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Sweden Trade Balance Turns To Surplus In September

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sweden's foreign trade balance swung to a surplus in September from a deficit in the previous year as exports rose amid a fall in imports, figures from Statistics Sweden showed on Tuesday.

The trade balance showed a surplus of SEK 5.4 billion in September versus a shortfall of SEK 0.2 billion in the corresponding month last year.

In August, the trade balance posted a deficit of SEK 8.1 billion.

On an annual basis, exports climbed 2.0 percent over the year, while imports declined by 1.0 percent.

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