Statistics Sweden reported on Tuesday that the country's trade surplus decreased to SEK 1.4 billion in November from a revised SEK5.0 billion in October (originally SEK4.7 billion). In November 2019, the trade surplus was SEK2.6 billion.  

According to the report, the non-EU trade balance recorded a surplus of SEK20.6 billion in November, while the trade balance with the EU posted a deficit of SEK19.2 billion.

Exports decreased 3.0 percent y-o-y to SEK128.0 billion in November, as a 7 percent y-o-y drop in sales to the EU offset a 2 percent y-o-y advance in exports to non-EU countries. Meanwhile, imports fell 2 percent y-o-y to SEK126.6 billion, led by a 5 percent y-o-y decrease in purchases from the EU, which, however, was partially offset by a 7 percent y-o-y gain in imports from non-EU countries.