FOREX TradingCharts.com

Financial News: Sweden Trade Balance Swings To Surplus

Sweden Trade Balance Swings To Surplus

01/26/2024 - 03:33:00 (RTTNews)

(RTTNews) - Sweden's foreign trade balance turned to a surplus in December from a deficit in the previous year as imports fell faster than exports, figures from Statistics Sweden showed on Friday.

The trade balance showed a surplus of SEK 3.8 billion in December versus a deficit of SEK 2.3 billion in the corresponding month last year.

In November, the trade balance posted a surplus of SEK 12.1 billion.

On an annual basis, exports grew by 6.0 percent over the year, while imports dropped by 10.0 percent.

The non-EU trade balance showed a surplus of SEK 23.8 billion in December, while the trade balance with the EU revealed a deficit of SEK 20.0 billion.

On a seasonally adjusted basis, the trade surplus was SEK 11.1 billion in December, the same as in the previous month.

During the year 2023, the total trade surplus was SEK 50.8 billion, versus a deficit of SEK 44.9 billion in 2022. Exports grew 5.0 percent, while imports remained flat.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


German Ifo Business Morale Rises Slightly (05 hr(s), 50 min(s), 53 sec(s) ago)
(RTTNews) - Sentiment among German companies rose moderately in February due to less pessimism reg ...Full Story»

Poland Jobless Rate Rises To 5.4%, Highest In 10 Months (06 hr(s), 47 min(s), 53 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased further in January to the highest level in n ...Full Story»

German Economy Shrinks On Weak Investment (07 hr(s), 34 min(s), 53 sec(s) ago)
(RTTNews) - The German economy contracted at the end of the year on weaker investment, revised dat ...Full Story»

German Business Confidence Improves Slightly - Ifo (07 hr(s), 51 min(s), 53 sec(s) ago)
(RTTNews) - Business confidence in Germany strengthened modestly in February due to less pessimism ...Full Story»

Hungary Jobless Rate Rises To 4.6% (08 hr(s), 17 min(s), 53 sec(s) ago)
(RTTNews) - Hungary's unemployment rate increased somewhat during the November-January period, ...Full Story»

Czech Economic Confidence Weakens To 8-Month Low (09 hr(s), 15 min(s), 53 sec(s) ago)
(RTTNews) - The Czech economic confidence index declined for the second straight month in February ...Full Story»

Malaysia Inflation Steady At 1.5% (09 hr(s), 44 min(s), 53 sec(s) ago)
(RTTNews) - Malaysia's consumer price inflation remained stable for the second straight month ...Full Story»

German GDP Contracts As Estimated In Q4 (10 hr(s), 12 min(s), 53 sec(s) ago)
(RTTNews) - The German economy contracted as estimated in the fourth quarter on weaker investment, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

German Ifo Business Morale Rises Slightly

02/23/2024 - 06:48 AM (RTTNews)
(RTTNews) - Sentiment among German companies rose moderately in February due to less pessimism reg ...Full Story>>

Poland Jobless Rate Rises To 5.4%, Highest In 10 Months

02/23/2024 - 05:51 AM (RTTNews)
(RTTNews) - The unemployment rate in Poland increased further in January to the highest level in n ...Full Story>>

German Economy Shrinks On Weak Investment

02/23/2024 - 05:04 AM (RTTNews)
(RTTNews) - The German economy contracted at the end of the year on weaker investment, revised dat ...Full Story>>

German Business Confidence Improves Slightly - Ifo

02/23/2024 - 04:47 AM (RTTNews)
(RTTNews) - Business confidence in Germany strengthened modestly in February due to less pessimism ...Full Story>>

Hungary Jobless Rate Rises To 4.6%

02/23/2024 - 04:21 AM (RTTNews)
(RTTNews) - Hungary's unemployment rate increased somewhat during the November-January period, ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.