Exports, imports and net trade balance, August 2019, in current prices
Net trade balance at SEK -5.4 billion in August
Statistical news from Statistics Sweden 2019-09-26 9.30
In August 2019, Swedish exports of goods amounted to SEK 113.5 billion, while imports of goods amounted to SEK 118.9 billion. As a result, the net trade balance was SEK -5.4 billion.
Foreign trade in goods resulted in a net trade deficit of SEK 5.4 billion in August 2019, according to preliminary calculations. In August 2018, there was a net trade deficit of SEK 8.0 billion.
The value of exports in August was SEK 113.5 billion, while imports were valued at SEK 118.9 billion. Compared with August 2018, exports increased by 1 percent in value, while imports decreased by 2 percent in value.
Trade in goods with countries outside the EU resulted in a surplus of SEK 6.6 billion, while EU trade resulted in a deficit of SEK 12.0 billion.
The number of weekdays in August 2019 was one less compared with August 2018.
Seasonally adjusted, the net trade shows a surplus of SEK 3.6 billion in August, compared with a surplus of SEK 4.6 billion in July. The corresponding figure for June was a surplus of SEK 5.4 billion.
Net trade (Jan – Aug 2019) surplus of SEK 27.0 billion
In this period, the value of exports of goods increased by 8 percent, while the value of imports of goods increased by 2 percent compared with the corresponding period one year ago. Exports were valued at SEK 1008.1 billion and imports were valued at SEK 981.1 billion, resulting in a net trade surplus of SEK 27.0 billion for January – August 2019. The corresponding net trade balance for these months one year earlier was a deficit of SEK 26.2 billion.
Month | Total | EU Member States | Non EU Member States | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2017 | 2018 | 2019 | 2017 | 2018 | 2019 | 2017 | 2018 | 2019 | |||
Exports | Jan | 103.1 | 115.2 | 126.4 | 63.0 | 67.6 | 74.6 | 40.1 | 47.6 | 51.8 | |
Febr | 100.5 | 108.3 | 122.6 | 59.0 | 65.8 | 72.8 | 41.5 | 42.5 | 49.8 | ||
March | 119.1 | 122.3 | 133.4 | 69.5 | 73.2 | 79.7 | 49.6 | 49.1 | 53.7 | ||
April | 98.9 | 116.8 | 129.1 | 58.6 | 68.5 | 75.4 | 40.3 | 48.3 | 53.7 | ||
May | 115.2 | 124.4 | 137.3 | 67.9 | 75.2 | 79.4 | 47.3 | 49.2 | 57.9 | ||
June | 115.4 | 126.1 | 122.6 | 67.5 | 73.3 | 71.8 | 47.9 | 52.8 | 50.8 | ||
July | 93.6 | 108.5 | 123.2 | 53.4 | 64.4 | 68.6 | 40.2 | 44.1 | 54.6 | ||
Aug | 99.0 | 112.8 | 113.5 | 59.2 | 69.0 | 67.9 | 39.8 | 43.8 | 45.6 | ||
Sept | 112.7 | 123.3 | 66.6 | 74.9 | 46.1 | 48.4 | |||||
Oct | 116.5 | 136.0 | 70.0 | 80.8 | 46.5 | 55.2 | |||||
Nov | 121.7 | 137.6 | 72.5 | 81.5 | 49.2 | 56.1 | |||||
Dec | 109.1 | 110.3 | 63.9 | 63.5 | 45.2 | 46.8 | |||||
Total | 1 304.8 | 1 441.6 | 1 008.1 | 771.1 | 857.7 | 590.2 | 533.7 | 583.9 | 417.9 | ||
Imports | Jan | 102.3 | 118.5 | 124.4 | 71.6 | 83.4 | 87.0 | 30.7 | 35.1 | 37.4 | |
Febr | 101.9 | 110.7 | 116.9 | 73.6 | 81.0 | 84.3 | 28.3 | 29.7 | 32.6 | ||
March | 119.6 | 120.7 | 127.4 | 86.1 | 87.5 | 90.2 | 33.5 | 33.2 | 37.2 | ||
April | 102.8 | 123.8 | 127.8 | 73.9 | 87.6 | 89.2 | 28.9 | 36.2 | 38.6 | ||
May | 114.1 | 130.8 | 129.9 | 81.7 | 93.5 | 92.7 | 32.4 | 37.3 | 37.2 | ||
June | 109.9 | 125.6 | 120.0 | 79.4 | 88.3 | 83.9 | 30.5 | 37.3 | 36.1 | ||
July | 95.6 | 109.7 | 115.8 | 65.1 | 73.3 | 77.3 | 30.5 | 36.4 | 38.5 | ||
Aug | 106.1 | 120.8 | 118.9 | 73.3 | 80.5 | 79.9 | 32.8 | 40.3 | 39.0 | ||
Sept | 110.3 | 120.9 | 79.5 | 84.8 | 30.8 | 36.1 | |||||
Oct | 118.0 | 144.5 | 85.8 | 99.2 | 32.2 | 45.3 | |||||
Nov | 121.8 | 135.0 | 88.7 | 97.3 | 33.1 | 37.7 | |||||
Dec | 113.1 | 117.6 | 82.2 | 81.6 | 30.9 | 36.0 | |||||
Total | 1 315.5 | 1 478.6 | 981.1 | 940.9 | 1 038.0 | 684.5 | 374.6 | 440.6 | 296.6 | ||
Net Trade of Goods | Jan | 0.8 | ‑3.3 | 2.0 | ‑8.6 | ‑15.8 | ‑12.4 | 9.4 | 12.5 | 14.4 | |
Febr | ‑1.4 | ‑2.4 | 5.7 | ‑14.6 | ‑15.2 | ‑11.5 | 13.2 | 12.8 | 17.2 | ||
March | ‑0.5 | 1.6 | 6.0 | ‑16.6 | ‑14.3 | ‑10.5 | 16.1 | 15.9 | 16.5 | ||
April | ‑3.9 | ‑7.0 | 1.3 | ‑15.3 | ‑19.1 | ‑13.8 | 11.4 | 12.1 | 15.1 | ||
May | 1.1 | ‑6.4 | 7.4 | ‑13.8 | ‑18.3 | ‑13.3 | 14.9 | 11.9 | 20.7 | ||
June | 5.5 | 0.5 | 2.6 | ‑11.9 | ‑15.0 | ‑12.1 | 17.4 | 15.5 | 14.7 | ||
July | ‑2.0 | ‑1.2 | 7.4 | ‑11.7 | ‑8.9 | ‑8.7 | 9.7 | 7.7 | 16.1 | ||
Aug | ‑7.1 | ‑8.0 | ‑5.4 | ‑14.1 | ‑11.5 | ‑12.0 | 7.0 | 3.5 | 6.6 | ||
Sept | 2.4 | 2.4 | ‑12.9 | ‑9.9 | 15.3 | 12.3 | |||||
Oct | ‑1.5 | ‑8.5 | ‑15.8 | ‑18.4 | 14.3 | 9.9 | |||||
Nov | ‑0.1 | 2.6 | ‑16.2 | ‑15.8 | 16.1 | 18.4 | |||||
Dec | ‑4.0 | ‑7.3 | ‑18.3 | ‑18.1 | 14.3 | 10.8 | |||||
Total | ‑10.7 | ‑37.0 | 27.0 | ‑169.8 | ‑180.3 | ‑94.3 | 159.1 | 143.3 | 121.3 |
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
2019-10-28 at 09:30.
Statistical Database
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