Exports, imports and net trade balance, July 2022, in current prices
Net trade balance at SEK -2.1 billion in July
Statistical news from Statistics Sweden 2022-08-29 8.00
In July 2022, Swedish exports of goods amounted to SEK 153.2 billion, while imports of goods amounted to SEK 155.3 billion. As a result, the net trade balance was SEK -2.1 billion.
Foreign trade in goods resulted in a net trade deficit of SEK 2.1 billion in July 2022, according to preliminary calculations. In July 2021, there was a net trade surplus of SEK 7.0 billion.
The value of exports in July 2022 was SEK 153.2 billion, while imports were valued at SEK 155.3 billion. The corresponding values for July 2021 were SEK 127.0 billion for exports and SEK 120.0 billion for imports. Exports of goods have thus increased by 21 percent in value, and imports have increased by 29 percent in value compared with July 2021. The number of weekdays in July 2022 was one day less compared with July 2021.
Trade in goods with countries outside the EU resulted in a surplus of SEK 8.0 billion, while EU trade resulted in a deficit of SEK 10.1 billion. As from February 2020, the United Kingdom no longer forms part of the group EU Member States and is included, instead, in the group Non-EU Member States.
| Month | Total | EU Member States[*] | Non EU Member States | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||
| Exports | Jan | 131.3 | 114.2 | 141.4 | 75.8 | 63.3 | 78.9 | 55.5 | 50.9 | 62.5 | |
| Febr | 127.7 | 123.5 | 151.2 | 66.9 | 66.0 | 81.6 | 60.8 | 57.5 | 69.6 | ||
| March | 131.1 | 144.2 | 183.3 | 66.9 | 78.0 | 99.1 | 64.2 | 66.2 | 84.2 | ||
| April | 106.3 | 131.8 | 155.9 | 52.2 | 69.9 | 84.5 | 54.1 | 61.9 | 71.4 | ||
| May | 102.3 | 133.7 | 171.6 | 53.0 | 70.6 | 92.4 | 49.3 | 63.1 | 79.2 | ||
| June | 119.6 | 144.3 | 181.8 | 60.9 | 76.1 | 98.8 | 58.7 | 68.2 | 83.0 | ||
| July | 103.8 | 127.0 | 153.2 | 52.0 | 66.7 | 79.8 | 51.8 | 60.3 | 73.4 | ||
| Aug | 103.8 | 115.4 | 57.3 | 64.0 | 46.5 | 51.4 | |||||
| Sept | 124.7 | 147.1 | 66.9 | 79.5 | 57.8 | 67.6 | |||||
| Oct | 128.6 | 145.8 | 67.2 | 79.7 | 61.4 | 66.1 | |||||
| Nov | 128.2 | 153.5 | 68.7 | 83.8 | 59.5 | 69.7 | |||||
| Dec | 119.7 | 147.6 | 63.1 | 78.1 | 56.6 | 69.5 | |||||
| Total | 1 427.1 | 1 628.1 | 1 138.4 | 751.0 | 875.7 | 615.1 | 676.1 | 752.4 | 523.3 | ||
| Imports | Jan | 120.3 | 110.0 | 142.6 | 84.3 | 75.3 | 89.4 | 36.0 | 34.7 | 53.2 | |
| Febr | 114.8 | 118.1 | 150.1 | 76.7 | 80.9 | 97.5 | 38.1 | 37.2 | 52.6 | ||
| March | 125.6 | 141.2 | 179.3 | 85.2 | 96.5 | 115.3 | 40.4 | 44.7 | 64.0 | ||
| April | 101.0 | 130.2 | 159.5 | 66.2 | 88.6 | 99.8 | 34.8 | 41.6 | 59.7 | ||
| May | 101.5 | 130.2 | 177.0 | 67.8 | 87.0 | 111.7 | 33.7 | 43.2 | 65.3 | ||
| June | 115.1 | 135.5 | 179.1 | 78.1 | 91.3 | 116.2 | 37.0 | 44.2 | 62.9 | ||
| July | 100.6 | 120.0 | 155.3 | 66.5 | 79.6 | 89.9 | 34.1 | 40.4 | 65.4 | ||
| Aug | 105.8 | 126.5 | 71.3 | 81.4 | 34.5 | 45.1 | |||||
| Sept | 121.9 | 141.1 | 83.4 | 91.4 | 38.5 | 49.7 | |||||
| Oct | 124.6 | 145.7 | 86.3 | 94.8 | 38.3 | 50.9 | |||||
| Nov | 126.8 | 153.7 | 88.1 | 101.4 | 38.7 | 52.3 | |||||
| Dec | 118.5 | 152.6 | 81.6 | 100.5 | 36.9 | 52.1 | |||||
| Total | 1 376.5 | 1 604.8 | 1 142.9 | 935.7 | 1 068.7 | 719.8 | 440.8 | 536.1 | 423.1 | ||
| Net Trade of Goods | Jan | 11.0 | 4.2 | ‑1.2 | ‑8.5 | ‑12.0 | ‑10.5 | 19.5 | 16.2 | 9.3 | |
| Febr | 12.9 | 5.4 | 1.1 | ‑9.8 | ‑14.9 | ‑15.9 | 22.7 | 20.3 | 17.0 | ||
| March | 5.5 | 3.0 | 4.0 | ‑18.3 | ‑18.5 | ‑16.2 | 23.8 | 21.5 | 20.2 | ||
| April | 5.3 | 1.6 | ‑3.6 | ‑14.0 | ‑18.7 | ‑15.3 | 19.3 | 20.3 | 11.7 | ||
| May | 0.8 | 3.5 | ‑5.4 | ‑14.8 | ‑16.4 | ‑19.3 | 15.6 | 19.9 | 13.9 | ||
| June | 4.5 | 8.8 | 2.7 | ‑17.2 | ‑15.2 | ‑17.4 | 21.7 | 24.0 | 20.1 | ||
| July | 3.2 | 7.0 | ‑2.1 | ‑14.5 | ‑12.9 | ‑10.1 | 17.7 | 19.9 | 8.0 | ||
| Aug | ‑2.0 | ‑11.1 | ‑14.0 | ‑17.4 | 12.0 | 6.3 | |||||
| Sept | 2.8 | 6.0 | ‑16.5 | ‑11.9 | 19.3 | 17.9 | |||||
| Oct | 4.0 | 0.1 | ‑19.1 | ‑15.1 | 23.1 | 15.2 | |||||
| Nov | 1.4 | ‑0.2 | ‑19.5 | ‑17.6 | 20.9 | 17.4 | |||||
| Dec | 1.2 | ‑5.0 | ‑18.5 | ‑22.4 | 19.7 | 17.4 | |||||
| Total | 50.6 | 23.3 | ‑4.5 | ‑184.7 | ‑193.0 | ‑104.7 | 235.3 | 216.3 | 100.2 | ||
Seasonally adjusted, net trade showed a deficit of SEK 4.9 billion in July, compared with a deficit of SEK 4.8 billion in June. The corresponding figure for May was a deficit of SEK 4.5 billion.
Net trade (January – July 2022) showed a deficit of SEK 4.5 billion SEK
During the last seven months, the value of exports of goods increased by 24 percent, and the value of imports of goods increased by 29 percent compared with the corresponding period one year ago. Exports were valued at SEK 1 138.4 billion and imports were valued at SEK 1 142.9 billion, resulting in a net trade deficit of SEK 4.5 billion for January - July 2022. The corresponding net trade balance for these months one year earlier was a surplus of SEK 33.5 billion.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.