Exports, imports and net trade balance, October 2018, in current prices
Net trade balance at SEK -8.4 billion in October
Statistical news from Statistics Sweden 2018-11-27 9.30
In October 2018, Swedish exports of goods amounted to SEK 135.2 billion, while imports of goods amounted to SEK 143.6 billion. As a result, the net trade balance was SEK -8.4 billion.
Foreign trade in goods resulted in a net trade deficit of SEK 8.4 billion in October 2018, according to preliminary calculations. In October 2017, there was a net trade deficit of SEK 1.5 billion.
The value of exports in October was SEK 135.2 billion, while imports were valued at SEK 143.6 billion. Compared with October 2017, exports increased by 16 percent in value, while imports increased by 22 percent in value.
Trade in goods with countries outside the EU resulted in a surplus of SEK 10.0 billion, while EU trade resulted in a deficit of SEK 18.4 billion.
The number of weekdays in October 2018 was one more compared with October 2017.
Seasonally adjusted, the net trade deficit amounted to SEK 3.9 billion in October, compared with a deficit of SEK 3.2 billion in September. The corresponding figure for August was a deficit of SEK 2.9 billion.
Net trade (Jan – Oct 2018) showed a deficit of SEK 31.3 billion
In this period, the value of exports of goods increased by 11 percent, while the value of imports of goods increased by 13 percent compared with the corresponding period last year. Exports were valued at SEK 1192.8 billion and imports were valued at SEK 1224.1 billion, resulting in a net trade deficit of SEK 31.3 billion for January – October 2018. The corresponding net trade balance for these months last year was a deficit of 6.6 billion.
Month |
Total |
EU Member States |
Non EU Member States |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | 2017 | 2018 | 2016 | 2017 | 2018 | 2016 | 2017 | 2018 | |||
Exports |
Jan |
87.1 | 103.1 | 115.2 | 53.0 | 63.0 | 67.6 | 34.1 | 40.1 | 47.6 | |
Febr |
94.6 | 100.5 | 108.3 | 56.5 | 59.0 | 65.8 | 38.1 | 41.5 | 42.5 | ||
March |
103.7 | 119.1 | 122.1 | 61.7 | 69.5 | 73.0 | 42.0 | 49.6 | 49.1 | ||
April |
99.5 | 98.9 | 116.8 | 58.3 | 58.6 | 68.5 | 41.2 | 40.3 | 48.3 | ||
May |
96.2 | 115.2 | 124.4 | 56.8 | 67.9 | 75.3 | 39.4 | 47.3 | 49.1 | ||
June |
103.3 | 115.4 | 126.0 | 60.5 | 67.5 | 73.2 | 42.8 | 47.9 | 52.8 | ||
July |
86.0 | 93.6 | 108.6 | 50.7 | 53.4 | 64.5 | 35.3 | 40.2 | 44.1 | ||
Aug |
88.4 | 99.0 | 113.0 | 53.2 | 59.2 | 69.2 | 35.2 | 39.8 | 43.8 | ||
Sept |
108.1 | 112.7 | 123.2 | 63.8 | 66.6 | 74.8 | 44.3 | 46.1 | 48.4 | ||
Oct |
103.7 | 116.5 | 135.2 | 62.6 | 70.0 | 80.0 | 41.1 | 46.5 | 55.2 | ||
Nov |
113.0 | 121.7 | 66.1 | 72.5 | 46.9 | 49.2 | |||||
Dec |
109.1 | 109.1 | 62.1 | 63.9 | 47.0 | 45.2 | |||||
Total |
1 192.7 | 1 304.8 | 1 192.8 | 705.3 | 771.1 | 711.9 | 487.4 | 533.7 | 480.9 | ||
Imports |
Jan |
86.4 | 102.3 | 118.3 | 61.1 | 71.6 | 83.4 | 25.3 | 30.7 | 34.9 | |
Febr |
94.9 | 101.9 | 110.7 | 70.0 | 73.6 | 81.1 | 24.9 | 28.3 | 29.6 | ||
March |
102.1 | 119.6 | 120.5 | 72.8 | 86.1 | 87.4 | 29.3 | 33.5 | 33.1 | ||
April |
97.3 | 102.8 | 123.2 | 72.2 | 73.9 | 87.4 | 25.1 | 28.9 | 35.8 | ||
May |
100.2 | 114.1 | 130.4 | 72.0 | 81.7 | 93.3 | 28.2 | 32.4 | 37.1 | ||
June |
103.6 | 109.9 | 125.7 | 74.1 | 79.4 | 88.3 | 29.5 | 30.5 | 37.4 | ||
July |
85.8 | 95.6 | 110.0 | 59.5 | 65.1 | 73.5 | 26.3 | 30.5 | 36.5 | ||
Aug |
98.9 | 106.1 | 120.8 | 67.9 | 73.3 | 80.6 | 31.0 | 32.8 | 40.2 | ||
Sept |
105.4 | 110.3 | 120.9 | 76.3 | 79.5 | 84.8 | 29.1 | 30.8 | 36.1 | ||
Oct |
107.2 | 118.0 | 143.6 | 78.3 | 85.8 | 98.4 | 28.9 | 32.2 | 45.2 | ||
Nov |
115.1 | 121.8 | 82.7 | 88.7 | 32.4 | 33.1 | |||||
Dec |
110.5 | 113.1 | 78.4 | 82.2 | 32.1 | 30.9 | |||||
Total |
1 207.4 | 1 315.5 | 1 224.1 | 865.3 | 940.9 | 858.2 | 342.1 | 374.6 | 365.9 | ||
Net Trade of Goods |
Jan |
0.7 | 0.8 | ‑3.1 | ‑8.1 | ‑8.6 | ‑15.8 | 8.8 | 9.4 | 12.7 | |
Febr |
‑0.3 | ‑1.4 | ‑2.4 | ‑13.5 | ‑14.6 | ‑15.3 | 13.2 | 13.2 | 12.9 | ||
March |
1.6 | ‑0.5 | 1.6 | ‑11.1 | ‑16.6 | ‑14.4 | 12.7 | 16.1 | 16.0 | ||
April |
2.2 | ‑3.9 | ‑6.4 | ‑13.9 | ‑15.3 | ‑18.9 | 16.1 | 11.4 | 12.5 | ||
May |
‑4.0 | 1.1 | ‑6.0 | ‑15.2 | ‑13.8 | ‑18.0 | 11.2 | 14.9 | 12.0 | ||
June |
‑0.3 | 5.5 | 0.3 | ‑13.6 | ‑11.9 | ‑15.1 | 13.3 | 17.4 | 15.4 | ||
July |
0.2 | ‑2.0 | ‑1.4 | ‑8.8 | ‑11.7 | ‑9.0 | 9.0 | 9.7 | 7.6 | ||
Aug |
‑10.5 | ‑7.1 | ‑7.8 | ‑14.7 | ‑14.1 | ‑11.4 | 4.2 | 7.0 | 3.6 | ||
Sept |
2.7 | 2.4 | 2.3 | ‑12.5 | ‑12.9 | ‑10.0 | 15.2 | 15.3 | 12.3 | ||
Oct |
‑3.5 | ‑1.5 | ‑8.4 | ‑15.7 | ‑15.8 | ‑18.4 | 12.2 | 14.3 | 10.0 | ||
Nov |
‑2.1 | ‑0.1 | ‑16.6 | ‑16.2 | 14.5 | 16.1 | |||||
Dec |
‑1.4 | ‑4.0 | ‑16.3 | ‑18.3 | 14.9 | 14.3 | |||||
Total |
‑14.7 | ‑10.7 | ‑31.3 | ‑160.0 | ‑169.8 | ‑146.3 | 145.3 | 159.1 | 115.0 | ||
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
2018-12-28 at 09:30.
Statistical Database
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Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.