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Monday, October 28, 2024

Swedish trade surplus decreased in September: Official

On an annual basis, exports plunged 9 per cent over the year, and imports declined by 8 per cent.

• October 28, 2024
Swedish krona
Swedish krona [Credit; Financial Times]

Sweden’s foreign trade surplus decreased in September as exports fell faster than imports, figures from Statistics Sweden showed on Monday.

The trade surplus shrank to 0.8 billion kronor ($0.08 billion) in September from 2.3 billion kronor in the same month last year. In August, the trade balance posted a shortfall of 6.5 billion kronor.

On an annual basis, exports plunged 9 per cent over the year, and imports declined by 8 per cent.

The non-European Union trade balance showed a surplus of 24.9 billion kronor in September, while the trade balance with the EU revealed a deficit of 24.1 billion kronor.

On a seasonally adjusted basis, the trade surplus was 3.3 billion kronor in September, compared to 4.2 billion kronor in the previous month. 

(dpa/NAN) 

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