RTTNews - Wednesday, the Statistics Sweden announced that the net trade surplus stood at SEK 8.4 billion in April, narrowing from SEK 8.8 billion surplus in the previous month. Economists had expected a trade surplus of SEK 8.1 billion. A year ago, the trade surplus amounted to SEK 10.3 billion.
Exports value decreased 27% year-on-year to SEK 80.9 billion in April, while imports dropped 28% to SEK 72.5 billion.
Separately, the statistical office said the trade surplus stood at SEK 26 billion in the January to March period, narrowing from SEK 35 billion in the previous year.
The value of exports decreased 19% year-on-year to SEK 250 billion in the January to March period, while imports value declined 18% to SEK 224 billion.
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