑16.9   11.0 11.7  
 
Dec
0.4 4.0   ‑13.4 ‑12.3   13.8 16.3  
 
Total
16.0 13.8 ‑6.6 ‑111.9 ‑132.4 ‑125.0 127.9 146.2 118.4

SEK millions, current prices. Trend

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