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Exports, imports and net trade balance, September 2021, in current prices

Net trade balance at SEK 6.3 billion in September

Statistical news from Statistics Sweden 2021-10-27 9.30

In September 2021, Swedish exports of goods amounted to SEK 146.2 billion, while imports of goods amounted to SEK 139.9 billion. As a result, the net trade balance was SEK 6.3 billion.

Foreign trade in goods resulted in a net trade deficit of SEK 6.3 billion in September 2021, according to preliminary calculations. In September 2020, there was a net trade deficit of SEK 2.8 billion.
The value of exports in September 2021 was SEK 146.2 billion, while imports were valued at SEK 139.9 billion. The corresponding values in September 2020 were SEK 124.7 billion for exports and SEK 121.9 billion for imports. Exports of goods have thus increased by 17 percent in value and imports have increased by 15 percent in value compared with September 2020. The number of weekdays in September 2021 was the same as in September 2020.

Trade in goods with countries outside the EU resulted in a surplus of SEK 18.3 billion, while EU trade resulted in a deficit of SEK 12.0 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.

Exports, imports and net trade of goods. SEK millions, current prices. Trend
Exports, imports and net trade balance, September 2021, in current prices

Seasonally adjusted, net trade showed a surplus of SEK 4.4 billion in September, compared with a surplus of SEK 4.4 billion in August. The corresponding figure for July was a surplus of SEK 4.2 billion.

Net trade (January - September 2021) showed a surplus of SEK 30.3 billion

During this period, the value of exports of goods increased by 12 percent and the value of imports of goods increased by 14 percent compared with the corresponding period a year ago. Exports were valued at SEK 1 180.3 billion and imports were valued at SEK 1 150.0 billion, resulting in a net trade surplus of SEK 30.3 billion for January - September 2021. The corresponding net trade balance for these months one year earlier was a surplus of SEK 44.0 billion.

Exports, imports and net trade in goods 2019–2021 (SEK billion). Revised figures in bold type
  Month Total EU Member States[*] Non EU Member States
    2019 2020 2021 2019 2020 2021 2019 2020 2021
Exports Jan 125.7 131.3 114.2 74.0 75.8 63.3 51.7 55.5 50.9
  Febr 122.0 127.7 123.6 72.2 66.9 66.1 49.8 60.8 57.5
  March 133.1 131.1 143.8 79.2 66.9 77.9 53.9 64.2 65.9
  April 128.4 106.3 131.7 74.6 52.2 69.8 53.8 54.1 61.9
  May 136.5 102.3 133.8 78.8 53.0 70.7 57.7 49.3 63.1
  June 122.5 119.6 144.2 71.4 60.9 75.9 51.1 58.7 68.3
  July 123.0 103.8 127.1 68.2 52.0 66.6 54.8 51.8 60.5
  Aug 113.6 103.8 115.7 68.2 57.3 64.3 45.4 46.5 51.4
  Sept 128.2 124.7 146.2 74.1 66.9 78.8 54.1 57.8 67.4
  Oct 137.0 128.6   78.6 67.2   58.4 61.4  
  Nov 131.5 128.2   73.7 68.7   57.8 59.5  
  Dec 116.9 119.7   65.6 63.1   51.3 56.6  
  Total 1 518.4 1 427.1 1 180.3 878.6 751.0 633.4 639.8 676.1 546.9
Imports Jan 124.8 120.3 109.6 86.8 84.3 75.2 38.0 36.0 34.4
  Febr 117.6 114.8 117.9 84.5 76.7 80.9 33.1 38.1 37.0
  March 128.3 125.6 141.1 90.6 85.2 96.5 37.7 40.4 44.6
  April 128.8 101.0 129.9 89.7 66.2 88.6 39.1 34.8 41.3
  May 131.0 101.5 130.2 93.2 67.8 87.2 37.8 33.7 43.0
  June 120.9 115.1 134.9 84.5 78.1 91.0 36.4 37.0 43.9
  July 116.5 100.6 120.3 77.9 66.5 80.1 38.6 34.1 40.2
  Aug 119.2 105.8 126.2 80.5 71.3 81.3 38.7 34.5 44.9
  Sept 127.1 121.9 139.9 91.5 83.4 90.8 35.6 38.5 49.1
  Oct 140.9 124.6   98.3 86.3   42.6 38.3  
  Nov 128.9 126.8   92.8 88.1   36.1 38.7  
  Dec 119.8 118.5   83.5 81.6   36.3 36.9  
  Total 1 503.8 1 376.5 1 150.0 1 053.8 935.7 771.6 450.0 440.8 378.4
Net Trade of Goods Jan 0.9 11.0 4.6 ‑12.8 ‑8.5 ‑11.9 13.7 19.5 16.5
  Febr 4.4 12.9 5.7 ‑12.3 ‑9.8 ‑14.8 16.7 22.7 20.5
  March 4.8 5.5 2.7 ‑11.4 ‑18.3 ‑18.6 16.2 23.8 21.3
  April ‑0.4 5.3 1.8 ‑15.1 ‑14.0 ‑18.8 14.7 19.3 20.6
  May 5.5 0.8 3.6 ‑14.4 ‑14.8 ‑16.5 19.9 15.6 20.1
  June 1.6 4.5 9.3 ‑13.1 ‑17.2 ‑15.1 14.7 21.7 24.4
  July 6.5 3.2 6.8 ‑9.7 ‑14.5 ‑13.5 16.2 17.7 20.3
  Aug ‑5.6 ‑2.0 ‑10.5 ‑12.3 ‑14.0 ‑17.0 6.7 12.0 6.5
  Sept 1.1 2.8 6.3 ‑17.4 ‑16.5 ‑12.0 18.5 19.3 18.3
  Oct ‑3.9 4   ‑19.7 ‑19.1   15.8 23.1  
  Nov 2.6 1.4   ‑19.1 ‑19.5   21.7 20.9  
  Dec ‑2.9 1.2   ‑17.9 ‑18.5   15.0 19.7  
  Total 14.6 50.6 30.3 ‑175.2 ‑184.7 ‑138.2 189.8 235.3 168.5

*) 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.

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