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Exports, imports and net trade balance, September 2018, in current prices:

Net trade balance at SEK 1.4 billion in September

Statistical news from Statistics Sweden 2018-10-26 9.30

In September 2018, Swedish exports of goods amounted to SEK 122.3 billion, while imports of goods amounted to SEK 120.9 billion. As a result, the net trade balance was SEK 1.4 billion.

Foreign trade in goods resulted in a net trade surplus of SEK 1.4 billion in September 2018, according to preliminary calculations. In September 2017, there was a net trade surplus of SEK 2.4 billion.

The value of exports in September was SEK 122.3 billion, while imports were valued at SEK 120.9 billion. Compared with September 2017, exports increased by 9 percent in value, while imports increased by 10 percent in value.

Trade in goods with countries outside the EU resulted in a surplus of SEK 12.2 billion, while EU trade resulted in a deficit of SEK 10.8 billion.

The number of weekdays in September 2018 was one less compared with September 2017.

Seasonally adjusted, the net trade deficit amounted to SEK 0.9 billion in September, compared with a deficit of SEK 1.3 billion in August. The corresponding figure for July was a deficit of SEK 2.0 billion.

Net trade (Jan – Sep 2018) showed a deficit of SEK 23.4 billion

In this period, the value of exports of goods increased by 10 percent, while the value of imports of goods increased by 12 percent compared with the corresponding period last year. Exports were valued at SEK 1056.4 billion and imports were valued at SEK 1079.8 billion, resulting in a net trade deficit of SEK 23.4 billion for January – September 2018. The corresponding net trade balance for these months last year was a deficit of SEK 5.1 billion.

Exports, imports and net trade in goods 2016–2018 (SEK billion). Revised figures in bold type
 

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
103.3 115.4 125.9 60.5 67.5 73.2 42.8 47.9 52.7
 
July
86.0 93.6 108.5 50.7 53.4 64.4 35.3 40.2 44.1
 
Aug
88.4 99.0 112.9 53.2 59.2 69.1 35.2 39.8 43.8
 
Sept
108.1 112.7 122.3 63.8 66.6 73.9 44.3 46.1 48.4
 
Oct
103.7 116.5   62.6 70.0   41.1 46.5  
 
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 1 056.4 705.3 771.1 630.8 487.4 533.7 425.6
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
103.6 109.9 125.5 74.1 79.4 88.3 29.5 30.5 37.2
 
July
85.8 95.6 109.7 59.5 65.1 73.2 26.3 30.5 36.5
 
Aug
98.9 106.1 120.6 67.9 73.3 80.4 31.0 32.8 40.2
 
Sept
105.4 110.3 120.9 76.3 79.5 84.7 29.1 30.8 36.2
 
Oct
107.2 118.0   78.3 85.8   28.9 32.2  
 
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 1 079.8 865.3 940.9 759.2 342.1 374.6 320.6
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 0.4 ‑13.6 ‑11.9 ‑15.1 13.3 17.4 15.5
 
July
0.2 ‑2.0 ‑1.2 ‑8.8 ‑11.7 ‑8.8 9.0 9.7 7.6
 
Aug
‑10.5 ‑7.1 ‑7.7 ‑14.7 ‑14.1 ‑11.3 4.2 7.0 3.6
 
Sept
2.7 2.4 1.4 ‑12.5 ‑12.9 ‑10.8 15.2 15.3 12.2
 
Oct
‑3.5 ‑1.5   ‑15.7 ‑15.8   12.2 14.3  
 
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 ‑23.4 ‑160.0 ‑169.8 ‑128.4 145.3 159.1 105.0

SEK millions, current prices. Trend
Exports, imports and net trade balance, September 2018, in current prices

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

2018-11-27 at 09:30.

Statistical Database

More information is available in the Statistical Database

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Statistics Sweden, Foreign trade and balance of payments

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