Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.
Growth in Swedish exports while imports fell
Thursday, 31 May 2012
Sweden continues to strategically placing it self to resist the current
global economic turbulence with an impressive growth in exports and
reduction in imports.
Exports of goods from Sweden during the first quarter increased by 0.3
percent in volume (value in constant prices) compared to the first
quarter of 2011, official data from statistic Sweden show.
It also show that at the same time, imports of goods decreased in
volume by 0.6 percent. In 2011 the increase in volume of exports was
8.6 percent while imports increased 7.3 percent, compared to the
corresponding period in 2010.
machinery and transport equipment were down by 4 percent while Wood and
paper products increased by 2 percent. Chemical products decreased by
10 percent. Minerals and Energy products rose by 11 and 14 percent
respectively while Other products increased by 6 percent.
Imports during the first quarter decreased by 0.6 percent in volume, compared to the fourth quarter of 2011.
Machinery and transport equipment, the dominating sector in imports,
decreased by 2 percent. Within this sector imports of road vehicles
decreased the most, 7 percent. Electronics and telecommunications
products decreased by 3 percent.
Imports in the other products showed a varying development.
Food/beverages/tobacco continued to increase, 6 percent, while the
imports of textiles, clothing and footwear decreased by 5 percent.
Imports of furniture decreased by 10 percent.
The sector: Energy products, there was a decreased of 8 percent, mainly
due to a continuing decrease in the imports of petroleum products
whereas the sector Chemical products increased by 5 percent. Within the
sector organic / inorganic chemicals, there was an increased of 11
percent and pharmaceuticals by 8 percent. Minerals increased in volume
by 7 percent, while Wood and paper products showed a small decrease.
By Scancomark.se Team / News sources: Statistic Sweden
What do you think about this article
and us? Please leave a comment
© Scandinavian Companies and Market
2012. | Scandinavian
Companies and Market and Scancomark are registered trade mark of
Scandinavian Companies and Market.