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Swedish Trade Surplus Narrows In June

(RTTNews) - Friday, the Statistics Sweden announced in its report that Swedish trade surplus narrowed to SEK8.2 billion in June from SEK13.3 billion in the year-ago period. June’s trade surplus was smaller than the May’s SEK10 billion.

On a seasonally adjusted basis, the net trade surplus stood at SEK6.6 billion in June compared to SEK7.5 billion of the previous month.

On an annual basis, export value of goods edged up 5% to SEK102.2 billion in June. On the other hand, import value of goods increased 12% to SEK94 billion.

In June, trade with non- EU countries recorded a surplus of SEK12.6 billion, while the trade with EU countries resulted in a deficit of SEK4.4 billion.

For the first half the year, Sweden recorded a net trade surplus of SEK66.1 billion compared with the surplus of 70.2 billion of the corresponding period last year. During this period, imports rose 12% and exports were up 10%.

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