Sweden posts trade deficit of
Photo: Johan Nilsson/TT

Sweden posts trade deficit of SEK 11.9 billion in August, SCB says

Sweden's foreign trade posted a deficit of SEK 11.9 billion in August, according to Statistics Sweden (SCB).

This can be compared with the surplus of SEK 1.4 billion in July and the deficit of SEK 8.7 billion in August last year.

The value of Swedish exports amounted to SEK 159.9 billion in August this year, an increase of 11 percent year-on-year. However, the value of imports increased by 12 percent to SEK 171.8 billion.

Adjusted for seasonal effects, net trade was positive and amounted to SEK 1.7 billion.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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