Home / Knowledge / News / Textiles / Value of exports soars in February

Value of exports soars in February

31
Mar '08
In February 2008, Swedish exports of goods amounted to SEK 105.8 billion, while imports of goods amounted to SEK 88.7 billion. As a result, the net trade surplus was SEK 17.1 billion.

Foreign trade resulted in a net trade surplus of SEK 17.1 billion in February 2008 according to preliminary calculations from Statistics Sweden. The surplus for February 2007 was SEK 10.3 billion.

The value of exports in February 2008 amounted to SEK 105.8 billion, while imports were valued at SEK 88.7 billion. Compared to February 2007, exports increased by 18 percent in value, while imports increased by 12 percent. The number of weekdays in February 2008 was one more compared to February 2007.

Trade with countries outside the EU resulted in a surplus of SEK 15.7 billion, while the EU trade resulted in a surplus of 1.4 billion.

Seasonally adjusted, the net trade surplus amounted to SEK 12.9 billion in February 2008, compared to SEK 12.7 billion in January 2008. The corresponding figure for December 2007 was SEK 12.4 billion

The net trade balance for December 2007 – February 2008 resulted in a surplus of SEK 39.5 billion:
During this period, the value of exports have increased in value by 10 percent, imports also increased by 10 percent in value compared to the corresponding period one year ago.

Exports amounted to SEK 298.5 billion, and imports were valued at SEK 259.0 billion, resulting in a net trade surplus of SEK 39.5 billion for December 2007 – February 2008. The corresponding surplus figure for these months in 2006 and 2007 was SEK 34.0 billion.

Statistics Sweden


Interviews View All

Amit Jain, Shingora Textiles Ltd

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Fabio Grandis,

Fabio Grandis

Italian company Grandis SRL has been operating in the textile industry for ...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search