2017.12.2804:17:00UTC+00Sweden Trade Deficit Widens In November

Sweden's trade deficit widened in November, figures from Statistics Sweden showed Thursday.

The trade deficit totaled SEK 3 billion in November compared to a SEK 2.1 billion shortfall a year ago. The deficit came in at SEK 1.2 billion in October.

Exports grew 4 percent annually to SEK 118.0 billion and imports rose 5 percent to SEK 121.0 billion.

The trade deficit rose to a seasonally adjusted SEK 0.5 billion in November from SEK 0.4 billion in October.

Trade with countries outside the EU resulted in a surplus of SEK 16.6 billion versus SEK 14.4 billion surplus in October. Meanwhile, the trade deficit with EU nations rose to SEK 19.6 billion from SEK 15.6 billion.