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Swedish Trade Surplus Shrinks In February

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

Sweden's foreign trade surplus decreased sharply in February from a year ago as exports fell faster than imports, figures from Statistics Sweden showed on Thursday.

The trade surplus dropped to SEK 1.8 billion in February from SEK 12.1 billion in the corresponding month last year. In January, the trade surplus was SEK 6.3 billion.

The value of exports declined 5.0 percent annually in February, and imports dropped only by 1.0 percent.

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