Exports, imports and net trade balance, October 2017, in current prices:
Net trade balance at SEK -3,1 billion in October
Statistical news from Statistics Sweden 2017-11-28 9.30
In October 2017, Swedish exports of goods amounted to SEK 114.3 billion, while imports of goods amounted to SEK 117.4 billion. As a result, the net trade balance was SEK -3.1 billion.
Foreign trade in goods resulted in a net trade deficit of SEK 3.1 billion in October 2017, according to preliminary calculations. In October 2016, there was a net trade deficit of SEK 3.5 billion.
The value of exports in October 2017 amounted to SEK 114.3 billion, while imports were valued at SEK 117.4 billion. Compared with October 2016, both exports and imports increased by 10 percent in value.
Trade with countries outside the EU resulted in a surplus of SEK 14.3 billion, while EU trade resulted in a deficit of SEK 17.4 billion.
The number of weekdays in October 2017 was one more than in October 2016.
Seasonally adjusted, the net trade deficit amounted to SEK 0.7 billion in October 2017, compared with a deficit of SEK 0.6 billion in September 2017. The corresponding figure for August 2017 was a deficit of SEK 0.6 billion.
Net trade (Jan–Oct 2017) showed a deficit of SEK 4.3 billion
In this period, the value of exports has increased by 11 percent compared with the corresponding period one year ago, while the value of imports increased by 10 percent. Exports amounted to SEK 1074.0 billion and imports were valued at SEK 1078.3 billion, resulting in a deficit net trade balance of SEK 4.3 billion for January–October 2017. The corresponding figure for these months one year earlier was a net trade deficit of SEK 11.2 billion.
Month | Total | EU Member States | Non EU Member States | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2015 | 2016 | 2017 | 2015 | 2016 | 2017 | 2015 | 2016 | 2017 | |||
Exports
|
Jan
|
89.8 | 87.1 | 103.2 | 54.3 | 53.0 | 63.1 | 35.5 | 34.1 | 40.1 | |
|
Febr
|
93.5 | 94.6 | 100.6 | 55.1 | 56.5 | 59.1 | 38.4 | 38.1 | 41.5 | |
|
March
|
107.1 | 103.7 | 119.1 | 63.2 | 61.7 | 69.5 | 43.9 | 42.0 | 49.6 | |
|
April
|
99.5 | 99.5 | 99.6 | 56.4 | 58.3 | 59.4 | 43.1 | 41.2 | 40.2 | |
|
May
|
95.9 | 96.2 | 115.3 | 56.0 | 56.8 | 68.0 | 39.9 | 39.4 | 47.3 | |
|
June
|
109.5 | 103.3 | 115.4 | 63.7 | 60.5 | 67.5 | 45.8 | 42.8 | 47.9 | |
|
July
|
88.7 | 86.0 | 93.8 | 50.3 | 50.7 | 53.6 | 38.4 | 35.3 | 40.2 | |
|
Aug
|
88.9 | 88.4 | 99.3 | 53.6 | 53.2 | 59.4 | 35.3 | 35.2 | 39.9 | |
|
Sept
|
105.4 | 108.1 | 113.4 | 60.3 | 63.8 | 67.3 | 45.1 | 44.3 | 46.1 | |
|
Oct
|
103.7 | 103.7 | 114.3 | 61.7 | 62.6 | 67.8 | 42.0 | 41.1 | 46.5 | |
|
Nov
|
100.3 | 113.0 | 60.4 | 66.1 | 39.9 | 46.9 | ||||
|
Dec
|
98.3 | 109.1 | 55.4 | 62.1 | 42.9 | 47.0 | ||||
|
Total
|
1 180.6 | 1 192.7 | 1 074.0 | 690.4 | 705.3 | 634.7 | 490.2 | 487.4 | 439.3 | |
Imports
|
Jan
|
87.7 | 86.4 | 102.1 | 61.7 | 61.1 | 71.5 | 26.0 | 25.3 | 30.6 | |
|
Febr
|
90.9 | 94.9 | 101.7 | 63.3 | 70.0 | 73.5 | 27.6 | 24.9 | 28.2 | |
|
March
|
104.0 | 102.1 | 119.3 | 72.0 | 72.8 | 85.7 | 32.0 | 29.3 | 33.6 | |
|
April
|
96.3 | 97.3 | 102.6 | 68.1 | 72.2 | 73.8 | 28.2 | 25.1 | 28.8 | |
|
May
|
94.0 | 100.2 | 114.0 | 64.8 | 72.0 | 81.8 | 29.2 | 28.2 | 32.2 | |
|
June
|
103.3 | 103.6 | 110.0 | 73.0 | 74.1 | 79.4 | 30.3 | 29.5 | 30.6 | |
|
July
|
88.5 | 85.8 | 95.6 | 60.2 | 59.5 | 65.1 | 28.3 | 26.3 | 30.5 | |
|
Aug
|
92.2 | 98.9 | 105.4 | 63.4 | 67.9 | 72.9 | 28.8 | 31.0 | 32.5 | |
|
Sept
|
103.3 | 105.4 | 110.2 | 74.4 | 76.3 | 79.6 | 28.9 | 29.1 | 30.6 | |
|
Oct
|
106.8 | 107.2 | 117.4 | 76.9 | 78.3 | 85.2 | 29.9 | 28.9 | 32.2 | |
|
Nov
|
105.5 | 115.1 | 77.3 | 82.7 | 28.2 | 32.4 | ||||
|
Dec
|
94.3 | 110.5 | 67.7 | 78.4 | 26.6 | 32.1 | ||||
|
Total
|
1 166.8 | 1 207.4 | 1 078.3 | 822.8 | 865.3 | 768.5 | 344.0 | 342.1 | 309.8 | |
Net Trade of Goods
|
Jan
|
2.1 | 0.7 | 1.1 | ‑7.4 | ‑8.1 | ‑8.4 | 9.5 | 8.8 | 9.5 | |
|
Febr
|
2.6 | ‑0.3 | ‑1.1 | ‑8.2 | ‑13.5 | ‑14.4 | 10.8 | 13.2 | 13.3 | |
|
March
|
3.1 | 1.6 | ‑0.2 | ‑8.8 | ‑11.1 | ‑16.2 | 11.9 | 12.7 | 16.0 | |
|
April
|
3.2 | 2.2 | ‑3.0 | ‑11.7 | ‑13.9 | ‑14.4 | 14.9 | 16.1 | 11.4 | |
|
May
|
1.9 | ‑4.0 | 1.3 | ‑8.8 | ‑15.2 | ‑13.8 | 10.7 | 11.2 | 15.1 | |
|
June
|
6.2 | ‑0.3 | 5.4 | ‑9.3 | ‑13.6 | ‑11.9 | 15.5 | 13.3 | 17.3 | |
|
July
|
0.2 | 0.2 | ‑1.8 | ‑9.9 | ‑8.8 | ‑11.5 | 10.1 | 9.0 | 9.7 | |
|
Aug
|
‑3.3 | ‑10.5 | ‑6.1 | ‑9.8 | ‑14.7 | ‑13.5 | 6.5 | 4.2 | 7.4 | |
|
Sept
|
2.1 | 2.7 | 3.2 | ‑14.1 | ‑12.5 | ‑12.3 | 16.2 | 15.2 | 15.5 | |
|
Oct
|
‑3.1 | ‑3.5 | ‑3.1 | ‑15.2 | ‑15.7 | ‑17.4 | 12.1 | 12.2 | 14.3 | |
|
Nov
|
‑5.2 | ‑2.1 | ‑16.9 | ‑16.6 | 11.7 | 14.5 | ||||
|
Dec
|
4.0 | ‑1.4 | ‑12.3 | ‑16.3 | 16.3 | 14.9 | ||||
|
Total
|
13.8 | ‑14.7 | ‑4.3 | ‑132.4 | ‑160.0 | ‑133.8 | 146.2 | 145.3 | 129.5 |
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
2017-12-28 at 09:30.
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.