Sweden’s trade surplus narrowed sharply to SEK 6.3 billion in January 2026, from SEK 12.2 billion in the same month of the previous year. Imports fell 7.4% year-on-year to SEK 155.4 billion, dragged down by lower purchases from both the EU, which dropped 1.3% to SEK 104 billion, and other countries, which plunged 17.8% to SEK 51.4 billion. Meanwhile, exports declined even more sharply, falling 10.2% to SEK 161.7 billion, weighed down by reduced sales to the EU, which fell 6.1% to SEK 90.2 billion, and other countries, which slumped 14.9% to SEK 71.5 billion. On a seasonally adjusted basis, the trade surplus decreased slightly to SEK 5.1 billion in January 2026 from SEK 5.4 billion in December.
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Swede Trade Surplus Narrows Sharply
Sweden’s trade surplus narrowed sharply to SEK 6.3 billion in January 2026, from SEK 12.2 billion in the same month of the previous year. Imports fell 7.4% year-on-year to SEK 155.4 billion, dragged down by lower purchases from both the EU, which dropped 1.3% to SEK 104 billion, and other countries, which plunged 17.8% to SEK 51.4 billion. Meanwhile, exports declined even more sharply, falling 10.2% to SEK 161.7 billion, weighed down by reduced sales to the EU, which fell 6.1% to SEK 90.2 billion, and other countries, which slumped 14.9% to SEK 71.5 billion. On a seasonally adjusted basis, the trade surplus decreased slightly to SEK 5.1 billion in January 2026 from SEK 5.4 billion in December.