World Economy

Sweden Trade Surplus at $12b

Sweden Trade Surplus at $12bSweden Trade Surplus at $12b

In June, Swedish exports of goods amounted to SEK 108.9 billion ($12.67 billion), while imports of goods amounted to SEK 100.5 billion. As a result, the net trade balance was SEK 8.4 billion, Dow Jones reported. Foreign trade in goods resulted in a net trade surplus of SEK 8.4 billion in June, according to preliminary calculations. In June 2014 the net trade surplus was SEK 4.2 billion. Compared with June 2014, exports increased by 14% in value, while imports increased by 10%. Trade with countries outside the EU resulted in a surplus of SEK 15.3 billion, while the EU trade resulted in a deficit of SEK 6.9 billion.