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Sweden's Trade Surplus Declines In February

Sweden's trade surplus declined to SEK 5.9 billion in February from SEK 10.2 billion in the same period of last year, Statistics Sweden said Tuesday.

On a seasonally adjusted basis, the surplus decreased to SEK 4.3 billion from SEK 5 billion in January.

The value of exports totaled SEK 98.8 billion, unchanged from a year ago. Meanwhile, imports rose 5 percent to SEK 92.9 billion.

Trade with countries outside the EU resulted in a surplus of SEK 13.2 billion, while the EU trade resulted in a deficit of SEK 7.3 billion.

by RTTNews Staff Writer

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