Exports and imports of goods, January 2024, in current prices and in constant prices
Weaker trade in imports of goods in January
Statistical news from Statistics Sweden 2024-03-27 8.00
In January 2024, exports of goods decreased by 2 percent in value while it remained the same in volume compared with the same period a year ago. At the same time, imports of goods decreased by 5 percent in value and by 2 percent in volume.
–Exports of minerals deceased both in terms of value and volume, compared with last year and last month, says Elin Bäckström, statistician at Statistics Sweden
Compared with the previous month, Swedish exports of goods increased by 5 percent in value and by 6 percent in volume. At the same time, Swedish imports of goods decreased by 2 percent in value and by 1 percent in volume. The number of weekdays in January 2024 was three more than in December 2023.
Detailed information about January 2024 (in current prices and in constant prices)
| Value index (2015=100) | Value (current prices) | Value (current prices) | Volume index (2015=100) | Volume (value in constant prices) | Volume (value in constant prices) | |
|---|---|---|---|---|---|---|
| Change in % | Change in % | Change in % | Change in % | |||
| Commodity group according to SITC | January 2024 | January 2024/January 2023 | January 2024/December 2023 | January 2024 | January 2024/January 2023 | January 2024/December 2023 |
| Total | 171 | ‑2 | 5 | 124 | 0 | 6 |
| Wood and paper products | 138 | ‑10 | 8 | 109 | 6 | 12 |
| Minerals | 157 | ‑26 | ‑15 | 93 | ‑22 | ‑12 |
| Chemicals, rubber products | 197 | ‑3 | 24 | 173 | 2 | 25 |
| Mineral fuels, electric current | 193 | ‑21 | ‑7 | 105 | ‑11 | ‑7 |
| Machinery, transport equipment | 173 | 10 | 7 | 133 | 7 | 8 |
| Other products | 164 | ‑1 | 4 | 107 | ‑5 | 1 |
Exports of minerals decreased by 26 percent in value and by 22 percent in volume compared with the same period last year. Within this product area, exports of iron ore and concentrates decreased by 61 percent in both value and volume. Compared with the previous month, exports of iron ore and concentrates decreased by 55 percent in value and by 52 percent in volume.
Exports of mineral fuels and electric current decreased by 21 percent in value and by 11 percent in volume compared with the same period last year. Compared with the previous month, exports of mineral fuels and electric current decreased by 7 percent in both value and in volume.
Exports of machinery and transport equipment products increased by 10 percent in value and by 7 percent in volume, compared with the same period last year. Within this product area, exports of lorries/trucks increased by 34 percent in value and by 19 percent in volume. Compared with the previous month, exports of lorries/trucks increased by 22 percent in value and by 19 percent in volume.
| Value index (2015=100) | Value (current prices) | Value (current prices) | Volume index (2015=100) | Volume (value in constant prices) | Volume (value in constant prices) | |
|---|---|---|---|---|---|---|
| Change in % | Change in % | Change in % | Change in % | |||
| Commodity group according to SITC | January 2024 | January 2024/January 2023 | January 2024/December 2023 | January 2024 | January 2024/January 2023 | January 2024/December 2023 |
| Total | 159 | ‑5 | ‑2 | 116 | ‑2 | ‑1 |
| Wood and paper products | 154 | ‑15 | 14 | 99 | ‑1 | 15 |
| Minerals | 180 | 1 | 17 | 111 | 12 | 21 |
| Chemicals, rubber products | 167 | ‑2 | 2 | 124 | 5 | 7 |
| Mineral fuels, electric current | 183 | ‑13 | ‑11 | 92 | ‑3 | ‑13 |
| Machinery, transport equipment | 158 | ‑4 | ‑6 | 127 | ‑4 | ‑5 |
| Other products | 144 | ‑6 | 3 | 103 | ‑5 | 3 |
Imports of wood and paper products decreased by 15 percent in value and by 1 percent volume compared with the same period last year. Compared with the previous month, imports of wood and paper products increased by 14 percent in value and by 15 percent in volume.
Imports of mineral fuels and electric current decreased by 13 percent in value and by 3 percent in volume compared with the same period last year. Within this product area imports of petroleum products decreased by 30 percent in value and by 25 percent in volume.
Within the product area, other products, imports of food/beverages/tobacco increased by 3 percent in value and by 2 percent in volume. Compared with the previous month, imports of food/beverages/tobacco increased by 1 percent in value while it decreased by 1 percent in volume.
In connection with this publication, a new table is published, Imports and exports of goods by commodity groups SITC, seasonally adjusted.
Definitions and explanations
The value index and the volume index describe nominal and real value trends over time. The real value trends describe trends in which price changes have been removed. The indices refer to chain indices with base year 2015=100.
The next item of statistical news in this series will be published on 2024-04-26.
Next publishing will be
2024-04-26.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.