To main content

Exports, imports and net trade balance, June 2024, in current prices

Net trade balance at SEK 8.7 billion in June

Statistical news from Statistics Sweden 2024-07-26 8.00

In June 2024, Swedish exports of goods amounted to SEK 170.6 billion, while imports of goods amounted to SEK 161.9 billion. As a result, the net trade balance was SEK 8.7 billion.

Foreign trade in goods resulted in a net trade surplus of SEK 8.7 billion in June 2024, according to preliminary calculations. In June 2023, there was a net trade surplus of SEK 3.6 billion.

The value of exports in June 2024 was SEK 170.6 billion, while imports were valued at SEK 161.9 billion. The corresponding values ​​for June 2023 were SEK 178.6 billion for exports and SEK 175.0 billion for imports. Exports of goods have thus decreased by 4 percent in value and imports decreased by 7 percent compared with June 2023. The number of weekdays in June 2024 were two less compared with June 2023.

Trade in goods with countries outside the EU resulted in a surplus of SEK 29.7 billion, while EU trade resulted in a deficit of SEK 21.0 billion.

Exports, imports and net trade in goods 2021–2024 (SEK billion). Revised figures in bold type
  Month Total EU Member States Non EU Member States
    2022 2023 2024 2022 2023 2024 2022 2023 2024
Exports Jan 141.2 173.0 168.2 78.7 98.0 95.6 62.5 75.0 72.6
  Febr 150.9 171.1 171.7 81.7 96.6 95.6 69.2 74.5 76.1
  March 183.8 197.4 176.7 99.1 109.0 98.3 84.7 88.4 78.4
  April 155.7 163.1 181.6 84.3 90.5 97.3 71.4 72.6 84.3
  May 172.0 179.5 187.2 92.6 97.8 97.2 79.4 81.7 90.0
  June 181.5 178.6 170.6 99.0 100.4 90.5 82.5 78.2 80.1
  July 152.7 147.3   79.1 78.7   73.6 68.6  
  Aug 149.6 158.4   84.4 89.3   65.2 69.1  
  Sept 180.0 185.4   98.7 101.9   81.3 83.5  
  Oct 176.6 194.6   94.6 103.8   82.0 90.8  
  Nov 183.0 190.1   98.6 105.4   84.4 84.7  
  Dec 170.9 160.2   88.3 85.3   82.6 74.9  
  Total 1 997.9 2 098.7 1 056.0 1 079.1 1 156.7 574.5 918.8 942.0 481.5
Imports Jan 143.4 163.9 155.7 89.9 105.9 103.3 53.5 58.0 52.4
  Febr 151.0 163.2 161.1 98.1 110.7 109.3 52.9 52.5 51.8
  March 181.2 186.8 171.7 116.2 125.9 116.0 65.0 60.9 55.7
  April 161.5 165.2 175.0 100.4 110.9 115.6 61.1 54.3 59.4
  May 178.5 178.6 176.8 112.8 121.0 116.7 65.7 57.6 60.1
  June 180.8 175.0 161.9 117.2 120.5 111.5 63.6 54.5 50.4
  July 157.0 141.4   91.4 96.3   65.6 45.1  
  Aug 167.8 166.2   102.2 108.9   65.6 57.3  
  Sept 180.9 182.9   119.1 124.7   61.8 58.2  
  Oct 188.1 187.0   121.4 125.6   66.7 61.4  
  Nov 189.1 179.8   119.4 123.9   69.7 55.9  
  Dec 174.0 158.5   114.0 106.5   60.0 52.0  
  Total 2 053.3 2 048.5 1 002.2 1 302.1 1 380.8 672.4 751.2 667.7 329.8
Net Trade of Goods Jan ‑2.2 9.1 12.5 ‑11.2 ‑7.9 ‑7.7 9.0 17.0 20.2
  Febr ‑0.1 7.9 10.6 ‑16.4 ‑14.1 ‑13.7 16.3 22.0 24.3
  March 2.6 10.6 5.0 ‑17.1 ‑16.9 ‑17.7 19.7 27.5 22.7
  April ‑5.8 ‑2.1 6.6 ‑16.1 ‑20.4 ‑18.3 10.3 18.3 24.9
  May ‑6.5 0.9 10.4 ‑20.2 ‑23.2 ‑19.5 13.7 24.1 29.9
  June 0.7 3.6 8.7 ‑18.2 ‑20.1 ‑21.0 18.9 23.7 29.7
  July ‑4.3 5.9   ‑12.3 ‑17.6   8.0 23.5  
  Aug ‑18.2 ‑7.8   ‑17.8 ‑19.6   ‑0.4 11.8  
  Sept ‑0.9 2.5   ‑20.4 ‑22.8   19.5 25.3  
  Oct ‑11.5 7.6   ‑26.8 ‑21.8   15.3 29.4  
  Nov ‑6.1 10.3   ‑20.8 ‑18.5   14.7 28.8  
  Dec ‑3.1 1.7   ‑25.7 ‑21.2   22.6 22.9  
  Total ‑55.4 50.2 53.8 ‑223.0 ‑224.1 ‑97.9 167.6 274.3 151.7

Seasonally adjusted, net trade showed a surplus of SEK 7.9 billion in June, compared with a surplus of SEK 6.9 billion in May. The corresponding figure for April was a surplus of SEK 5.8 billion.

Net trade (January – June 2024) showed a surplus of SEK 53.8 billion

During the last six months, the value of exports of goods decreased by 1 percent and the value of imports of goods decreased by 3 percent compared with the corresponding period a year ago. Exports were valued at SEK 1056.0 billion and imports were valued at SEK 1002.2 billion, resulting in a net trade surplus of SEK 53.8 billion for January - June 2024. The corresponding net trade balance for these months one year earlier was a surplus of SEK 30.0 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.

Statistical agency

Statistics Sweden

Enquiries

Marie George

Telephone
+46 10 479 50 01
E-mail
marie.george@scb.se

Rodas Dawit

Telephone
+46 10 479 41 20
E-mail
rodas.dawit@scb.se