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Sweden Trade Balance Swings To Surplus In September

Sweden's trade balance logged a surplus in September, Statistics Sweden reported Friday.

The trade surplus totaled SEK 1.4 billion compared to a shortfall of SEK 7.7 billion in August. In the same period last year, the surplus was SEK 2.4 billion.

On a yearly basis, exports advanced 9 percent and imports increased 10 percent in September.

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.

Seasonally adjusted, trade balance showed a shortfall of SEK 0.9 billion in September, compared with a deficit of SEK 1.3 billion in August.

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